2013 Q4 Form 10-K Financial Statement

#000114420415012061 Filed on February 26, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $98.21M $100.6M $94.68M
YoY Change 6.42% 0.13% -2.71%
Cost Of Revenue $28.40M $14.78M $14.21M
YoY Change 11.81% -47.6% -11.15%
Gross Profit $69.80M $85.79M $80.48M
YoY Change 4.33% 18.83% -1.05%
Gross Profit Margin 71.07% 85.31% 85.0%
Selling, General & Admin $20.20M $18.29M $18.40M
YoY Change 34.67% 10.85% 2.39%
% of Gross Profit 28.94% 21.32% 22.86%
Research & Development $4.600M $3.125M $1.741M
YoY Change 64.29% -13.19% -49.23%
% of Gross Profit 6.59% 3.64% 2.16%
Depreciation & Amortization $75.00M $19.38M $18.60M
YoY Change -7.52% -5.48% 1.25%
% of Gross Profit 107.45% 22.59% 23.11%
Operating Expenses $43.60M $71.12M $65.84M
YoY Change 21.45% 75.17% -4.65%
Operating Profit $26.26M $29.45M $28.85M
YoY Change -15.37% -7.06% 2.03%
Interest Expense $400.0K $600.0K $600.0K
YoY Change -20.0% 100.0% 500.0%
% of Operating Profit 1.52% 2.04% 2.08%
Other Income/Expense, Net $7.700M -$2.430M -$2.248M
YoY Change -333.33% -2.8% -9.79%
Pretax Income $34.40M $27.02M $26.60M
YoY Change 21.99% -8.4% 3.17%
Income Tax $18.80M $10.44M $11.19M
% Of Pretax Income 54.65% 38.62% 42.06%
Net Earnings $15.59M $16.59M $15.41M
YoY Change -6.74% -7.03% -12.74%
Net Earnings / Revenue 15.87% 16.49% 16.28%
Basic Earnings Per Share $0.18 $0.19 $0.18
Diluted Earnings Per Share $0.18 $0.19 $0.18
COMMON SHARES
Basic Shares Outstanding 76.66M shares 76.96M shares 76.90M shares
Diluted Shares Outstanding 87.59M shares 87.53M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $263.0M $270.3M $275.7M
YoY Change 3.37% 42.73% 65.39%
Cash & Equivalents $186.3M $197.0M $196.8M
Short-Term Investments $76.65M $73.33M $91.40M
Other Short-Term Assets $22.30M $14.50M $15.00M
YoY Change -14.23% -3.33% -4.46%
Inventory $29.53M $28.19M $28.90M
Prepaid Expenses
Receivables $54.76M $64.55M $55.10M
Other Receivables $0.00 $900.0K $1.300M
Total Short-Term Assets $369.6M $378.5M $376.0M
YoY Change 0.65% 31.51% 42.05%
LONG-TERM ASSETS
Property, Plant & Equipment $1.576B $1.451B $1.346B
YoY Change 30.14% 43.64% 33.4%
Goodwill $87.04M $87.04M
YoY Change 0.0%
Intangibles $57.45M $60.72M
YoY Change -18.51%
Long-Term Investments
YoY Change
Other Assets $8.909M $7.708M $202.0M
YoY Change 205.94% -95.47% 29.9%
Total Long-Term Assets $1.940B $1.815B $1.699B
YoY Change 25.24% 35.34% 27.89%
TOTAL ASSETS
Total Short-Term Assets $369.6M $378.5M $376.0M
Total Long-Term Assets $1.940B $1.815B $1.699B
Total Assets $2.310B $2.194B $2.075B
YoY Change 20.53% 34.66% 30.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.93M $9.156M $14.90M
YoY Change -6.51% -33.65% -69.15%
Accrued Expenses $47.20M $56.90M $42.10M
YoY Change 47.04% 31.11% 17.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $101.5M $110.3M $101.1M
YoY Change 14.49% 12.07% -17.78%
LONG-TERM LIABILITIES
Long-Term Debt $1.039B $936.3M $853.6M
YoY Change 38.23% 58.99% 50.28%
Other Long-Term Liabilities $3.385M $20.43M $20.60M
YoY Change -75.46% -36.35% -36.42%
Total Long-Term Liabilities $3.385M $20.43M $20.60M
YoY Change -75.46% -96.71% -96.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $101.5M $110.3M $101.1M
Total Long-Term Liabilities $3.385M $20.43M $20.60M
Total Liabilities $1.370B $1.269B $1.167B
YoY Change 31.79% 46.8% 36.07%
SHAREHOLDERS EQUITY
Retained Earnings $138.8M $125.0M $110.2M
YoY Change 66.62%
Common Stock $77.00K $77.00K $77.00K
YoY Change 1.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $939.5M $925.2M $907.6M
YoY Change
Total Liabilities & Shareholders Equity $2.310B $2.194B $2.075B
YoY Change 20.53% 34.66% 30.24%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $15.59M $16.59M $15.41M
YoY Change -6.74% -7.03% -12.74%
Depreciation, Depletion And Amortization $75.00M $19.38M $18.60M
YoY Change -7.52% -5.48% 1.25%
Cash From Operating Activities $38.70M $44.00M $43.10M
YoY Change -6.3% 1.62% -18.68%
INVESTING ACTIVITIES
Capital Expenditures -$140.1M -$111.7M -$132.5M
YoY Change -36.43% 222.83% -12.77%
Acquisitions
YoY Change
Other Investing Activities -$3.400M $5.500M -$12.70M
YoY Change 78.95%
Cash From Investing Activities -$143.5M -$106.2M -$145.2M
YoY Change -35.42% 206.94% -4.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 94.10M 62.30M 93.70M
YoY Change -61.73% 341.84% -20.99%
NET CHANGE
Cash From Operating Activities 38.70M 44.00M 43.10M
Cash From Investing Activities -143.5M -106.2M -145.2M
Cash From Financing Activities 94.10M 62.30M 93.70M
Net Change In Cash -10.70M 100.0K -8.400M
YoY Change -116.46% -99.56% -142.64%
FREE CASH FLOW
Cash From Operating Activities $38.70M $44.00M $43.10M
Capital Expenditures -$140.1M -$111.7M -$132.5M
Free Cash Flow $178.8M $155.7M $175.6M
YoY Change -31.68% 99.87% -14.3%

Facts In Submission

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CY2012 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
10232000 USD
CY2013 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
7708000 USD
CY2014 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
5825000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-896000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6003000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4274000 USD
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10056000 USD
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
571000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6459000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
95018000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
110465000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
116452000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30387000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47948000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41463000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
64631000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
62517000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
74989000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
62939000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
55517000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
62669000 USD
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74239000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76909000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88080000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78182000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
87511000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109400000 shares
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.72
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-132000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-322000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2325000 USD
CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-10000 USD
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
94000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
64499000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
62185000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
72758000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
25527000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
177011000 USD
CY2013Q4 irdm Available For Sale Securities Debt Maturities Rolling After One Year Within Three Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterOneYearWithinThreeYearsAmortizedCostBasis
51136000 USD
CY2014Q4 irdm Available For Sale Securities Debt Maturities Rolling After One Year Within Three Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterOneYearWithinThreeYearsAmortizedCostBasis
83991000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
25527000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
177145000 USD
CY2013Q4 irdm Available For Sale Securities Debt Maturities Rolling After One Year Within Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterOneYearWithinThreeYearsFairValue
51120000 USD
CY2014Q4 irdm Available For Sale Securities Debt Maturities Rolling After One Year Within Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterOneYearWithinThreeYearsFairValue
83991000 USD
CY2013Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
76663000 USD
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
261002000 USD
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
500000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1000000 shares
CY2014Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
100
CY2013Q4 us-gaap Land
Land
8037000 USD
CY2014Q4 us-gaap Land
Land
8037000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2014Q4 irdm Long Term Minimum Debt Service Reserve Required To Maintain In Next Twelve Months
LongTermMinimumDebtServiceReserveRequiredToMaintainInNextTwelveMonths
91000000 USD
CY2014Q4 irdm Long Term Minimum Debt Service Reserve Required To Maintain In Next Two Years
LongTermMinimumDebtServiceReserveRequiredToMaintainInNextTwoYears
113000000 USD
CY2014Q4 irdm Long Term Minimum Debt Service Reserve Required To Maintain In Next Three Years
LongTermMinimumDebtServiceReserveRequiredToMaintainInNextThreeYears
189000000 USD
CY2010Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1800000000 USD
CY2012 us-gaap Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
25500000 USD
CY2012 irdm Interest Incurred Deemed Loan
InterestIncurredDeemedLoan
17800000 USD
CY2014 irdm Percentage Of Additional Amount Drawn To Cover Policy Premium
PercentageOfAdditionalAmountDrawnToCoverPolicyPremium
0.0649 pure
CY2014 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0080 pure
CY2014 irdm Percentage Of Costs Under Development Contract
PercentageOfCostsUnderDevelopmentContract
0.85 pure
CY2014Q4 irdm Minimum Required Cash Reserve Balance For Credit Facility
MinimumRequiredCashReserveBalanceForCreditFacility
86000000 USD
CY2014 irdm Minimum Cash Balance Under Line Of Credit
MinimumCashBalanceUnderLineOfCredit
25000000 USD
CY2014 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
a debt-to-equity ratio, which is calculated as the ratio of total net debt to the aggregate of total net debt and total stockholders&#8217; equity, of no more than 0.7 to 1, measured each June 30 and December 31;specified maximum levels of annual capital expenditures (excluding expenditures on the construction of Iridium NEXT satellites) through the year ending December 31, 2024;specified minimum levels of consolidated operational earnings before interest, taxes, depreciation and amortization, or operational EBITDA, for the 12-month periods ending each December 31 and June 30 through December 31, 2017;specified minimum cash flow requirements from customers who have hosted payloads on our satellites during the 12-month periods ending each December 31 and June 30, beginning June 30, 2016 and ending on December 31, 2017;a debt service coverage ratio, measured during the repayment period, of not less than 1 to 1.5; and specified maximum leverage levels during the repayment period that decline from a ratio of 4.73 to 1 for the twelve months ending June 30, 2018 to a ratio of 2.36 to 1 for the twelve months ending December 31, 2024.
CY2014Q4 irdm Available Cash Balance As Defined Under Line Of Credit
AvailableCashBalanceAsDefinedUnderLineOfCredit
290200000 USD
CY2014Q4 irdm Available Cure Balance As Defined Under Line Of Credit
AvailableCureBalanceAsDefinedUnderLineOfCredit
7500000 USD
CY2012 irdm Satellite Operations And Maintenance Costs
SatelliteOperationsAndMaintenanceCosts
31900000 USD
CY2013 irdm Satellite Operations And Maintenance Costs
SatelliteOperationsAndMaintenanceCosts
30100000 USD
CY2014 irdm Satellite Operations And Maintenance Costs
SatelliteOperationsAndMaintenanceCosts
30700000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
500147000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
517319000 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
296716000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
339155000 USD
CY2013Q4 irdm Property Plant And Equipment Net Excluding Construction In Process And Land
PropertyPlantAndEquipmentNetExcludingConstructionInProcessAndLand
203431000 USD
CY2014Q4 irdm Property Plant And Equipment Net Excluding Construction In Process And Land
PropertyPlantAndEquipmentNetExcludingConstructionInProcessAndLand
178164000 USD
CY2013Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1341148000 USD
CY2014Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1755974000 USD
CY2013Q4 irdm Other Construction In Process
OtherConstructionInProcess
22963000 USD
CY2014Q4 irdm Other Construction In Process
OtherConstructionInProcess
29664000 USD
CY2012 us-gaap Depreciation
Depreciation
68100000 USD
CY2013 us-gaap Depreciation
Depreciation
62000000 USD
CY2014 us-gaap Depreciation
Depreciation
62700000 USD
CY2013Q4 irdm Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
35225000 USD
CY2014Q4 irdm Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
35225000 USD
CY2013Q4 irdm Indefinite Lived Intangible Assets Accumulated Amortization
IndefiniteLivedIntangibleAssetsAccumulatedAmortization
0 USD
CY2014Q4 irdm Indefinite Lived Intangible Assets Accumulated Amortization
IndefiniteLivedIntangibleAssetsAccumulatedAmortization
0 USD
CY2013Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
35225000 USD
CY2014Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
35225000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
76713000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
76713000 USD
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
111938000 USD
CY2014Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
111938000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
54486000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
64522000 USD
CY2013Q4 irdm Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
54486000 USD
CY2014Q4 irdm Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
64522000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22227000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12191000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
702018000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8150000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7749000 USD
CY2014Q4 irdm Construction In Progress Funded By Credit Facility
ConstructionInProgressFundedByCreditFacility
1129800000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.42 pure
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
21564000 USD
CY2014 irdm Lease Extended Period
LeaseExtendedPeriod
2024
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3200000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3200000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3300000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10860000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
96499000 USD
CY2012 irdm Stock Issued Upon Exercise Of Warrants
StockIssuedUponExerciseOfWarrants
9114000 USD
CY2013 irdm Stock Issued Upon Exercise Of Warrants
StockIssuedUponExerciseOfWarrants
4000 USD
CY2012 irdm Stock Issued During Period Value Exchange Of Warrants
StockIssuedDuringPeriodValueExchangeOfWarrants
-2073000 USD
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
26000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
87000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-10000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
94000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
876558000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
995000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
995000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
995000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
995000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
995000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7216000 USD
CY2014Q4 irdm Finite Lived Intangible Assets Total Amortization Expense
FiniteLivedIntangibleAssetsTotalAmortizationExpense
12191000 USD
CY2014 irdm Intellectual Property Useful Life
IntellectualPropertyUsefulLife
P16Y6M
CY2014 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y6M
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13000000 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13000000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10000000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3051000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2782000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2890000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2972000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3055000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
6814000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.41 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.41 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.45 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.42 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.43 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0078 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0058 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0110 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0117 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0193 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0235 pure
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6183000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1163000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
414000 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
189000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
72000 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.85
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
8.36
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.98
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6671000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4626000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6634000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.89
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-826000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3332000 USD
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.11
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.68
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.05
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.97
CY2014Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
5100000 USD
CY2013 us-gaap Inventory Write Down
InventoryWriteDown
1479000 USD
CY2014 us-gaap Inventory Write Down
InventoryWriteDown
931000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
7.69
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y2M16D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y10M2D
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13783000 USD
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
7856000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
13674000 USD
irdm Quarterly Vesting Percentage
QuarterlyVestingPercentage
0.33 pure
CY2014 irdm Quarterly Vesting Percentage
QuarterlyVestingPercentage
0.34 pure
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6000000 USD
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6000000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4300000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.31
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.60
CY2014 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M24D
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6700000 USD
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6300000 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4600000 USD
CY2012 us-gaap Restricted Stock Expense
RestrictedStockExpense
2100000 USD
CY2013 us-gaap Restricted Stock Expense
RestrictedStockExpense
1700000 USD
CY2014 us-gaap Restricted Stock Expense
RestrictedStockExpense
6500000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29549000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
47095000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
40226000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
7332000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
6715000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
9601000 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
722000 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-525000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
13000 USD
CY2012 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4130000 USD
CY2012 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2013 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
546000 USD
CY2014 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
709000 USD
CY2012 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
0 USD
CY2013 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
-82000 USD
CY2014 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
0 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-561000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1901000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3855000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11199000 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4633000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-251000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
200000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7684000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1520000 USD
CY2012 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-28000 USD
CY2013 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-3617000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-679000 USD
CY2012 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-364000 USD
CY2013 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
4328000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
2926000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
136366000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
254418000 USD
CY2012 us-gaap Interest Paid
InterestPaid
6971000 USD
CY2013 us-gaap Interest Paid
InterestPaid
11255000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
464000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5603000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2636000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-6400000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
9694000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
634000 USD
CY2012 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
7310000 USD
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
5612000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10603000 USD
CY2012 irdm Increase Decreasee In Accrued Satellite And Network Operation Expense Net Of Current Portion
IncreaseDecreaseeInAccruedSatelliteAndNetworkOperationExpenseNetOfCurrentPortion
-1338000 USD
CY2013 irdm Increase Decreasee In Accrued Satellite And Network Operation Expense Net Of Current Portion
IncreaseDecreaseeInAccruedSatelliteAndNetworkOperationExpenseNetOfCurrentPortion
-1338000 USD
CY2014 irdm Increase Decreasee In Accrued Satellite And Network Operation Expense Net Of Current Portion
IncreaseDecreaseeInAccruedSatelliteAndNetworkOperationExpenseNetOfCurrentPortion
-1338000 USD
CY2012 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
263000 USD
CY2013 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-10411000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-100000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
174023000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
183048000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
214872000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
441654000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
403547000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
441065000 USD
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
126408000 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
275819000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
49119000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
90630000 USD
CY2012 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1888000 USD
CY2013 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5000000 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-443542000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-485836000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-626254000 USD
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
334654000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
287416000 USD
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
252198000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
22168000 USD
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
18716000 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
17580000 USD
CY2012 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
9114000 USD
CY2013 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
3000 USD
CY2014 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
43000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
25000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1508000 USD
CY2012 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2012 irdm Payment Of Warrant Conversion Costs
PaymentOfWarrantConversionCosts
2073000 USD
CY2013 irdm Payment Of Warrant Conversion Costs
PaymentOfWarrantConversionCosts
0 USD
CY2014 irdm Payment Of Warrant Conversion Costs
PaymentOfWarrantConversionCosts
0 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
387571000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
234712000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
438844000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
118052000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-68076000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
24907000 USD
CY2013 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10690000 USD
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16566000 USD
CY2012 irdm Interest Capitalized But Not Paid
InterestCapitalizedButNotPaid
5359000 USD
CY2013 irdm Interest Capitalized But Not Paid
InterestCapitalizedButNotPaid
7989000 USD
CY2014 irdm Interest Capitalized But Not Paid
InterestCapitalizedButNotPaid
9589000 USD
CY2012 irdm Capitalized Paid In Kind Interest
CapitalizedPaidInKindInterest
16059000 USD
CY2013 irdm Capitalized Paid In Kind Interest
CapitalizedPaidInKindInterest
25715000 USD
CY2014 us-gaap Interest Paid
InterestPaid
15009000 USD
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
348000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2920000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
184000 USD
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3516000 USD
CY2014 irdm Capitalized Paid In Kind Interest
CapitalizedPaidInKindInterest
34147000 USD
CY2012 irdm Capitalized Amortization Of Deferred Financing Costs
CapitalizedAmortizationOfDeferredFinancingCosts
3896000 USD
CY2013 irdm Capitalized Amortization Of Deferred Financing Costs
CapitalizedAmortizationOfDeferredFinancingCosts
12475000 USD
CY2014 irdm Capitalized Amortization Of Deferred Financing Costs
CapitalizedAmortizationOfDeferredFinancingCosts
11174000 USD
CY2012 irdm Stock Based Compensation Capitalized
StockBasedCompensationCapitalized
819000 USD
CY2013 irdm Stock Based Compensation Capitalized
StockBasedCompensationCapitalized
1034000 USD
CY2014 irdm Stock Based Compensation Capitalized
StockBasedCompensationCapitalized
1259000 USD
CY2012 irdm Contribution Of Fixed Assets To Equity Method Investment
ContributionOfFixedAssetsToEquityMethodInvestment
1353000 USD
CY2013 irdm Contribution Of Fixed Assets To Equity Method Investment
ContributionOfFixedAssetsToEquityMethodInvestment
0 USD
CY2014 irdm Contribution Of Fixed Assets To Equity Method Investment
ContributionOfFixedAssetsToEquityMethodInvestment
0 USD
CY2014 irdm Defined Contribution Plan Employee Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployeeMatchingContributionAnnualVestingPercentage
1 pure
CY2014 irdm Maximum Employee Contribution Percentage
MaximumEmployeeContributionPercentage
1 pure
CY2014 irdm Maximum Deferral Contribution Percentage
MaximumDeferralContributionPercentage
0.05 pure
CY2012 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1300000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
94719000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
111685000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
115858000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
299000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1220000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
594000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-47000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-12000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
50000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
96000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-90000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
849000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
723000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1260000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
898000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
718000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1220000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
30014000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
39041000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
40155000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-610000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
8240000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-77000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
85000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-51000 USD
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
866000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9048000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4991000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
165000 USD
CY2012 irdm Deferred Income Tax Provision
DeferredIncomeTaxProvision
29489000 USD
CY2013 irdm Deferred Income Tax Provision
DeferredIncomeTaxProvision
47230000 USD
CY2014 irdm Deferred Income Tax Provision
DeferredIncomeTaxProvision
40243000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
33256000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
38668000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
40766000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3837000 USD
CY2012 irdm Income Tax Reconciliation State Tax Valuation Allowance
IncomeTaxReconciliationStateTaxValuationAllowance
1943000 USD
CY2013 irdm Income Tax Reconciliation State Tax Valuation Allowance
IncomeTaxReconciliationStateTaxValuationAllowance
3151000 USD
CY2014 irdm Income Tax Reconciliation State Tax Valuation Allowance
IncomeTaxReconciliationStateTaxValuationAllowance
380000 USD
CY2012 irdm Income Tax Reconciliation Arizona Tax Law Change
IncomeTaxReconciliationArizonaTaxLawChange
-9524000 USD
CY2013 irdm Income Tax Reconciliation Arizona Tax Law Change
IncomeTaxReconciliationArizonaTaxLawChange
-3975000 USD
CY2014 irdm Income Tax Reconciliation Arizona Tax Law Change
IncomeTaxReconciliationArizonaTaxLawChange
-5525000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
414000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1185000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
903000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-45000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-146000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
0 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
223000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-849000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-994000 USD
CY2012 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
283000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
942000 USD
CY2013Q4 irdm Deferred Tax Assets Long Term Contracts
DeferredTaxAssetsLongTermContracts
33988000 USD
CY2014Q4 irdm Deferred Tax Assets Long Term Contracts
DeferredTaxAssetsLongTermContracts
49207000 USD
CY2013Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
4086000 USD
CY2014Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
6357000 USD
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
133190000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
133021000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
21571000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
24571000 USD
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
192835000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
213156000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6567000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6806000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
186268000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
206350000 USD
CY2013Q4 irdm Deferred Tax Liabilities Fixed Assets And Intangibles
DeferredTaxLiabilitiesFixedAssetsAndIntangibles
58220000 USD
CY2014Q4 irdm Deferred Tax Liabilities Fixed Assets And Intangibles
DeferredTaxLiabilitiesFixedAssetsAndIntangibles
95797000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
318340000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
335833000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3457000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
8753000 USD
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
380017000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
440383000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
193749000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
234033000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1405000 USD
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
74946000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
54000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
-51000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
8000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1300000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
2300000 USD
CY2014Q4 irdm Foreign Tax Credit Carry Forward Valuation Allowance Increase
ForeignTaxCreditCarryForwardValuationAllowanceIncrease
700000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
64577000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
62471000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
66000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1150000 USD
CY2014Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
4400000 USD
CY2012 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
54000 USD
CY2013 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
46000 USD
CY2014 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
43000 USD
CY2012 irdm Numerator For Basic Net Income Loss Per Share
NumeratorForBasicNetIncomeLossPerShare
62885000 USD
CY2013 irdm Numerator For Basic Net Income Loss Per Share
NumeratorForBasicNetIncomeLossPerShare
55471000 USD
CY2014 irdm Numerator For Basic Net Income Loss Per Share
NumeratorForBasicNetIncomeLossPerShare
62626000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
89189000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
98032000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
94684000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
102521000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
100569000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
107493000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
98207000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
100511000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
25338000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
28344000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28848000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
29713000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
29451000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
33013000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
26257000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
31841000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
14934000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
16543000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
15413000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
15019000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
16585000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
20388000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
15585000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
23039000 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Entity Registrant Name
EntityRegistrantName
Iridium Communications Inc.
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001418819
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q2 dei Entity Public Float
EntityPublicFloat
673600000 USD
CY2014 dei Trading Symbol
TradingSymbol
IRDM
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
93978398 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2013Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
7000000 USD
CY2014Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
20689000 USD
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2012 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2014Q4 us-gaap Preferred Stock Share Subscriptions
PreferredStockShareSubscriptions
500000 shares
CY2014 irdm Proceeds From Issuance Of Common Stock Gross
ProceedsFromIssuanceOfCommonStockGross
50000000 USD
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2014 irdm Stock Issued During Period Value Issuance Of Common Stock
StockIssuedDuringPeriodValueIssuanceOfCommonStock
98897000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-962000 USD
CY2012 irdm Cash Restricted For Debt Service Reserve Increases
CashRestrictedForDebtServiceReserveIncreases
27079000 USD
CY2013 irdm Cash Restricted For Debt Service Reserve Increases
CashRestrictedForDebtServiceReserveIncreases
26990000 USD
CY2014 irdm Cash Restricted For Debt Service Reserve Increases
CashRestrictedForDebtServiceReserveIncreases
15889000 USD
CY2012 irdm Cash Restricted For Debt Service Reserve Decreases
CashRestrictedForDebtServiceReserveDecreases
0 USD
CY2013 irdm Cash Restricted For Debt Service Reserve Decreases
CashRestrictedForDebtServiceReserveDecreases
0 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
98897000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2555000 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0 USD
CY2014 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2013 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2014 irdm Invoice Received Payment Term Description
InvoiceReceivedPaymentTermDescription
The Company currently uses the Credit Facility to pay 85% of each invoice received from Thales under the FSD, with the remaining 15% funded from cash on hand. Once the Credit Facility is fully drawn, the Company expects to pay 100% of each invoice received from Thales from cash and marketable securities on hand as well as internally generated cash flow
CY2014 irdm Line Of Credit Facility Delay Of Contributions To Debt Service Reserve Account Description
LineOfCreditFacilityDelayOfContributionsToDebtServiceReserveAccountDescription
The Supplemental Agreement includes revised financial covenant levels. The Supplemental Agreement also delays, until 2017, a portion of the contributions that the Company had been scheduled to make during 2014, 2015 and 2016 to the debt service reserve account that the Company is required to maintain under the Credit Facility. The Supplemental Agreement delays $22 million of the Companys 2014 contributions, $22 million of the Companys 2015 contributions and $32 million of the Companys 2016 contributions, for a total of $76 million
CY2014Q1 irdm Line Of Credit Facility Minimum Cash Reserve Required Prior To Execution Of Supplemental Agreement
LineOfCreditFacilityMinimumCashReserveRequiredPriorToExecutionOfSupplementalAgreement
94500000 USD
CY2014Q2 irdm Line Of Credit Facility Minimum Cash Reserve Required After To Execution Of Supplemental Agreement
LineOfCreditFacilityMinimumCashReserveRequiredAfterToExecutionOfSupplementalAgreement
83500000 USD
CY2014Q2 irdm Cash Restricted For Debt Service Reserve Decrease
CashRestrictedForDebtServiceReserveDecrease
11000000 USD
CY2014Q4 irdm Common Stock Purchase Price Per Share
CommonStockPurchasePricePerShare
6.50
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2014 us-gaap Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
50756000 USD
CY2014 irdm Line Of Credit Facility Interest Payments During Period
LineOfCreditFacilityInterestPaymentsDuringPeriod
49156000 USD
CY2013Q4 irdm Interest Payable Current Cash
InterestPayableCurrentCash
2446000 USD
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
450000 USD
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
316000 USD
CY2013Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
45000 USD
CY2014 irdm Interest Incurred Cash
InterestIncurredCash
15499000 USD
CY2014 irdm Interest Payments Cash
InterestPaymentsCash
15009000 USD
CY2014Q4 irdm Interest Payable Current Cash
InterestPayableCurrentCash
2936000 USD
CY2014 irdm Interest Incurred Deemed Loan
InterestIncurredDeemedLoan
35257000 USD
CY2014 irdm Interest Payments Deemed Loan
InterestPaymentsDeemedLoan
34147000 USD
CY2014Q4 irdm Interest Payable Currentdeemedloan
InterestPayableCurrentdeemedloan
6653000 USD
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5365000 USD
CY2013 us-gaap Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
39594000 USD
CY2013 irdm Line Of Credit Facility Interest Payments During Period
LineOfCreditFacilityInterestPaymentsDuringPeriod
36970000 USD
CY2012Q4 irdm Interest Payable Current Cash
InterestPayableCurrentCash
1630000 USD
CY2013 irdm Interest Incurred Cash
InterestIncurredCash
12071000 USD
CY2013 irdm Interest Payments Cash
InterestPaymentsCash
11255000 USD
CY2013 irdm Interest Incurred Deemed Loan
InterestIncurredDeemedLoan
27523000 USD
CY2013 irdm Interest Payments Deemed Loan
InterestPaymentsDeemedLoan
25715000 USD
CY2013Q4 irdm Interest Payable Currentdeemedloan
InterestPayableCurrentdeemedloan
5543000 USD
CY2013Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
61000 USD
CY2010 irdm Percentage Of Company Obligations Insured
PercentageOfCompanyObligationsInsured
0.95 pure
CY2014 us-gaap Line Of Credit Facility Frequency Of Payment And Payment Terms
LineOfCreditFacilityFrequencyOfPaymentAndPaymentTerms
Scheduled semi-annual principal repayments will begin six months after the earlier of (i) the successful deployment of a specified number of Iridium NEXT satellites or (ii) September 30, 2017.
CY2012Q4 irdm Interest Payable Currentdeemedloan
InterestPayableCurrentdeemedloan
3735000 USD
CY2014Q4 irdm Unrecognized Tax Benefits Expected Reverse Rolling Twelve Months
UnrecognizedTaxBenefitsExpectedReverseRollingTwelveMonths
300000 USD
CY2014Q4 irdm Amount Offset In Warranty Related Initiatives
AmountOffsetInWarrantyRelatedInitiatives
1800000 USD
CY2012 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
43000 USD
CY2013 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
25000 USD
CY2014 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
1508000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-132000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-322000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-2325000 USD
CY2014 irdm Cash Restricted For Debt Service Reserve Decreases
CashRestrictedForDebtServiceReserveDecreases
11009000 USD

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