Altice USA, Inc(NYSE:ATUS)

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to approximately 5 million residential and business customers. The comp...
Website: http://www.alticeusa.com
Founded: 2015
Full Time Employees: 10,700
Sector: Communication Services
Industry: Telecom Services
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2018-01-05 | 2017-09-30 | 2017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 2,065,368,000 | 2,182,872,000 | 2,108,110,000 | 2,147,203,000 | 2,152,282,000 | 2,235,027,000 | 2,227,700,000 | 2,240,755,000 | 2,250,935,000 | 2,301,612,000 | 2,317,200,000 | 2,324,274,000 | 2,293,978,000 | 2,369,196,000 | 2,393,552,000 | 2,463,014,000 | 2,421,897,000 | 2,521,138,000 | 2,574,882,000 | 2,516,008,000 | 2,478,821,000 | 2,535,421,000 | 2,433,986,000 | 2,474,979,000 | 2,450,256,000 | 2,474,549,000 | 2,438,662,000 | 2,451,081,000 | 2,396,567,000 | 2,454,940,000 | 2,417,801,000 | 2,364,153,000 | 2,329,714,000 | 2,365,378,000 | 2,327,175,000 | 2,328,341,000 |
yoy | -4.04% | -2.33% | -5.37% | -4.18% | -4.38% | -2.89% | -3.86% | -3.59% | -1.88% | -2.85% | -3.19% | -5.63% | -5.28% | -6.03% | -7.04% | -2.11% | -2.30% | -0.56% | 5.79% | 1.66% | 1.17% | 2.46% | -0.19% | 0.97% | 2.24% | 0.80% | 0.86% | 3.68% | 2.87% | 3.79% | 3.89% | 1.54% | ||||
qoq | -5.38% | 3.55% | -1.82% | -0.24% | -3.70% | 0.33% | -0.58% | -0.45% | -2.20% | -0.67% | -0.30% | 1.32% | -3.17% | -1.02% | -2.82% | 1.70% | -3.94% | -2.09% | 2.34% | 1.50% | -2.23% | 4.17% | -1.66% | 1.01% | -0.98% | 1.47% | -0.51% | 2.27% | -2.38% | 1.54% | 2.27% | 1.48% | -1.51% | 1.64% | -0.05% | |
operating expenses: | ||||||||||||||||||||||||||||||||||||
programming and other direct costs | 631,129,000 | 664,948,000 | 639,012,000 | 662,690,000 | 670,531,000 | 721,893,000 | 711,330,000 | 719,460,000 | 743,887,000 | 745,305,000 | 750,538,000 | 762,280,000 | 771,719,000 | 775,713,000 | 782,121,000 | 819,011,000 | 828,793,000 | 836,484,000 | 843,909,000 | 849,872,000 | 851,864,000 | 831,119,000 | 783,934,000 | 860,875,000 | 864,514,000 | 847,653,000 | 820,896,000 | 818,994,000 | 812,985,000 | 800,055,000 | 790,533,000 | 795,127,000 | 787,361,000 | 763,508,000 | 755,101,000 | 758,694,000 |
other operating expenses | 660,203,000 | 636,233,000 | 650,454,000 | 696,867,000 | 698,186,000 | 692,472,000 | 674,564,000 | 670,542,000 | 674,250,000 | 671,607,000 | 667,278,000 | 656,128,000 | 651,245,000 | 725,709,000 | 694,390,000 | 673,464,000 | 641,906,000 | 619,633,000 | 590,519,000 | 589,180,000 | 580,433,000 | 581,435,000 | 558,092,000 | 542,637,000 | 582,309,000 | 598,274,000 | 568,233,000 | 569,459,000 | 564,432,000 | 562,424,000 | 569,070,000 | 575,749,000 | 583,023,000 | 575,031,000 | 560,497,000 | 593,690,000 |
restructuring, impairments and other operating items | 2,727,629,000 | 30,562,000 | 1,568,120,000 | 66,826,000 | 21,622,000 | 8,171,000 | 10,871,000 | -46,599,000 | 51,253,000 | |||||||||||||||||||||||||||
depreciation and amortization | 406,496,000 | 453,484,000 | 415,308,000 | 409,697,000 | 418,485,000 | 471,728,000 | 386,342,000 | 395,770,000 | 388,391,000 | 407,014,000 | 402,366,000 | 418,705,000 | 416,212,000 | 446,430,000 | 445,769,000 | 446,125,000 | 435,349,000 | 460,010,000 | 447,958,000 | 444,327,000 | 434,857,000 | 511,754,000 | 502,248,000 | 521,794,000 | 547,569,000 | 567,459,000 | 565,637,000 | 568,620,000 | 561,428,000 | 555,054,000 | 536,053,000 | 648,527,000 | 642,705,000 | 791,699,000 | 823,265,000 | 706,787,000 |
operating expenses: - sum | 4,425,457,000 | 1,785,227,000 | 3,272,894,000 | 1,836,080,000 | 1,808,824,000 | 1,894,264,000 | 1,783,107,000 | 1,739,173,000 | 1,857,781,000 | 1,999,350,000 | 1,824,635,000 | 1,842,291,000 | 1,868,848,000 | 2,068,079,000 | 1,926,287,000 | 1,941,273,000 | 1,909,426,000 | 1,922,345,000 | 1,884,271,000 | 1,889,243,000 | 1,870,363,000 | 1,926,702,000 | 1,884,693,000 | 1,966,272,000 | 2,001,686,000 | |||||||||||
operating income | -2,360,089,000 | 397,645,000 | -1,164,784,000 | 311,123,000 | 343,458,000 | 340,763,000 | 444,593,000 | 501,582,000 | 393,154,000 | 302,262,000 | 492,565,000 | 481,983,000 | 425,130,000 | 301,117,000 | 467,265,000 | 521,741,000 | 512,471,000 | 598,793,000 | 690,611,000 | 626,765,000 | 608,458,000 | 608,719,000 | 549,293,000 | 508,707,000 | 448,570,000 | 427,275,000 | 471,515,000 | 482,543,000 | 442,478,000 | 528,724,000 | 505,558,000 | 335,059,000 | 313,038,000 | 225,504,000 | 134,864,000 | 256,782,000 |
yoy | -787.16% | 16.69% | -361.99% | -37.97% | -12.64% | 12.74% | -9.74% | 4.07% | -7.52% | 0.38% | 5.41% | -7.62% | -17.04% | -49.71% | -32.34% | -16.76% | -15.78% | -1.63% | 25.73% | 23.21% | 35.64% | 42.47% | 16.50% | 5.42% | 1.38% | -19.19% | -6.73% | 44.02% | 41.35% | 134.46% | 274.87% | 30.48% | ||||
qoq | -693.52% | -134.14% | -474.38% | -9.41% | 0.79% | -23.35% | -11.36% | 27.58% | 30.07% | -38.64% | 2.20% | 13.37% | 41.18% | -35.56% | -10.44% | 1.81% | -14.42% | -13.30% | 10.19% | 3.01% | -0.04% | 10.82% | 7.98% | 13.41% | 4.98% | -9.38% | -2.29% | 9.05% | -16.31% | 4.58% | 50.89% | 7.03% | 38.82% | 67.21% | -47.48% | |
operating margin % | -114.27% | 18.22% | -55.25% | 14.49% | 15.96% | 15.25% | 19.96% | 22.38% | 17.47% | 13.13% | 21.26% | 20.74% | 18.53% | 12.71% | 19.52% | 21.18% | 21.16% | 23.75% | 26.82% | 24.91% | 24.55% | 24.01% | 22.57% | 20.55% | 18.31% | 17.27% | 19.33% | 19.69% | 18.46% | 21.54% | 20.91% | 14.17% | 13.44% | 9.53% | 5.80% | 11.03% |
other income: | ||||||||||||||||||||||||||||||||||||
interest expense | -457,819,000 | -459,663,000 | -459,124,000 | -444,659,000 | -428,016,000 | -434,902,000 | -448,168,000 | -442,955,000 | -437,141,000 | -422,917,000 | -420,216,000 | -406,709,000 | -389,278,000 | -377,072,000 | -340,989,000 | -310,213,000 | -303,362,000 | -311,944,000 | -319,033,000 | -319,435,000 | -316,339,000 | -313,681,000 | -322,618,000 | -351,025,000 | -365,211,000 | -378,258,000 | -388,800,000 | -381,218,000 | -388,283,000 | -398,887,000 | -389,594,000 | -390,543,000 | -377,258,000 | -370,402,000 | -379,064,000 | -420,372,000 |
gain on investments and sale of affiliate interests | 5,000 | 378,000 | 292,000 | -240,549,000 | -46,821,000 | 125,019,000 | 73,453,000 | 263,760,000 | 314,177,000 | 197,597,000 | -455,473,000 | -4,718,000 | 120,253,000 | 103,146,000 | 254,725,000 | -68,846,000 | 111,684,000 | -45,113,000 | -248,602,000 | |||||||||||||||||
gain on interest rate swap contracts | 2,398,000 | 755,000 | 1,147,000 | 430,000 | -1,719,000 | 8,412,000 | -45,657,000 | 13,574,000 | 42,303,000 | -46,044,000 | 31,972,000 | 61,165,000 | -14,429,000 | 2,828,000 | 105,945,000 | 39,868,000 | 123,147,000 | 33,135,000 | 5,521,000 | -21,574,000 | 75,653,000 | 2,708,000 | -19,554,000 | -12,929,000 | -31,922,000 | -7,057,000 | 1,051,000 | 9,146,000 | ||||||||
loss on extinguishment of debt and write-off of deferred financing costs | -106,045,000 | -423,250 | -1,693,000 | -51,712,000 | -250,489,000 | -84,207,000 | -503,000 | -1,194,000 | -157,902,000 | -7,188,000 | -36,911,000 | -4,705,000 | -38,858,000 | -561,382,000 | ||||||||||||||||||||||
other expense | -529,000 | -597,000 | -591,000 | -834,000 | -963,000 | |||||||||||||||||||||||||||||||
other income: - sum | -561,995,000 | -481,380,000 | -458,568,000 | -446,756,000 | -430,693,000 | -433,127,000 | -495,320,000 | -430,867,000 | -403,126,000 | -482,959,000 | -389,714,000 | -347,114,000 | -363,588,000 | -350,253,000 | -333,817,000 | -374,311,000 | -227,484,000 | -322,161,000 | -314,636,000 | -364,011,000 | -217,912,000 | -241,749,000 | -518,836,000 | -338,404,000 | -433,073,000 | |||||||||||
income before income taxes | -2,922,084,000 | -83,735,000 | -1,623,352,000 | -135,633,000 | -87,235,000 | -92,364,000 | -50,727,000 | 70,715,000 | -9,972,000 | -180,697,000 | 102,851,000 | 134,869,000 | 61,542,000 | -49,136,000 | 133,448,000 | 147,430,000 | 284,987,000 | 276,632,000 | 375,975,000 | 262,754,000 | 390,546,000 | 366,970,000 | 30,457,000 | 170,303,000 | 15,497,000 | -7,924,000 | 115,267,000 | 127,570,000 | -47,784,000 | 145,478,000 | 129,707,000 | -103,594,000 | -189,652,000 | -168,621,000 | -316,774,000 | -723,858,000 |
income tax benefit | 45,108,000 | 31,900,000 | 1,397,000 | 47,647,000 | 15,964,000 | 46,116,000 | 9,892,000 | -17,035,000 | -41,160,000 | 22,586,000 | 68,330,000 | -95,968,000 | 5,590,000 | 60,703,000 | 2,423,303,000 | 134,688,000 | 249,068,000 | |||||||||||||||||||
net income | -2,876,976,000 | -51,835,000 | -1,621,955,000 | -87,986,000 | -71,271,000 | -46,248,000 | -40,835,000 | 21,702,000 | -12,896,000 | -113,792,000 | 75,515,000 | 86,144,000 | 31,170,000 | -192,413,000 | 97,621,000 | 113,540,000 | 202,141,000 | 260,710,000 | 270,749,000 | 200,934,000 | 278,539,000 | 336,269,000 | -2,729,000 | 111,477,000 | -1,538,000 | 1,331,000 | 77,396,000 | 86,410,000 | -25,198,000 | 213,808,000 | 33,739,000 | -98,004,000 | -128,949,000 | 2,254,682,000 | -182,086,000 | -474,790,000 |
yoy | 3936.67% | 12.08% | 3871.97% | -505.43% | 452.66% | -59.36% | -154.08% | -74.81% | -141.37% | -40.86% | -22.64% | -24.13% | -84.58% | -173.80% | -63.94% | -43.49% | -27.43% | -22.47% | -10021.18% | 80.25% | -18210.47% | 25164.39% | -103.53% | 29.01% | -93.90% | -99.38% | 129.40% | -188.17% | -80.46% | -90.52% | -118.53% | -79.36% | ||||
qoq | 5450.26% | -96.80% | 1743.42% | 23.45% | 54.11% | 13.26% | -288.16% | -268.28% | -88.67% | -250.69% | -12.34% | 176.37% | -116.20% | -297.10% | -14.02% | -43.83% | -22.47% | -3.71% | 34.75% | -27.86% | -17.17% | -12422.06% | -102.45% | -7348.18% | -215.55% | -98.28% | -10.43% | -442.92% | -111.79% | 533.71% | -134.43% | -24.00% | -105.72% | -1338.25% | -61.65% | |
net income margin % | -139.30% | -2.37% | -76.94% | -4.10% | -3.31% | -2.07% | -1.83% | 0.97% | -0.57% | -4.94% | 3.26% | 3.71% | 1.36% | -8.12% | 4.08% | 4.61% | 8.35% | 10.34% | 10.52% | 7.99% | 11.24% | 13.26% | -0.11% | 4.50% | -0.06% | 0.05% | 3.17% | 3.53% | -1.05% | 8.71% | 1.40% | -4.15% | -5.53% | 95.32% | -7.82% | -20.39% |
net income attributable to noncontrolling interests | -7,095,000 | -19,363,000 | -3,944,000 | -8,265,000 | -4,405,000 | -7,868,000 | -2,135,000 | -6,341,000 | -8,297,000 | -4,014,000 | -8,676,000 | -7,844,000 | -5,305,000 | -700,000 | -12,670,000 | -7,366,000 | -5,590,000 | -9,048,000 | -3,896,000 | -5,797,000 | -1,966,000 | -1,002,000 | -157,000 | -722,000 | -1,186,000 | -2,000 | ||||||||||
net loss attributable to optimum communications, inc. stockholders | -2,884,071,000 | |||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||
basic and diluted net loss per share | -6.1 | |||||||||||||||||||||||||||||||||||
basic and diluted weighted-average common shares | 472,420 | 468,676 | 464,862 | 621,414 | 695,528 | 730,088 | 737,069 | 737,069 | 737,069 | 659,145 | ||||||||||||||||||||||||||
cash dividends declared per common share | ||||||||||||||||||||||||||||||||||||
net loss attributable to altice usa, inc. stockholders | -449,456,500 | -1,625,899,000 | -75,676,000 | -858,000 | ||||||||||||||||||||||||||||||||
basic and diluted net loss per share attributable to altice usa, inc. stockholders | -0.963 | -3.47 | -0.16 | |||||||||||||||||||||||||||||||||
net income attributable to altice usa, inc. stockholders | -96,251,000 | -54,116,000 | -42,970,000 | 15,361,000 | -21,193,000 | -117,806,000 | 66,839,000 | 78,300,000 | 25,865,000 | -193,113,000 | 84,951,000 | 106,174,000 | 196,551,000 | 251,662,000 | 266,853,000 | 197,660,000 | 274,136,000 | 330,472,000 | -4,695,000 | 111,264,000 | 329,000 | 77,239,000 | 86,367,000 | -24,999,000 | 213,086,000 | 32,553,000 | -97,855,000 | -128,951,000 | 2,253,832,000 | -182,221,000 | -475,155,000 | |||||
basic net income per share attributable to altice usa, inc. stockholders | -0.21 | |||||||||||||||||||||||||||||||||||
basic weighted-average common shares | 467,782 | 467,744 | 459,888 | 460,626 | 459,995 | 457,369 | 454,723 | 454,730 | 454,688 | 454,686 | 453,244 | 453,239 | 453,230 | 453,229 | 458,311 | 454,049 | 456,955 | 469,233 | 581,057 | 571,031 | 587,587 | 660,384 | 643,797 | 668,031 | 732,963 | 696,055 | ||||||||||
diluted income per share attributable to altice usa, inc. stockholders | -0.21 | |||||||||||||||||||||||||||||||||||
diluted weighted-average common shares | 467,782 | 467,744 | 459,888 | 460,626 | 459,995 | 457,369 | 455,034 | 455,076 | 454,688 | 455,594 | 453,282 | 453,390 | 453,230 | 453,229 | 462,295 | 457,163 | 463,637 | 475,448 | 583,689 | 571,031 | 589,466 | 662,541 | 646,006 | 668,648 | 732,963 | 696,055 | ||||||||||
loss on derivative contracts | ||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt and write-off of deferred financing costs | -5,866,000 | -7,035,000 | 4,393,000 | |||||||||||||||||||||||||||||||||
other income | -1,149,000 | -1,495,000 | -1,486,000 | -1,545,000 | -2,225,000 | -1,470,000 | -1,570,000 | 10,205,000 | 339,000 | 3,245,000 | 2,521,000 | 2,430,000 | 2,229,000 | 2,280,000 | 2,467,000 | 2,859,000 | 2,300,000 | 1,685,000 | 669,000 | 923,000 | 1,117,000 | -226,000 | 212,000 | 80,000 | -11,000 | -186,000 | -629,000 | -11,658,000 | -2,620,000 | -65,000 | 1,121,000 | |||||
income per share: | ||||||||||||||||||||||||||||||||||||
basic income per share | -0.11 | -0.09 | 0.03 | -0.05 | -0.26 | 0.15 | 0.17 | 0.06 | -0.43 | 0.19 | 0.23 | 0.43 | 0.55 | 0.59 | 0.43 | 0.58 | 0.57 | -0.01 | 0.19 | 0.12 | 0.13 | |||||||||||||||
diluted income per share | -0.11 | -0.09 | 0.03 | -0.05 | -0.26 | 0.15 | 0.17 | 0.06 | -0.43 | 0.19 | 0.23 | 0.43 | 0.55 | 0.58 | 0.43 | 0.58 | 0.57 | -0.01 | 0.19 | |||||||||||||||||
income tax expense | -49,013,000 | -2,924,000 | 66,905,000 | -27,336,000 | -48,725,000 | -30,372,000 | -143,277,000 | -35,827,000 | -33,890,000 | -82,846,000 | -15,922,000 | -105,226,000 | -61,820,000 | -112,007,000 | -27,261,750 | -33,186,000 | -58,826,000 | -14,111,250 | -37,871,000 | |||||||||||||||||
restructuring expense and other operating items | 9,825,750 | 4,453,000 | 5,178,000 | 29,672,000 | ||||||||||||||||||||||||||||||||
gain on investments | 48,002,500 | 192,010,000 | 242,268,000 | -425,686,000 | -325,601,000 | -150,773,000 | 67,466,000 | -18,900,000 | 57,130,000 | |||||||||||||||||||||||||||
gain on derivative contracts | -166,489,000 | -218,041,000 | 323,668,000 | 219,114,000 | 101,074,000 | 194,931,000 | 43,385,000 | -98,840,000 | -53,565,000 | -204,467,000 | -261,597,000 | -152,061,000 | 439,861,000 | 21,273,000 | -77,333,000 | -49,624,000 | -177,029,000 | 87,965,000 | -79,628,000 | 42,159,000 | 168,352,000 | -38,567,500 | -16,763,000 | |||||||||||||
restructuring and other expense | 2,514,500 | 4,007,000 | 2,673,000 | 3,378,000 | 6,218,000 | 1,885,000 | 5,864,000 | 3,209,000 | 2,394,000 | 40,419,000 | 40,966,000 | 7,294,000 | ||||||||||||||||||||||||
interest income | 37,000 | 32,000 | 64,000 | 27,000 | 220,000 | 164,000 | 151,000 | 1,659,000 | 1,761,000 | 1,524,000 | 605,000 | 1,819,000 | 1,013,000 | 1,427,000 | 5,313,000 | 3,103,000 | 548,000 | 961,000 | 180,000 | |||||||||||||||||
net loss attributable to noncontrolling interests | -3,274,000 | -4,403,000 | -213,000 | 680,000 | ||||||||||||||||||||||||||||||||
loss on interest rate swap contracts | 10,119,000 | -158,000 | -33,735,000 | -54,832,000 | -15,433,750 | -11,163,000 | -26,900,000 | -23,672,000 | ||||||||||||||||||||||||||||
loss per share: | ||||||||||||||||||||||||||||||||||||
basic and diluted loss per share | ||||||||||||||||||||||||||||||||||||
restructuring and other income | 33,888,000 | 12,381,000 | 11,465,000 | 15,244,000 | 8,683,000 | 16,587,000 | 9,691,000 | 3,587,000 | 9,636,000 | 53,448,000 | 12,388,000 | |||||||||||||||||||||||||
diluted income per share: | 0.053 | 0.12 | 0.13 | |||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests | -43,000 | 199,000 | 149,000 | -850,000 | -135,000 | -365,000 | ||||||||||||||||||||||||||||||
basic and diluted loss per share: | -0.04 | |||||||||||||||||||||||||||||||||||
basic income per share attributable to altice usa, inc. stockholders: | ||||||||||||||||||||||||||||||||||||
diluted income per share attributable to altice usa, inc. stockholders: | ||||||||||||||||||||||||||||||||||||
basic and diluted net income per share | -0.13 | -0.17 | -0.27 | -0.25 | -0.72 | |||||||||||||||||||||||||||||||
loss on equity derivative contracts | -66,463,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||
cash and cash equivalents | 256,534,000 | 256,534,000 | 256,534,000 | 256,534,000 | 302,058,000 | 302,058,000 | 302,058,000 | 302,058,000 | 305,484,000 | 305,484,000 | 305,484,000 | 305,484,000 | 195,711,000 | 195,711,000 | 195,711,000 | 195,711,000 | 278,422,000 | 119,055,000 | 1,952,142,000 | 244,491,000 | 701,898,000 | 175,091,000 | 138,715,000 | 123,007,000 | 298,781,000 | 1,427,651,000 | 273,329,000 | 550,131,000 | 329,848,000 |
restricted cash | 290,000 | 290,000 | 290,000 | 290,000 | 280,000 | 280,000 | 280,000 | 280,000 | 267,000 | 267,000 | 267,000 | 267,000 | 264,000 | 264,000 | 264,000 | 264,000 | 264,000 | 865,270,000 | 264,000 | 264,000 | 262,000 | 261,000 | 260,000 | 258,000 | 257,000 | 253,000 | 45,205,000 | 252,000 | |
accounts receivable, trade | 332,271,000 | 332,271,000 | 332,271,000 | 332,271,000 | 357,597,000 | 357,597,000 | 357,597,000 | 357,597,000 | 365,992,000 | 365,992,000 | 365,992,000 | 365,992,000 | 406,952,000 | 406,952,000 | 406,952,000 | 406,952,000 | 442,581,000 | 405,005,000 | 387,739,000 | 441,696,000 | 457,118,000 | 442,710,000 | 420,321,000 | 405,030,000 | 448,399,000 | 330,761,000 | 344,742,000 | 370,765,000 | |
prepaid expenses and other current assets | 141,897,000 | 141,897,000 | 141,897,000 | 141,897,000 | 174,859,000 | 174,859,000 | 174,859,000 | 174,859,000 | 130,684,000 | 130,684,000 | 130,684,000 | 130,684,000 | 186,707,000 | 183,714,000 | 186,707,000 | 186,707,000 | 200,252,000 | 215,973,000 | 209,916,000 | 237,228,000 | 215,304,000 | 195,163,000 | 182,401,000 | 181,726,000 | 136,285,000 | 142,366,000 | 109,652,000 | 130,425,000 | |
total current assets | 730,992,000 | 730,992,000 | 730,992,000 | 730,992,000 | 834,794,000 | 834,794,000 | 834,794,000 | 834,794,000 | 2,568,445,000 | 2,568,445,000 | 2,568,445,000 | 2,568,445,000 | 789,634,000 | 789,634,000 | 789,634,000 | 789,634,000 | 976,566,000 | 1,606,886,000 | 2,553,513,000 | 927,614,000 | 1,381,356,000 | 817,779,000 | 742,919,000 | 711,042,000 | 903,254,000 | 1,931,388,000 | 1,125,461,000 | 903,599,000 | |
property, plant and equipment, net of accumulated depreciation | 8,414,632,000 | 8,414,632,000 | 8,414,632,000 | 8,414,632,000 | 8,117,757,000 | 8,117,757,000 | 8,117,757,000 | 8,117,757,000 | 7,500,780,000 | 7,500,780,000 | 7,500,780,000 | 7,500,780,000 | 6,340,467,000 | 6,340,467,000 | 6,340,467,000 | 6,340,467,000 | 5,805,996,000 | 5,760,704,000 | 5,723,109,000 | 5,781,005,000 | 5,753,401,000 | 5,797,059,000 | 5,814,965,000 | 5,772,026,000 | 5,828,881,000 | 5,819,544,000 | 6,161,511,000 | 6,023,826,000 | |
right-of-use operating lease assets | 248,013,000 | 248,013,000 | 248,013,000 | 248,013,000 | 255,545,000 | 255,545,000 | 255,545,000 | 255,545,000 | 250,601,000 | 250,601,000 | 250,601,000 | 250,601,000 | 222,124,000 | 222,124,000 | 222,124,000 | 222,124,000 | 241,342,000 | 237,497,000 | 270,592,000 | 280,389,000 | 280,340,000 | 282,746,000 | 289,932,000 | 259,223,000 | |||||
other assets | 94,403,000 | 94,403,000 | 94,403,000 | 94,403,000 | 195,114,000 | 195,114,000 | 195,114,000 | 195,114,000 | 259,681,000 | 259,681,000 | 259,681,000 | 259,681,000 | 76,653,000 | 76,653,000 | 76,653,000 | 76,653,000 | 87,429,000 | 89,741,000 | 106,840,000 | 109,812,000 | 92,622,000 | 102,322,000 | 92,518,000 | 75,030,000 | 84,382,000 | 122,786,000 | 49,394,000 | 57,904,000 | |
amortizable intangibles, net of accumulated amortization of 6,190,154 and 5,874,612, respectively | 960,805,000 | ||||||||||||||||||||||||||||
indefinite-lived cable franchise rights | 13,211,308,000 | 13,211,308,000 | 13,211,308,000 | 13,211,308,000 | 13,216,355,000 | ||||||||||||||||||||||||
goodwill | 8,041,217,000 | 8,041,217,000 | 8,041,217,000 | 8,041,217,000 | 8,044,716,000 | 8,044,716,000 | 8,044,716,000 | 8,044,716,000 | 8,208,773,000 | 8,208,773,000 | 8,208,773,000 | 8,208,773,000 | 8,205,863,000 | 8,205,863,000 | 8,205,863,000 | 8,205,863,000 | 8,160,566,000 | 8,160,501,000 | 8,142,309,000 | 8,142,309,000 | 8,142,309,000 | 8,138,511,000 | 8,138,086,000 | 8,012,416,000 | 8,012,416,000 | 8,019,849,000 | 7,996,760,000 | 7,993,499,000 | 8,019,861,000 |
total assets | 31,701,370,000 | 31,701,370,000 | 31,701,370,000 | 31,701,370,000 | 31,923,616,000 | 31,923,616,000 | 31,923,616,000 | 31,923,616,000 | 33,664,966,000 | 33,664,966,000 | 33,664,966,000 | 33,664,966,000 | 33,215,034,000 | 33,215,034,000 | 33,215,034,000 | 33,215,034,000 | 33,376,660,000 | 33,900,012,000 | 34,813,846,000 | 33,396,480,000 | 34,108,122,000 | 33,773,508,000 | 33,779,651,000 | 33,559,373,000 | 33,613,808,000 | 35,279,409,000 | 34,775,225,000 | 35,431,152,000 | 34,812,082,000 |
liabilities and stockholders' deficiency | |||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||
accounts payable | 971,499,000 | 971,499,000 | 971,499,000 | 971,499,000 | 936,950,000 | 936,950,000 | 936,950,000 | 936,950,000 | 1,213,806,000 | 1,213,806,000 | 1,213,806,000 | 1,213,806,000 | 1,023,045,000 | 1,023,045,000 | 1,023,045,000 | 1,023,045,000 | 795,576,000 | 837,506,000 | 832,011,000 | 855,053,000 | 799,618,000 | 878,518,000 | 909,120,000 | 835,481,000 | 857,502,000 | 725,625,000 | 685,026,000 | 795,128,000 | |
interest payable | 406,208,000 | 406,208,000 | 406,208,000 | 406,208,000 | 274,507,000 | 274,507,000 | 274,507,000 | 274,507,000 | 252,351,000 | 252,351,000 | 252,351,000 | 252,351,000 | 244,934,000 | 244,934,000 | 244,934,000 | 244,934,000 | 252,060,000 | 223,965,000 | 381,482,000 | 252,851,000 | 385,655,000 | 278,506,000 | 335,063,000 | 272,018,000 | |||||
accrued employee related costs | 191,990,000 | 191,990,000 | 191,990,000 | 191,990,000 | 182,146,000 | 182,146,000 | 182,146,000 | 182,146,000 | 139,328,000 | 139,328,000 | 139,328,000 | 139,328,000 | 124,941,000 | 124,941,000 | 124,941,000 | 124,941,000 | 142,116,000 | 125,052,000 | 109,334,000 | 104,742,000 | 111,337,000 | 128,914,000 | 133,817,000 | 100,925,000 | |||||
deferred revenue | 74,167,000 | 74,167,000 | 74,167,000 | 74,167,000 | 85,018,000 | 85,018,000 | 85,018,000 | 85,018,000 | 80,559,000 | 80,559,000 | 80,559,000 | 80,559,000 | 94,943,000 | 94,943,000 | 94,943,000 | 94,943,000 | 109,798,000 | 127,501,000 | 117,925,000 | 126,026,000 | 124,777,000 | 108,070,000 | 141,546,000 | 145,019,000 | 140,053,000 | 122,395,000 | 101,577,000 | 111,197,000 | |
debt | 185,473,000 | 185,473,000 | 185,473,000 | 185,473,000 | 359,407,000 | 359,407,000 | 359,407,000 | 359,407,000 | 2,075,077,000 | 2,075,077,000 | 2,075,077,000 | 2,075,077,000 | 917,313,000 | 917,313,000 | 917,313,000 | 917,313,000 | 1,245,713,000 | 226,032,000 | 1,859,290,000 | 179,515,000 | 170,682,000 | 161,701,000 | 660,223,000 | ||||||
other current liabilities | 425,459,000 | 425,459,000 | 425,459,000 | 425,459,000 | 470,096,000 | 470,096,000 | 470,096,000 | 470,096,000 | 278,580,000 | 278,580,000 | 278,580,000 | 278,580,000 | 329,943,000 | 329,943,000 | 329,943,000 | 329,943,000 | 544,302,000 | 416,009,000 | 387,212,000 | 354,882,000 | 378,954,000 | 316,734,000 | 332,692,000 | 318,873,000 | |||||
total current liabilities | 2,254,796,000 | 2,254,796,000 | 2,254,796,000 | 2,254,796,000 | 2,308,124,000 | 2,308,124,000 | 2,308,124,000 | 2,308,124,000 | 4,039,701,000 | 4,039,701,000 | 4,039,701,000 | 4,039,701,000 | 2,735,119,000 | 2,735,119,000 | 2,735,119,000 | 2,735,119,000 | 3,098,103,000 | 1,961,707,000 | 3,692,976,000 | 1,881,580,000 | 1,978,479,000 | 1,879,347,000 | 2,518,940,000 | 1,801,820,000 | 2,021,191,000 | 2,760,457,000 | 3,483,160,000 | 2,520,362,000 | |
other liabilities | 320,435,000 | 320,435,000 | 320,435,000 | 320,435,000 | 221,249,000 | 221,249,000 | 221,249,000 | 221,249,000 | 274,623,000 | 274,623,000 | 274,623,000 | 274,623,000 | 159,082,000 | 159,082,000 | 159,082,000 | 159,082,000 | 161,863,000 | 230,416,000 | 215,781,000 | 220,521,000 | 147,714,000 | 245,885,000 | 238,872,000 | 231,721,000 | 174,760,000 | 131,565,000 | 144,601,000 | 144,289,000 | |
deferred tax liability | 4,455,840,000 | 4,455,840,000 | 4,455,840,000 | 4,455,840,000 | 4,848,460,000 | 4,848,460,000 | 4,848,460,000 | 4,848,460,000 | 5,081,661,000 | 5,081,661,000 | 5,081,661,000 | 5,081,661,000 | 5,048,129,000 | 5,048,129,000 | 5,048,129,000 | 5,048,129,000 | 5,006,167,000 | 4,850,241,000 | 4,833,305,000 | 4,811,850,000 | 4,762,595,000 | 4,797,941,000 | 4,765,958,000 | 4,717,667,000 | 4,723,937,000 | 4,729,578,000 | 7,194,065,000 | 4,769,286,000 | |
right-of-use operating lease liability | 255,116,000 | 255,116,000 | 255,116,000 | 255,116,000 | 264,647,000 | 264,647,000 | 264,647,000 | 264,647,000 | 260,237,000 | 260,237,000 | 260,237,000 | 260,237,000 | 237,226,000 | 237,226,000 | 237,226,000 | 237,226,000 | 257,424,000 | 253,430,000 | 259,297,000 | 267,043,000 | 269,062,000 | 270,564,000 | 277,744,000 | 245,871,000 | |||||
long-term debt | 24,872,015,000 | 24,872,015,000 | 24,872,015,000 | 24,872,015,000 | 24,715,554,000 | 24,715,554,000 | 24,715,554,000 | 24,715,554,000 | 24,512,656,000 | 24,512,656,000 | 24,512,656,000 | 24,512,656,000 | 25,629,447,000 | 25,629,447,000 | 25,629,447,000 | 25,629,447,000 | 25,476,629,000 | 25,476,051,000 | 24,326,397,000 | 24,267,820,000 | 24,249,603,000 | 23,895,580,000 | 22,980,286,000 | 23,137,835,000 | |||||
total liabilities | 32,158,202,000 | 32,158,202,000 | 32,158,202,000 | 32,158,202,000 | 32,358,034,000 | 32,358,034,000 | 32,358,034,000 | 32,358,034,000 | 34,168,878,000 | 34,168,878,000 | 34,168,878,000 | 34,168,878,000 | 34,085,936,000 | 34,085,936,000 | 34,085,936,000 | 34,085,936,000 | 34,554,036,000 | 33,138,659,000 | 33,640,672,000 | 31,740,253,000 | 31,720,309,000 | 31,466,930,000 | 31,070,956,000 | 30,357,968,000 | 29,803,565,000 | 29,647,786,000 | 29,048,095,000 | 31,972,462,000 | 29,076,039,000 |
commitments and contingencies | |||||||||||||||||||||||||||||
stockholders' deficiency: | |||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | |||||||||||||||||||||||||||||
class a common stock: 0.01 par value... | 2,799,000 | 2,799,000 | 2,799,000 | 2,799,000 | 2,718,000 | 2,718,000 | 2,718,000 | 2,718,000 | 2,719,000 | 2,719,000 | 2,719,000 | 2,719,000 | 2,703,000 | 2,703,000 | 2,703,000 | 2,703,000 | 2,972,000 | 3,839,000 | 4,005,000 | 4,261,000 | 4,572,000 | 4,506,000 | 4,681,000 | 4,909,000 | 4,961,000 | 2,470,000 | 2,470,000 | 2,470,000 | |
class b common stock: 0.01 par value... | 1,842,000 | 1,842,000 | 1,842,000 | 1,842,000 | 1,842,000 | 1,842,000 | 1,842,000 | 1,842,000 | 1,843,000 | 1,843,000 | 1,843,000 | 1,843,000 | 1,843,000 | 1,843,000 | 1,843,000 | 1,843,000 | 1,859,000 | 1,860,000 | 1,862,000 | 1,862,000 | 1,862,000 | 1,863,000 | 1,872,000 | 1,888,000 | 2,130,000 | 4,901,000 | 4,901,000 | 4,901,000 | |
class c common stock: 0.01 par value... | |||||||||||||||||||||||||||||
paid-in capital | 233,953,000 | 233,953,000 | 233,953,000 | 233,953,000 | 187,186,000 | 187,186,000 | 187,186,000 | 187,186,000 | 182,701,000 | 182,701,000 | 182,701,000 | 182,701,000 | 18,005,000 | 18,005,000 | 18,005,000 | 18,005,000 | 405,043,000 | 817,796,000 | 1,362,836,000 | 2,039,918,000 | 1,709,685,000 | 2,220,348,000 | 2,777,554,000 | 3,423,803,000 | 4,682,646,000 | 4,642,128,000 | 4,466,040,000 | 4,665,229,000 | |
accumulated deficit | -703,993,000 | -703,993,000 | -703,993,000 | -703,993,000 | -601,075,000 | -601,075,000 | -601,075,000 | -601,075,000 | -654,273,000 | -654,273,000 | -654,273,000 | -654,273,000 | -848,836,000 | -848,836,000 | -848,836,000 | -848,836,000 | -1,401,548,000 | ||||||||||||
treasury stock | -10,000 | -10,000 | -10,000 | -10,000 | -163,866,000 | -163,867,000 | -163,869,000 | -163,893,000 | -163,904,000 | ||||||||||||||||||||
accumulated other comprehensive loss | -3,826,000 | -3,826,000 | -3,826,000 | -3,826,000 | -12,851,000 | -12,851,000 | -12,851,000 | -12,851,000 | -8,201,000 | -8,201,000 | -8,201,000 | -8,806,000 | -12,118,000 | -13,177,000 | -3,250,000 | -25,520,000 | -14,474,000 | -8,212,000 | -11,783,000 | -8,420,000 | -10,022,000 | ||||||||
total altice usa stockholders' deficiency | -469,235,000 | -469,235,000 | -469,235,000 | -469,235,000 | -422,180,000 | -422,180,000 | -422,180,000 | -422,180,000 | -475,211,000 | -475,211,000 | -475,211,000 | -475,211,000 | -819,788,000 | -819,788,000 | -819,788,000 | -819,788,000 | |||||||||||||
noncontrolling interests | 12,403,000 | 12,403,000 | 12,403,000 | 12,403,000 | -12,238,000 | -12,238,000 | -12,238,000 | -12,238,000 | -28,701,000 | -28,701,000 | -28,701,000 | -28,701,000 | -51,114,000 | -51,114,000 | -51,114,000 | -51,114,000 | -62,109,000 | ||||||||||||
total stockholders' deficiency | -456,832,000 | -456,832,000 | -456,832,000 | -456,832,000 | -434,418,000 | -434,418,000 | -434,418,000 | -434,418,000 | -503,912,000 | -503,912,000 | -503,912,000 | -503,912,000 | -870,902,000 | -870,902,000 | -870,902,000 | -870,902,000 | |||||||||||||
total liabilities and stockholders' deficiency | 31,701,370,000 | 31,701,370,000 | 31,701,370,000 | 31,701,370,000 | 31,923,616,000 | 31,923,616,000 | 31,923,616,000 | 31,923,616,000 | 33,664,966,000 | 33,664,966,000 | 33,664,966,000 | 33,664,966,000 | 33,215,034,000 | 33,215,034,000 | 33,215,034,000 | ||||||||||||||
revenue | 8,954,417,000 | 2,227,700,000 | 2,240,755,000 | 2,250,935,000 | 9,237,064,000 | 2,317,200,000 | 2,324,274,000 | 2,293,978,000 | 9,647,659,000 | 2,393,552,000 | 2,463,014,000 | 2,421,897,000 | 2,574,882,000 | 2,516,008,000 | 2,478,821,000 | ||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||
programming and other direct costs | 2,896,570,000 | 711,330,000 | 719,460,000 | 743,887,000 | 3,029,842,000 | 750,538,000 | 762,280,000 | 771,719,000 | 3,205,638,000 | 782,121,000 | 819,011,000 | 828,793,000 | 843,909,000 | 849,872,000 | 851,864,000 | ||||||||||||||
other operating expenses | 2,711,828,000 | 674,564,000 | 670,542,000 | 674,250,000 | 2,646,258,000 | 667,278,000 | 656,128,000 | 651,245,000 | 2,735,469,000 | 694,390,000 | 673,464,000 | 641,906,000 | 590,519,000 | 589,180,000 | 580,433,000 | ||||||||||||||
restructuring, impairments and other operating items | 23,696,000 | 10,871,000 | -46,599,000 | 51,253,000 | 214,727,000 | 4,453,000 | 5,178,000 | 29,672,000 | |||||||||||||||||||||
depreciation and amortization | 1,642,231,000 | 386,342,000 | 395,770,000 | 388,391,000 | 1,644,297,000 | 402,366,000 | 418,705,000 | 416,212,000 | 1,773,673,000 | 445,769,000 | 446,125,000 | 435,349,000 | 447,958,000 | 444,327,000 | 434,857,000 | ||||||||||||||
operating income | 1,680,092,000 | 444,593,000 | 501,582,000 | 393,154,000 | 1,701,940,000 | 492,565,000 | 481,983,000 | 425,130,000 | 1,802,594,000 | 467,265,000 | 521,741,000 | 512,471,000 | 690,611,000 | 626,765,000 | 608,458,000 | ||||||||||||||
other income: | |||||||||||||||||||||||||||||
interest expense | -1,763,166,000 | -448,168,000 | -442,955,000 | -437,141,000 | -1,639,120,000 | -420,216,000 | -406,709,000 | -389,278,000 | -1,331,636,000 | -340,989,000 | -310,213,000 | -303,362,000 | -319,001,000 | -319,371,000 | -316,312,000 | ||||||||||||||
gain on investments and sale of affiliate interests | 670,000 | 292,000 | 180,237,000 | 192,010,000 | |||||||||||||||||||||||||
gain on derivative contracts | -166,489,000 | 425,815,000 | 323,668,000 | 219,114,000 | 101,074,000 | 43,385,000 | -98,840,000 | -53,565,000 | |||||||||||||||||||||
gain on interest rate swap contracts | 18,632,000 | -45,657,000 | 13,574,000 | 42,303,000 | 32,664,000 | 31,972,000 | 61,165,000 | -14,429,000 | 271,788,000 | 105,945,000 | 39,868,000 | 123,147,000 | 5,521,000 | -21,574,000 | 75,653,000 | ||||||||||||||
gain on extinguishment of debt and write-off of deferred financing costs | -12,901,000 | 4,393,000 | 4,393,000 | ||||||||||||||||||||||||||
other income | -5,675,000 | -1,495,000 | -1,486,000 | -1,545,000 | 4,940,000 | -1,470,000 | -1,570,000 | 10,205,000 | 8,535,000 | 3,245,000 | 2,521,000 | 2,430,000 | 2,280,000 | 2,467,000 | 2,859,000 | ||||||||||||||
income before income taxes | -82,348,000 | -50,727,000 | 70,715,000 | -9,972,000 | 118,565,000 | 102,851,000 | 134,869,000 | 61,542,000 | 516,729,000 | 133,448,000 | 147,430,000 | 284,987,000 | 375,975,000 | 262,754,000 | 390,546,000 | ||||||||||||||
income tax benefit | 4,071,000 | 9,892,000 | -49,013,000 | -2,924,000 | -27,336,000 | ||||||||||||||||||||||||
net income | -78,277,000 | -40,835,000 | 21,702,000 | -12,896,000 | 79,037,000 | 75,515,000 | 86,144,000 | 31,170,000 | 220,889,000 | 97,621,000 | 113,540,000 | 202,141,000 | 270,749,000 | 200,934,000 | 278,539,000 | ||||||||||||||
net income attributable to noncontrolling interests | -24,641,000 | -2,135,000 | -6,341,000 | -8,297,000 | -25,839,000 | -8,676,000 | -7,844,000 | -5,305,000 | -26,326,000 | -12,670,000 | -7,366,000 | -5,590,000 | -3,896,000 | -3,274,000 | -4,403,000 | ||||||||||||||
net income attributable to altice usa, inc. stockholders | -102,918,000 | -42,970,000 | 15,361,000 | -21,193,000 | 53,198,000 | 66,839,000 | 78,300,000 | 25,865,000 | 194,563,000 | 84,951,000 | 106,174,000 | 196,551,000 | 266,853,000 | 197,660,000 | 274,136,000 | ||||||||||||||
income per share: | |||||||||||||||||||||||||||||
basic income per share | -220 | 120 | 150 | 170 | 60 | 430 | 190 | 230 | 430 | 590 | 430 | 580 | |||||||||||||||||
basic weighted-average common shares | 459,888,000 | 459,995,000 | 454,723,000 | 454,730,000 | 454,688,000 | 454,686,000 | 453,244,000 | 453,239,000 | 453,230,000 | 453,229,000 | 454,049,000 | 456,955,000 | 469,233,000 | ||||||||||||||||
diluted income per share | -220 | 120 | 150 | 170 | 60 | 430 | 190 | 230 | 430 | 580 | 430 | 580 | |||||||||||||||||
diluted weighted-average common shares | 459,888,000 | 459,995,000 | 455,034,000 | 455,076,000 | 454,688,000 | 455,594,000 | 453,282,000 | 453,390,000 | 453,230,000 | 453,229,000 | 457,163,000 | 463,637,000 | 475,448,000 | ||||||||||||||||
cash dividends declared per common share | |||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 6,399,567 and 6,190,154, respectively | 960,805,000 | ||||||||||||||||||||||||||||
3,272,894 | 1,783,107,000 | ||||||||||||||||||||||||||||
loss on extinguishment of debt and write-off of deferred financing costs | -7,035,000 | -575,000 | -51,712,000 | ||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||
basic and diluted net income per share attributable to altice usa, inc. stockholders | -90 | -50 | |||||||||||||||||||||||||||
basic and diluted weighted-average common shares | 460,626,000 | 457,369,000 | |||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 6,336,543 and 6,190,154, respectively | 960,805,000 | ||||||||||||||||||||||||||||
1,836,080 | 1,739,173,000 | ||||||||||||||||||||||||||||
basic net income per share attributable to altice usa, inc. stockholders | 30 | ||||||||||||||||||||||||||||
diluted income per share attributable to altice usa, inc. stockholders | 30 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 6,264,224 and 6,190,154, respectively | 960,805,000 | ||||||||||||||||||||||||||||
1,808,824 | 1,857,781,000 | ||||||||||||||||||||||||||||
derivative contracts | 263,873,000 | 263,873,000 | 263,873,000 | 263,873,000 | 2,993,000 | 50,785,000 | 27,798,000 | 225,791,000 | 378,373,000 | 1,975,000 | 9,211,000 | 54,578,000 | 52,545,000 | ||||||||||||||||
investment securities pledged as collateral | 1,502,145,000 | 1,502,145,000 | 1,502,145,000 | 1,502,145,000 | 2,161,937,000 | 2,161,937,000 | 2,250,854,000 | 1,987,109,000 | 1,674,395,000 | 1,476,801,000 | 1,931,697,000 | 1,936,422,000 | 1,816,147,000 | 1,717,350,000 | 1,462,626,000 | 1,467,781,000 | 1,720,357,000 | ||||||||||||
amortizable intangibles, net of accumulated amortization of 5,874,612 and 5,549,674, respectively | 1,259,335,000 | ||||||||||||||||||||||||||||
income tax expense | -39,528,000 | -48,725,000 | -30,372,000 | -295,840,000 | -35,827,000 | -33,890,000 | -82,846,000 | -105,226,000 | -61,820,000 | -112,007,000 | |||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 6,114,684 and 5,874,612, respectively | 1,259,335,000 | ||||||||||||||||||||||||||||
indefinite-lived cable television franchises | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,216,355,000 | 13,068,017,000 | 13,068,017,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | 13,020,081,000 | ||||||
1,783,107 | 1,824,635,000 | ||||||||||||||||||||||||||||
loss on derivative contracts | -166,489,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 6,041,420 and 5,874,612, respectively | 1,259,335,000 | ||||||||||||||||||||||||||||
1,739,173 | 1,842,291,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,958,636 and 5,874,612, respectively | 1,259,335,000 | ||||||||||||||||||||||||||||
1,857,781 | 1,868,848,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,549,674 and 5,051,149, respectively | 1,660,331,000 | ||||||||||||||||||||||||||||
liabilities under derivative contracts | 276,933,000 | 276,933,000 | 276,933,000 | 276,933,000 | 523,150,000 | 366,814,000 | 312,916,000 | 291,439,000 | 255,666,000 | 377,613,000 | 289,156,000 | 223,054,000 | 70,000 | 9,211,000 | 102,904,000 | 52,545,000 | |||||||||||||
accumulated other comprehensive income | -8,201,000 | 6,497,000 | 6,497,000 | 6,497,000 | 6,497,000 | 3,646,000 | -4,130,000 | ||||||||||||||||||||||
restructuring expense and other operating items | 130,285,000 | 4,007,000 | 2,673,000 | 3,378,000 | |||||||||||||||||||||||||
gain on investments | -659,792,000 | -425,686,000 | -325,601,000 | -150,773,000 | -46,821,000 | 125,019,000 | 73,453,000 | ||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,849,212 and 5,549,674, respectively | 1,660,331,000 | ||||||||||||||||||||||||||||
redeemable noncontrolling interest | |||||||||||||||||||||||||||||
1,824,635 | 1,926,287,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,758,653 and 5,549,674, respectively | 1,660,331,000 | ||||||||||||||||||||||||||||
1,842,291 | 1,941,273,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,655,369 and 5,549,674, respectively | 1,660,331,000 | ||||||||||||||||||||||||||||
1,868,848 | 1,909,426,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,051,149 and 4,409,312 | 2,202,001,000 | ||||||||||||||||||||||||||||
redeemable equity | 25,763,000 | 16,010,000 | 15,495,000 | 65,812,000 | 108,551,000 | 217,311,000 | 174,931,000 | 190,339,000 | 130,007,000 | 234,637,000 | 231,290,000 | 390,268,000 | 231,290,000 | ||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,421,667 and 5,051,149, respectively | 2,202,001,000 | ||||||||||||||||||||||||||||
restructuring and other income | 1,885,000 | 5,864,000 | 3,209,000 | ||||||||||||||||||||||||||
1,926,287 | 1,884,271,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,343,741 and 5,051,149, respectively | 2,202,001,000 | ||||||||||||||||||||||||||||
1,941,273 | 1,889,243,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 5,198,304 and 5,051,149 | 2,202,001,000 | ||||||||||||||||||||||||||||
1,909,426 | 1,870,363,000 | ||||||||||||||||||||||||||||
amounts due from affiliates | 4,262,000 | 1,583,000 | 3,452,000 | 3,935,000 | 6,774,000 | 4,554,000 | 1,222,000 | 1,021,000 | 17,557,000 | 21,146,000 | 21,153,000 | 19,764,000 | |||||||||||||||||
amortizable intangibles, net of accumulated amortization of 4,409,312 and 3,670,679 | 2,781,116,000 | ||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||
amounts due to affiliates | 8,538,000 | 5,642,000 | 5,722,000 | 8,511,000 | 7,456,000 | 6,904,000 | 6,479,000 | 5,538,000 | 26,096,000 | 11,078,000 | 29,002,000 | 10,998,000 | |||||||||||||||||
defined benefit plan obligations | 30,700,000 | 57,190,000 | 96,794,000 | 97,908,000 | 93,849,000 | 103,163,000 | |||||||||||||||||||||||
preferred stock, .01 par value... | |||||||||||||||||||||||||||||
retained earnings | -985,641,000 | 496,477,000 | 501,172,000 | 389,908,000 | 390,766,000 | 390,437,000 | 313,198,000 | 226,831,000 | 251,830,000 | 713,848,000 | 854,824,000 | 840,636,000 | |||||||||||||||||
total altice usa stockholders' equity | -1,141,030,000 | ||||||||||||||||||||||||||||
total stockholders' equity | -1,203,139,000 | 734,546,000 | 1,148,848,000 | 1,581,797,000 | 2,269,964,000 | 2,080,971,000 | 2,525,625,000 | 3,002,970,000 | 3,670,941,000 | 5,395,445,000 | 5,495,840,000 | 3,067,733,000 | 5,503,214,000 | ||||||||||||||||
total liabilities and equity | 33,376,660,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 4,227,398 and 3,670,679 | 2,961,759,000 | ||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||
stockholders' equity: - sum | 907,219,000 | 1,324,835,000 | 1,758,867,000 | ||||||||||||||||||||||||||
noncontrolling interest | 10,797,000 | 8,831,000 | 8,618,000 | 9,298,000 | 8,296,000 | 8,139,000 | 8,096,000 | 9,295,000 | 1,541,000 | 689,000 | 1,539,000 | ||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 4,054,809 and 3,670,679 | 3,097,216,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 3,871,778 and 3,670,679 | 3,280,096,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 3,670,679 and 2,882,787 | 3,481,109,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 3,476,043 and 2,882,787 | 3,675,954,000 | ||||||||||||||||||||||||||||
altice usa, inc. and subsidiariesconsolidated balance sheets | |||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 3,284,685 and 2,882,787 | 3,865,003,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 3,083,406 and 2,882,787 | 3,992,205,000 | ||||||||||||||||||||||||||||
current portion of long-term debt | 123,966,000 | ||||||||||||||||||||||||||||
amortizable intangibles, net of accumulated amortization of 2,882,787 and 2,008,573 | 4,192,824,000 | ||||||||||||||||||||||||||||
accrued liabilities: | |||||||||||||||||||||||||||||
interest | 386,475,000 | 296,400,000 | 315,467,000 | 397,422,000 | |||||||||||||||||||||||||
employee related costs | 139,806,000 | 104,824,000 | 130,640,000 | 147,727,000 | |||||||||||||||||||||||||
other accrued expenses | 312,564,000 | 318,098,000 | 412,949,000 | 411,988,000 | |||||||||||||||||||||||||
credit facility debt | 54,563,000 | 53,900,000 | 92,650,000 | 42,650,000 | |||||||||||||||||||||||||
senior guaranteed notes and senior notes and debentures | |||||||||||||||||||||||||||||
capital lease obligations | 5,928,000 | 7,699,000 | 10,376,000 | 9,539,000 | |||||||||||||||||||||||||
notes payable | 98,134,000 | 69,084,000 | 30,211,000 | 33,424,000 | |||||||||||||||||||||||||
collateralized indebtedness | 1,406,182,000 | 1,351,271,000 | 1,349,474,000 | ||||||||||||||||||||||||||
deficit investments in affiliates | |||||||||||||||||||||||||||||
amortizable customer relationships, net of accumulated amortization of 1,603,142 and 1,409,021 | 4,367,742,000 | ||||||||||||||||||||||||||||
amortizable trade names, net of accumulated amortization of 624,276 and 588,574 | 442,807,000 | ||||||||||||||||||||||||||||
other amortizable intangibles, net of accumulated amortization of 12,972 and 10,978 | 24,088,000 | ||||||||||||||||||||||||||||
altice usa, inc. and subsidiariescondensed consolidated balance sheets | |||||||||||||||||||||||||||||
senior notes and debentures | 1,042,143,000 | 1,572,358,000 | 507,744,000 | ||||||||||||||||||||||||||
deficit investment in affiliates | 12,891,000 | 3,579,000 | |||||||||||||||||||||||||||
other current assets | 580,231,000 | ||||||||||||||||||||||||||||
property, plant and equipment | 6,063,829,000 | ||||||||||||||||||||||||||||
other assets, long-term | 19,861,076,000 | ||||||||||||||||||||||||||||
current liabilities | 2,492,983,000 | ||||||||||||||||||||||||||||
deferred tax liability, long-term | 4,775,115,000 | ||||||||||||||||||||||||||||
liabilities, long-term | 21,779,997,000 | ||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 34,775,225,000 | ||||||||||||||||||||||||||||
investment in affiliates | 1,694,000 | ||||||||||||||||||||||||||||
amortizable customer relationships, net of accumulated amortization of 1,207,217 and 580,276 | 4,763,667,000 | ||||||||||||||||||||||||||||
amortizable trade names, net of accumulated amortization of 432,402 and 83,397 | 634,681,000 | ||||||||||||||||||||||||||||
other amortizable intangibles, net of accumulated amortization of 8,805 and 3,093 | 28,247,000 | ||||||||||||||||||||||||||||
notes payable to affiliates and related parties | |||||||||||||||||||||||||||||
common stock, .01 par value... | |||||||||||||||||||||||||||||
amortizable customer relationships, net of accumulated amortization of 1,797,079 and 1,409,021 | 4,561,863,000 | ||||||||||||||||||||||||||||
amortizable trade names, net of accumulated amortization of 654,498 and 588,574 | 478,509,000 | ||||||||||||||||||||||||||||
other amortizable intangibles, net of accumulated amortization of 14,865 and 10,978 | 26,082,000 | ||||||||||||||||||||||||||||
3,870,244 | 5,513,236,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||
net loss | -2,876,976,000 | -1,621,955,000 | -87,986,000 | -71,271,000 | -1,538,000 | ||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||
depreciation and amortization | 406,496,000 | 453,484,000 | 415,308,000 | 409,697,000 | 418,485,000 | 471,728,000 | 386,342,000 | 395,770,000 | 388,391,000 | 407,014,000 | 402,366,000 | 418,705,000 | 416,212,000 | 446,430,000 | 445,769,000 | 446,125,000 | 435,349,000 | 460,010,000 | 447,958,000 | 444,327,000 | 434,857,000 | 511,754,000 | 502,248,000 | 521,794,000 | 547,569,000 | 567,459,000 | 565,637,000 | 568,620,000 | 561,428,000 | 555,054,000 | 536,053,000 | 648,527,000 | 642,705,000 | 791,699,000 | 823,265,000 |
indefinite-lived cable franchise rights impairment | 2,700,000,000 | 0 | |||||||||||||||||||||||||||||||||
gain on investments, sale of assets or sale of affiliate interests | |||||||||||||||||||||||||||||||||||
loss on extinguishment of debt and write-off of deferred financing costs | 106,045,000 | 21,809,000 | 0 | 5,866,000 | 0 | 0 | 7,035,000 | 0 | 0 | 0 | 84,207,000 | 503,000 | 1,194,000 | 157,902,000 | 7,188,000 | 0 | 36,911,000 | 4,705,000 | 0 | 38,858,000 | |||||||||||||||
amortization of deferred financing costs and discounts (premiums) on indebtedness | 9,911,000 | 10,677,000 | 7,664,000 | 4,146,000 | 3,992,000 | 4,158,000 | 4,347,000 | 4,230,000 | 6,893,000 | 8,106,000 | 7,975,000 | 7,640,000 | 10,719,000 | 15,909,000 | 20,297,000 | 20,808,000 | 20,342,000 | 22,050,000 | 23,259,000 | 22,878,000 | 23,039,000 | 21,831,000 | 21,079,000 | 24,273,000 | 23,944,000 | 23,816,000 | 28,522,000 | 27,810,000 | 26,066,000 | 24,595,000 | 23,555,000 | 20,021,000 | 16,950,000 | 12,529,000 | 11,303,000 |
share-based compensation expense | 14,977,000 | 20,460,000 | 12,013,000 | 16,166,000 | 15,449,000 | 45,575,000 | 37,349,000 | 36,529,000 | 40,532,000 | 18,019,000 | 24,350,000 | 27,646,000 | 28,281,000 | 13,790,000 | 13,636,000 | 12,327,000 | 12,226,000 | 21,623,000 | 16,498,000 | 15,005,000 | |||||||||||||||
deferred income taxes | -111,441,000 | -45,173,000 | 82,901,000 | -133,205,000 | -127,410,000 | -388,923,000 | 2,689,000 | -96,413,000 | 86,595,000 | -39,620,000 | -73,893,000 | -56,154,000 | -57,248,000 | 125,625,000 | -31,520,000 | -41,571,000 | -16,149,000 | -56,345,000 | -1,723,000 | 69,604,000 | 29,165,000 | 8,529,000 | 15,878,000 | 20,880,000 | 30,225,000 | -40,763,000 | 36,090,000 | 39,522,000 | -19,918,000 | -82,002,000 | 94,679,000 | -14,447,000 | -65,833,000 | -2,412,536,000 | -150,218,000 |
decrease in right-of-use assets | 10,931,000 | 11,048,000 | 11,307,000 | 11,251,000 | 11,150,000 | 10,903,000 | 11,028,000 | 11,213,000 | 11,488,000 | 11,475,000 | 11,708,000 | 11,601,000 | 11,324,000 | 11,027,000 | 11,176,000 | 11,184,000 | 10,955,000 | 11,003,000 | 10,875,000 | 10,816,000 | 11,707,000 | 11,597,000 | 11,474,000 | ||||||||||||
allowance for credit losses | 20,628,000 | 20,168,000 | 17,035,000 | 14,393,000 | 16,196,000 | 18,128,000 | 22,501,000 | ||||||||||||||||||||||||||||
other | 479,000 | 3,506,000 | -361,000 | 854,000 | 399,000 | 967,000 | 1,795,000 | 2,164,000 | 1,510,000 | 1,763,000 | 218,000 | 8,872,000 | 316,000 | 3,952,000 | -171,000 | -34,000 | -287,000 | 3,494,000 | -2,910,000 | 3,270,000 | 1,074,000 | 0 | 0 | 0 | -859,000 | ||||||||||
change in operating assets and liabilities, net of effects of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||
accounts receivable, trade | 13,941,000 | -29,744,000 | -45,168,000 | -14,597,000 | 17,187,000 | -34,196,000 | -16,491,000 | -29,138,000 | 20,908,000 | -48,300,000 | -18,792,000 | -36,975,000 | 26,364,000 | -45,668,000 | 1,179,000 | -9,902,000 | 9,112,000 | 4,698,000 | -48,155,000 | -42,215,000 | 55,293,000 | -55,166,000 | -23,103,000 | 31,980,000 | -4,458,000 | -44,869,000 | -48,653,000 | -26,474,000 | 28,278,000 | -32,633,000 | -74,222,000 | -62,431,000 | 25,207,000 | -44,190,000 | -37,487,000 |
prepaid expenses and other assets | -79,588,000 | -18,285,000 | 17,069,000 | -7,308,000 | -55,377,000 | 158,025,000 | -8,770,000 | -33,395,000 | -85,655,000 | 22,080,000 | -18,020,000 | -12,911,000 | -45,931,000 | 34,689,000 | 9,041,000 | 26,151,000 | -19,462,000 | -5,038,000 | 1,750,000 | 57,952,000 | -26,321,000 | 14,306,000 | -399,000 | 26,265,000 | -31,842,000 | -55,401,000 | -5,465,000 | -35,733,000 | -3,744,000 | 27,001,000 | -9,939,000 | -41,560,000 | 9,609,000 | -19,652,000 | 8,304,000 |
amounts due from and due to affiliates | -8,277,000 | 5,637,000 | -20,592,000 | 1,167,000 | 13,905,000 | 1,214,000 | 4,042,000 | -65,348,000 | 15,606,000 | -5,362,000 | 24,980,000 | 21,129,000 | 10,084,000 | -6,017,000 | 4,325,000 | 2,935,000 | -8,992,000 | 10,954,000 | 6,299,000 | 1,878,000 | 4,627,000 | 217,000 | 1,789,000 | -2,306,000 | 3,894,000 | -1,668,000 | -2,907,000 | 741,000 | -4,023,000 | 3,846,000 | -1,370,000 | 10,038,000 | -1,465,000 | 64,470,000 | 16,944,000 |
accounts payable and accrued liabilities | -29,207,000 | 4,319,000 | -257,739,000 | 71,774,000 | 42,958,000 | 93,419,000 | -68,585,000 | 43,905,000 | -64,859,000 | -36,882,000 | 20,442,000 | -2,239,000 | -20,577,000 | 28,948,000 | 19,303,000 | 11,950,000 | -13,477,000 | -55,823,000 | -4,036,000 | -87,771,000 | -29,696,000 | ||||||||||||||
interest payable | -26,611,000 | 73,247,000 | -62,504,000 | 117,614,000 | -120,856,000 | ||||||||||||||||||||||||||||||
deferred revenue | 18,043,000 | 1,272,000 | 35,275,000 | 4,609,000 | 18,816,000 | 2,429,000 | 9,424,000 | -3,891,000 | 3,056,000 | -367,000 | 2,882,000 | -7,184,000 | 13,833,000 | -9,445,000 | -3,602,000 | -16,519,000 | 14,613,000 | -16,100,000 | -30,611,000 | -32,719,000 | 38,501,000 | -25,069,000 | 2,394,000 | -12,149,000 | -5,153,000 | 19,636,000 | -42,042,000 | 3,107,000 | 8,915,000 | 16,100,000 | 35,790,000 | 8,607,000 | 11,929,000 | 2,928,000 | -1,232,000 |
interest rate swap contracts | 932,000 | 971,000 | 1,001,000 | 1,697,000 | 3,865,000 | -5,682,000 | 108,367,000 | 15,637,000 | -13,874,000 | 74,399,000 | 4,800,000 | -39,350,000 | 32,858,000 | ||||||||||||||||||||||
net cash from operating activities | 170,283,000 | 481,561,000 | 147,448,000 | 411,965,000 | 187,483,000 | 439,922,000 | 436,024,000 | 306,794,000 | 399,661,000 | 496,213,000 | 474,498,000 | 438,841,000 | 416,846,000 | 461,185,000 | 629,162,000 | 676,335,000 | 600,219,000 | 676,599,000 | 698,314,000 | 729,543,000 | 749,622,000 | 791,503,000 | 659,120,000 | 935,976,000 | 593,565,000 | 720,182,000 | 541,023,000 | 788,970,000 | 503,994,000 | 738,055,000 | 611,019,000 | 728,291,000 | 430,952,000 | 784,750,000 | 516,053,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||
capital expenditures | -307,704,000 | -282,131,000 | -325,520,000 | -383,519,000 | -356,124,000 | -390,038,000 | -359,159,000 | -347,721,000 | -336,095,000 | -295,250,000 | -353,219,000 | -473,445,000 | -582,897,000 | -543,226,000 | -493,559,000 | -485,126,000 | -392,371,000 | -386,648,000 | -309,172,000 | -323,104,000 | -212,791,000 | -344,578,000 | -201,572,000 | -228,723,000 | -299,082,000 | -322,795,000 | -375,302,000 | -316,867,000 | -340,386,000 | -320,765,000 | -334,527,000 | -240,682,000 | -257,615,000 | -228,066,000 | -303,636,000 |
free cash flows | -137,421,000 | 199,430,000 | -178,072,000 | 28,446,000 | -168,641,000 | 49,884,000 | 76,865,000 | -40,927,000 | 63,566,000 | 200,963,000 | 121,279,000 | -34,604,000 | -166,051,000 | -82,041,000 | 135,603,000 | 191,209,000 | 207,848,000 | 289,951,000 | 389,142,000 | 406,439,000 | 536,831,000 | 446,925,000 | 457,548,000 | 707,253,000 | 294,483,000 | 397,387,000 | 165,721,000 | 472,103,000 | 163,608,000 | 417,290,000 | 276,492,000 | 487,609,000 | 173,337,000 | 556,684,000 | 212,417,000 |
payments for acquisitions, net of cash acquired | 0 | 0 | 0 | -7,616,000 | -32,784,000 | -3,723,000 | 0 | -5,445,000 | |||||||||||||||||||||||||||
net cash from investing activities | -304,673,000 | -283,103,000 | -265,138,000 | -382,006,000 | -363,549,000 | -409,533,000 | -360,087,000 | -350,116,000 | -335,777,000 | -295,285,000 | -353,318,000 | -474,825,000 | -583,095,000 | -545,409,000 | -497,994,000 | -486,624,000 | -391,483,000 | -385,807,000 | -310,257,000 | -666,891,000 | -210,648,000 | -345,761,000 | -348,785,000 | -228,137,000 | -297,743,000 | -322,728,000 | -372,860,000 | -489,974,000 | -339,907,000 | -305,961,000 | -339,612,000 | -211,157,000 | -291,627,000 | -298,167,000 | -328,019,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||
proceeds from long-term debt | 2,756,954,000 | 2,000,000,000 | 1,160,000,000 | 225,000,000 | 450,000,000 | 339,750,000 | 100,000,000 | 825,000,000 | 2,950,000,000 | 350,000,000 | 450,000,000 | 1,550,000,000 | 350,000,000 | 2,711,903,000 | 1,105,000,000 | 310,000,000 | 150,000,000 | 1,100,000,000 | 150,000,000 | 3,010,000,000 | 150,000,000 | ||||||||||||||
repayment of debt | -2,524,081,000 | -1,982,983,000 | -172,780,000 | -184,825,000 | -220,014,000 | -332,058,000 | -255,726,000 | -668,143,000 | -2,967,306,000 | -472,897,000 | -475,619,000 | -1,470,557,000 | -268,936,000 | -2,527,299,000 | |||||||||||||||||||||
principal payments on finance lease obligations | -6,289,000 | -4,894,000 | -5,768,000 | -75,317,000 | -17,262,000 | -27,923,000 | -30,638,000 | -33,392,000 | -35,396,000 | -36,502,000 | -36,695,000 | -38,239,000 | -37,861,000 | -37,517,000 | -34,944,000 | -33,280,000 | -28,941,000 | -25,692,000 | -22,697,000 | -19,230,000 | -18,330,000 | -18,391,000 | -12,757,000 | -6,235,000 | -5,700,000 | -2,244,000 | -3,463,000 | -1,662,000 | -1,611,000 | ||||||
additions to deferred financing costs | -112,630,000 | -104,607,000 | -624,000 | -1,383,000 | -415,000 | -17,138,000 | -34,306,000 | -8,323,000 | -7,576,000 | -3,519,000 | -810,000 | -11,678,000 | -6,898,000 | 707,000 | -3,052,000 | -19,225,000 | 886,000 | -2,134,000 | |||||||||||||||||
net cash from financing activities | 106,025,000 | -100,919,000 | 914,301,000 | -62,745,000 | 198,727,000 | -23,835,000 | -188,454,000 | 121,187,000 | -80,876,000 | -168,030,000 | -69,896,000 | 33,930,000 | 81,405,000 | 138,894,000 | -113,718,000 | -152,453,000 | -208,629,000 | -327,011,000 | -376,305,000 | -61,763,000 | -597,445,000 | -1,150,737,000 | -1,277,833,000 | 1,000,328,000 | -752,803,000 | 129,555,000 | -131,401,000 | -282,951,000 | -339,615,000 | -619,115,000 | -166,819,000 | -1,563,541,000 | 958,479,000 | -808,338,000 | -218,011,000 |
net increase in cash and cash equivalents | -28,365,000 | 97,539,000 | 796,611,000 | -32,786,000 | 22,661,000 | 32,898,000 | 51,284,000 | -2,054,000 | -84,844,000 | 54,670,000 | 17,450,000 | 37,258,000 | 107,000 | -36,881,000 | 11,752,000 | -705,639,000 | -968,081,000 | 527,974,000 | 35,797,000 | 16,045,000 | -175,528,000 | -187,047,000 | 104,588,000 | -1,046,407,000 | 1,097,804,000 | -29,977,000 | |||||||||
effect of exchange rate changes on cash and cash equivalents | 17,000 | 240,000 | -530,000 | 938,000 | -54,000 | -21,000 | 414,000 | -205,000 | -612,000 | 785,000 | -2,030,000 | 738,000 | -190,000 | 240,000 | 161,000 | 60,000 | -170,000 | -522,000 | -619,000 | -141,000 | 620,000 | -644,000 | -583,000 | -516,000 | -424,000 | -201,000 | -385,000 | -335,000 | -245,000 | -402,000 | 480,000 | ||||
net increase in cash, cash equivalents and restricted cash | -28,348,000 | 796,081,000 | -31,848,000 | 22,607,000 | |||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | 1,141,443,000 | 0 | 0 | 0 | 256,824,000 | 0 | 0 | 0 | 302,338,000 | 0 | 0 | 0 | 305,751,000 | 0 | 0 | 0 | 195,975,000 | 0 | 0 | 0 | 278,686,000 | 0 | 0 | 0 | 702,160,000 | 0 | 0 | 0 | 299,038,000 | 0 | 0 | 0 | 330,100,000 | 0 | 0 |
cash, cash equivalents and restricted cash at end of period | 1,113,095,000 | 796,081,000 | -31,848,000 | 279,431,000 | -112,103,000 | 77,660,000 | 284,734,000 | 49,254,000 | -1,316,000 | 220,717,000 | 17,611,000 | 37,318,000 | 195,912,000 | 11,133,000 | 748,000 | 220,835,000 | -968,081,000 | 1,707,651,000 | 244,755,000 | 36,377,000 | 105,068,000 | -1,046,511,000 | 1,427,904,000 | -29,977,000 | |||||||||||
net income | -46,248,000 | -40,835,000 | 21,702,000 | -12,896,000 | -113,792,000 | 75,515,000 | 86,144,000 | 31,170,000 | -192,413,000 | 97,621,000 | 113,540,000 | 202,141,000 | 260,710,000 | 270,749,000 | 200,934,000 | 278,539,000 | 336,269,000 | -2,729,000 | 1,331,000 | 77,396,000 | 86,410,000 | -25,198,000 | 213,808,000 | 33,739,000 | -98,004,000 | -128,949,000 | 2,254,682,000 | -182,086,000 | |||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||
gain on investments, sale of assets, or sale of affiliate interests | |||||||||||||||||||||||||||||||||||
loss on derivative contracts | 0 | 0 | 0 | 166,489,000 | 218,041,000 | -323,668,000 | -219,114,000 | -101,074,000 | -194,931,000 | -43,385,000 | 98,840,000 | 53,565,000 | 204,467,000 | 261,597,000 | 152,061,000 | -439,861,000 | 82,060,000 | ||||||||||||||||||
goodwill impairment | |||||||||||||||||||||||||||||||||||
proceeds related to sale of equipment, net of costs of disposal | 2,784,000 | ||||||||||||||||||||||||||||||||||
additions to other intangible assets | -3,756,000 | -58,000 | -148,000 | -89,000 | -102,000 | -3,102,000 | 0 | -7,000 | -956,000 | ||||||||||||||||||||||||||
proceeds from derivative contracts in connection with the settlement of collateralized debt | 0 | 0 | 38,902,000 | ||||||||||||||||||||||||||||||||
payments related to acquisition of noncontrolling interest | |||||||||||||||||||||||||||||||||||
distributions to noncontrolling interest | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | 123,265,000 | ||||||||||||||||||||||||||||||||||
payment related to acquisition of noncontrolling interest | |||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | 0 | -1,000,000 | 0 | ||||||||||||||||||||||||||||||||
gain on investments and sale of affiliate interest | 0 | -5,000 | |||||||||||||||||||||||||||||||||
loss on investments and sale of affiliate interests | -292,000 | 240,549,000 | 46,821,000 | -125,019,000 | -73,453,000 | -197,597,000 | 455,473,000 | ||||||||||||||||||||||||||||
gain on investments and sale of affiliate interests | 0 | 4,718,000 | -120,253,000 | -103,146,000 | -254,725,000 | 68,846,000 | -111,684,000 | 45,113,000 | 248,602,000 | ||||||||||||||||||||||||||
share-based compensation | 20,170,000 | 16,424,000 | 13,757,000 | 16,115,000 | 15,876,000 | -2,623,000 | |||||||||||||||||||||||||||||
payment related to acquisition of a noncontrolling interest | 0 | 0 | -7,261,000 | ||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -16,992,000 | -85,034,000 | -63,000 | -58,471,000 | -456,981,000 | ||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 21,998,000 | 22,313,000 | 18,202,000 | 23,687,000 | 20,259,000 | 22,878,000 | 28,442,000 | 22,102,000 | 14,737,000 | 22,361,000 | 18,294,000 | 17,021,000 | 11,133,000 | 15,582,000 | 8,526,000 | 21,977,000 | 19,880,000 | ||||||||||||||||||
change in assets and liabilities, net of effects of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||
proceeds from collateralized indebtedness and related derivative contracts | 0 | 0 | 0 | 185,105,000 | |||||||||||||||||||||||||||||||
repayment of collateralized indebtedness and related derivative contracts | 0 | 0 | 0 | -185,105,000 | 0 | -179,389,000 | -176,070,000 | -171,908,000 | |||||||||||||||||||||||||||
purchase of shares of altice usa, inc. class a common stock, pursuant to a share repurchase program | -586,759,000 | -273,197,000 | |||||||||||||||||||||||||||||||||
payments to acquire noncontrolling interest | |||||||||||||||||||||||||||||||||||
loss on investments | 0 | 0 | -192,010,000 | -242,268,000 | 425,686,000 | 325,601,000 | 150,773,000 | ||||||||||||||||||||||||||||
gain on extinguishment of debt and write-off of deferred financing costs | 0 | 0 | -4,393,000 | ||||||||||||||||||||||||||||||||
payment to acquire noncontrolling interest | |||||||||||||||||||||||||||||||||||
purchase of shares of altice usa, inc. class a common stock, pursuant to a share repurchase program and tender offer | |||||||||||||||||||||||||||||||||||
proceeds from the sale of a noncontrolling interest in lightpath, net of expenses | |||||||||||||||||||||||||||||||||||
liabilities related to interest rate swap contracts | -112,065,000 | -53,450,000 | -138,894,000 | -49,135,000 | -21,349,000 | 10,330,000 | -89,798,000 | -34,228,000 | -9,734,000 | 25,164,000 | 122,849,000 | -9,448,000 | 17,350,000 | 13,277,000 | 31,922,000 | 8,631,000 | -1,052,000 | ||||||||||||||||||
purchase of shares of altice usa class a common stock, pursuant to a share repurchase program | -79,410,000 | -221,873,000 | -503,645,000 | -726,005,000 | |||||||||||||||||||||||||||||||
repayment of long-term debt | -429,173,000 | -329,688,000 | -1,387,082,000 | -425,557,000 | -2,831,606,000 | -225,863,000 | |||||||||||||||||||||||||||||
decrease in right-of-use asset | |||||||||||||||||||||||||||||||||||
payment for acquisitions, net of cash acquired | 0 | 126,000 | 142,000 | 390,000 | 0 | ||||||||||||||||||||||||||||||
net increase in cash and cash equivalents excluding effect of exchange rate changes | -704,995,000 | -967,498,000 | |||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||
altice usa, inc. and subsidiaries consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||
proceeds from collateralized indebtedness | 0 | 179,389,000 | 176,070,000 | 171,908,000 | |||||||||||||||||||||||||||||||
dividends to stockholders | 0 | 0 | |||||||||||||||||||||||||||||||||
proceeds from stock option exercises | 8,635,000 | 2,063,000 | 1,618,000 | 2,032,000 | |||||||||||||||||||||||||||||||
contributions from (distributions to) noncontrolling interests | 0 | 0 | |||||||||||||||||||||||||||||||||
non-cash restructuring charges | 27,188,000 | 1,036,000 | 1,347,000 | ||||||||||||||||||||||||||||||||
settlement loss related to pension plan | 122,000 | 271,000 | 502,000 | 103,000 | 1,091,000 | 367,000 | 171,000 | 339,000 | 65,000 | 258,000 | 606,000 | ||||||||||||||||||||||||
share-based compensation expense related to equity classified awards | 34,057,000 | 33,683,000 | 27,370,000 | 51,187,000 | 18,024,000 | ||||||||||||||||||||||||||||||
other receivables | -2,958,000 | -25,061,000 | 566,000 | 3,448,000 | -708,000 | 4,384,000 | 5,788,000 | 22,833,000 | -28,759,000 | -7,315,000 | -13,469,000 | ||||||||||||||||||||||||
accounts payable | -9,377,000 | -13,357,000 | 23,613,000 | -60,125,000 | 8,469,000 | -15,340,000 | 33,889,000 | -73,042,000 | 36,048,000 | 38,152,000 | 11,297,000 | 18,439,000 | -16,692,000 | ||||||||||||||||||||||
accrued liabilities | -118,435,000 | 175,969,000 | -188,765,000 | 67,565,000 | -87,969,000 | 114,560,000 | -224,787,000 | 59,506,000 | -55,225,000 | ||||||||||||||||||||||||||
sale of affiliate interest | 0 | 0 | |||||||||||||||||||||||||||||||||
proceeds related to sale of equipment and costs of disposal | 1,500,000 | 734,000 | -2,580,000 | ||||||||||||||||||||||||||||||||
decrease in other investments | 1,460,000 | 0 | 4,008,000 | ||||||||||||||||||||||||||||||||
altice usa, inc. and subsidiariesconsolidated statements of cash flows | |||||||||||||||||||||||||||||||||||
proceeds from credit facility debt, net of discounts | 650,000,000 | 3,000,000,000 | 100,000,000 | 550,000,000 | 1,390,000,000 | 1,271,813,000 | 575,000,000 | 0 | 1,642,500,000 | ||||||||||||||||||||||||||
repayment of credit facility debt | -468,188,000 | -218,187,000 | -10,688,000 | -2,489,437,000 | -739,795,000 | -241,580,000 | -361,250,000 | -1,585,437,000 | -14,413,000 | -10,662,000 | -610,663,000 | -726,913,000 | -110,918,000 | ||||||||||||||||||||||
issuance of senior notes, including premiums | 3,620,250,000 | ||||||||||||||||||||||||||||||||||
redemption of senior notes, including premiums and fees | -1,754,208,000 | -8,886,000 | 0 | -2,462,692,000 | -5,206,000 | -500,000,000 | -1,066,737,000 | -1,057,019,000 | -750,120,000 | ||||||||||||||||||||||||||
proceeds from notes payable | -1,333,000 | 27,331,000 | 0 | 6,812,000 | 9,084,000 | ||||||||||||||||||||||||||||||
repayment of notes payable | -29,446,000 | -40,744,000 | -7,495,000 | -11,856,000 | -16,149,000 | -15,561,000 | -58,500,000 | -18,543,000 | -13,643,000 | ||||||||||||||||||||||||||
purchase of shares of altice usa class a common stock pursuant to a share repurchase program | -433,454,000 | ||||||||||||||||||||||||||||||||||
contingent payment for acquisition | 0 | 0 | -4,947,000 | 0 | 0 | 0 | -500,000 | 0 | -1,060,000 | ||||||||||||||||||||||||||
equity in net income of affiliates | 0 | 0 | 407,000 | 10,442,000 | 4,343,000 | 1,575,000 | |||||||||||||||||||||||||||||
gain on derivative contracts | -21,273,000 | 77,333,000 | 49,624,000 | 177,029,000 | -87,965,000 | 79,628,000 | -42,159,000 | -168,352,000 | |||||||||||||||||||||||||||
non-cash lease expense | |||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | 30,466,000 | 26,240,000 | 19,723,000 | 15,091,000 | 20,783,000 | 21,181,000 | 15,962,000 | 13,500,000 | 19,682,000 | 21,583,000 | |||||||||||||||||||||||||
liabilities related to interest rate swap and derivative contracts | -19,670,000 | 8,686,000 | 16,202,000 | 25,120,000 | |||||||||||||||||||||||||||||||
proceeds related to sale of equipment, including costs of disposal | -575,000 | 3,586,000 | 419,000 | 479,000 | 2,977,000 | 944,000 | 5,893,000 | 965,000 | 6,345,000 | 1,862,000 | |||||||||||||||||||||||||
decrease (increase) in other investments | |||||||||||||||||||||||||||||||||||
settlement of put call options | |||||||||||||||||||||||||||||||||||
proceeds from ipo, net of fees | 611,000 | -696,000 | |||||||||||||||||||||||||||||||||
contributions from stockholders | 0 | ||||||||||||||||||||||||||||||||||
accrued employee related costs and other liabilities | |||||||||||||||||||||||||||||||||||
increase in other investments | 11,827,000 | 0 | 0 | -2,500,000 | 27,000 | -1,250,000 | |||||||||||||||||||||||||||||
issuance of senior notes and debentures, including premiums | 1,000,000,000 | 0 | 1,754,375,000 | ||||||||||||||||||||||||||||||||
purchase of shares of class a common stock, pursuant to a share repurchase program | -486,920,000 | ||||||||||||||||||||||||||||||||||
interest payable, accrued employee related costs and other liabilities | 136,818,000 | -235,369,000 | |||||||||||||||||||||||||||||||||
impairment of assets included in restructuring charges | |||||||||||||||||||||||||||||||||||
excess tax benefit on share-based awards | |||||||||||||||||||||||||||||||||||
proceeds from notes payable to affiliates and related parties | |||||||||||||||||||||||||||||||||||
issuance of senior notes and debentures | 0 | 0 | 1,050,000,000 | 1,000,000,000 | |||||||||||||||||||||||||||||||
principal payments on capital lease obligations | -1,647,000 | -2,562,000 | -2,952,000 | -3,067,000 | -3,639,000 | -3,457,000 | |||||||||||||||||||||||||||||
contributions from noncontrolling interests | 0 | 0 | |||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | |||||||||||||||||||||||||||||||||||
altice usa, inc. and subsidiariescondensed consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||
sale of affiliate interests | 0 | -3,537,000 | |||||||||||||||||||||||||||||||||
payment for acquisition, net of cash acquired | -28,940,000 | -3,095,000 | 0 | ||||||||||||||||||||||||||||||||
gain on sale of affiliate interests | |||||||||||||||||||||||||||||||||||
gain on investments | -67,466,000 | 18,900,000 | |||||||||||||||||||||||||||||||||
net proceeds from sale of affiliate interests | |||||||||||||||||||||||||||||||||||
settlement of put-call options | -73,371,000 | ||||||||||||||||||||||||||||||||||
proceeds from credit facility debt | -8,750,000 | 625,000,000 | |||||||||||||||||||||||||||||||||
issuance of senior notes | |||||||||||||||||||||||||||||||||||
distributions to stockholders | -79,617,000 | ||||||||||||||||||||||||||||||||||
repayment of senior notes, including premiums and fees | |||||||||||||||||||||||||||||||||||
settlement gain related to pension plan | |||||||||||||||||||||||||||||||||||
loss on equity derivative contracts | |||||||||||||||||||||||||||||||||||
distributions to shareholders | |||||||||||||||||||||||||||||||||||
contributions from shareholders |
