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: 2014 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| REVENUES: | |||
| Rental and management | $ 4,006,854 | 3,287,090 | 2,803,490 |
| Network development services | 93,194 | 74,317 | 72,470 |
| Total operating revenues | 4,100,048 | 3,361,407 | 2,875,960 |
| OPERATING EXPENSES: | |||
| Rental and management (including stock-based compensation expense of $1,397, $977 and $793, respectively) | 1,056,177 | 828,742 | 686,681 |
| Network development services (including stock-based compensation expense of $440, $567 and $968, respectively) | 38,088 | 31,131 | 35,798 |
| Depreciation, amortization and accretion | 1,003,802 | 800,145 | 644,276 |
| Selling, general, administrative and development expense (including stock-based compensation expense of $78,316, $66,594 and $50,222, respectively) | 446,542 | 415,545 | 327,301 |
| Other operating expenses | 68,517 | 71,539 | 62,185 |
| Total operating expenses | 2,613,126 | 2,147,102 | 1,756,241 |
| OPERATING INCOME | 1,486,922 | 1,214,305 | 1,119,719 |
| OTHER INCOME (EXPENSE): | |||
| Interest income | 14,002 | 9,706 | 7,680 |
| Interest expense | (580,234) | (458,296) | (401,665) |
| Loss on retirement of long-term obligations | (3,473) | (38,701) | (398) |
| Other expense (including unrealized foreign currency losses of $49,319, $211,722 and $34,330, respectively) | (62,060) | (207,500) | (38,300) |
| Total other expense | (621,218) | (672,556) | (418,425) |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND INCOME ON EQUITY METHOD INVESTMENTS | 865,704 | 541,749 | 701,294 |
| Income tax provision | (62,505) | (59,541) | (107,304) |
| Income on equity method investments | 0 | 0 | 35 |
| NET INCOME | 803,199 | 482,208 | 594,025 |
| Net loss attributable to noncontrolling interest | 21,711 | 69,125 | 43,258 |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS | 824,910 | 551,333 | 637,283 |
| Dividends declared on preferred stock | (23,888) | 0 | 0 |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS | 801,022 | 551,333 | 637,283 |
| NET INCOME PER COMMON SHARE AMOUNTS: | |||
| Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) | 2.02 | 1.40 | 1.61 |
| Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) | 2.00 | 1.38 | 1.60 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC (in shares) | 395,958 | 395,040 | 394,772 |
| DILUTED (in shares) | 400,086 | 399,146 | 399,287 |
| Legal Entity | |||
| TV Azteca | |||
| Interest income, TV Azteca, net of interest expense of $1,482, $1,483 and $1,485, respectively | 10,547 | 22,235 | 14,258 |
| Interest expense | (1,482) | (1,483) | (1,485) |
| External Links | |
| AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2014 | |
| 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 |