2012 Q2 Form 10-Q Financial Statement

#000110465912056523 Filed on August 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $68.83M $193.8M
YoY Change -64.48% 17.64%
Cost Of Revenue -$27.30M $109.1M
YoY Change -125.02% 27.01%
Gross Profit -$21.30M $84.60M
YoY Change -125.18% 7.5%
Gross Profit Margin -30.95% 43.66%
Selling, General & Admin $51.99M $66.85M
YoY Change -22.23% 184.49%
% of Gross Profit 79.02%
Research & Development -$2.000M $21.90M
YoY Change -109.13% 22.35%
% of Gross Profit 25.89%
Depreciation & Amortization $26.58M $25.38M
YoY Change 4.72% 37.21%
% of Gross Profit 30.0%
Operating Expenses $57.89M $187.5M
YoY Change -69.12% 212.46%
Operating Profit $10.93M $6.277M
YoY Change 74.18% -66.43%
Interest Expense $3.998M $4.351M
YoY Change -8.11% -317.55%
% of Operating Profit 36.57% 69.32%
Other Income/Expense, Net -$4.435M -$3.907M
YoY Change 13.51% -2053.5%
Pretax Income $6.498M $2.370M
YoY Change 174.18% -92.82%
Income Tax $2.673M $1.052M
% Of Pretax Income 41.14% 44.39%
Net Earnings $11.77M $1.318M
YoY Change 792.79% -94.69%
Net Earnings / Revenue 17.1% 0.68%
Basic Earnings Per Share $0.68 $0.12
Diluted Earnings Per Share $0.67 $0.12
COMMON SHARES
Basic Shares Outstanding 15.54M shares 15.39M shares
Diluted Shares Outstanding 15.61M shares 15.50M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $79.80M $46.80M
YoY Change 70.51% -18.75%
Cash & Equivalents $79.84M $46.78M
Short-Term Investments
Other Short-Term Assets $35.90M $32.10M
YoY Change 11.84% 82.39%
Inventory $20.00M $21.70M
Prepaid Expenses
Receivables $75.10M $70.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $210.8M $170.6M
YoY Change 23.56% 15.35%
LONG-TERM ASSETS
Property, Plant & Equipment $456.2M $475.0M
YoY Change -3.95% 13.23%
Goodwill $45.08M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $27.70M $24.00M
YoY Change 15.42% -14.89%
Total Long-Term Assets $666.0M $693.2M
YoY Change -3.92% 9.08%
TOTAL ASSETS
Total Short-Term Assets $210.8M $170.6M
Total Long-Term Assets $666.0M $693.2M
Total Assets $876.8M $863.8M
YoY Change 1.51% 10.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.50M $56.80M
YoY Change -21.65% 24.29%
Accrued Expenses $16.90M $8.700M
YoY Change 94.25% 6.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.68M $17.80M
YoY Change -11.91% 58.93%
Total Short-Term Liabilities $134.3M $140.7M
YoY Change -4.55% 5.55%
LONG-TERM LIABILITIES
Long-Term Debt $258.2M $289.7M
YoY Change -10.86% 17.91%
Other Long-Term Liabilities $26.40M $28.80M
YoY Change -8.33% -15.04%
Total Long-Term Liabilities $258.2M $318.5M
YoY Change -18.92% 13.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.3M $140.7M
Total Long-Term Liabilities $258.2M $318.5M
Total Liabilities $567.0M $575.8M
YoY Change -1.53% 13.97%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 509.5K shares
Shareholders Equity $309.8M $288.1M
YoY Change
Total Liabilities & Shareholders Equity $876.8M $863.8M
YoY Change 1.5% 10.26%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $11.77M $1.318M
YoY Change 792.79% -94.69%
Depreciation, Depletion And Amortization $26.58M $25.38M
YoY Change 4.72% 37.21%
Cash From Operating Activities $58.60M $22.00M
YoY Change 166.36% -56.52%
INVESTING ACTIVITIES
Capital Expenditures -$13.20M -$29.10M
YoY Change -54.64% -17.33%
Acquisitions
YoY Change
Other Investing Activities $4.100M
YoY Change -101.85%
Cash From Investing Activities -$13.20M -$25.10M
YoY Change -47.41% -90.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.20M 2.800M
YoY Change -785.71% -98.48%
NET CHANGE
Cash From Operating Activities 58.60M 22.00M
Cash From Investing Activities -13.20M -25.10M
Cash From Financing Activities -19.20M 2.800M
Net Change In Cash 26.20M -300.0K
YoY Change -8833.33% -98.6%
FREE CASH FLOW
Cash From Operating Activities $58.60M $22.00M
Capital Expenditures -$13.20M -$29.10M
Free Cash Flow $71.80M $51.10M
YoY Change 40.51% -40.44%

Facts In Submission

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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-32272000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37330000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
79837000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46777000 USD
us-gaap Nature Of Operations
NatureOfOperations
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dei Entity Registrant Name
EntityRegistrantName
ATLANTIC TELE NETWORK INC /DE
dei Entity Central Index Key
EntityCentralIndexKey
0000879585
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
15554398 shares

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