View Filing Data

Print Document View Excel Document

Cover - shares	6 Months Ended
Cover - shares	Jun. 30, 2020	Jul. 24, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	000-09881
Entity Registrant Name	SHENANDOAH TELECOMMUNICATIONS COMPANY
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	54-1162807
Entity Address, Address Line One	500 Shentel Way
Entity Address, City or Town	Edinburg
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22824
City Area Code	540
Local Phone Number	984-4141
Title of 12(b) Security	Common Stock (No Par Value)
Trading Symbol	SHEN
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		49,852,174
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000354963
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 143,712	$ 101,651
Accounts receivable, net of allowance for doubtful accounts of $445 and $533, respectively	91,682	63,541
Income taxes receivable	4,452	10,306
Inventory, net of allowances of $40 and $66, respectively	3,295	5,728
Prepaid expenses and other	56,392	60,527
Total current assets	299,533	241,753
Investments	12,661	12,388
Property, plant and equipment, net	703,012	701,514
Intangible assets, net	285,081	314,147
Goodwill	149,070	149,070
Operating lease right-of-use assets	376,912	392,589
Deferred charges and other assets	54,311	53,352
Total assets	1,880,580	1,864,813
Current liabilities:
Current maturities of long-term debt, net of unamortized loan fees	31,689	31,650
Accounts payable	26,702	40,295
Advanced billings and customer deposits	8,188	8,358
Accrued compensation	13,439	10,075
Current operating lease liabilities	45,005	42,567
Accrued liabilities and other	20,304	14,391
Total current liabilities	145,327	147,336
Long-term debt, less current maturities, net of unamortized loan fees	672,601	688,464
Other long-term liabilities:
Deferred income taxes	144,273	137,567
Asset retirement obligations	37,929	36,914
Benefit plan obligations	12,247	12,675
Noncurrent operating lease liabilities	332,850	352,439
Other liabilities	23,896	16,990
Total other long-term liabilities	551,195	556,585
Shareholders’ equity:
Common stock, no par value, authorized 96,000; 49,852 and 49,671 issued and outstanding at June 30, 2020 and December 31, 2019, respectively	0	0
Additional paid in capital	44,659	42,110
Retained earnings	472,537	430,010
Accumulated other comprehensive (loss) income, net of taxes	(5,739)	308
Total shareholders’ equity	511,457	472,428
Total liabilities and shareholders’ equity	$ 1,880,580	$ 1,864,813

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Allowance for doubtful accounts	$ 445	$ 533
Inventory reserves	$ 40	$ 66
Stockholders' Equity Attributable to Parent [Abstract]
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	96,000,000	96,000,000
Common stock, shares issued (in shares)	49,852,000	49,671,000
Common stock, shares outstanding (in shares)	49,852,000	49,671,000

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue:
Total revenue	$ 169,526	$ 158,914	$ 322,714	$ 317,757
Operating expenses
Selling, general and administrative	31,394	27,170	62,385	55,892
Depreciation and amortization	34,832	42,353	71,743	83,532
Total operating expenses	126,524	134,894	256,662	268,950
Operating income	43,002	24,020	66,052	48,807
Other income (expense):
Interest expense	(5,044)	(7,522)	(11,255)	(15,476)
Other	1,573	1,176	2,306	2,463
Income before income taxes	39,531	17,674	57,103	35,794
Income tax expense	10,284	4,524	14,576	8,734
Net income	29,247	13,150	42,527	27,060
Other comprehensive income:
Unrealized loss on interest rate hedge, net of tax	59	(4,212)	(6,047)	(6,940)
Comprehensive income	$ 29,306	$ 8,938	$ 36,480	$ 20,120
Net income per share, basic and diluted:
Basic net income per share (in dollars per share)	$ 0.59	$ 0.26	$ 0.85	$ 0.54
Diluted net income per share (in dollars per share)	$ 0.58	$ 0.26	$ 0.85	$ 0.54
Weighted average shares outstanding, basic (in shares)	49,902	49,848	49,878	49,812
Weighted average shares outstanding, diluted (in shares)	50,082	50,142	50,039	50,118
Service revenue and other
Revenue:
Total revenue	$ 159,720	$ 142,059	$ 299,908	$ 285,290
Equipment revenue
Revenue:
Total revenue	9,806	16,855	22,806	32,467
Cost of services
Operating expenses
Cost of services and cost of goods sold	50,640	49,497	100,205	99,015
Cost of goods sold
Operating expenses
Cost of services and cost of goods sold	$ 9,658	$ 15,874	$ 22,329	$ 30,511

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Shares of Common Stock (no par value)	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2018		49,630,000
Balance at Dec. 31, 2018	$ 444,232		$ 47,456	$ 388,496	$ 8,280
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	27,060			27,060
Other comprehensive gain (loss), net of tax	(6,940)				(6,940)
Stock based compensation (in shares)		184,000
Stock based compensation	2,497		2,497
Stock options exercised (in shares)		29,000
Stock options exercised	81		81
Common stock issued	16		16
Shares retired for settlement of employee taxes upon issuance of vested equity awards (in shares)		(62,000)
Shares retired for settlement of employee taxes upon issuance of vested equity awards	(2,912)		(2,912)
Common stock issued to acquire non-controlling interest in nTelos (in shares)		76,000
Balance (in shares) at Jun. 30, 2019		49,857,000
Balance at Jun. 30, 2019	464,034		47,138	415,556	1,340
Balance (in shares) at Dec. 31, 2018		49,630,000
Balance at Dec. 31, 2018	$ 444,232		47,456	388,496	8,280
Balance (in shares) at Dec. 31, 2019	49,671,000	49,671,000
Balance at Dec. 31, 2019	$ 472,428		42,110	430,010	308
Balance (in shares) at Mar. 31, 2019		49,844,000
Balance at Mar. 31, 2019	454,599		46,641	402,406	5,552
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	13,150			13,150
Other comprehensive gain (loss), net of tax	(4,212)				(4,212)
Stock based compensation (in shares)		17,000
Stock based compensation	695		695
Stock options exercised (in shares)		1,000
Stock options exercised	(94)		(94)
Common stock issued	8		8
Shares retired for settlement of employee taxes upon issuance of vested equity awards (in shares)		(5,000)
Shares retired for settlement of employee taxes upon issuance of vested equity awards	(112)		(112)
Balance (in shares) at Jun. 30, 2019		49,857,000
Balance at Jun. 30, 2019	$ 464,034		47,138	415,556	1,340
Balance (in shares) at Dec. 31, 2019	49,671,000	49,671,000
Balance at Dec. 31, 2019	$ 472,428		42,110	430,010	308
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	42,527			42,527
Other comprehensive gain (loss), net of tax	(6,047)				(6,047)
Stock based compensation (in shares)		152,000
Stock based compensation	4,716		4,716
Common stock issued	15		15
Shares retired for settlement of employee taxes upon issuance of vested equity awards (in shares)		(47,000)
Shares retired for settlement of employee taxes upon issuance of vested equity awards	$ (2,182)		(2,182)
Common stock issued to acquire non-controlling interest in nTelos (in shares)		76,000
Balance (in shares) at Jun. 30, 2020	49,852,000	49,852,000
Balance at Jun. 30, 2020	$ 511,457		44,659	472,537	(5,739)
Balance (in shares) at Mar. 31, 2020		49,842,000
Balance at Mar. 31, 2020	480,650		43,158	443,290	(5,798)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	29,247			29,247
Other comprehensive gain (loss), net of tax	59				59
Stock based compensation (in shares)		15,000
Stock based compensation	1,731		1,731
Common stock issued	7		7
Shares retired for settlement of employee taxes upon issuance of vested equity awards (in shares)		(5,000)
Shares retired for settlement of employee taxes upon issuance of vested equity awards	$ (237)		(237)
Balance (in shares) at Jun. 30, 2020	49,852,000	49,852,000
Balance at Jun. 30, 2020	$ 511,457		$ 44,659	$ 472,537	$ (5,739)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Cash flows from operating activities:
Net income	$ 29,247	$ 13,150	$ 42,527	$ 27,060
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			63,258	72,737
Amortization of intangible assets			9,336	10,795
Accretion of asset retirement obligations			816	708
Bad debt expense			436	764
Stock based compensation expense, net of amount capitalized			4,520	2,307
Deferred income taxes			8,714	3,434
Gain from patronage and investments			(236)	(2,081)
Amortization of long-term debt issuance costs			1,343	1,648
Changes in assets and liabilities:
Accounts receivable			(28,573)	(4,561)
Inventory, net			2,433	(1,301)
Current income taxes			5,854	1,138
Operating lease right-of-use assets			21,178	25,389
Waived management fee			19,707	19,320
Other assets			1,271	(8,679)
Accounts payable			(10,331)	6,311
Lease liabilities			(22,652)	(21,880)
Other deferrals and accruals			9,338	(3,477)
Net cash provided by operating activities			128,939	129,632
Cash flows used in investing activities:
Capital expenditures			(66,626)	(79,124)
Cash disbursed for acquisitions			0	(10,000)
Payments For Deposit On FCC Leases			(1,200)	0
Proceeds from sale of assets and other			286	105
Net cash used in investing activities			(67,540)	(89,019)
Cash flows used in financing activities:
Principal payments on long-term debt			(17,061)	(24,777)
Taxes paid for equity award issuances			(2,182)	(2,912)
Other			(95)	81
Net cash used in financing activities			(19,338)	(27,608)
Net increase (decrease) in cash and cash equivalents			42,061	13,005
Cash and cash equivalents, beginning of period			101,651	85,086	$ 85,086
Cash and cash equivalents, end of period	$ 143,712	$ 98,091	$ 143,712	$ 98,091	$ 101,651

Basis of Presentation and Other Information

6 Months Ended

Jun. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation and Other Information

The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X for interim financial information. All normal recurring adjustments considered necessary for a fair presentation have been included. Certain disclosures normally included in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) have been omitted. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes contained in our Annual Report on Form 10-K for the year ended December 31, 2019.

The preparation of the unaudited interim consolidated financial statements requires management of the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingencies at the date of the unaudited interim consolidated financial statements. These estimates are inherently subject to judgment and actual results could differ.

T-Mobile Acquisition of Sprint

On April 1, 2020, T-Mobile US, Inc. (“T-Mobile”) announced the completion of its business combination with Sprint Corporation (“Sprint”) and subsequently delivered to the Company a notice of Network Technology Conversion, Brand Conversion and Combination Conversion (a “Conversion Notice”) pursuant to the terms of our affiliate agreement. The 90-day period following receipt of the Conversion Notice for the parties to negotiate mutually agreeable terms and conditions under which the Company would continue as an affiliate of T-Mobile, expired on June 30, 2020. The affiliate agreement further provides that, if T-Mobile and the Company have not negotiated a mutually acceptable agreement within the initial 90-day period, then T-Mobile would have a period of 60 days thereafter to exercise an option to purchase the assets of our Wireless operations for 90% of the "Entire Business Value," (as defined under our affiliate agreement and determined pursuant to the appraisal process under the affiliate agreement); this period will expire on August 31, 2020. If T-Mobile does not exercise its purchase option, the Company would then have a 60-day period to exercise an option to purchase the legacy T-Mobile network and subscribers in our service area. If the Company does not exercise its purchase option, T-Mobile must sell or decommission its legacy network and customers in our service area. The outcome of these proceedings could significantly impact our business operations and financial statements.

T-Mobile has not exercised its purchase option to date, and Shentel is not committed to a plan to sell our wireless segment that is probable of closing within one year. Accordingly, our wireless segment continues to be presented in continuing operations.

We continue to operate as an affiliate of Sprint Corporation, which is a wholly-owned indirect subsidiary of T-Mobile and thus continue to refer to our relationship with Sprint below.

Our Sprint affiliate agreement required T-Mobile to comply with certain restrictive operating requirements during the 90 day period following their Conversion Notice which ended on June 30, 2020. T-Mobile publicly announced on July 22, 2020 its intention to begin integration of the brands, rate plans, sales and network on August 2, 2020. Although the impact to Sprint customers in our affiliate area is uncertain at this point in time, the integration plans are likely to adversely affect our Wireless segment operating and financial results in future periods.

Revision of Prior Period Financial Statements

In connection with the preparation of our unaudited condensed consolidated financial statements for the three months ended March 31, 2020, we determined that certain errors existed in our previously issued financial statements. Specifically:

•

Prepaid and other assets, as of December 31, 2019, were understated by $2.7 million, deferred tax liabilities were understated by $0.7 million, and retained earnings were understated by $2.0 million as the result of a failure to properly account for handsets that were utilized as demo phones in certain wireless retail stores within our area of operation. All of the impact to retained earnings is attributable to 2017 and prior years.

•

Property, plant and equipment, net, and deferred income tax liabilities as of December 31, 2019 were understated by $1.4 million and $0.4 million, respectively. Depreciation expense was overstated by $1.4 million for the year and quarter ended December 31, 2019. Income tax expense and net income were understated by $0.4 million and $1.0 million, respectively, for the year and quarter ended December 31, 2019.

We evaluated these errors under the U.S. Securities and Exchange Commission's ("SEC's") authoritative guidance on materiality and the quantification of the effect of prior period misstatements on financial statements, and we have determined that the impact of these errors on our prior period consolidated financial statements is immaterial. However, since the correction of these errors in the first quarter of 2020 could have become material to our results of operations for the year ending December 31, 2020, we revised our prior period financial statements to correct these errors herein. For the year and quarter ended December 31, 2019, the correction of these errors resulted in a $0.02 increase in both basic and diluted earnings per share.

Adoption of New Accounting Principles

There have been no developments related to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company's unaudited condensed consolidated financial statements and note disclosures, from those disclosed in the Company's 2019 Annual Report on Form 10-K, that would be expected to impact the Company except for the following:

The Company adopted ASU No. 2016-13, Financial Instruments - Credit Losses ("ASC 326"): Measurement of Credit Losses on Financial Instruments, as of January 1, 2020 using the modified retrospective transition method. ASC 326 requires the application of a current expected credit loss (“CECL”) impairment model to financial assets measured at amortized cost including trade accounts receivable, net investments in leases, and certain off-balance-sheet credit exposures. Under the CECL model, lifetime expected credit losses on such financial assets are measured and recognized at each reporting date based on historical, current, and forecasted information. Furthermore, the CECL model requires financial assets with similar risk characteristics to be analyzed on a collective basis. There was no significant impact to condensed consolidated financial statements upon adoption.

The Company adopted ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software ("ASC 350"): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract, as of January 1, 2020. ASC 350 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Upon adoption of the standard, implementation costs were capitalized in the period incurred and will be amortized over the term of the hosting arrangement. There was no significant impact to condensed consolidated financial statements upon adoption.

In March 2020, the FASB issued ASU 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” This accounting update provides optional accounting relief to entities with contracts, hedge accounting relationships or other transactions that reference London Interbank Offering Rate (LIBOR) or other interest rate benchmarks for which the referenced rate is expected to be discontinued or replaced. This optional relief generally allows for contract modifications solely related to the replacement of the reference rate to be accounted for as a continuation of the existing contract instead of as an extinguishment of the contract, and therefore would not require reassessment of a previous accounting determination. The Company's Credit Agreement and interest rate swaps have LIBOR as a reference rate. We plan to apply the accounting relief as relevant contract modifications are made to our Credit Agreement and interest rate swap contracts during the course of the reference rate reform transition period. The optional relief can be applied beginning January 1, 2020, and ending December 31, 2022.

Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

Refer to Note 13, Segment Reporting, for a summary of our revenue streams, which are discussed further below.

Wireless Segment Revenue

Historically we earned $1.5 million in monthly fees for services that we provided to Sprint customers who pass through our network, ("travel revenue"). On April 30, 2019, the agreed upon pricing for this service expired, and Sprint suspended further payments. At that time, we ceased recognition of travel revenue until an agreement on pricing could be reached, but continued to provide this service to Sprint’s customers. In October 2019, we initiated binding arbitration with Sprint pursuant to the terms of our affiliate agreement. During June 2020, the arbitrators reset the fee to $1.5 million per month pricing through December 31, 2021. As a result, we recognized $21.0 million of travel revenue during the three and six months ended June 30, 2020 for service that we have provided since May 1, 2019. We collected payment of this amount in July of 2020. We recognized $1.5 million and $6.0 million in travel revenue for the three and six month periods ended June 30, 2019, respectively.

Below is a summary of the Wireless segment's contract asset:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020			2019			2020			2019
Beginning Balance	$	86,198		$	70,371		$	84,663		$	65,674
Contract payments	14,937			17,565			33,182			35,716
Contract amortization against revenue	(17,456		)	(14,147		)	(34,166		)	(27,601		)
Ending Balance	$	83,679		$	73,789		$	83,679		$	73,789

Our Wireless contract asset is reduced by an estimated obligation to refund amounts that Sprint is later unable to collect from its subscribers. This refund obligation totaled $10.0 million at June 30, 2020 and $7.0 million at December 31, 2019. A change to Sprint’s collection policies extended the timeline to write-off a delinquent subscriber's invoice from four to five months. This had the effect of increasing the cash that we collected from Sprint during the period, but also extended the timeframe under which we can be required to refund those amounts. This drove a $1.8 million increase in the refund obligation, but had no impact on our recognition of revenue. The remaining $1.2 million increase was recognized as contra revenue and was driven by changes in expected credit losses, primarily as a result of COVID-19 and Sprint's participation in the Keep Americans Connected pledge.

Broadband Segment Revenue

Below is a summary of the Broadband segment's capitalized contract acquisition costs:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020			2019			2020			2019
Beginning Balance	$	11,663		$	10,409		$	11,005		$	10,091
Contract payments	2,248			1,457			3,933			3,156
Contract amortization	(1,131		)	(1,390		)	(2,158		)	(2,771		)
Ending Balance	$	12,780		$	10,476		$	12,780		$	10,476

Future performance obligations

On June 30, 2020, the Company had approximately $3.1 million allocated to unsatisfied performance obligations that will be satisfied at the rate of approximately $0.8 million per year.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

+ Details

Investments

6 Months Ended

Jun. 30, 2020

Investments [Abstract]

Investments

Investments consist of the following:



(in thousands)	June 30, 2020		December 31, 2019
SERP investments at fair value	$	2,096	$	2,278
Cost method investments	9,993		9,497
Equity method investments	572		613
Total investments	$	12,661	$	12,388

SERP Investments at Fair Value: The Supplemental Executive Retirement Plan (“SERP”) is a benefit plan that provides deferred compensation to certain employees. The Company holds the related investments in a rabbi trust as a source of funding for future payments under the plan. The SERP’s investments were designated as trading securities and will be liquidated and paid out to the participants upon retirement. The benefit obligation to participants is always equal to the value of the SERP assets under ASC 710 Compensation. Changes to the investments' fair value are presented in Other income (expense), while the reciprocal changes in the liability are presented in selling, general and administrative expense.

Cost Method Investments: Our investment in CoBank’s Class A common stock represented substantially all of our cost method investments with a balance of $9.2 million and $8.7 million at June 30, 2020 and December 31, 2019, respectively. We recognized

approximately $1.0 million and $0.9 million of patronage income in Other income (expense) in the three months ended June 30, 2020 and 2019, respectively, and approximately $2.0 million and $1.8 million in the six months ended June 30, 2020 and 2019, respectively. Historically, approximately 75% of the patronage distributions were in cash and 25% in equity.

Equity Method Investments: At June 30, 2020, the Company had a 20.0% ownership interest in Valley Network Partnership (“ValleyNet”). The Company and ValleyNet purchase capacity on one another’s fiber network. We recognized revenue of $0.3 million from providing service to ValleyNet during both of the three months ended June 30, 2020 and 2019, and approximately $0.5 million during both of the six months ended June 30, 2020 and 2019. We recognized cost of service of $0.6 million and $0.8 million for the use of ValleyNet’s network during the three months ended June 30, 2020 and 2019, respectively, and approximately $1.4 million and $1.5 million in the six months ended June 30, 2020 and 2019, respectively.

Property, Plant and Equipment

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following:



($ in thousands)	Estimated Useful Lives				June 30, 2020		December 31, 2019
Land					$	7,485	$	6,976
Buildings and structures	10	-	40	years	239,772		232,730
Cable and fiber	15	-	40	years	354,819		334,260
Equipment and software	3	-	20	years	887,584		867,898
Plant in service					1,489,660		1,441,864
Plant under construction					71,388		56,827
Total property, plant and equipment					1,561,048		1,498,691
Less: accumulated amortization and depreciation					858,036		797,177
Property, plant and equipment, net					$	703,012	$	701,514

Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

There were no changes to goodwill during the three and six months ended June 30, 2020.

Other intangible assets consisted of the following:



	June 30, 2020							December 31, 2019
(in thousands)	Gross Carrying Amount		Accumulated Amortization and Other			Net		Gross Carrying Amount		Accumulated Amortization and Other			Net
Indefinite-lived intangibles:
Cable franchise rights	$	64,334	$	—		$	64,334	$	64,334	$	—		$	64,334
FCC spectrum licenses	13,839		—			13,839		13,839		—			13,839
Railroad crossing rights	141		—			141		141		—			141
Total indefinite-lived intangibles	78,314		—			78,314		78,314		—			78,314

Finite-lived intangibles:
Sprint affiliate contract expansion - Wireless	455,305		(255,441		)	199,864		455,305		(226,712		)	228,593
FCC spectrum licenses	4,659		(221		)	4,438		4,659		(97		)	4,562
Acquired subscribers - Cable	28,065		(25,800		)	2,265		28,065		(25,600		)	2,465
Other intangibles	463		(263		)	200		463		(250		)	213
Total finite-lived intangibles	488,492		(281,725		)	206,767		488,492		(252,659		)	235,833
Total intangible assets	$	566,806	$	(281,725	)	$	285,081	$	566,806	$	(252,659	)	$	314,147

We acquired Big Sandy Broadband, Inc. (“Big Sandy”) on February 28, 2019. The $10 million acquisition price was allocated as follows within our Broadband segment: $4.6 million of property, plant and equipment; $2.8 million of subscriber relationships; and $2.6 million of goodwill.

In 2016, we acquired nTelos Holdings Corp. and immediately transferred certain of the acquired assets to Sprint in an interrelated nonmonetary exchange. In the exchange, we received a corresponding expansion of our Sprint Affiliate Area, future billings associated with Sprint subscribers already in that expanded area, and an increase in the price that Sprint would pay to buy our Wireless asset group in the event that either party chooses not to renew the affiliate agreement. Sprint also agreed to waive up to $4.2 million of our monthly management fee, not to exceed $255.6 million in total, over a multi-year period. We accounted for these collective rights as an affiliate contract expansion (“ACE”) intangible, which is amortized over the expected benefit period and further reduced as management fees are waived by Sprint. The Company realized management fee waivers of $9.9 million and $9.7 million during the three months ended June 30, 2020 and 2019, respectively, and $19.7 million and $19.3 million in the six months ended June 30, 2020 and 2019, respectively, and $156.9 million since the date of the business combination.

During 2017 and 2018, we entered into purchase agreements with Sprint to further expand our affiliate territory to include areas around Parkersburg, West Virginia, and Richmond, Virginia, respectively. The relevant portion of these payments were also capitalized as ACE intangible assets.

Amounts paid in connection with the acquisition of a business are presented as amortization expense in our income statement. Amounts paid to Sprint outside of a business combination are accounted for as consideration paid to a customer with amortization presented as a reduction of Service and other revenue in our unaudited condensed consolidated statements of comprehensive income.

Amortization of intangible assets was $4.4 million and $5.1 million during the three months ended June 30, 2020 and 2019, respectively, and $9.3 million and $10.8 million for the six months ended June 30, 2020 and 2019, respectively.

Other Assets and Accrued Liabilities

6 Months Ended

Jun. 30, 2020

Other Liabilities Disclosure [Abstract]

Other Assets and Accrued Liabilities

Prepaid expenses and other, classified as current assets, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Wireless contract asset	$	44,593	$	44,844
Broadband contract acquisition and fulfillment costs	4,451		4,898
Prepaid maintenance expenses	4,696		3,329
Interest rate swaps	—		1,382
Other	2,652		6,074
Prepaid expenses and other	$	56,392	$	60,527

Deferred charges and other assets, classified as long-term assets, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Wireless contract asset	$	39,086	$	39,819
Broadband contract acquisition and fulfillment costs	8,329		6,107
Interest rate swaps	—		1,252
Prepaid expenses and other	6,896		6,174
Deferred charges and other assets	$	54,311	$	53,352

Accrued liabilities and other, classified as current liabilities, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Sales and property taxes payable	$	5,748	$	3,789
Accrued programming costs	2,988		3,023
Interest rate swaps	2,894		—
Asset retirement obligations	223		148
Financing leases	95		94
FCC spectrum license obligations	28		105
Other current liabilities	8,328		7,232
Accrued liabilities and other	$	20,304	$	14,391

Other liabilities, classified as long-term liabilities, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Noncurrent portion of deferred lease revenue	$	16,992	$	12,449
FCC spectrum license obligations	1,696		1,699
Noncurrent portion of financing leases	1,548		1,591
Interest rate swaps	2,527		—
Other	1,133		1,251
Other liabilities	$	23,896	$	16,990

Market expectations of the projected LIBOR decreased significantly during 2020, which drove the fair value of our interest rate swaps to a liability. Refer to Note 9, Derivatives and Hedging for more information.

Leases

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Leases

At June 30, 2020, our operating leases had a weighted average remaining lease term of nine years and a weighted average discount rate of 4.3%. Our finance leases had a weighted average remaining lease term of fifteen years and a weighted average discount rate of 5.1%.

During the three and six months ended June 30, 2020, we recognized $17.8 million and $35.6 million of operating lease expense, respectively. Comparatively, during the three and six months ended June 30, 2019, we recognized $16.8 million and $33.7 million of operating lease expense, respectively. We recognized $0.1 million and $0.3 million of interest and depreciation expense on finance leases during the three and six months ended June 30, 2020 and June 30, 2019, respectively. Operating lease expense is presented in cost of service or selling, general and administrative expense based on the use of the relevant facility. Variable lease payments and short-term lease expense were both immaterial. We remitted $16.4 million and $31.8 million of operating lease payments during the three and six months ended June 30, 2020, respectively. We remitted $15.9 million and $30.5 million of operating lease payments during the three and six months ended June 30, 2019, respectively. We also obtained $2.2 million and $5.5 million of leased assets in exchange for new operating lease liabilities during the three and six months ended June 30, 2020, respectively. We obtained $21.2 million and $25.7 million of leased assets in exchange for new operating lease liabilities during the three and six months ended June 30, 2019, respectively.

The following table summarizes the expected maturity of lease liabilities at June 30, 2020:



(in thousands)	Operating Leases		Finance Leases		Total
2020	$	28,935	$	93	$	29,028
2021	66,338		174		66,512
2022	64,493		174		64,667
2023	60,994		174		61,168
2024	56,329		174		56,503
2025 and thereafter	193,826		1,530		195,356
Total lease payments	470,915		2,319		473,234
Less: Interest	93,060		676		93,736
Present value of lease liabilities	$	377,855	$	1,643	$	379,498

We recognized $2.1 million and $4.2 million of operating lease revenue during the three and six months ended June 30, 2020, respectively, and $2.0 million and $4.0 million during the three and six months ended June 30, 2019, respectively, related to the cell site colocation space and dedicated fiber optic strands that we lease to our customers, which is included in Service and other revenue in the unaudited condensed consolidated statements of comprehensive income. Substantially all of our lease revenue relates to fixed lease payments.

Below is a summary of our minimum rental receipts under the lease agreements in place at June 30, 2020:



(in thousands)	Operating Leases
2020	$	3,938
2021	6,007
2022	4,944
2023	3,313
2024	2,117
2025 and thereafter	4,517
Total	$	24,836

Leases

The following table summarizes the expected maturity of lease liabilities at June 30, 2020:



(in thousands)	Operating Leases		Finance Leases		Total
2020	$	28,935	$	93	$	29,028
2021	66,338		174		66,512
2022	64,493		174		64,667
2023	60,994		174		61,168
2024	56,329		174		56,503
2025 and thereafter	193,826		1,530		195,356
Total lease payments	470,915		2,319		473,234
Less: Interest	93,060		676		93,736
Present value of lease liabilities	$	377,855	$	1,643	$	379,498

Below is a summary of our minimum rental receipts under the lease agreements in place at June 30, 2020:



(in thousands)	Operating Leases
2020	$	3,938
2021	6,007
2022	4,944
2023	3,313
2024	2,117
2025 and thereafter	4,517
Total	$	24,836

Leases

The following table summarizes the expected maturity of lease liabilities at June 30, 2020:



(in thousands)	Operating Leases		Finance Leases		Total
2020	$	28,935	$	93	$	29,028
2021	66,338		174		66,512
2022	64,493		174		64,667
2023	60,994		174		61,168
2024	56,329		174		56,503
2025 and thereafter	193,826		1,530		195,356
Total lease payments	470,915		2,319		473,234
Less: Interest	93,060		676		93,736
Present value of lease liabilities	$	377,855	$	1,643	$	379,498

Below is a summary of our minimum rental receipts under the lease agreements in place at June 30, 2020:



(in thousands)	Operating Leases
2020	$	3,938
2021	6,007
2022	4,944
2023	3,313
2024	2,117
2025 and thereafter	4,517
Total	$	24,836

Long-Term Debt

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Long-Term Debt

Our syndicated Credit Agreement includes a $75 million, five-year undrawn revolving credit facility, as well as the following outstanding term loans:



(in thousands)	June 30, 2020		December 31, 2019
Term loan A-1	$	244,004	$	258,571
Term loan A-2	470,975		473,469
	714,979		732,040
Less: unamortized loan fees	10,689		11,926
Total debt, net of unamortized loan fees	$	704,290	$	720,114

Term Loan A-1 bears interest at one-month LIBOR plus a margin of 1.50%, while Term Loan A-2 bears interest at one-month LIBOR plus a margin of 1.75%. LIBOR resets monthly. Our cash payments for interest were $10.3 million and $14.5 million during the six months ended June 30, 2020 and 2019, respectively.

As shown below, as of June 30, 2020, the Company was in compliance with the financial covenants in its credit agreements.



	Actual		Covenant Requirement
Total leverage ratio	2.3		3.25	or Lower
Debt service coverage ratio	5.7		2.00	or Higher
Minimum liquidity balance (in millions)	$	218.5	$25.0	or Higher

Rate quotations provided by a group of banks that sustain LIBOR will no longer be required after 2021. As a result, it is uncertain whether LIBOR will continue to be quoted after 2021. Our term loans and interest rate swaps identify LIBOR as a reference rate and mature after 2021. Alternative reference rates that replace LIBOR may not yield the same or similar economic results over the terms of the financial instruments. The transition from LIBOR could result in us paying higher or lower interest rates on our current LIBOR-indexed term loans, affect the fair value of the derivative instruments we hold, or affect our ability to effectively use interest rate swaps to manage interest rate risk. Our Credit Agreement includes provisions that provide for the identification of a LIBOR replacement rate. Due to the uncertainty regarding the transition from LIBOR-indexed financial instruments, including when it will happen, and the manner in which an alternative reference rate will apply, we cannot yet reasonably estimate the expected financial impact of the LIBOR transition.

Derivatives and Hedging

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives and Hedging

The Company's interest rate swaps are pay-fixed (1.16%), receive-variable (one month LIBOR) that hedged approximately 44.4% of outstanding debt with outstanding notional amounts totaling $317.6 million and $339.8 million, as of June 30, 2020 and December 31, 2019, respectively.

The fair value of these instruments was estimated using an income approach and observable market inputs. The hedge was determined to be highly effective and therefore all of the change in its fair value was recognized through Other comprehensive income. During the three months ended June 30, 2020, the change in fair market value was immaterial. During the six months ended June 30, 2020 the fair market value decreased $8.1 million due to a decline in the one month LIBOR. They were presented as follows:



(in thousands)	June 30, 2020		December 31, 2019
Balance sheet location of derivative financial instruments:
Prepaid expenses and other	$	—	$	1,382
Deferred charges and other assets, net	—		1,252
Accrued liabilities and other	2,894		—
Other liabilities	2,527		—
Total derivatives designated as hedging instruments	$	5,421	$	2,634

The table below summarizes changes in accumulated other comprehensive income (loss) by component:



(in thousands)	Gains (Losses) on Cash Flow Hedges			Income Tax (Expense) Benefit			Accumulated Other Comprehensive Income (Loss), net of taxes
Balance as of December 31, 2019	$	2,634		$	(2,326	)	$	308
Net change in unrealized gain (loss)	(8,183		)	2,040			(6,143		)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense	128			(32		)	96
Net current period other comprehensive income (loss)	(8,055		)	2,008			(6,047		)
Balance as of June 30, 2020	$	(5,421	)	$	(318	)	$	(5,739	)

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company files U.S. federal income tax returns and various state income tax returns. The Company is not subject to any state or federal income tax audits as of June 30, 2020. The Company's returns are generally open to examination from 2016 forward and the net operating losses acquired in the acquisition of nTelos are open to examination from 2002 forward. The Company’s effective tax rate for the three months ended June 30, 2020 was approximately 26.0%, as compared with approximately 25.6% for the three months ended June 30, 2019. The Company’s effective tax rate for the six months ended June 30, 2020 was approximately 25.5%, as compared with approximately 24.4% for the six months ended June 30, 2019. The Company had no significant cash payments or refunds for income taxes during the six months ended June 30, 2020. The Company paid cash income taxes of $4.2 million during the six months ended June 30, 2019.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

Stock Compensation

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Stock Compensation

The Company granted approximately 81 thousand restricted stock units (RSUs) to employees during the six months ended June 30, 2020. Approximately 70 thousand and 11 thousand of these RSUs were granted during the first and second quarter of 2020, respectively, at market prices of $48.47 and $52.70 in those respective quarters. The Company also granted approximately 14 thousand RSUs to members of the board of directors at a market price of $48.47 per award in the first quarter of 2020. Additionally, approximately 40 thousand Relative Total Shareholder Return (“RTSR”) awards were granted to employees at a value of $56.32 per award in the first quarter of 2020. Under the terms of the award agreements, the RSUs granted to employees vest over the anniversary date of the grants through 2024. The RSUs granted to the members of the board of directors vest fully on the first anniversary of the grant date. Pursuant to the terms of the RTSR awards, the Company’s stock performance over a three-year period, ending December 31, 2022, will be compared to a group of peer companies, and the actual number of shares to be issued will be determined based upon the performance of the Company’s stock as compared with that of the peer group. The actual number of shares to be issued ranges from 0 shares (if the Company’s stock performance is in the bottom 25% of the peer group) to 150% of the awards granted (if the Company’s stock performance is in the top 25% of the peer group). The Company's stock-based compensation award vesting is subject to requirements relating to continued employment with the Company through the service or performance periods, and to special vesting provisions in case of a change of control, death, disability or retirement.

We utilize the treasury stock method to calculate the impact on diluted earnings per share that potentially dilutive stock-based compensation awards have. The following table indicates the computation of basic and diluted earnings per share:



	Three Months Ended June 30,				Six Months Ended June 30, 2020
(in thousands, except per share amounts)	2020		2019		2020		2019
Calculation of net income per share:
Net income	$	29,247	$	13,150	$	42,527	$	27,060
Basic weighted average shares outstanding	49,902		49,848		49,878		49,812
Basic net income per share	$	0.59	$	0.26	$	0.85	$	0.54

Effect of stock-based compensation awards outstanding:
Basic weighted average shares outstanding	49,902		49,848		49,878		49,812
Effect from dilutive shares and options outstanding	180		294		161		306
Diluted weighted average shares outstanding	50,082		50,142		50,039		50,118
Diluted net income per share	$	0.58	$	0.26	$	0.85	$	0.54

There were fewer than 105,000 anti-dilutive awards outstanding during the three and six months ended 2020 and 2019.

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies We are committed to make payments to satisfy our lease liabilities and long-term debt. The scheduled payments under those obligations are summarized in the respective notes above. We are also committed to make annual payments of approximately $108.0 thousand on our FCC spectrum license obligation through 2039. The Company is subject to claims and legal actions that may arise in the ordinary course of business. The Company does not believe that any of these pending claims or legal actions are either probable or reasonably possible of a material loss.

Segment Reporting

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Reporting

Three Months Ended June 30, 2020:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	73,269	$	—	$	—	$	—		$	73,269
Prepaid	12,432		—		—		—			12,432
Tower lease	—		—		1,829		—			1,829
Cable, residential and SMB (1)	—		35,829		—		—			35,829
Fiber, enterprise and wholesale	—		5,663		—		—			5,663
Rural local exchange carrier	—		4,602		—		—			4,602
Travel, installation, and other	24,438		1,658		—		—			26,096
Service revenue and other	110,139		47,752		1,829		—			159,720
Equipment	9,610		196		—		—			9,806
Total external revenue	119,749		47,948		1,829		—			169,526
Revenue from other segments	—		2,185		2,430		(4,615		)	—
Total revenue	119,749		50,133		4,259		(4,615		)	169,526
Operating expenses
Cost of services	33,237		20,640		1,315		(4,552		)	50,640
Cost of goods sold	9,437		221		—		—			9,658
Selling, general and administrative	9,783		9,260		238		12,113			31,394
Depreciation and amortization	23,420		11,245		477		(310		)	34,832
Total operating expenses	75,877		41,366		2,030		7,251			126,524
Operating income (loss)	$	43,872	$	8,767	$	2,229	$	(11,866	)	$	43,002

_______________________________________________________


(1)	SMB refers to Small and Medium Businesses.

Three Months Ended June 30, 2019:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	75,997	$	—	$	—	$	—		$	75,997
Prepaid	13,603		—		—		—			13,603
Tower lease	—		—		1,751		—			1,751
Cable, residential and SMB	—		33,581		—		—			33,581
Fiber, enterprise and wholesale	—		4,921		—		—			4,921
Rural local exchange carrier	—		5,581		—		—			5,581
Travel, installation, and other	4,971		1,654		—		—			6,625
Service revenue and other	94,571		45,737		1,751		—			142,059
Equipment	16,548		307		—		—			16,855
Total external revenue	111,119		46,044		1,751		—			158,914
Revenue from other segments	—		2,507		1,270		(3,777		)	—
Total revenue	111,119		48,551		3,021		(3,777		)	158,914
Operating expenses
Cost of services	32,668		19,014		895		(3,080		)	49,497
Cost of goods sold	15,742		131		—		1			15,874
Selling, general and administrative	10,318		7,524		274		9,054			27,170
Depreciation and amortization	31,463		10,002		756		132			42,353
Total operating expenses	90,191		36,671		1,925		6,107			134,894
Operating income (loss)	$	20,928	$	11,880	$	1,096	$	(9,884	)	$	24,020

Six Months Ended June 30, 2020:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	148,197	$	—	$	—	$	—		$	148,197
Prepaid	25,541		—		—		—			25,541
Tower lease	—		—		3,626		—			3,626
Cable, residential and SMB	—		70,772		—		—			70,772
Fiber, enterprise and wholesale	—		11,151		—		—			11,151
Rural local exchange carrier	—		9,358		—		—			9,358
Travel, installation, and other	27,789		3,474		—		—			31,263
Service revenue and other	201,527		94,755		3,626		—			299,908
Equipment	22,360		446		—		—			22,806
Total external revenue	223,887		95,201		3,626		—			322,714
Revenue from other segments	—		4,718		4,363		(9,081		)	—
Total revenue	223,887		99,919		7,989		(9,081		)	322,714
Operating expenses
Cost of services	66,676		39,883		2,254		(8,608		)	100,205
Cost of goods sold	21,965		364		—		—			22,329
Selling, general and administrative	19,211		18,759		764		23,651			62,385
Depreciation and amortization	48,719		22,116		947		(39		)	71,743
Total operating expenses	156,571		81,122		3,965		15,004			256,662
Operating income (loss)	$	67,316	$	18,797	$	4,024	$	(24,085	)	$	66,052

Six Months Ended June 30, 2019:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	152,179	$	—	$	—	$	—		$	152,179
Prepaid	26,733		—		—		—			26,733
Tower lease	—		—		3,514		—			3,514
Cable, residential and SMB	—		66,007		—		—			66,007
Fiber, enterprise and wholesale	—		9,749		—		—			9,749
Rural local exchange carrier	—		10,819		—		—			10,819
Travel, installation, and other	12,989		3,300		—		—			16,289
Service revenue and other	191,901		89,875		3,514		—			285,290
Equipment	31,839		628		—		—			32,467
Total external revenue	223,740		90,503		3,514		—			317,757
Revenue from other segments	—		4,929		2,540		(7,469		)	—
Total revenue	223,740		95,432		6,054		(7,469		)	317,757
Operating expenses
Cost of services	65,200		38,075		1,841		(6,101		)	99,015
Cost of goods sold	30,169		342		—		—			30,511
Selling, general and administrative	21,397		15,093		557		18,845			55,892
Depreciation and amortization	61,833		19,993		1,436		270			83,532
Total operating expenses	178,599		73,503		3,834		13,014			268,950
Operating income (loss)	$	45,141	$	21,929	$	2,220	$	(20,483	)	$	48,807

A reconciliation of the total of the reportable segments’ operating income to consolidated income before taxes is as follows:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020			2019			2020			2019
Total consolidated operating income	$	43,002		$	24,020		$	66,052		$	48,807
Interest expense	(5,044		)	(7,522		)	(11,255		)	(15,476		)
Other	1,573			1,176			2,306			2,463
Income before income taxes	$	39,531		$	17,674		$	57,103		$	35,794

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Basis of Presentation and Other Information (Policies)	6 Months Ended
Basis of Presentation and Other Information (Policies)	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Adoption of New Accounting Policies	There have been no developments related to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company's unaudited condensed consolidated financial statements and note disclosures, from those disclosed in the Company's 2019 Annual Report on Form 10-K, that would be expected to impact the Company except for the following: The Company adopted ASU No. 2016-13, Financial Instruments - Credit Losses ("ASC 326"): Measurement of Credit Losses on Financial Instruments, as of January 1, 2020 using the modified retrospective transition method. ASC 326 requires the application of a current expected credit loss (“CECL”) impairment model to financial assets measured at amortized cost including trade accounts receivable, net investments in leases, and certain off-balance-sheet credit exposures. Under the CECL model, lifetime expected credit losses on such financial assets are measured and recognized at each reporting date based on historical, current, and forecasted information. Furthermore, the CECL model requires financial assets with similar risk characteristics to be analyzed on a collective basis. There was no significant impact to condensed consolidated financial statements upon adoption. The Company adopted ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software ("ASC 350"): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract, as of January 1, 2020. ASC 350 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Upon adoption of the standard, implementation costs were capitalized in the period incurred and will be amortized over the term of the hosting arrangement. There was no significant impact to condensed consolidated financial statements upon adoption. In March 2020, the FASB issued ASU 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” This accounting update provides optional accounting relief to entities with contracts, hedge accounting relationships or other transactions that reference London Interbank Offering Rate (LIBOR) or other interest rate benchmarks for which the referenced rate is expected to be discontinued or replaced. This optional relief generally allows for contract modifications solely related to the replacement of the reference rate to be accounted for as a continuation of the existing contract instead of as an extinguishment of the contract, and therefore would not require reassessment of a previous accounting determination. The Company's Credit Agreement and interest rate swaps have LIBOR as a reference rate. We plan to apply the accounting relief as relevant contract modifications are made to our Credit Agreement and interest rate swap contracts during the course of the reference rate reform transition period. The optional relief can be applied beginning January 1, 2020, and ending December 31, 2022.

Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Contract with Customer, Asset and Liability

Below is a summary of the Wireless segment's contract asset:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020			2019			2020			2019
Beginning Balance	$	86,198		$	70,371		$	84,663		$	65,674
Contract payments	14,937			17,565			33,182			35,716
Contract amortization against revenue	(17,456		)	(14,147		)	(34,166		)	(27,601		)
Ending Balance	$	83,679		$	73,789		$	83,679		$	73,789

Amortized and Capitalized Contract Cost

Below is a summary of the Broadband segment's capitalized contract acquisition costs:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020			2019			2020			2019
Beginning Balance	$	11,663		$	10,409		$	11,005		$	10,091
Contract payments	2,248			1,457			3,933			3,156
Contract amortization	(1,131		)	(1,390		)	(2,158		)	(2,771		)
Ending Balance	$	12,780		$	10,476		$	12,780		$	10,476

Investments (Tables)

6 Months Ended

Jun. 30, 2020

Investments [Abstract]

Other Investments

Investments consist of the following:



(in thousands)	June 30, 2020		December 31, 2019
SERP investments at fair value	$	2,096	$	2,278
Cost method investments	9,993		9,497
Equity method investments	572		613
Total investments	$	12,661	$	12,388

Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following:



($ in thousands)	Estimated Useful Lives				June 30, 2020		December 31, 2019
Land					$	7,485	$	6,976
Buildings and structures	10	-	40	years	239,772		232,730
Cable and fiber	15	-	40	years	354,819		334,260
Equipment and software	3	-	20	years	887,584		867,898
Plant in service					1,489,660		1,441,864
Plant under construction					71,388		56,827
Total property, plant and equipment					1,561,048		1,498,691
Less: accumulated amortization and depreciation					858,036		797,177
Property, plant and equipment, net					$	703,012	$	701,514

Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Resulting from Acquisition

Other intangible assets consisted of the following:



	June 30, 2020							December 31, 2019
(in thousands)	Gross Carrying Amount		Accumulated Amortization and Other			Net		Gross Carrying Amount		Accumulated Amortization and Other			Net
Indefinite-lived intangibles:
Cable franchise rights	$	64,334	$	—		$	64,334	$	64,334	$	—		$	64,334
FCC spectrum licenses	13,839		—			13,839		13,839		—			13,839
Railroad crossing rights	141		—			141		141		—			141
Total indefinite-lived intangibles	78,314		—			78,314		78,314		—			78,314

Finite-lived intangibles:
Sprint affiliate contract expansion - Wireless	455,305		(255,441		)	199,864		455,305		(226,712		)	228,593
FCC spectrum licenses	4,659		(221		)	4,438		4,659		(97		)	4,562
Acquired subscribers - Cable	28,065		(25,800		)	2,265		28,065		(25,600		)	2,465
Other intangibles	463		(263		)	200		463		(250		)	213
Total finite-lived intangibles	488,492		(281,725		)	206,767		488,492		(252,659		)	235,833
Total intangible assets	$	566,806	$	(281,725	)	$	285,081	$	566,806	$	(252,659	)	$	314,147

Schedule of Finite-Lived Intangible Assets

Other intangible assets consisted of the following:



	June 30, 2020							December 31, 2019
(in thousands)	Gross Carrying Amount		Accumulated Amortization and Other			Net		Gross Carrying Amount		Accumulated Amortization and Other			Net
Indefinite-lived intangibles:
Cable franchise rights	$	64,334	$	—		$	64,334	$	64,334	$	—		$	64,334
FCC spectrum licenses	13,839		—			13,839		13,839		—			13,839
Railroad crossing rights	141		—			141		141		—			141
Total indefinite-lived intangibles	78,314		—			78,314		78,314		—			78,314

Finite-lived intangibles:
Sprint affiliate contract expansion - Wireless	455,305		(255,441		)	199,864		455,305		(226,712		)	228,593
FCC spectrum licenses	4,659		(221		)	4,438		4,659		(97		)	4,562
Acquired subscribers - Cable	28,065		(25,800		)	2,265		28,065		(25,600		)	2,465
Other intangibles	463		(263		)	200		463		(250		)	213
Total finite-lived intangibles	488,492		(281,725		)	206,767		488,492		(252,659		)	235,833
Total intangible assets	$	566,806	$	(281,725	)	$	285,081	$	566,806	$	(252,659	)	$	314,147

Other Assets and Accrued Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Other Liabilities Disclosure [Abstract]

Schedule of Other Current Assets

Prepaid expenses and other, classified as current assets, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Wireless contract asset	$	44,593	$	44,844
Broadband contract acquisition and fulfillment costs	4,451		4,898
Prepaid maintenance expenses	4,696		3,329
Interest rate swaps	—		1,382
Other	2,652		6,074
Prepaid expenses and other	$	56,392	$	60,527

Schedule of Other Assets, Noncurrent

Deferred charges and other assets, classified as long-term assets, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Wireless contract asset	$	39,086	$	39,819
Broadband contract acquisition and fulfillment costs	8,329		6,107
Interest rate swaps	—		1,252
Prepaid expenses and other	6,896		6,174
Deferred charges and other assets	$	54,311	$	53,352

Summary of Accrued Liabilities and Other

Accrued liabilities and other, classified as current liabilities, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Sales and property taxes payable	$	5,748	$	3,789
Accrued programming costs	2,988		3,023
Interest rate swaps	2,894		—
Asset retirement obligations	223		148
Financing leases	95		94
FCC spectrum license obligations	28		105
Other current liabilities	8,328		7,232
Accrued liabilities and other	$	20,304	$	14,391

Other Noncurrent Liabilities

Other liabilities, classified as long-term liabilities, included the following:



(in thousands)	June 30, 2020		December 31, 2019
Noncurrent portion of deferred lease revenue	$	16,992	$	12,449
FCC spectrum license obligations	1,696		1,699
Noncurrent portion of financing leases	1,548		1,591
Interest rate swaps	2,527		—
Other	1,133		1,251
Other liabilities	$	23,896	$	16,990

Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Expected Maturity of Lease Liabilities, Operating

ctively.

The following table summarizes the expected maturity of lease liabilities at June 30, 2020:



(in thousands)	Operating Leases		Finance Leases		Total
2020	$	28,935	$	93	$	29,028
2021	66,338		174		66,512
2022	64,493		174		64,667
2023	60,994		174		61,168
2024	56,329		174		56,503
2025 and thereafter	193,826		1,530		195,356
Total lease payments	470,915		2,319		473,234
Less: Interest	93,060		676		93,736
Present value of lease liabilities	$	377,855	$	1,643	$	379,498

Expected Maturity of Lease Liabilities, Financing

ctively.

The following table summarizes the expected maturity of lease liabilities at June 30, 2020:



(in thousands)	Operating Leases		Finance Leases		Total
2020	$	28,935	$	93	$	29,028
2021	66,338		174		66,512
2022	64,493		174		64,667
2023	60,994		174		61,168
2024	56,329		174		56,503
2025 and thereafter	193,826		1,530		195,356
Total lease payments	470,915		2,319		473,234
Less: Interest	93,060		676		93,736
Present value of lease liabilities	$	377,855	$	1,643	$	379,498

Minimum Rental Receipts Under Lease Agreement Lessor, Operating Leases

Below is a summary of our minimum rental receipts under the lease agreements in place at June 30, 2020:



(in thousands)	Operating Leases
2020	$	3,938
2021	6,007
2022	4,944
2023	3,313
2024	2,117
2025 and thereafter	4,517
Total	$	24,836

Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Long-term Debt

Our syndicated Credit Agreement includes a $75 million, five-year undrawn revolving credit facility, as well as the following outstanding term loans:



(in thousands)	June 30, 2020		December 31, 2019
Term loan A-1	$	244,004	$	258,571
Term loan A-2	470,975		473,469
	714,979		732,040
Less: unamortized loan fees	10,689		11,926
Total debt, net of unamortized loan fees	$	704,290	$	720,114

Financial Covenants in Credit Agreements

As shown below, as of June 30, 2020, the Company was in compliance with the financial covenants in its credit agreements.



	Actual		Covenant Requirement
Total leverage ratio	2.3		3.25	or Lower
Debt service coverage ratio	5.7		2.00	or Higher
Minimum liquidity balance (in millions)	$	218.5	$25.0	or Higher

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Derivative and Hedging (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

They were presented as follows:



(in thousands)	June 30, 2020		December 31, 2019
Balance sheet location of derivative financial instruments:
Prepaid expenses and other	$	—	$	1,382
Deferred charges and other assets, net	—		1,252
Accrued liabilities and other	2,894		—
Other liabilities	2,527		—
Total derivatives designated as hedging instruments	$	5,421	$	2,634

Schedule of Accumulated Other Comprehensive Income (Loss)

The table below summarizes changes in accumulated other comprehensive income (loss) by component:



(in thousands)	Gains (Losses) on Cash Flow Hedges			Income Tax (Expense) Benefit			Accumulated Other Comprehensive Income (Loss), net of taxes
Balance as of December 31, 2019	$	2,634		$	(2,326	)	$	308
Net change in unrealized gain (loss)	(8,183		)	2,040			(6,143		)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense	128			(32		)	96
Net current period other comprehensive income (loss)	(8,055		)	2,008			(6,047		)
Balance as of June 30, 2020	$	(5,421	)	$	(318	)	$	(5,739	)

Stock Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table indicates the computation of basic and diluted earnings per share:



	Three Months Ended June 30,				Six Months Ended June 30, 2020
(in thousands, except per share amounts)	2020		2019		2020		2019
Calculation of net income per share:
Net income	$	29,247	$	13,150	$	42,527	$	27,060
Basic weighted average shares outstanding	49,902		49,848		49,878		49,812
Basic net income per share	$	0.59	$	0.26	$	0.85	$	0.54

Effect of stock-based compensation awards outstanding:
Basic weighted average shares outstanding	49,902		49,848		49,878		49,812
Effect from dilutive shares and options outstanding	180		294		161		306
Diluted weighted average shares outstanding	50,082		50,142		50,039		50,118
Diluted net income per share	$	0.58	$	0.26	$	0.85	$	0.54

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Selected Financial Data for Segments

Three Months Ended June 30, 2020:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	73,269	$	—	$	—	$	—		$	73,269
Prepaid	12,432		—		—		—			12,432
Tower lease	—		—		1,829		—			1,829
Cable, residential and SMB (1)	—		35,829		—		—			35,829
Fiber, enterprise and wholesale	—		5,663		—		—			5,663
Rural local exchange carrier	—		4,602		—		—			4,602
Travel, installation, and other	24,438		1,658		—		—			26,096
Service revenue and other	110,139		47,752		1,829		—			159,720
Equipment	9,610		196		—		—			9,806
Total external revenue	119,749		47,948		1,829		—			169,526
Revenue from other segments	—		2,185		2,430		(4,615		)	—
Total revenue	119,749		50,133		4,259		(4,615		)	169,526
Operating expenses
Cost of services	33,237		20,640		1,315		(4,552		)	50,640
Cost of goods sold	9,437		221		—		—			9,658
Selling, general and administrative	9,783		9,260		238		12,113			31,394
Depreciation and amortization	23,420		11,245		477		(310		)	34,832
Total operating expenses	75,877		41,366		2,030		7,251			126,524
Operating income (loss)	$	43,872	$	8,767	$	2,229	$	(11,866	)	$	43,002

_______________________________________________________


(1)	SMB refers to Small and Medium Businesses.

Three Months Ended June 30, 2019:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	75,997	$	—	$	—	$	—		$	75,997
Prepaid	13,603		—		—		—			13,603
Tower lease	—		—		1,751		—			1,751
Cable, residential and SMB	—		33,581		—		—			33,581
Fiber, enterprise and wholesale	—		4,921		—		—			4,921
Rural local exchange carrier	—		5,581		—		—			5,581
Travel, installation, and other	4,971		1,654		—		—			6,625
Service revenue and other	94,571		45,737		1,751		—			142,059
Equipment	16,548		307		—		—			16,855
Total external revenue	111,119		46,044		1,751		—			158,914
Revenue from other segments	—		2,507		1,270		(3,777		)	—
Total revenue	111,119		48,551		3,021		(3,777		)	158,914
Operating expenses
Cost of services	32,668		19,014		895		(3,080		)	49,497
Cost of goods sold	15,742		131		—		1			15,874
Selling, general and administrative	10,318		7,524		274		9,054			27,170
Depreciation and amortization	31,463		10,002		756		132			42,353
Total operating expenses	90,191		36,671		1,925		6,107			134,894
Operating income (loss)	$	20,928	$	11,880	$	1,096	$	(9,884	)	$	24,020

Six Months Ended June 30, 2020:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	148,197	$	—	$	—	$	—		$	148,197
Prepaid	25,541		—		—		—			25,541
Tower lease	—		—		3,626		—			3,626
Cable, residential and SMB	—		70,772		—		—			70,772
Fiber, enterprise and wholesale	—		11,151		—		—			11,151
Rural local exchange carrier	—		9,358		—		—			9,358
Travel, installation, and other	27,789		3,474		—		—			31,263
Service revenue and other	201,527		94,755		3,626		—			299,908
Equipment	22,360		446		—		—			22,806
Total external revenue	223,887		95,201		3,626		—			322,714
Revenue from other segments	—		4,718		4,363		(9,081		)	—
Total revenue	223,887		99,919		7,989		(9,081		)	322,714
Operating expenses
Cost of services	66,676		39,883		2,254		(8,608		)	100,205
Cost of goods sold	21,965		364		—		—			22,329
Selling, general and administrative	19,211		18,759		764		23,651			62,385
Depreciation and amortization	48,719		22,116		947		(39		)	71,743
Total operating expenses	156,571		81,122		3,965		15,004			256,662
Operating income (loss)	$	67,316	$	18,797	$	4,024	$	(24,085	)	$	66,052

Six Months Ended June 30, 2019:



(in thousands)	Wireless		Broadband		Tower		Corporate & Eliminations			Consolidated
External revenue
Postpaid	$	152,179	$	—	$	—	$	—		$	152,179
Prepaid	26,733		—		—		—			26,733
Tower lease	—		—		3,514		—			3,514
Cable, residential and SMB	—		66,007		—		—			66,007
Fiber, enterprise and wholesale	—		9,749		—		—			9,749
Rural local exchange carrier	—		10,819		—		—			10,819
Travel, installation, and other	12,989		3,300		—		—			16,289
Service revenue and other	191,901		89,875		3,514		—			285,290
Equipment	31,839		628		—		—			32,467
Total external revenue	223,740		90,503		3,514		—			317,757
Revenue from other segments	—		4,929		2,540		(7,469		)	—
Total revenue	223,740		95,432		6,054		(7,469		)	317,757
Operating expenses
Cost of services	65,200		38,075		1,841		(6,101		)	99,015
Cost of goods sold	30,169		342		—		—			30,511
Selling, general and administrative	21,397		15,093		557		18,845			55,892
Depreciation and amortization	61,833		19,993		1,436		270			83,532
Total operating expenses	178,599		73,503		3,834		13,014			268,950
Operating income (loss)	$	45,141	$	21,929	$	2,220	$	(20,483	)	$	48,807

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of the total of the reportable segments’ operating income to consolidated income before taxes is as follows:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020			2019			2020			2019
Total consolidated operating income	$	43,002		$	24,020		$	66,052		$	48,807
Interest expense	(5,044		)	(7,522		)	(11,255		)	(15,476		)
Other	1,573			1,176			2,306			2,463
Income before income taxes	$	39,531		$	17,674		$	57,103		$	35,794

Basis of Presentation and Other Information - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended			6 Months Ended		12 Months Ended
	Apr. 01, 2020	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Prepaid expenses and other		$ 56,392	$ 60,527		$ 56,392		$ 60,527
Retained earnings		472,537	430,010		472,537		430,010
Property, plant and equipment, net		703,012	701,514		703,012		701,514
Deferred income taxes		144,273	137,567		144,273		137,567
Depreciation expense		34,832		$ 42,353	71,743	$ 83,532
Income tax expense		10,284		4,524	14,576	8,734
Net income		$ 29,247		$ 13,150	$ 42,527	$ 27,060
Increase (decrease) in earnings per share, basic (in dollars per share)		$ 0.59		$ 0.26	$ 0.85	$ 0.54
Increase (decrease) in earnings per share, diluted (in dollars per share)		$ 0.58		$ 0.26	$ 0.85	$ 0.54
Affiliated Entity
Subsequent Event [Line Items]
Negotiation period	90 days
Option to purchase assets, period	60 days
Purchase option, value of business percentage	90.00%
Option to purchase network, period	60 days
Revision of Prior Period, Error Correction, Adjustment \| Prior Period Errors
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Prepaid expenses and other			2,700				2,700
Deferred tax liabilities, net			700				700
Retained earnings			2,000				2,000
Property, plant and equipment, net			1,400				1,400
Deferred income taxes			400				400
Depreciation expense			(1,400)				(1,400)
Income tax expense			400				400
Net income			$ 1,000				$ 1,000
Increase (decrease) in earnings per share, basic (in dollars per share)			$ 0.02				$ 0.02
Increase (decrease) in earnings per share, diluted (in dollars per share)			$ 0.02				$ 0.02

Revenue from Contracts with Customers - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 169,526	$ 158,914	$ 322,714	$ 317,757
Increase in refund liability	1,800		1,800
Remaining performance obligations	3,100		3,100
Revenue remaining performance obligation, per year	800		800
Sprint
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Monthly revenue from contract with customer	1,500		1,500
Revenue from contract with customer, excluding assessed tax	21,000	$ 1,500	21,000	$ 6,000
Contract with customer, refund liability	10,000		$ 10,000		$ 7,000
Deliquent account write-off period			5 months		4 months
COVID-19
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in refund liability	$ 1,200		$ 1,200

Revenue from Contracts with Customers Revenue from Contract with Customers - Contract Asset Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Contract Asset Balance [Roll Forward]
Beginning Balance	$ 86,198	$ 70,371	$ 84,663	$ 65,674
Contract payments	14,937	17,565	33,182	35,716
Contract amortization	(17,456)	(14,147)	(34,166)	(27,601)
Ending Balance	$ 83,679	$ 73,789	$ 83,679	$ 73,789

Revenue from Contracts with Customers Revenue from Contracts with Customers - Amortized and Capitalized Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Capitalized Contract Cost [Roll Forward]
Beginning Balance	$ 11,663	$ 10,409	$ 11,005	$ 10,091
Contract payments	2,248	1,457	3,933	3,156
Contract amortization	(1,131)	(1,390)	(2,158)	(2,771)
Ending Balance	$ 12,780	$ 10,476	$ 12,780	$ 10,476

Investments - Other Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investments [Abstract]
SERP investments at fair value	$ 2,096	$ 2,278
Cost method investments	9,993	9,497
Equity method investments	572	613
Total investments	$ 12,661	$ 12,388

Investments - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Investments - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Mar. 31, 2019
Schedule of Equity Method Investments [Line Items]
SERP investments at fair value	$ 2,096		$ 2,096		$ 2,278
Valley Network Partnership
Schedule of Equity Method Investments [Line Items]
Ownership interest, percentage	20.00%		20.00%
CoBank
Schedule of Equity Method Investments [Line Items]
SERP investments at fair value	$ 9,200		$ 9,200		$ 8,700
Other nonoperating income (expense)	1,000	$ 900	2,000	$ 1,800
Percentage of patronage credit paid in cash						75.00%
Percentage of patronage credit paid in share						25.00%
Equity Method Investee
Schedule of Equity Method Investments [Line Items]
Revenue from related parties		300		500
Related party costs	$ 600	$ 800	$ 1,400	$ 1,500

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 1,561,048	$ 1,498,691
Less: accumulated amortization and depreciation	858,036	797,177
Property, plant and equipment, net	703,012	701,514
Land
Property, plant and equipment [Abstract]
Total property, plant and equipment	7,485	6,976
Buildings and structures
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 239,772	232,730
Buildings and structures \| Minimum
Property, plant and equipment [Abstract]
Estimated useful lives	10 years
Buildings and structures \| Maximum
Property, plant and equipment [Abstract]
Estimated useful lives	40 years
Cable and fiber
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 354,819	334,260
Cable and fiber \| Minimum
Property, plant and equipment [Abstract]
Estimated useful lives	15 years
Cable and fiber \| Maximum
Property, plant and equipment [Abstract]
Estimated useful lives	40 years
Equipment and software
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 887,584	867,898
Equipment and software \| Minimum
Property, plant and equipment [Abstract]
Estimated useful lives	3 years
Equipment and software \| Maximum
Property, plant and equipment [Abstract]
Estimated useful lives	20 years
Plant in service
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 1,489,660	1,441,864
Plant under construction
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 71,388	$ 56,827

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 28, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2016	Dec. 31, 2019
Business Acquisition [Line Items]
Goodwill		$ 149,070		$ 149,070			$ 149,070
Waived management fees under affiliate agreement amount expected to collect monthly						$ 4,200
Waived management fees, included in affiliate contract expanse accumulated amortization		9,900	$ 9,700	19,700	$ 19,300
Cumulative waived management fees							$ 156,900
Amortization of intangible assets		$ 4,400	$ 5,100	$ 9,300	$ 10,800
Maximum
Business Acquisition [Line Items]
Waived management fees, included in affiliate contract expanse accumulated amortization						$ 255,600
Big sandy acquisition
Business Acquisition [Line Items]
Aggregate purchase price	$ 10,000
Property, plant and equipment acquired	4,600
Goodwill	2,600
Customer relationships \| Big sandy acquisition
Business Acquisition [Line Items]
Subscriber relationship acquired	$ 2,800

Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Total indefinite-lived intangibles	$ 78,314	$ 78,314
Gross Carrying Amount	488,492	488,492
Accumulated Amortization and Other	(281,725)	(252,659)
Net	206,767	235,833
Total intangible assets, gross carrying amount	566,806	566,806
Intangible assets, net	285,081	314,147
Affiliate contract expansion
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	455,305	455,305
Accumulated Amortization and Other	(255,441)	(226,712)
Net	199,864	228,593
FCC Spectrum Licenses
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,659	4,659
Accumulated Amortization and Other	(221)	(97)
Net	4,438	4,562
Acquired subscribers - Cable
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	28,065	28,065
Accumulated Amortization and Other	(25,800)	(25,600)
Net	2,265	2,465
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	463	463
Accumulated Amortization and Other	(263)	(250)
Net	200	213
Cable franchise rights
Finite-Lived Intangible Assets [Line Items]
Total indefinite-lived intangibles	64,334	64,334
FCC Spectrum Licenses
Finite-Lived Intangible Assets [Line Items]
Total indefinite-lived intangibles	13,839	13,839
Railroad crossing rights
Finite-Lived Intangible Assets [Line Items]
Total indefinite-lived intangibles	$ 141	$ 141

Other Assets and Accrued Liabilities - Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Wireless contract asset	$ 44,593	$ 44,844
Broadband contract acquisition and fulfillment costs	4,451	4,898
Prepaid maintenance expenses	4,696	3,329
Interest rate swaps	0	1,382
Other	2,652	6,074
Prepaid expenses and other	$ 56,392	$ 60,527

Other Assets and Accrued Liabilities - Long-Term Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Wireless contract asset	$ 39,086	$ 39,819
Broadband contract acquisition and fulfillment costs	8,329	6,107
Interest rate swaps	0	1,252
Prepaid expenses and other	6,896	6,174
Deferred charges and other assets	$ 54,311	$ 53,352

Other Assets and Accrued Liabilities - Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Sales and property taxes payable	$ 5,748	$ 3,789
Accrued programming costs	2,988	3,023
Interest rate swaps	2,894	0
Asset retirement obligations	223	148
Financing leases	95	94
FCC spectrum license obligations	28	105
Other current liabilities	8,328	7,232
Accrued liabilities and other	$ 20,304	$ 14,391

Other Assets and Accrued Liabilities - Long Term Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Noncurrent portion of deferred lease revenue	$ 16,992	$ 12,449
FCC spectrum license obligations	1,696	1,699
Noncurrent portion of financing leases	1,548	1,591
Interest rate swaps	2,527	0
Other	1,133	1,251
Other liabilities	$ 23,896	$ 16,990

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Leases - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Operating lease, weighted average remaining lease term	9 years		9 years
Finance lease, weighted average remaining lease term	15 years		15 years
Operating lease, weighted average discount rate, percent	4.30%		4.30%
Finance lease, weighted average discount rate, percent	5.10%		5.10%
Operating lease, cost	$ 17.8	$ 16.8	$ 35.6	$ 33.7
Finance lease, cost	0.1		0.3
Operating lease, payments	16.4	15.9	31.8	30.5
Right-of-use asset obtained in exchange for operating lease liability	2.2	21.2	5.5	25.7
Sublease income	$ 2.1	$ 2.0	$ 4.2	$ 4.0

Leases - Maturity of Lease Liability - Lessee (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Operating Leases
2020	$ 28,935
2021	66,338
2022	64,493
2023	60,994
2024	56,329
2025 and thereafter	193,826
Total lease payments	470,915
Less: Interest	93,060
Present value of lease liabilities	377,855
Finance Leases
2020	93
2021	174
2022	174
2023	174
2024	174
2025 and thereafter	1,530
Total lease payments	2,319
Less: Interest	676
Present value of lease liabilities	1,643
Total
2020	29,028
2021	66,512
2022	64,667
2023	61,168
2024	56,503
2025 and thereafter	195,356
Total lease payments	473,234
Less: Interest	93,736
Present value of lease liabilities	$ 379,498

Leases - Maturity of Lease Liability - Lessor (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Leases [Abstract]
2020	$ 3,938
2021	6,007
2022	4,944
2023	3,313
2024	2,117
2025 and thereafter	4,517
Total	$ 24,836

Long-Term Debt - Narrative (Details) - USD ($)		6 Months Ended
Long-Term Debt - Narrative (Details) - USD ($)	Dec. 18, 2015	Jun. 30, 2020	Jun. 30, 2019
Debt Instrument [Line Items]
Cash payments for interest		$ 10,300,000	$ 14,500,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 75,000,000
Term of credit facility	5 years
Term loan A-1 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Term loan A-2 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.75%

- Credit Agreement (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Total	$ 714,979	$ 732,040
Less: unamortized loan fees	10,689	11,926
Total debt, net of unamortized loan fees	704,290	720,114
Term loan A-1
Debt Instrument [Line Items]
Total	244,004	258,571
Term loan A-2
Debt Instrument [Line Items]
Total	$ 470,975	$ 473,469

Long-Term Debt - Financial Covenants in Credit Agreements (Details)	3 Months Ended
	Jun. 30, 2020 USD ($)
Actual
Total leverage ratio	2.3
Debt service coverage ratio	5.7
Minimum liquidity balance (in millions)	$ 218,500,000
Covenant Requirement
Total Leverage Ratio	3.25
Debt Service Coverage Ratio	2.00
Minimum liquidity balance	$ 25,000,000.0

Derivatives and Hedging - Narrative (Details) - Not Designated as Hedging Instrument - Cash Flow Hedging - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	May 31, 2016
Derivative [Line Items]
Notional amount of interest rate swaps	$ 317.6	$ 339.8
Increase (decrease) in fair value	$ (8.1)
Interest Rate Swap, May 2016
Derivative [Line Items]
Interest rate			1.16%
Percentage hedged	44.40%

Derivatives and Hedging - Schedule of Derivative Instruments (Fair Value) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Derivative asset	$ 0	$ 1,252
Interest rate swaps \| Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative asset	5,421	2,634
Interest rate swaps \| Designated as Hedging Instrument \| Prepaid expenses and other
Derivatives, Fair Value [Line Items]
Derivative asset	0	1,382
Interest rate swaps \| Designated as Hedging Instrument \| Deferred charges and other assets, net
Derivatives, Fair Value [Line Items]
Derivative asset	0	1,252
Interest rate swaps \| Designated as Hedging Instrument \| Accrued liabilities and other
Derivatives, Fair Value [Line Items]
Derivative asset	2,894	0
Interest rate swaps \| Designated as Hedging Instrument \| Other liabilities
Derivatives, Fair Value [Line Items]
Derivative asset	$ 2,527	$ 0

Derivatives and Hedging - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax (Expense) Benefit
Balance as of December 31, 2019			$ (2,326)
Net change in unrealized gain (loss)			2,040
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense			(32)
Net current period other comprehensive income (loss)			2,008
Balance as of June 30, 2020	$ (318)		(318)
Accumulated Other Comprehensive Income (Loss), net of taxes
Balance as of December 31, 2019			308
Net change in unrealized gain (loss)			(6,143)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense			96
Net current period other comprehensive income (loss)	59	$ (4,212)	(6,047)	$ (6,940)
Balance as of June 30, 2020	(5,739)		(5,739)
Gains (Losses) on Cash Flow Hedges
Gains (Losses) on Cash Flow Hedges
Balance as of December 31, 2019			2,634
Net change in unrealized gain (loss)			(8,183)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense			128
Net current period other comprehensive income (loss)			(8,055)
Balance as of June 30, 2020	$ (5,421)		$ (5,421)

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Effective tax rate	26.00%	25.60%	25.50%	24.40%
Income taxes paid, net			$ 0	$ 4,200

Stock Compensation - Narrative (Details) - $ / shares	3 Months Ended			6 Months Ended
Stock Compensation - Narrative (Details) - $ / shares	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Anti-dilutive awards outstanding (fewer than) (in shares)	105,000,000		105,000	105,000	105,000
Relative Total Shareholder Return Awards (RTSRs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share performance period				3 years
Bottom portion of peer percent group (as a percent)	25.00%
Top portion of peer percent group (as a percent)	25.00%
Relative Total Shareholder Return Awards (RTSRs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, issued (in shares)	0
Relative Total Shareholder Return Awards (RTSRs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued (as a percent)	150.00%
Employee \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	11,000	70,000		81,000
Restricted stock units granted (in dollars per share)	$ 52.70	$ 48.47
Employee \| Relative Total Shareholder Return Awards (RTSRs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		40,000
Restricted stock units granted (in dollars per share)		$ 56.32
Director \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		14,000
Restricted stock units granted (in dollars per share)		$ 48.47

Stock Compensation - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Net income	$ 29,247	$ 13,150	$ 42,527	$ 27,060
Basic weighted average shares outstanding (in shares)	49,902	49,848	49,878	49,812
Basic net income per share (in dollars per share)	$ 0.59	$ 0.26	$ 0.85	$ 0.54
Effect from dilutive shares and options outstanding (in shares)	180	294	161	306
Diluted weighted average shares outstanding (in shares)	50,082	50,142	50,039	50,118
Diluted net income per share (in dollars per share)	$ 0.58	$ 0.26	$ 0.85	$ 0.54

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794

+ Details

Commitments and Contingencies Narrative (Details)	Jun. 30, 2020 USD ($)
FCC Spectrum Licenses
Other Commitments [Line Items]
Other commitment, annual payments	$ 108,000.0

Segment Reporting - Selected Financial Data for Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
External revenue
Total revenue	$ 169,526	$ 158,914	$ 322,714	$ 317,757
Operating expenses
Selling, general and administrative	31,394	27,170	62,385	55,892
Depreciation and amortization	34,832	42,353	71,743	83,532
Total operating expenses	126,524	134,894	256,662	268,950
Operating income	43,002	24,020	66,052	48,807
Wireless
External revenue
Total revenue	119,749	111,119	223,887	223,740
Broadband
External revenue
Total revenue	47,948	46,044	95,201	90,503
Tower
External revenue
Total revenue	1,829	1,751	3,626	3,514
Operating Segments \| Wireless
External revenue
Total revenue	119,749	111,119	223,887	223,740
Operating expenses
Selling, general and administrative	9,783	10,318	19,211	21,397
Depreciation and amortization	23,420	31,463	48,719	61,833
Total operating expenses	75,877	90,191	156,571	178,599
Operating income	43,872	20,928	67,316	45,141
Operating Segments \| Broadband
External revenue
Total revenue	50,133	48,551	99,919	95,432
Operating expenses
Selling, general and administrative	9,260	7,524	18,759	15,093
Depreciation and amortization	11,245	10,002	22,116	19,993
Total operating expenses	41,366	36,671	81,122	73,503
Operating income	8,767	11,880	18,797	21,929
Operating Segments \| Tower
External revenue
Total revenue	4,259	3,021	7,989	6,054
Operating expenses
Selling, general and administrative	238	274	764	557
Depreciation and amortization	477	756	947	1,436
Total operating expenses	2,030	1,925	3,965	3,834
Operating income	2,229	1,096	4,024	2,220
Intersegment Eliminations
External revenue
Total revenue	(4,615)	(3,777)	(9,081)	(7,469)
Intersegment Eliminations \| Wireless
External revenue
Total revenue	0	0	0	0
Intersegment Eliminations \| Broadband
External revenue
Total revenue	2,185	2,507	4,718	4,929
Intersegment Eliminations \| Tower
External revenue
Total revenue	2,430	1,270	4,363	2,540
Corporate, Non-Segment
Operating expenses
Selling, general and administrative	12,113	9,054	23,651	18,845
Depreciation and amortization	(310)	132	(39)	270
Total operating expenses	7,251	6,107	15,004	13,014
Operating income	(11,866)	(9,884)	(24,085)	(20,483)
Postpaid
External revenue
Total revenue	73,269	75,997	148,197	152,179
Postpaid \| Operating Segments \| Wireless
External revenue
Total revenue	73,269	75,997	148,197	152,179
Postpaid \| Operating Segments \| Broadband
External revenue
Total revenue	0	0	0	0
Postpaid \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Prepaid
External revenue
Total revenue	12,432	13,603	25,541	26,733
Prepaid \| Operating Segments \| Wireless
External revenue
Total revenue	12,432	13,603	25,541	26,733
Prepaid \| Operating Segments \| Broadband
External revenue
Total revenue	0	0	0	0
Prepaid \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Tower lease
External revenue
Total revenue	1,829	1,751	3,626	3,514
Tower lease \| Operating Segments \| Wireless
External revenue
Total revenue	0	0	0	0
Tower lease \| Operating Segments \| Broadband
External revenue
Total revenue	0	0	0	0
Tower lease \| Operating Segments \| Tower
External revenue
Total revenue	1,829	1,751	3,626	3,514
Cable, residential and SMB
External revenue
Total revenue	35,829	33,581	70,772	66,007
Cable, residential and SMB \| Operating Segments \| Wireless
External revenue
Total revenue	0	0	0	0
Cable, residential and SMB \| Operating Segments \| Broadband
External revenue
Total revenue	35,829	33,581	70,772	66,007
Cable, residential and SMB \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Fiber, enterprise and wholesale
External revenue
Total revenue	5,663	4,921	11,151	9,749
Fiber, enterprise and wholesale \| Operating Segments \| Wireless
External revenue
Total revenue	0	0	0	0
Fiber, enterprise and wholesale \| Operating Segments \| Broadband
External revenue
Total revenue	5,663	4,921	11,151	9,749
Fiber, enterprise and wholesale \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Rural local exchange carrier
External revenue
Total revenue	4,602	5,581	9,358	10,819
Rural local exchange carrier \| Operating Segments \| Wireless
External revenue
Total revenue	0	0	0	0
Rural local exchange carrier \| Operating Segments \| Broadband
External revenue
Total revenue	4,602	5,581	9,358	10,819
Rural local exchange carrier \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Travel, installation, and other
External revenue
Total revenue	26,096	6,625	31,263	16,289
Travel, installation, and other \| Operating Segments \| Wireless
External revenue
Total revenue	24,438	4,971	27,789	12,989
Travel, installation, and other \| Operating Segments \| Broadband
External revenue
Total revenue	1,658	1,654	3,474	3,300
Travel, installation, and other \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Service revenue and other
External revenue
Total revenue	159,720	142,059	299,908	285,290
Service revenue and other \| Operating Segments \| Wireless
External revenue
Total revenue	110,139	94,571	201,527	191,901
Service revenue and other \| Operating Segments \| Broadband
External revenue
Total revenue	47,752	45,737	94,755	89,875
Service revenue and other \| Operating Segments \| Tower
External revenue
Total revenue	1,829	1,751	3,626	3,514
Equipment
External revenue
Total revenue	9,806	16,855	22,806	32,467
Equipment \| Operating Segments \| Wireless
External revenue
Total revenue	9,610	16,548	22,360	31,839
Equipment \| Operating Segments \| Broadband
External revenue
Total revenue	196	307	446	628
Equipment \| Operating Segments \| Tower
External revenue
Total revenue	0	0	0	0
Cost of services
Operating expenses
Cost of services and cost of goods sold	50,640	49,497	100,205	99,015
Cost of services \| Operating Segments \| Wireless
Operating expenses
Cost of services and cost of goods sold	33,237	32,668	66,676	65,200
Cost of services \| Operating Segments \| Broadband
Operating expenses
Cost of services and cost of goods sold	20,640	19,014	39,883	38,075
Cost of services \| Operating Segments \| Tower
Operating expenses
Cost of services and cost of goods sold	1,315	895	2,254	1,841
Cost of services \| Corporate, Non-Segment
Operating expenses
Cost of services and cost of goods sold	(4,552)	(3,080)	(8,608)	(6,101)
Cost of goods sold
Operating expenses
Cost of services and cost of goods sold	9,658	15,874	22,329	30,511
Cost of goods sold \| Operating Segments \| Wireless
Operating expenses
Cost of services and cost of goods sold	9,437	15,742	21,965	30,169
Cost of goods sold \| Operating Segments \| Broadband
Operating expenses
Cost of services and cost of goods sold	221	131	364	342
Cost of goods sold \| Operating Segments \| Tower
Operating expenses
Cost of services and cost of goods sold	0	0	0	0
Cost of goods sold \| Corporate, Non-Segment
Operating expenses
Cost of services and cost of goods sold	$ 0	$ 1	$ 0	$ 0

Segment Reporting - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reconciliation of income from continuing operations from segments to consolidated [Abstract]
Total consolidated operating income	$ 43,002	$ 24,020	$ 66,052	$ 48,807
Interest expense	(5,044)	(7,522)	(11,255)	(15,476)
Other	1,573	1,176	2,306	2,463
Income before income taxes	$ 39,531	$ 17,674	$ 57,103	$ 35,794