10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN TOWER CORP /MA/

Ticker: AMT   Fiscal Year: 2015

CONSOLIDATED STATEMENTS OF OPERATIONS

Period Ending Dec 31, 2015 10-K (Filed: Feb 26, 2016)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2015Dec 31, 2014Dec 31, 2013
REVENUES:
Property
$
4,680,388
4,006,8543,287,090
Services91,12893,19474,317
Total operating revenues4,771,5164,100,0483,361,407
 
OPERATING EXPENSES:
Property (including stock-based compensation expense of $1,614, $1,397 and $977, respectively)1,275,4361,056,177828,742
Services (including stock-based compensation expense of $439, $440 and $567, respectively)33,43238,08831,131
Depreciation, amortization and accretion1,285,3281,003,802800,145
Selling, general, administrative and development expense (including stock-based compensation expense of $88,484, $78,316 and $66,594, respectively)497,835446,542415,545
Other operating expenses66,69668,51771,539
Total operating expenses3,158,7272,613,1262,147,102
 
OPERATING INCOME1,612,7891,486,9221,214,305
 
OTHER INCOME (EXPENSE):
Loss on retirement of long-term obligations(79,606)(3,473)(38,701)
Other expense (including unrealized foreign currency losses of $71,473, $49,319 and $211,722, respectively)(134,960)(62,060)(207,500)
Total other expense(782,827)(621,218)(672,556)
 
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES829,962865,704541,749
 
Income tax provision(157,955)(62,505)(59,541)
NET INCOME672,007803,199482,208
 
Net loss attributable to noncontrolling interest13,06721,71169,125
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS685,074824,910551,333
 
Dividends on preferred stock(90,163)(23,888)0
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS594,911801,022551,333
 
NET INCOME PER COMMON SHARE AMOUNTS:
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share)1.422.021.40
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share)1.412.001.38
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
BASIC (in shares)418,907395,958395,040
DILUTED (in shares)423,015400,086399,146
Legal Entity
TV Azteca
Interest income, TV Azteca, net of interest expense of $820, $1,482 and $1,483, respectively11,20910,54722,235
Interest expense(820)(1,482)(1,483)
Excluding TV Azteca
Interest income16,47914,0029,706
Interest expense(595,949)(580,234)(458,296)
External Links 
AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2015
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