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: 2018 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 27, 2019) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| REVENUES: | |||
| Property | $ 7,314,700 | 6,565,900 | 5,713,100 |
| Total operating revenues | 7,440,100 | 6,663,900 | 5,785,700 |
| OPERATING EXPENSES: | |||
| Property (including stock-based compensation expense of $2.4, $2.1 and $1.7, respectively) | 2,128,700 | 2,022,000 | 1,762,700 |
| Depreciation, amortization and accretion | 2,110,800 | 1,715,900 | 1,525,600 |
| Selling, general, administrative and development expense (including stock-based compensation expense of $134.2, $105.6, and $87.5, respectively) | 733,200 | 637,000 | 543,400 |
| Other operating expenses | 513,300 | 256,000 | 73,300 |
| Total operating expenses | 5,535,100 | 4,665,500 | 3,932,700 |
| OPERATING INCOME | 1,905,000 | 1,998,400 | 1,853,000 |
| OTHER INCOME (EXPENSE): | |||
| (Loss) gain on retirement of long-term obligations | (3,300) | (70,200) | 1,200 |
| Other income (expense) (including foreign currency (losses) gains of ($4.5), $26.4, and ($48.9), respectively) | 23,800 | 31,300 | (47,700) |
| Total other expense | (750,400) | (742,300) | (727,100) |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 1,154,600 | 1,256,100 | 1,125,900 |
| Income tax benefit (provision) | 110,100 | (30,700) | (155,500) |
| NET INCOME | 1,264,700 | 1,225,400 | 970,400 |
| Net (income) loss attributable to noncontrolling interests | (28,300) | 13,500 | (14,000) |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS | 1,236,400 | 1,238,900 | 956,400 |
| Dividends on preferred stock | (9,400) | (87,400) | (107,100) |
| NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS | 1,227,000 | 1,151,500 | 849,300 |
| NET INCOME PER COMMON SHARE AMOUNTS: | |||
| Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) | 2.79 | 2.69 | 2.00 |
| Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) | 2.77 | 2.67 | 1.98 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC (in shares) | 439,606 | 428,181 | 425,143 |
| DILUTED (in shares) | 442,960 | 431,688 | 429,283 |
| Legal Entity | |||
| TV Azteca | |||
| Interest (expense) income, TV Azteca, each net of interest expense of $1.2 | (100) | 10,800 | 10,900 |
| Interest expense | (1,200) | (1,200) | (1,200) |
| Excluding TV Azteca | |||
| Interest income | 54,700 | 35,400 | 25,600 |
| Interest expense | (825,500) | (749,600) | (717,100) |
| Product and Service | |||
| Services | |||
| Services | 125,400 | 98,000 | 72,600 |
| Services (including stock-based compensation expense of $0.9, $0.8 and $0.7, respectively) | 49,100 | 34,600 | 27,700 |
| External Links | |
| AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2018 | |
| 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 |