| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
54,935 | 46,595 | 66,390 | -895 | 40,864 | 33,883 | 29,586 | 16,303 | 12,993 | 18,075 | 15,092 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Impairments on assets held for sale | ||||||||||
- | - | - | - | - | - | - | - | 645 | 1,888 | 17,545 |
Goodwill impairment | ||||||||||
- | - | - | - | - | - | - | 10,952 | 0 | 0 | - |
Depreciation | ||||||||||
139,543 | 142,111 | 151,063 | 123,995 | 69,287 | 63,324 | 56,583 | 57,961 | 45,350 | 36,553 | 32,018 |
Amortization of intangible assets | ||||||||||
20,535 | 24,294 | 25,944 | 19,690 | 1,415 | 2,566 | 4,139 | 6,452 | 10,420 | 6,078 | 612 |
Amortization reflected as contra revenue | ||||||||||
- | - | - | - | - | 0 | - | - | - | - | - |
Accretion of asset retirement obligations | ||||||||||
1,478 | 1,045 | 761 | 728 | 0 | 0 | - | - | - | - | - |
Pension settlement and curtailment expense | ||||||||||
- | - | - | - | - | - | - | - | - | 3,964 | 0 |
Bad debt expense | ||||||||||
1,743 | 1,983 | 2,179 | 2,456 | 1,640 | 1,678 | 2,019 | 2,870 | 3,243 | 1,462 | 1,080 |
Straight line adjustment to management fee revenue | ||||||||||
- | - | - | - | - | 0 | - | - | - | - | - |
Stock based compensation expense, net of amount capitalized | ||||||||||
3,817 | 4,959 | 3,580 | 3,021 | 2,333 | 2,624 | 1,938 | 1,842 | 1,718 | 792 | 653 |
Excess tax benefits on stock option exercises | ||||||||||
- | - | - | - | - | 395 | 101 | 106 | 5 | 70 | 63 |
Deferred income taxes | ||||||||||
11,644 | 6,208 | -54,055 | -52,875 | -451 | 2,975 | 14,266 | 6,504 | 15,973 | 4,628 | 957 |
Net (gain) loss on disposal of equipment | ||||||||||
- | - | - | - | -235 | -1,975 | -753 | -426 | 1,360 | -335 | -1,054 |
(Gain) loss on investments | ||||||||||
- | - | - | 143 | -141 | -51 | 391 | 191 | -132 | 325 | 580 |
Gain on sale of assets | ||||||||||
- | - | - | - | - | - | - | - | - | 4,000 | 427 |
Realized loss on disposal of investments | ||||||||||
- | - | - | - | - | - | -1 | 66 | -27 | -147 | -201 |
Gain from patronage and investments | ||||||||||
4,769 | 3,113 | 3,458 | 795 | 805 | 852 | 837 | 894 | -233 | -100 | -78 |
Amortization of long-term debt issuance costs | ||||||||||
3,280 | 3,666 | 4,741 | 3,914 | 567 | 605 | 609 | - | - | - | - |
Accrued interest and other | ||||||||||
- | - | - | 1,414 | - | - | - | - | - | - | - |
Other | ||||||||||
- | - | - | - | 566 | 1,515 | 1,663 | 1,526 | 257 | 373 | 942 |
Net benefit from retirement plans | ||||||||||
- | - | - | 4,396 | 0 | 0 | - | - | - | - | - |
Write-off of unamortized loan fees | ||||||||||
- | - | - | - | - | - | - | 780 | 0 | 0 | - |
Changes in assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
7,664 | -239 | -16,451 | -14,581 | 1,047 | 6,225 | 2,594 | 8,246 | 1,891 | 3,120 | -212 |
Inventory, net | ||||||||||
463 | -439 | -33,339 | 30,288 | -492 | -1,921 | 927 | 2,321 | 1,080 | 262 | -470 |
Current income taxes | ||||||||||
5,024 | -12,029 | 19,138 | -7,694 | -7,058 | -1,824 | 11,871 | -7,790 | 9,919 | -2,955 | -1,835 |
Operating lease right-of-use assets | ||||||||||
51,578 | 0 | 0 | - | - | - | - | - | - | - | - |
Waived management fee | ||||||||||
38,827 | 37,763 | 36,056 | 24,596 | 0 | - | - | - | - | - | - |
Other assets | ||||||||||
18,499 | 16,246 | -1,439 | -5,273 | 6,368 | -1,055 | 1,034 | - | - | - | - |
Accounts payable | ||||||||||
12,821 | -1,377 | -36,725 | 42,496 | 2,753 | 5,040 | -2,145 | -4,690 | -596 | 3,528 | 3,178 |
Lease liabilities | ||||||||||
-46,746 | 0 | 0 | 435 | 0 | 0 | - | - | - | - | - |
Deferred lease | ||||||||||
0 | 4,723 | 327 | 4,273 | 962 | 1,024 | 1,253 | 729 | 416 | 374 | 205 |
Other deferrals and accruals | ||||||||||
2,109 | 329 | -5,964 | -3,648 | 811 | 405 | 1,354 | -647 | 4,371 | 1,729 | -989 |
Net cash provided by operating activities | ||||||||||
259,145 | 265,647 | 222,930 | 161,526 | 119,321 | 114,993 | 94,264 | 96,974 | 80,927 | 75,204 | 74,073 |
Cash flows used in investing activities: | ||||||||||
Capital expenditures | ||||||||||
138,792 | 136,641 | 146,489 | 173,231 | 69,679 | 68,232 | 117,028 | 89,053 | 74,663 | 55,936 | 53,208 |
Cash disbursed for acquisitions | ||||||||||
10,000 | 52,000 | 6,000 | 657,354 | 0 | 0 | - | - | - | 152,114 | 601 |
Additional contributions to investments | ||||||||||
- | - | - | - | - | - | 12 | 0 | 84 | 127 | 608 |
Proceeds from sale of assets | ||||||||||
- | - | - | - | 363 | 551 | 25 | 3,803 | 2,986 | 4,000 | 1,355 |
Cash disbursed for FCC spectrum licenses | ||||||||||
16,742 | 0 | 0 | - | - | - | - | - | - | 6,884 | 0 |
Proceeds from sale of assets and other | ||||||||||
200 | 841 | 994 | 5,510 | - | - | 331 | 102 | 675 | 258 | 168 |
Release of restricted cash | ||||||||||
- | - | - | -2,167 | 0 | 0 | - | - | - | - | - |
Cash distributions (contributions) from investments and other | ||||||||||
- | - | - | -2,895 | -54 | 43 | 121 | 1,227 | 475 | 62 | 611 |
Net cash used in investing activities | ||||||||||
-165,334 | -187,800 | -151,495 | -820,013 | -69,262 | -67,638 | -116,563 | -83,921 | -70,611 | -210,741 | -52,283 |
Cash flows used in financing activities: | ||||||||||
Principal payments on long-term debt | ||||||||||
53,197 | 51,264 | 36,375 | 213,793 | 23,000 | 5,750 | 1,977 | 178,397 | 14,538 | 28,620 | 15,399 |
Dividends paid, net of dividends reinvested | ||||||||||
13,943 | 12,866 | 12,257 | 11,705 | 11,085 | 10,761 | 8,191 | 7,403 | 7,320 | 7,313 | 7,007 |
Repurchase of common stock | ||||||||||
7,231 | 0 | 0 | - | - | 1,785 | 1,600 | 143 | 92 | 0 | 0 |
Proceeds from revolving credit facility borrowings | ||||||||||
0 | 15,000 | - | 0 | - | - | - | - | - | - | - |
Proceeds from credit facility borrowings | ||||||||||
- | - | 25,000 | 860,000 | 0 | 0 | - | 230,000 | 0 | 189,800 | 7,000 |
Principal payments on revolving credit facility | ||||||||||
0 | 15,000 | 0 | 0 | - | - | - | - | - | - | - |
Excess tax benefits from stock compensation | ||||||||||
- | - | - | - | 679 | 395 | 101 | 106 | 5 | 70 | 63 |
Taxes paid for equity award issuances | ||||||||||
2,911 | 3,245 | 5,411 | 5,097 | 1,885 | - | - | - | - | - | - |
Payments for debt issuance costs | ||||||||||
0 | 3,971 | 0 | 14,910 | 7,880 | 0 | 0 | 2,418 | 0 | 3,562 | 0 |
Proceeds from exercise of stock options and other | ||||||||||
36 | 0 | 0 | 3,373 | 1,007 | 1,147 | 1,196 | 414 | 50 | 561 | 367 |
Net cash used in financing activities | ||||||||||
-77,246 | -71,346 | -29,043 | 617,868 | -42,164 | -16,754 | -10,471 | 42,159 | -21,895 | 150,936 | -14,976 |
Net increase in cash and cash equivalents | ||||||||||
16,565 | 6,501 | 42,392 | -40,619 | 7,895 | 30,601 | -32,770 | 55,212 | -11,579 | 15,399 | 6,814 |
Supplemental Cash Flow Information [Abstract] | ||||||||||
Interest, net of capitalized interest of $1,556; $1,559 and $1,374 in 2018, 2017 and 2016, respectively | ||||||||||
- | - | - | 21,187 | 6,784 | 7,548 | 8,077 | 6,598 | 7,076 | 3,991 | 1,267 |
Income tax (refunds received) paid, net | ||||||||||
- | - | - | 44,983 | 21,119 | 17,233 | 17,483 | -2,482 | 4,248 | 5,657 | 7,819 |
Non-cash investing and financing activities | ||||||||||
Capital expenditures payable | ||||||||||
- | - | - | 14,386 | 5,597 | - | - | - | - | - | - |
Common stock issued to acquire non-controlling interest in nTelos | ||||||||||
- | - | - | 10,400 | - | - | - | - | - | - | - |
Unamortized loan allocation to long term debt, current maturities | ||||||||||
- | - | - | 5,200 | - | - | - | - | - | - | - |
Increase in accumulated other comprehensive income | ||||||||||
- | - | - | 6,373 | - | - | - | - | - | - | - |