Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.7.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net revenue $ 570,372 $ 563,356 $ 539,449
Operating expenses:      
Cost of services 115,236 110,246 93,600
Selling, general, and administrative, including stock-based compensation 114,152 106,287 87,943
Radio conversion costs 18,422 14,369 1,113
Amortization of subscriber accounts, dealer network and other intangible assets 246,753 258,668 253,403
Depreciation 8,160 10,066 9,019
Restructuring charges 0 0 952
Gain on disposal of operating assets, net 0 (5) (71)
Total operating expenses 502,723 499,631 445,959
Operating income (loss) 67,649 63,725 93,490
Other expense, net:      
Interest expense 127,308 125,415 119,607
Refinancing expense 9,500 4,468 0
Total other expense 136,808 129,883 119,607
Loss before income taxes (69,159) (66,158) (26,117)
Income tax expense 7,148 6,290 3,600
Net loss (76,307) (72,448) (29,717)
Other comprehensive income (loss):      
Unrealized gain (loss) on derivative contracts, net 4,589 (8,741) (4,879)
Total other comprehensive income (loss), net of tax 4,589 (8,741) (4,879)
Comprehensive loss $ (71,718) $ (81,189) $ (34,596)