Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.5.0.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net revenue $ 142,765 $ 141,846 $ 429,689 $ 421,805
Operating expenses:        
Cost of services 29,049 28,245 86,161 81,015
Selling, general, and administrative, including stock-based compensation 29,727 27,937 87,543 77,058
Radio conversion costs 1,263 3,570 17,938 4,543
Amortization of subscriber accounts, dealer network and other intangible assets 62,156 66,958 185,415 193,625
Depreciation 2,084 2,717 6,084 7,498
Gain on disposal of operating assets 0 (1) 0 (4)
Total operating expenses 124,279 129,426 383,141 363,735
Operating income 18,486 12,420 46,548 58,070
Other expense:        
Interest expense 30,211 31,853 91,459 93,384
Refinancing expense 9,348 0 9,348 4,468
Total other expense 39,559 31,853 100,807 97,852
Loss before income taxes (21,073) (19,433) (54,259) (39,782)
Income tax expense 1,929 1,981 5,462 5,953
Net loss (23,002) (21,414) (59,721) (45,735)
Other comprehensive loss:        
Unrealized loss on derivative contracts, net of tax (2,459) (8,946) (19,001) (12,407)
Total other comprehensive loss, net of tax (2,459) (8,946) (19,001) (12,407)
Comprehensive loss $ (25,461) $ (30,360) $ (78,722) $ (58,142)