$CABO
Cable One, Inc.

2017 Q2 Form 10-Q Financial Statement

#000143774917014111 Filed on August 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $241.0M $204.6M
YoY Change 17.84% 0.92%
Cost Of Revenue $84.00M $75.80M
YoY Change 10.82% -4.17%
Gross Profit $156.9M $128.7M
YoY Change 21.91% 4.13%
Gross Profit Margin 65.09% 62.92%
Selling, General & Admin $50.97M $43.48M
YoY Change 17.21% -16.95%
% of Gross Profit 32.48% 33.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $45.90M $34.70M
YoY Change 32.28% -1.98%
% of Gross Profit 29.25% 26.96%
Operating Expenses $50.97M $43.48M
YoY Change 17.21% -16.95%
Operating Profit $57.49M $50.14M
YoY Change 14.67% 40.09%
Interest Expense $11.78M $7.549M
YoY Change 56.07% 657.17%
% of Operating Profit 20.49% 15.06%
Other Income/Expense, Net -$322.0K $183.0K
YoY Change -275.96% 438.24%
Pretax Income $45.39M $43.19M
YoY Change 5.09% 24.02%
Income Tax $17.53M $16.56M
% Of Pretax Income 38.62% 38.34%
Net Earnings $27.86M $26.37M
YoY Change 5.64% 23.04%
Net Earnings / Revenue 11.56% 12.89%
Basic Earnings Per Share $4.91 $4.59
Diluted Earnings Per Share $4.85 $4.57
COMMON SHARES
Basic Shares Outstanding 5.678M 5.743M
Diluted Shares Outstanding 5.746M 5.766M

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.80M $102.7M
YoY Change -12.56% -2.65%
Cash & Equivalents $89.79M $102.7M
Short-Term Investments
Other Short-Term Assets $13.30M $12.20M
YoY Change 9.02% -24.22%
Inventory
Prepaid Expenses $13.26M $12.21M
Receivables $45.80M $31.09M
Other Receivables $16.60M $0.00
Total Short-Term Assets $165.4M $146.0M
YoY Change 13.25% -3.54%
LONG-TERM ASSETS
Property, Plant & Equipment $803.4M $635.2M
YoY Change 26.47% 3.66%
Goodwill $178.4M $85.49M
YoY Change 108.65% 0.0%
Intangibles $971.7M $496.7M
YoY Change 95.62% -0.02%
Long-Term Investments
YoY Change
Other Assets $5.664M $10.40M
YoY Change -45.53% -53.61%
Total Long-Term Assets $1.959B $1.228B
YoY Change 59.56% 0.85%
TOTAL ASSETS
Total Short-Term Assets $165.4M $146.0M
Total Long-Term Assets $1.959B $1.228B
Total Assets $2.124B $1.374B
YoY Change 54.63% 0.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $86.60M $77.90M
YoY Change 11.17% 3.45%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $11.25M $5.000M
YoY Change 125.0% 100.0%
Total Short-Term Liabilities $134.6M $110.5M
YoY Change 21.83% 7.92%
LONG-TERM LIABILITIES
Long-Term Debt $1.168B $547.8M
YoY Change 113.13% 0.05%
Other Long-Term Liabilities $24.40M $218.0K
YoY Change 11092.66% 522.86%
Total Long-Term Liabilities $1.192B $548.0M
YoY Change 117.5% 0.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.6M $110.5M
Total Long-Term Liabilities $1.192B $548.0M
Total Liabilities $1.621B $942.2M
YoY Change 72.09% -1.34%
SHAREHOLDERS EQUITY
Retained Earnings $556.4M $483.7M
YoY Change 15.04% -47.4%
Common Stock $59.00K $59.00K
YoY Change 0.0% 1.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $75.38M $62.50M
YoY Change 20.62%
Treasury Stock Shares $162.8K $154.9K
Shareholders Equity $503.1M $431.7M
YoY Change
Total Liabilities & Shareholders Equity $2.124B $1.374B
YoY Change 54.63% 0.36%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $27.86M $26.37M
YoY Change 5.64% 23.04%
Depreciation, Depletion And Amortization $45.90M $34.70M
YoY Change 32.28% -1.98%
Cash From Operating Activities $52.60M $48.10M
YoY Change 9.36% -21.66%
INVESTING ACTIVITIES
Capital Expenditures -$40.80M -$29.20M
YoY Change 39.73% -21.08%
Acquisitions
YoY Change
Other Investing Activities -$728.0M $300.0K
YoY Change -242766.67%
Cash From Investing Activities -$768.8M -$28.90M
YoY Change 2560.21% -21.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 632.5M -22.50M
YoY Change -2911.11% -131.29%
NET CHANGE
Cash From Operating Activities 52.60M 48.10M
Cash From Investing Activities -768.8M -28.90M
Cash From Financing Activities 632.5M -22.50M
Net Change In Cash -83.70M -3.300M
YoY Change 2436.36% -103.43%
FREE CASH FLOW
Cash From Operating Activities $52.60M $48.10M
Capital Expenditures -$40.80M -$29.20M
Free Cash Flow $93.40M $77.30M
YoY Change 20.83% -21.44%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
cabo Change In Accrued Expenses Related To Capital Expenditures
ChangeInAccruedExpensesRelatedToCapitalExpenditures
1505000
cabo Change In Accrued Expenses Related To Capital Expenditures
ChangeInAccruedExpensesRelatedToCapitalExpenditures
10958000
cabo Income Tax Benefits Due To Certain Spinoff And State Tax Items
IncomeTaxBenefitsDueToCertainSpinoffAndStateTaxItems
2200000
CY2017Q2 cabo Operating Expenses Excluding Depreciation And Amortization
OperatingExpensesExcludingDepreciationAndAmortization
83849000
CY2016Q2 cabo Operating Expenses Excluding Depreciation And Amortization
OperatingExpensesExcludingDepreciationAndAmortization
75672000
cabo Operating Expenses Excluding Depreciation And Amortization
OperatingExpensesExcludingDepreciationAndAmortization
152932000
cabo Operating Expenses Excluding Depreciation And Amortization
OperatingExpensesExcludingDepreciationAndAmortization
152100000
CY2017Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
45812000
CY2016Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
32526000
CY2017Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
86601000
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
82703000
CY2017Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1269144000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1217819000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-442000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-446000
CY2017Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
22514000
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
17669000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
438000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4845000
CY2017Q2 us-gaap Advertising Revenue
AdvertisingRevenue
5970000
CY2016Q2 us-gaap Advertising Revenue
AdvertisingRevenue
6616000
us-gaap Advertising Revenue
AdvertisingRevenue
11592000
us-gaap Advertising Revenue
AdvertisingRevenue
13619000
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2400000
CY2016Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3400000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4800000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6500000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1191000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
809000
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2477
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12098
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1438
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6830
CY2017Q2 us-gaap Assets
Assets
2124494000
CY2016Q4 us-gaap Assets
Assets
1397271000
CY2017Q2 us-gaap Assets Current
AssetsCurrent
165400000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
185937000
CY2017Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
276000
CY2016Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
284000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
138040000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
119199000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89793000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
102741000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-48247000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-16458000
CY2017Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
89793000
CY2016Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
138040000
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5887899
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5887899
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5725095
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5708223
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
59000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
59000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28578000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26605000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
61794000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
53622000
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
182395000
CY2016Q2 us-gaap Costs And Expenses
CostsAndExpenses
154000000
us-gaap Costs And Expenses
CostsAndExpenses
329468000
us-gaap Costs And Expenses
CostsAndExpenses
309422000
CY2017Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
24392000
CY2016Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
24434000
CY2017Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
17900000
CY2016Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
18200000
CY2017Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
21568000
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8148000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7832000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3330000
CY2017Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
36795000
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
22190000
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
6300000
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
294850000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
276297000
CY2017Q2 us-gaap Depreciation
Depreciation
44800000
CY2016Q2 us-gaap Depreciation
Depreciation
34700000
us-gaap Depreciation
Depreciation
83200000
us-gaap Depreciation
Depreciation
69300000
CY2017Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46890000
CY2016Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
34689000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
85295000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
69382000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
85295000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69382000
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.03
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.64
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
10.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.30
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.97
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
10.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.27
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.386
CY2016Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.383
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.379
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.357
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3700000
CY2017Q2 us-gaap Franchise Costs
FranchiseCosts
4000000
CY2016Q2 us-gaap Franchise Costs
FranchiseCosts
3600000
us-gaap Franchise Costs
FranchiseCosts
7500000
us-gaap Franchise Costs
FranchiseCosts
7200000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5686000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-565000
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-462000
CY2016Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-157000
CY2017Q2 us-gaap Goodwill
Goodwill
178374000
CY2016Q4 us-gaap Goodwill
Goodwill
84928000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
46543000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43191000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
99577000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
83529000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17967000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16558000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37787000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29852000
us-gaap Income Taxes Paid
IncomeTaxesPaid
41947000
us-gaap Income Taxes Paid
IncomeTaxesPaid
32615000
CY2017Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
16539000
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4547000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14073000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4974000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1741000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3612000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-23000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
89000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-160000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
11992000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-462000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-944000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1248000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1388000
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
67223
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
22847
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
63426
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
18526
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
971673000
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
497480000
CY2017Q2 us-gaap Interest Expense
InterestExpense
11782000
CY2016Q2 us-gaap Interest Expense
InterestExpense
7549000
us-gaap Interest Expense
InterestExpense
19389000
us-gaap Interest Expense
InterestExpense
15104000
us-gaap Interest Paid
InterestPaid
14031000
us-gaap Interest Paid
InterestPaid
14248000
CY2017Q2 us-gaap Liabilities
Liabilities
1621346000
CY2016Q4 us-gaap Liabilities
Liabilities
942760000
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2124494000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1397271000
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
134646000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
111143000
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
1200276000
CY2017Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1167458000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
530886000
CY2017Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1200276000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
545284000
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
11250000
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6250000
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1102700000
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
30017000
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
26892000
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20642000
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
14392000
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
5633000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
616700000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-66516000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-795806000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-75522000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
130859000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
125580000
us-gaap Net Income Loss
NetIncomeLoss
61790000
us-gaap Net Income Loss
NetIncomeLoss
53677000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
28576000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
26633000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2017Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
21
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
58647000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
50557000
us-gaap Operating Income Loss
OperatingIncomeLoss
119001000
us-gaap Operating Income Loss
OperatingIncomeLoss
97940000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5664000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9305000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2000
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-28000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-55000
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-322000
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
183000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-35000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
693000
CY2017Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
3084000
CY2016Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
2459000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
5404000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
4828000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
399000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
46511000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15224000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
us-gaap Payments Of Dividends
PaymentsOfDividends
17165000
us-gaap Payments Of Dividends
PaymentsOfDividends
17303000
CY2017Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
100000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
438000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
728783000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76430000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
65023000
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
13256000
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10824000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
750000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-5066000
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-1444000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10912000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
459000
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2072527000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1837440000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
803383000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
619621000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
95008000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1258000
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
556401000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
511776000
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
241042000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
204557000
us-gaap Sales Revenue Net
SalesRevenueNet
448469000
us-gaap Sales Revenue Net
SalesRevenueNet
407362000
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
51194000
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
43482000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
96927000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
87375000
us-gaap Share Based Compensation
ShareBasedCompensation
4845000
us-gaap Share Based Compensation
ShareBasedCompensation
6466000
CY2017Q2 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
149
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
666
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
CY2015Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000
CY2015Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
600000
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
503148000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
454511000
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
162804
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5769859
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
613000
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
179676
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
165633
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
700
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
75384000
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
74547000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
73100000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
399000
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Use of Estimates. </div>The preparation of the Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported herein. Management bases its estimates and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>be affected by changes in those estimates and underlying assumptions.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Change in Accounting Estimate.</div> As a result of additional information available from new systems and processes, the Company changed its accounting estimate related to the capitalization of certain internal labor and related costs associated with construction and customer installation activities beginning in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> Capitalized labor costs increased <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$5.1</div> million in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">second</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> compared to the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">second</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$11.0</div> million for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">six</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2017 </div>compared to the year ago period as a result of the change in estimate.</div></div></div></div>
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5745617
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5766312
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5740837
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5788385
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5678394
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5743465
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5677411

Files In Submission

Name View Source Status
0001437749-17-014111-index-headers.html Edgar Link pending
0001437749-17-014111-index.html Edgar Link pending
0001437749-17-014111.txt Edgar Link pending
0001437749-17-014111-xbrl.zip Edgar Link pending
cabo-20170630.xml Edgar Link completed
cabo-20170630.xsd Edgar Link pending
cabo-20170630_cal.xml Edgar Link unprocessable
cabo-20170630_def.xml Edgar Link unprocessable
cabo-20170630_lab.xml Edgar Link unprocessable
cabo-20170630_pre.xml Edgar Link unprocessable
cabo20170630_10q.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending