Skip to main content
Midas Edge

ATN International Inc

For the period ended Dec 31, 2023. Filed Mar 15, 2024.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 15, 2024

ATNI$29.93+4.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Balance Sheets—December 31, 2023 and 2022

CONSOLIDATED BALANCE SHEETS

December 31, 2023 and 2022

(In Thousands, Except Share Data)

​​​​​​​
​ · ​ · December 31, · ​ · December 31,
​20232022
ASSETS​​​​​​
Current Assets:​​​​​​
Cash and cash equivalents​$49,225​$54,660
Restricted cash​12,942​5,068
Short-term investments​300​300
Accounts receivable, net of allowances for credit losses of $16.4 million and $15.2 million, respectively​138,616​86,816
Customer receivable​​7,249​​5,803
Inventory, materials and supplies​19,133​17,902
Prepayments and other current assets​53,807​59,139
Total current assets​281,272​229,688
​​​​​​​
Fixed Assets, net​1,080,659​1,055,954
Telecommunication licenses, net​113,319​113,698
Goodwill​40,104​40,104
Intangible assets, net​19,585​31,992
Operating lease right-of-use assets​99,335​108,702
Customer receivable - long term​​45,676​​46,706
Other assets​103,764​81,025
Total assets​$1,783,714​$1,707,869
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY​​​​​​
Current Liabilities:​​​​​​
Current portion of long-term debt​$24,290​$6,173
Current portion of customer receivable credit facility​​7,110​​6,073
Accounts payable and accrued liabilities​182,069​155,224
Dividends payable​3,701​3,310
Accrued taxes​10,876​7,335
Current portion of lease liabilities​​15,164​​15,457
Advance payments and deposits​49,984​39,608
Total current liabilities​293,194​233,180
Deferred income taxes​19,775​28,650
Lease liabilities, excluding current portion​​76,936​​83,319
Deferred revenue, long-term​​64,035​​72,543
Other liabilities​74,531​65,877
Customer receivable credit facility, net of current portion​​38,943​​39,275
Long-term debt, excluding current portion​492,580​415,727
Total liabilities​1,059,994​938,571
Redeemable noncontrolling interests:​​​​​​
Preferred redeemable noncontrolling interests​​60,094​​55,152
Common redeemable noncontrolling interests​​25,823​​37,317
Total redeemable noncontrolling interests​​85,917​​92,469
ATN International, Inc. Stockholders’ Equity:​​​​​​
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized, none issued and outstanding​—​—
Common stock, $0.01 par value per share; 50,000,000 shares authorized; 17,702,476 and 17,584,057 shares issued, respectively, 15,421,481 and 15,763,341 shares outstanding, respectively​173​173
Treasury stock, at cost; 2,280,995 and 1,820,716 shares, respectively​(90,447)​(73,825)
Additional paid-in capital​205,797​198,449
Retained earnings​417,282​449,806
Accumulated other comprehensive income​8,268​6,210
Total ATN International, Inc. stockholders’ equity​541,073​580,813
Noncontrolling interests​96,730​96,016
Total equity​637,803​676,829
Total liabilities, redeemable noncontrolling interests and equity​$1,783,714​$1,707,869
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.