$FYBR
Frontier Communications Parent, Inc. Stock $fybr

$fybr Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000002052019000008 Filed on May 02, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$2.101B	$2.199B
YoY Change	-4.46%	-6.66%
Cost Of Revenue	$794.0M	$855.0M
YoY Change	-7.13%	-5.52%
Gross Profit	$1.307B	$1.344B
YoY Change	-2.75%	-7.37%
Gross Profit Margin	62.21%	61.12%
Selling, General & Admin	$456.0M	$469.0M
YoY Change	-2.77%	-13.79%
% of Gross Profit	34.89%	34.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$484.0M	$505.0M
YoY Change	-4.16%	-12.78%
% of Gross Profit	37.03%	37.57%
Operating Expenses	$1.762B	$1.833B
YoY Change	-3.87%	63.22%
Operating Profit	$339.0M	$366.0M
YoY Change	-7.38%	15.46%
Interest Expense	$379.0M	$374.0M
YoY Change	1.34%	-197.14%
% of Operating Profit	111.8%	102.19%
Other Income/Expense, Net	-$9.000M	$8.000M
YoY Change	-212.5%
Pretax Income	-$69.00M	$33.00M
YoY Change	-309.09%	-128.95%
Income Tax	$18.00M	$13.00M
% Of Pretax Income		39.39%
Net Earnings	-$87.00M	$20.00M
YoY Change	-535.0%	-126.67%
Net Earnings / Revenue	-4.14%	0.91%
Basic Earnings Per Share	-$0.84	-$0.44
Diluted Earnings Per Share	-$0.84	-$0.44
COMMON SHARES
Basic Shares Outstanding	103.9M	77.42M
Diluted Shares Outstanding	103.9M	77.42M

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$119.0M	$201.0M
YoY Change	-40.8%	-41.06%
Cash & Equivalents	$119.0M	$201.0M
Short-Term Investments
Other Short-Term Assets	$61.00M	$68.00M
YoY Change	-10.29%	-34.62%
Inventory
Prepaid Expenses	$104.0M
Receivables	$715.0M	$787.0M
Other Receivables	$61.00M	$54.00M
Total Short-Term Assets	$1.110B	$1.202B
YoY Change	-7.65%	-13.15%
LONG-TERM ASSETS
Property, Plant & Equipment	$14.03B	$14.39B
YoY Change	-2.49%	-1.53%
Goodwill	$6.383B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$470.0M	$224.0M
YoY Change	109.82%	89.83%
Total Long-Term Assets	$22.25B	$23.48B
YoY Change	-5.21%	-13.26%
TOTAL ASSETS
Total Short-Term Assets	$1.110B	$1.202B
Total Long-Term Assets	$22.25B	$23.48B
Total Assets	$23.36B	$24.68B
YoY Change	-5.33%	-13.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$473.0M	$537.0M
YoY Change	-11.92%	0.94%
Accrued Expenses	$265.0M	$301.0M
YoY Change	-11.96%	-31.28%
Deferred Revenue	$47.00M	$47.00M
YoY Change	0.0%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$393.0M	$1.060B
YoY Change	-62.92%	192.01%
Total Short-Term Liabilities	$2.010B	$2.659B
YoY Change	-24.41%	27.84%
LONG-TERM LIABILITIES
Long-Term Debt	$16.53B	$16.47B
YoY Change	0.34%	-6.03%
Other Long-Term Liabilities	$439.0M	$308.0M
YoY Change	42.53%	-84.64%
Total Long-Term Liabilities	$16.97B	$308.0M
YoY Change	5408.12%	-98.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.010B	$2.659B
Total Long-Term Liabilities	$16.97B	$308.0M
Total Liabilities	$18.98B	$22.28B
YoY Change	-14.84%	-7.63%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.741B	-$2.109B
YoY Change	29.97%
Common Stock	$4.832B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$14.00M
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.535B	$2.396B
YoY Change
Total Liabilities & Shareholders Equity	$23.36B	$24.68B
YoY Change	-5.33%	-13.26%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	-$87.00M	$20.00M
YoY Change	-535.0%	-126.67%
Depreciation, Depletion And Amortization	$484.0M	$505.0M
YoY Change	-4.16%	-12.78%
Cash From Operating Activities	$282.0M	$251.0M
YoY Change	12.35%	-16.33%
INVESTING ACTIVITIES
Capital Expenditures	-$305.0M	-$297.0M
YoY Change	2.69%	-6.01%
Acquisitions
YoY Change
Other Investing Activities	$74.00M	$2.000M
YoY Change	3600.0%	-97.26%
Cash From Investing Activities	-$231.0M	-$289.0M
YoY Change	-20.07%	18.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$1.995B	$1.627B
YoY Change	22.62%
Cash From Financing Activities	-286.0M	-137.0M
YoY Change	108.76%	-42.44%
NET CHANGE
Cash From Operating Activities	282.0M	251.0M
Cash From Investing Activities	-231.0M	-289.0M
Cash From Financing Activities	-286.0M	-137.0M
Net Change In Cash	-235.0M	-175.0M
YoY Change	34.29%	-3.31%
FREE CASH FLOW
Cash From Operating Activities	$282.0M	$251.0M
Capital Expenditures	-$305.0M	-$297.0M
Free Cash Flow	$587.0M	$548.0M
YoY Change	7.12%	-11.04%

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CY2019Q1	us-gaap	Goodwill Goodwill	6383000000
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CY2019Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13000000
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18000000
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CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-286000000
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CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-87000000
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CY2019Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-87000000
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CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	8000000
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-9000000
CY2019Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1
CY2019Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	1833000000
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	1762000000
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	366000000
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	339000000
CY2018Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	297000000
CY2019Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	305000000
CY2019Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	20000000
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	208000000
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	19000000
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	203000000
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0837
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P7Y9M15D
CY2018Q4	us-gaap	Other Assets Current OtherAssetsCurrent	60000000
CY2019Q1	us-gaap	Other Assets Current OtherAssetsCurrent	61000000
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	265000000
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	470000000
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	471000000
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1000000
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	8000000
CY2018Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	1494000000
CY2019Q1	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	1364000000
CY2018Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	394000000
CY2019Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	426000000
CY2019Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	421000000
CY2018Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	281000000
CY2019Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	439000000
CY2019Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	426000000
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	9000000
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CY2018Q4	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	83000000
CY2019Q1	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	82000000
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CY2018Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	53000000
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	26000000
CY2019Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	30000000
CY2018Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-5000000
CY2019Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	11000000
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CY2018Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1750000000
CY2019Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1733000000
CY2019Q1	us-gaap	Pension Contributions PensionContributions	33000000
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CY2019Q1	us-gaap	Restructuring Costs RestructuringCosts	28000000
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CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	53000000
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CY2018Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	86000000
CY2019Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	104000000
CY2019Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	2025000000
CY2018Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1600000000
CY2019Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1650000000
CY2019Q1	us-gaap	Proceeds From Lease Payments ProceedsFromLeasePayments	18000000
CY2019Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	375000000
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CY2017	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	106000000
CY2018	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	106000000
CY2018Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	27657000000
CY2019Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	27924000000
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14187000000
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14034000000
CY2018Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	19000000
CY2019Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	14000000
CY2019Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	2270000000
CY2019Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	275000000
CY2018Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	10000000
CY2019Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	8000000
CY2018Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1627000000
CY2019Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1995000000
CY2018Q4	us-gaap	Restricted Cash RestrictedCash	50000000
CY2019Q1	us-gaap	Restricted Cash RestrictedCash	50000000
CY2018Q1	us-gaap	Restructuring Charges RestructuringCharges	4000000
CY2019Q1	us-gaap	Restructuring Reserve RestructuringReserve	35000000
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CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2741000000
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2749000000
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2102000000
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2009000000
CY2019Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	5055000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	2289000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1489000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	600000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	291000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	169000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	217000000
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2018Q1	us-gaap	Revenues Revenues	2199000000
CY2019Q1	us-gaap	Revenues Revenues	2101000000
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CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3000000
CY2019Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1000000
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	469000000
CY2019Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	456000000
CY2019Q1	us-gaap	Severance Costs1 SeveranceCosts1	15000000
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4000000
CY2019Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	105426000
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77416000
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	103885000
CY2018Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	1445000
CY2019Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	1541000
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	1600000000
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	1535000000
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2274000000
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2396000000
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CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1535000000
CY2018Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2000000
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CY2019Q1	us-gaap	Sublease Income SubleaseIncome	4000000
CY2018Q4	us-gaap	Treasury Stock Value TreasuryStockValue	14000000
CY2019Q1	us-gaap	Treasury Stock Value TreasuryStockValue	14000000
CY2019Q1	us-gaap	Use Of Estimates UseOfEstimates	<div> <div style="margin-left:0pt;margin-right:0pt;"> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:27pt;"><p style="width:27pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-weight:normal;font-family:Times New Roman;font-size:10pt;;"> a)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;font-family:Arial;text-decoration:underline;color:#000000;">Basis of Presentation and Use of Estimates</font><font style="display: inline;font-family:Arial;color:#000000;">:</font></p></td></tr></table></div> <p style="margin:0pt 0pt 0pt 45.35pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;">Frontier Communications Corporation and its subsidiaries are referred to as “we,” “us,” “our,” “Frontier,” or the “Company” in this report. Our interim unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) and should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended December 31, 2018.</font><font style="display: inline;font-family:Arial;color:#000000;"> Certain reclassifications of amounts previously reported have been made to conform to the current presentation. </font><font style="display: inline;font-family:Arial;color:#000000;">All significant intercompany balances and transactions have been eliminated in consolidation.</font><font style="display: inline;font-family:Arial;color:#000000;"> </font><font style="display: inline;font-family:Arial;color:#000000;">These</font><font style="display: inline;font-family:Arial;color:#000000;"> </font><font style="display: inline;font-family:Arial;color:#000000;">interim unaudited consolidated financial statements include all adjustments (consisting of normal recurring accruals) considered necessary, in the opinion of Frontier’s management, to present fairly the results for the interim periods shown. Revenues, net loss and cash flows for any interim periods are not necessarily indicative of results that may be expected for the full year. For our interim financial statements as of and for the period ended March 31, 2019, we evaluated subsequent events and transactions for potential recognition or disclosure through the date that we filed this Form 10-Q with the Securities and Exchange Commission (SEC).</font> </p> <p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:TmsRmn 10pt;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;"></font> </p> <p style="margin:0pt 0pt 0pt 45pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;">The preparation of our interim financial statements in conformity with GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities at the date of the financial statements, (ii) the disclosure of contingent assets and liabilities, and (iii) the reported amounts of revenue and expenses during the reporting period. Actual results may differ from those estimates. Estimates and judgments are used when accounting for the allowance for doubtful accounts, asset impairments, indefinite-lived intangibles, depreciation and amortization, income taxes, and pension and other postretirement benefits, among others.</font> </p> <p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;"></font> </p> <p style="margin:0pt 0pt 0pt 45pt;text-align:justify;text-justify:inter-ideograph;font-family:TmsRmn 10pt;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;">We operate in </font><font style="display: inline;font-family:Arial;color:#000000;">one</font><font style="display: inline;font-family:Arial;color:#000000;"> reportable segment. Frontier provides both regulated and unregulated voice, data and video services to consumer, commercial and wholesale customers and is typically the incumbent voice services provider in its service areas.</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-family:Arial;color:#000000;"></font> </p> <p><font size="1"> </font></p> </div> </div>
CY2019Q1	us-gaap	Variable Lease Cost VariableLeaseCost	3000000
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	77416000
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	103885000
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	77416000
CY2019Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	103885000
CY2018Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	78861000

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2019 Q1 Form 10-Q Financial Statement

#000002052019000008 Filed on May 02, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FYBR Frontier Communications Parent, Inc. Stock $fybr

2019 Q1 Form 10-Q Financial Statement

#000002052019000008 Filed on May 02, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FYBR
Frontier Communications Parent, Inc. Stock $fybr