10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN TOWER CORP /MA/ | |||
Ticker: AMT Fiscal Year: 2011 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 29, 2012) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| REVENUES: | |||
| Rental and management | $ 2,386,185 | 1,936,373 | 1,668,420 |
| Network development services | 57,347 | 48,962 | 55,694 |
| Total operating revenues | 2,443,532 | 1,985,335 | 1,724,114 |
| OPERATING EXPENSES: | |||
| Rental and management (including stock-based compensation expense of $1,105, $0, and $0, respectively) | 590,272 | 447,629 | 383,990 |
| Network development services (including stock-based compensation expense of $1,224, $0, and $0, respectively) | 30,684 | 26,957 | 32,385 |
| Depreciation, amortization and accretion | 555,517 | 460,726 | 414,619 |
| Selling, general, administrative and development expense (including stock-based compensation expense of $45,108, $52,555, and $60,670, respectively) | 288,824 | 229,769 | 201,694 |
| Other operating expenses | 58,103 | 35,876 | 19,168 |
| Total operating expenses | 1,523,400 | 1,200,957 | 1,051,856 |
| OPERATING INCOME | 920,132 | 784,378 | 672,258 |
| OTHER INCOME (EXPENSE): | |||
| Interest income, TV Azteca, net of interest expense of $1,474, $1,487, and $1,488, restpectively | 14,214 | 14,212 | 14,210 |
| Interest income | 7,378 | 5,024 | 1,722 |
| Interest expense | 311,854 | 246,018 | 249,803 |
| Loss on retirement of long-term obligations | 0 | (1,886) | (18,194) |
| Other income | (122,975) | 315 | 1,294 |
| Total other expense | (413,237) | (228,353) | (250,771) |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND INCOME ON EQUITY METHOD INVESTMENTS | 506,895 | 556,025 | 421,487 |
| Income tax provision | (125,080) | (182,489) | (182,565) |
| Income on equity method investments | 25 | 40 | 26 |
| INCOME FROM CONTINUING OPERATIONS | 381,840 | 373,576 | 238,948 |
| INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX PROVISION OF $0, $19, AND $3,140, RESPECTIVELY | 0 | 30 | 8,179 |
| NET INCOME | 381,840 | 373,606 | 247,127 |
| Net income attributable to noncontrolling interest | 14,622 | (670) | (532) |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION | 396,462 | 372,936 | 246,595 |
| Earnings Per Common Share | |||
| BASIC: | |||
| Income from continuing operations attributable to American Tower Corporation | 1.00 | 0.93 | 0.60 |
| Income from discontinued operations attributable to American Tower Corporation | 0.00 | 0.00 | 0.02 |
| Net income attributable to American Tower Corporation | 1.00 | 0.93 | 0.62 |
| DILUTED: | |||
| Income from continuing operations attributable to American Tower Corporation | 0.99 | 0.92 | 0.59 |
| Income from discontinued operations attributable to American Tower Corporation | 0.00 | 0.00 | 0.02 |
| Net income attributable to American Tower Corporation | 0.99 | 0.92 | 0.61 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC | 395,711 | 401,152 | 398,375 |
| DILUTED | 400,195 | 404,072 | 406,948 |
| External Links | |
| AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |