|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Operating revenues |
|
|
|
| Service and other revenues |
$ 3,447,167 |
$ 4,517,154 |
$ 5,424,766 |
| Digital handset and accessory revenues |
241,553 |
194,413 |
268,469 |
| Total operating revenues |
3,688,720 |
4,711,567 |
5,693,235 |
| Operating expenses |
|
|
|
| Cost of service (exclusive of depreciation and amortization included below) |
1,308,835 |
1,392,140 |
1,509,543 |
| Cost of digital handsets and accessories |
973,491 |
884,789 |
792,466 |
| Selling, general and administrative |
1,699,058 |
1,941,773 |
2,261,922 |
| Provision for doubtful accounts |
114,784 |
111,460 |
214,454 |
| Restructuring, Settlement and Impairment Provisions |
220,742 |
168,543 |
30,401 |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges |
(74,631) |
0 |
0 |
| Depreciation |
592,056 |
629,606 |
558,224 |
| Amortization |
80,649 |
63,321 |
46,937 |
| Total operating expenses |
4,800,200 |
5,080,172 |
5,199,493 |
| Operating (loss) income |
(1,111,480) |
(368,605) |
493,742 |
| Other expense |
|
|
|
| Interest expense, net |
(449,345) |
(526,530) |
(359,795) |
| Interest income |
66,425 |
43,327 |
33,785 |
| Foreign currency transaction losses, net |
(130,499) |
(123,369) |
(63,330) |
| Other expense, net |
(6,721) |
(12,859) |
(28,097) |
| Total other expense |
(520,140) |
(619,431) |
(417,437) |
| (Loss) income from continuing operations before reorganization items and income tax provision |
(1,631,620) |
(988,036) |
76,305 |
| Reorganization Items |
(71,601) |
0 |
0 |
| Income tax provision (Note 13) |
(74,091) |
(446,052) |
(158,144) |
| Net loss from continuing operations |
(1,777,312) |
(1,434,088) |
(81,839) |
| Loss from discontinued operations, net of income taxes (Note 5) |
(180,386) |
(215,511) |
(683,410) |
| Net loss |
(1,957,698) |
(1,649,599) |
(765,249) |
| Net loss from continuing operations per common share, basic and diluted |
$ (10.31) |
$ (8.34) |
$ (0.48) |
| Net loss from discontinued operations per common share, basic and diluted |
$ (1.05) |
$ (1.26) |
$ (3.98) |
| Net loss per common share, basic and diluted |
$ (11.36) |
$ (9.60) |
$ (4.46) |
| Weighted average number of common shares outstanding, basic and diluted |
172,283 |
171,912 |
171,499 |
| Comprehensive loss, net of income taxes |
|
|
|
| Foreign currency translation adjustment |
(340,847) |
(334,893) |
(97,589) |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax |
(33,885) |
0 |
0 |
| Other |
(544) |
2,257 |
(1,802) |
| Other comprehensive loss |
(375,276) |
(332,636) |
(99,391) |
| Net loss |
(1,957,698) |
(1,649,599) |
(765,249) |
| Total comprehensive loss |
$ (2,332,974) |
$ (1,982,235) |
$ (864,640) |