$IRDM
Iridium Communications Inc. Stock $irdm

$irdm Overview Financials Valuation SEC Filings Company Website

2017 Q4 Form 10-Q Financial Statement

#000162828017010171 Filed on October 26, 2017

Income Statement

Concept	2017 Q4	2017 Q3	2016 Q3
Revenue	$115.5M	$116.5M	$112.8M
YoY Change	7.46%	3.33%	6.38%
Cost Of Revenue	$32.50M	$12.19M	$11.48M
YoY Change	19.49%	6.19%	-0.72%
Gross Profit	$83.00M	$104.4M	$101.3M
YoY Change	3.36%	3.0%	7.24%
Gross Profit Margin	71.88%	89.54%	89.83%
Selling, General & Admin	$26.30M	$18.47M	$18.77M
YoY Change	17.41%	-1.58%	7.03%
% of Gross Profit	31.69%	17.7%	18.52%
Research & Development	$5.000M	$3.981M	$5.038M
YoY Change	11.11%	-20.98%	44.77%
% of Gross Profit	6.02%	3.81%	4.97%
Depreciation & Amortization	$28.80M	$22.94M	$11.81M
YoY Change	144.07%	94.29%	-8.68%
% of Gross Profit	34.7%	21.99%	11.66%
Operating Expenses	$60.10M	$22.45M	$23.81M
YoY Change	55.3%	-5.68%	-59.99%
Operating Profit	-$13.95M	$38.08M	$49.77M
YoY Change	-133.54%	-23.48%	6.94%
Interest Expense	$1.400M	$1.200M	$19.80M
YoY Change	100.0%	-93.94%	18.56%
% of Operating Profit		3.15%	39.78%
Other Income/Expense, Net	-$100.0K	$1.226M	$434.0K
YoY Change	-66.67%	182.49%	-169.66%
Pretax Income	-$12.60M	$39.31M	$50.20M
YoY Change	-130.07%	-21.7%	9.33%
Income Tax	$0.00	$10.06M	$18.65M
% Of Pretax Income		25.58%	37.14%
Net Earnings	$141.9M	$29.25M	$31.56M
YoY Change	488.63%	-7.3%	6.8%
Net Earnings / Revenue	122.87%	25.1%	27.98%
Basic Earnings Per Share	$1.40	$0.26	$0.29
Diluted Earnings Per Share	$1.10	$0.23	$0.26
COMMON SHARES
Basic Shares Outstanding	97.97M shares	98.29M shares	96.07M shares
Diluted Shares Outstanding		127.2M shares	123.7M shares

Balance Sheet

Concept	2017 Q4	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$297.6M	$350.4M	$426.4M
YoY Change	-27.5%	-17.82%	-16.82%
Cash & Equivalents	$285.9M	$330.1M	$374.0M
Short-Term Investments	$21.60M	$27.90M	$57.60M
Other Short-Term Assets	$25.30M	$23.80M	$21.80M
YoY Change	-17.59%	9.17%	-18.66%
Inventory	$20.07M	$17.53M	$21.40M
Prepaid Expenses
Receivables	$68.03M	$61.03M	$61.60M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$411.1M	$452.8M	$531.2M
YoY Change	-20.45%	-14.77%	-14.54%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.210B	$3.170B	$2.696B
YoY Change	14.12%	17.58%	20.93%
Goodwill	$0.00
YoY Change
Intangibles	$50.02M	$50.38M
YoY Change	9.22%
Long-Term Investments
YoY Change
Other Assets	$8.414M	$9.307M	$124.8M
YoY Change	-22.35%	-92.54%	1438.27%
Total Long-Term Assets	$3.371B	$3.332B	$2.867B
YoY Change	13.01%	16.21%	10.58%
TOTAL ASSETS
Total Short-Term Assets	$411.1M	$452.8M	$531.2M
Total Long-Term Assets	$3.371B	$3.332B	$2.867B
Total Assets	$3.782B	$3.785B	$3.398B
YoY Change	8.07%	11.37%	5.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$43.10M	$54.97M	$37.70M
YoY Change	287.21%	45.82%	10.07%
Accrued Expenses	$32.22M	$31.87M	$39.30M
YoY Change	35.13%	-18.91%	18.16%
Deferred Revenue
YoY Change
Short-Term Debt	$85.50M	$0.00	$0.00
YoY Change
Long-Term Debt Due	$85.50M
YoY Change
Total Short-Term Liabilities	$214.2M	$163.0M	$114.7M
YoY Change	157.5%	42.15%	2.34%
LONG-TERM LIABILITIES
Long-Term Debt	$1.618B	$1.696B	$1.547B
YoY Change	-2.35%	9.63%	7.12%
Other Long-Term Liabilities	$59.52M	$32.33M	$73.20M
YoY Change	1278.71%	-55.83%	224.78%
Total Long-Term Liabilities	$59.52M	$32.33M	$1.620B
YoY Change	1278.71%	-98.0%	7087.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$214.2M	$163.0M	$114.7M
Total Long-Term Liabilities	$59.52M	$32.33M	$1.620B
Total Liabilities	$2.186B	$2.336B	$2.079B
YoY Change	1.38%	12.33%	8.7%
SHAREHOLDERS EQUITY
Retained Earnings	$518.8M	$376.9M
YoY Change	79.64%
Common Stock	$1.081B	$1.076B
YoY Change	1.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.596B	$1.449B	$1.319B
YoY Change
Total Liabilities & Shareholders Equity	$3.782B	$3.785B	$3.398B
YoY Change	8.07%	11.37%	5.73%

Cashflow Statement

Concept	2017 Q4	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	$141.9M	$29.25M	$31.56M
YoY Change	488.63%	-7.3%	6.8%
Depreciation, Depletion And Amortization	$28.80M	$22.94M	$11.81M
YoY Change	144.07%	94.29%	-8.68%
Cash From Operating Activities	$56.40M	$83.30M	$55.80M
YoY Change	-6.93%	49.28%	-20.51%
INVESTING ACTIVITIES
Capital Expenditures	-$109.4M	-$122.5M	-$75.00M
YoY Change	-37.09%	63.33%	-3.35%
Acquisitions
YoY Change
Other Investing Activities	$8.500M	$1.000M	$23.50M
YoY Change	-34.11%	-95.74%	-58.04%
Cash From Investing Activities	-$100.9M	-$121.5M	-$51.40M
YoY Change	-37.33%	136.38%	137.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	600.0K	21.80M	2.700M
YoY Change	-99.5%	707.41%	-93.84%
NET CHANGE
Cash From Operating Activities	56.40M	83.30M	55.80M
Cash From Investing Activities	-100.9M	-121.5M	-51.40M
Cash From Financing Activities	600.0K	21.80M	2.700M
Net Change In Cash	-43.90M	-16.40M	7.100M
YoY Change	-329.84%	-330.99%	-92.32%
FREE CASH FLOW
Cash From Operating Activities	$56.40M	$83.30M	$55.80M
Capital Expenditures	-$109.4M	-$122.5M	-$75.00M
Free Cash Flow	$165.8M	$205.8M	$130.8M
YoY Change	-29.3%	57.34%	-11.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001418819
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	97970911	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	Iridium Communications Inc.
	dei	Trading Symbol TradingSymbol	IRDM
CY2016Q4	irdm	Accrued Satellite Operations And Maintenance Expense Net Of Current Portion AccruedSatelliteOperationsAndMaintenanceExpenseNetOfCurrentPortion	13138000	USD
CY2017Q3	irdm	Accrued Satellite Operations And Maintenance Expense Net Of Current Portion AccruedSatelliteOperationsAndMaintenanceExpenseNetOfCurrentPortion	0	USD
CY2016Q4	irdm	Available For Sale Securities Debt Maturities After One Through Three Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsAmortizedCost	6544000	USD
CY2017Q3	irdm	Available For Sale Securities Debt Maturities After One Through Three Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsAmortizedCost	250000	USD
CY2016Q4	irdm	Available For Sale Securities Debt Maturities After One Through Three Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue	6540000	USD
CY2017Q3	irdm	Available For Sale Securities Debt Maturities After One Through Three Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue	249000	USD
	irdm	Capitalized Amortization Of Deferred Financing Costs CapitalizedAmortizationOfDeferredFinancingCosts	19569000	USD
	irdm	Capitalized Amortization Of Deferred Financing Costs CapitalizedAmortizationOfDeferredFinancingCosts	18992000	USD
	irdm	Capitalized Paid In Kind Interest CapitalizedPaidInKindInterest	25136000	USD
	irdm	Gain Loss From Derecognition Of Purchase Accounting Liability And Operations And Maintenance Agreement GainLossFromDerecognitionOfPurchaseAccountingLiabilityAndOperationsAndMaintenanceAgreement	0	USD
	irdm	Gain Loss From Derecognition Of Purchase Accounting Liability And Operations And Maintenance Agreement GainLossFromDerecognitionOfPurchaseAccountingLiabilityAndOperationsAndMaintenanceAgreement	14200000	USD
CY2017Q3	irdm	Gain Loss From Derecognition Of Purchase Accounting Liability And Operations And Maintenance Agreement GainLossFromDerecognitionOfPurchaseAccountingLiabilityAndOperationsAndMaintenanceAgreement	0	USD
	irdm	Gain Loss From Derecognition Of Purchase Accounting Liability And Operations And Maintenance Agreement GainLossFromDerecognitionOfPurchaseAccountingLiabilityAndOperationsAndMaintenanceAgreement	14189000	USD
	irdm	Capitalized Paid In Kind Interest CapitalizedPaidInKindInterest	253000	USD
	irdm	Cash Restricted For Debt Service Reserve Increases CashRestrictedForDebtServiceReserveIncreases	21989000	USD
	irdm	Cash Restricted For Debt Service Reserve Increases CashRestrictedForDebtServiceReserveIncreases	-11079000	USD
CY2016Q3	irdm	Gain Loss From Derecognition Of Purchase Accounting Liability And Operations And Maintenance Agreement GainLossFromDerecognitionOfPurchaseAccountingLiabilityAndOperationsAndMaintenanceAgreement	0	USD
CY2017Q3	us-gaap	Assets Assets	3784589000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	516770000	USD
CY2017Q3	us-gaap	Assets Current AssetsCurrent	452764000	USD
CY2016Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	21000	USD
CY2017Q3	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	17000	USD
CY2016Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	13000	USD
CY2017Q3	irdm	Guarantee Amount GuaranteeAmount	1000000	USD
CY2017Q3	irdm	Increase In Depreciation Expense IncreaseInDepreciationExpense	11100000	USD
	irdm	Increase In Depreciation Expense IncreaseInDepreciationExpense	19100000	USD
	irdm	Interest Capitalized But Not Paid InterestCapitalizedButNotPaid	33110000	USD
	irdm	Interest Capitalized But Not Paid InterestCapitalizedButNotPaid	36157000	USD
CY2017Q3	irdm	Long Term Line Of Credit Carrying Amount LongTermLineOfCreditCarryingAmount	1800000000	USD
	irdm	Minimum Required Cash Reserve Balance For Credit Facility MinimumRequiredCashReserveBalanceForCreditFacility	102000000	USD
CY2016Q3	irdm	Net Income Loss Available To Common Stockholders Basic After Allocation To Participating Securities NetIncomeLossAvailableToCommonStockholdersBasicAfterAllocationToParticipatingSecurities	27660000	USD
	irdm	Net Income Loss Available To Common Stockholders Basic After Allocation To Participating Securities NetIncomeLossAvailableToCommonStockholdersBasicAfterAllocationToParticipatingSecurities	75255000	USD
CY2017Q3	irdm	Net Income Loss Available To Common Stockholders Basic After Allocation To Participating Securities NetIncomeLossAvailableToCommonStockholdersBasicAfterAllocationToParticipatingSecurities	25369000	USD
	irdm	Net Income Loss Available To Common Stockholders Basic After Allocation To Participating Securities NetIncomeLossAvailableToCommonStockholdersBasicAfterAllocationToParticipatingSecurities	80323000	USD
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CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	57373000	USD
CY2017Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	61032000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	23840000	USD
CY2017Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	31867000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-5446000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3586000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1060311000	USD
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CY2016Q4	us-gaap	Assets Assets	3499625000	USD
CY2017Q3	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	8000	USD
CY2016Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	39320000	USD
CY2017Q3	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	20291000	USD
CY2016Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	39328000	USD
CY2017Q3	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	20300000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	32776000	USD
CY2017Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	20041000	USD
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CY2017Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	20051000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	31018000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	80138000	USD
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CY2017Q3	us-gaap	Cash Cash	140957000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	185665000	USD
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CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	330061000	USD
CY2017Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
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CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	97957000	shares
CY2017Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	97957000	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	95879000	shares
CY2017Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	95879000	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	96000	USD
CY2017Q3	us-gaap	Common Stock Value CommonStockValue	98000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	31669000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	90245000	USD
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	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	93838000	USD
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	us-gaap	Contracts Revenue ContractsRevenue	17744000	USD
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	us-gaap	Contracts Revenue ContractsRevenue	16537000	USD
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	us-gaap	Cost Of Goods Sold CostOfGoodsSold	33158000	USD
CY2016Q3	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	15936000	USD
	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	48287000	USD
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	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	59209000	USD
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	us-gaap	Costs And Expenses CostsAndExpenses	191416000	USD
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	78465000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	217340000	USD
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CY2016Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	34087000	USD
CY2017Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	40048000	USD
CY2016Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	36417000	USD
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	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	37588000	USD
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	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	56652000	USD
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.79
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.82
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	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	488000	USD
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	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1926000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2227000	USD
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136216000	USD
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	132174000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18647000	USD
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CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10055000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	40195000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1002000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1664000	USD
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	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	0	shares
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CY2016Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	700000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	2258000	USD
CY2017Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	1246000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	2911000	USD
	us-gaap	Interest Paid InterestPaid	10985000	USD
	us-gaap	Interest Paid InterestPaid	42458000	USD
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CY2017Q3	us-gaap	Interest Payable Current InterestPayableCurrent	36157000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	18204000	USD
CY2017Q3	us-gaap	Inventory Net InventoryNet	17531000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	2155867000	USD
CY2017Q3	us-gaap	Liabilities Liabilities	2335626000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3499625000	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3784589000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	83194000	USD
CY2017Q3	us-gaap	Liabilities Current LiabilitiesCurrent	163045000	USD
CY2016Q3	us-gaap	Line Of Credit Facility Commitment Fee Amount LineOfCreditFacilityCommitmentFeeAmount	305000	USD
	us-gaap	Line Of Credit Facility Commitment Fee Amount LineOfCreditFacilityCommitmentFeeAmount	1176000	USD
CY2017Q3	us-gaap	Line Of Credit Facility Commitment Fee Amount LineOfCreditFacilityCommitmentFeeAmount	0	USD
	us-gaap	Line Of Credit Facility Commitment Fee Amount LineOfCreditFacilityCommitmentFeeAmount	25000	USD
CY2017Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1800000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	86929000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	29253000	USD
CY2016Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	1657145000	USD
CY2017Q3	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	1695832000	USD
	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	0	USD
	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	104660000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	27337000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-81366000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-271800000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	164559000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	203218000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	31555000	USD
	us-gaap	Net Income Loss NetIncomeLoss	91979000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	27696000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	75352000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	25394000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	80402000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	31519000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	86832000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	29228000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	91900000	USD
CY2016Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	434000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1441000	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1226000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2748000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	49768000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	134775000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	38082000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	129426000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10836000	USD
CY2017Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9307000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	222000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	3157000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	1059000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	1858000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-108000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	159000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	8000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	1000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	4317000	USD
CY2017Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	32331000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	39000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	359000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-20000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-138000	USD
CY2017Q3	us-gaap	Preferred Stock Share Subscriptions PreferredStockShareSubscriptions	500000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2014Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	500000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000000	shares
CY2016Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	30698000	USD
CY2017Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	23840000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	9608000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3412000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	606000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1805000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	19865000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	4991000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	231791000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	290712000	USD
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	148050000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	22207000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	170290000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	23903000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	390000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3127000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2813084000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3170074000	USD
CY2016Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5038000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	11610000	USD
CY2017Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3981000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10222000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	113139000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	113100000	USD
CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	102061000	USD
CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	102100000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	288797000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	376916000	USD
CY2016Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	19900000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	57822000	USD
CY2017Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	21784000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	57742000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	112794000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	326191000	USD
CY2017Q3	us-gaap	Sales Revenue Net SalesRevenueNet	116547000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	332577000	USD
CY2016Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	87316000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	250625000	USD
CY2017Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	89902000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	258298000	USD
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	18767000	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	95890000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	98290000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	97716000	shares
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	60133000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	18471000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	58099000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1343758000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	1448963000	USD
CY2016Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	36000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	97000	USD
CY2017Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	25000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	79000	USD
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	123690000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	123408000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	127188000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	126839000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	96067000	shares

Files In Submission

Name	View Source	Status
0001628280-17-010171-index-headers.html	Edgar Link	pending
0001628280-17-010171-index.html	Edgar Link	pending
0001628280-17-010171.txt	Edgar Link	pending
0001628280-17-010171-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
irdm-20170930.xml	Edgar Link	completed
irdm-20170930.xsd	Edgar Link	pending
irdm-20170930_cal.xml	Edgar Link	unprocessable
irdm-20170930_def.xml	Edgar Link	unprocessable
irdm-20170930_lab.xml	Edgar Link	unprocessable
irdm-20170930_pre.xml	Edgar Link	unprocessable
irdm10-q93017.htm	Edgar Link	pending
irdm10-q93017exx101.htm	Edgar Link	pending
irdm10-q93017exx102.htm	Edgar Link	pending
irdm10-q93017exx103.htm	Edgar Link	pending
irdm10-q93017exx311.htm	Edgar Link	pending
irdm10-q93017exx312.htm	Edgar Link	pending
irdm10-q93017exx321.htm	Edgar Link	pending
irdmsupplementalagreeimage1j.jpg	Edgar Link	pending
irdmsupplementalagreeimage5j.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$IRDM
Iridium Communications Inc. Stock $irdm

2017 Q4 Form 10-Q Financial Statement

#000162828017010171 Filed on October 26, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRDM Iridium Communications Inc. Stock $irdm

2017 Q4 Form 10-Q Financial Statement

#000162828017010171 Filed on October 26, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRDM
Iridium Communications Inc. Stock $irdm