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: 2017 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 28, 2018) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| REVENUES: | |||
| Property | $ 6,565,900 | 5,713,100 | 4,680,400 |
| Services | 98,000 | 72,600 | 91,100 |
| Total operating revenues | 6,663,900 | 5,785,700 | 4,771,500 |
| OPERATING EXPENSES: | |||
| Property (including stock-based compensation expense of $2.1, $1.7 and $1.6, respectively) | 2,022,000 | 1,762,700 | 1,275,400 |
| Services (including stock-based compensation expense of $0.8, $0.7 and $0.4, respectively) | 34,600 | 27,700 | 33,400 |
| Depreciation, amortization and accretion | 1,715,900 | 1,525,600 | 1,285,300 |
| Selling, general, administrative and development expense (including stock-based compensation expense of $105.6, $87.5 and $88.5, respectively) | 637,000 | 543,400 | 497,800 |
| Other operating expenses | 256,000 | 73,300 | 66,800 |
| Total operating expenses | 4,665,500 | 3,932,700 | 3,158,700 |
| OPERATING INCOME | 1,998,400 | 1,853,000 | 1,612,800 |
| OTHER INCOME (EXPENSE): | |||
| (Loss) gain on retirement of long-term obligations | (70,200) | 1,200 | (79,600) |
| Other income (expense) (including unrealized foreign currency gains (losses) of $26.5, ($23.4), and ($71.5), respectively) | 31,300 | (47,700) | (135,000) |
| Total other expense | (742,300) | (727,100) | (782,800) |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 1,256,100 | 1,125,900 | 830,000 |
| Income tax provision | (30,700) | (155,500) | (158,000) |
| NET INCOME | 1,225,400 | 970,400 | 672,000 |
| Net loss (income) attributable to noncontrolling interests | 13,500 | (14,000) | 13,100 |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS | 1,238,900 | 956,400 | 685,100 |
| Dividends on preferred stock | (87,400) | (107,100) | (90,200) |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS | 1,151,500 | 849,300 | 594,900 |
| NET INCOME PER COMMON SHARE AMOUNTS: | |||
| Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) | 2.69 | 2.00 | 1.42 |
| Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) | 2.67 | 1.98 | 1.41 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC (in shares) | 428,181 | 425,143 | 418,907 |
| DILUTED (in shares) | 431,688 | 429,283 | 423,015 |
| Legal Entity | |||
| TV Azteca | |||
| Interest income, TV Azteca, net of interest expense of $1.2, $1.2 and $0.8, respectively | 10,800 | 10,900 | 11,200 |
| Interest expense | (1,200) | (1,200) | (800) |
| Excluding TV Azteca | |||
| Interest income | 35,400 | 25,600 | 16,500 |
| Interest expense | (749,600) | (717,100) | (595,900) |
| External Links | |
| AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2017 | |
| 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 |