Document_and_Entity_Informatio
Document and Entity Information | 3 Months Ended | |
Mar. 31, 2014 | Apr. 19, 2014 | |
Document And Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 31-Mar-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q1 | ' |
Trading Symbol | 'ALSK | ' |
Entity Registrant Name | 'ALASKA COMMUNICATIONS SYSTEMS GROUP INC | ' |
Entity Central Index Key | '0001089511 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Accelerated Filer | ' |
Entity Common Stock, Shares Outstanding | ' | 49,377,244 |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Current assets: | ' | ' |
Cash and cash equivalents | $31,920 | $43,039 |
Restricted cash | 467 | 467 |
Accounts receivable, non-affiliates, net | 33,864 | 34,066 |
Materials and supplies | 10,784 | 10,131 |
Prepayments and other current assets | 7,413 | 7,300 |
Deferred income taxes | 9,975 | 7,144 |
Total current assets | 94,423 | 102,147 |
Property, plant and equipment | 1,351,056 | 1,344,949 |
Less: accumulated depreciation and amortization | -999,300 | -992,936 |
Property, plant and equipment, net | 351,756 | 352,013 |
Goodwill | 5,892 | 4,650 |
Debt issuance costs | 6,226 | 6,929 |
Deferred income taxes | 12,435 | 15,572 |
Equity method investments | 262,130 | 266,972 |
Other assets | 396 | 502 |
Total assets | 733,258 | 748,785 |
Current liabilities: | ' | ' |
Current portion of long-term obligations | 4,798 | 14,256 |
Accounts payable, accrued and other current liabilities, non-affiliates | 51,170 | 55,475 |
Accounts payable, accrued and other current liabilities, affiliates, net | 17,725 | 14,566 |
Advance billings and customer deposits | 9,115 | 9,104 |
Total current liabilities | 82,808 | 93,401 |
Long-term obligations, net of current portion | 438,847 | 442,001 |
Other long-term liabilities | 15,558 | 16,947 |
Deferred AWN capacity revenue, net of current portion | 62,422 | 63,263 |
Total liabilities | 599,635 | 615,612 |
Commitments and contingencies | ' | ' |
Stockholders' equity (deficit): | ' | ' |
Common stock, $.01 par value; 145,000 authorized; 49,375 issued and outstanding at March 31, 2014; 48,680 issued and outstanding at December 31, 2013 | 494 | 487 |
Additional paid in capital | 152,258 | 152,193 |
Accumulated deficit | -14,283 | -13,898 |
Accumulated other comprehensive loss | -4,846 | -5,609 |
Total stockholders' equity | 133,623 | 133,173 |
Total liabilities and stockholders' equity | $733,258 | $748,785 |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Parenthetical) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, except Per Share data, unless otherwise specified | ||
Statement Of Financial Position [Abstract] | ' | ' |
Common stock, par value | $0.01 | $0.01 |
Common stock, shares authorized | 145,000 | 145,000 |
Common stock, shares issued | 49,375 | 48,680 |
Common stock, shares outstanding | 49,375 | 48,680 |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Operations (USD $) | 3 Months Ended | |
In Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Operating revenues: | ' | ' |
Operating revenues, non-affiliates | $76,545 | $90,996 |
Operating revenues, affiliates | 1,786 | 63 |
Total operating revenues | 78,331 | 91,059 |
Operating expenses: | ' | ' |
Cost of services and sales, non-affiliates | 30,058 | 35,319 |
Cost of services and sales, affiliates | 14,760 | 128 |
Selling, general and administrative | 24,595 | 26,797 |
Depreciation and amortization | 8,790 | 12,632 |
Loss on disposal of assets, net | 401 | 41 |
Earnings from equity method investments | -8,523 | ' |
Total operating expenses | 70,081 | 74,917 |
Operating income | 8,250 | 16,142 |
Other income and expense: | ' | ' |
Interest expense | -8,857 | -10,029 |
Interest income | 8 | 10 |
Total other income and expense | -8,849 | -10,019 |
(Loss) income before income tax benefit (expense) | -599 | 6,123 |
Income tax benefit (expense) | 214 | -2,655 |
Net (loss) income | -385 | 3,468 |
Other comprehensive income: | ' | ' |
Minimum pension liability adjustment | 20 | 20 |
Income tax effect | -9 | -9 |
Amortization of defined benefit plan loss | 184 | 183 |
Income tax effect | -76 | -75 |
Interest rate swap marked to fair value | 485 | 441 |
Income tax effect | -199 | -181 |
Reclassification of loss on ineffective hedge | 607 | 430 |
Income tax effect | -249 | -177 |
Total other comprehensive income | 763 | 632 |
Total comprehensive income | $378 | $4,100 |
Net (loss) income per share: | ' | ' |
Basic | ($0.01) | $0.08 |
Diluted | ($0.01) | $0.07 |
Weighted average shares outstanding: | ' | ' |
Basic | 48,913 | 46,055 |
Diluted | 48,913 | 46,563 |
Condensed_Consolidated_Stateme1
Condensed Consolidated Statement of Stockholders' Equity (Deficit) (USD $) | Total | Common Stock [Member] | Additional Paid in Capital [Member] | Accumulated Deficit [Member] | Accumulated Other Comprehensive Loss [Member] |
In Thousands | |||||
Beginning Balance at Dec. 31, 2013 | $133,173 | $487 | $152,193 | ($13,898) | ($5,609) |
Beginning Balance, Shares at Dec. 31, 2013 | ' | 48,680 | ' | ' | ' |
Total comprehensive income (loss) | 378 | ' | ' | -385 | 763 |
Stock compensation | 653 | ' | 653 | ' | ' |
Surrender of shares to cover withholding taxes on stock-based compensation | -581 | ' | -581 | ' | ' |
Issuance of common stock, pursuant to stock plans, $.01 par | ' | 7 | -7 | ' | ' |
Issuance of common stock, pursuant to stock plans, $.01 par, Shares | ' | 695 | ' | ' | ' |
Ending Balance at Mar. 31, 2014 | $133,623 | $494 | $152,258 | ($14,283) | ($4,846) |
Ending Balance, Shares at Mar. 31, 2014 | ' | 49,375 | ' | ' | ' |
Condensed_Consolidated_Stateme2
Condensed Consolidated Statement of Stockholders' Equity (Deficit) (Parenthetical) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Statement Of Stockholders Equity [Abstract] | ' | ' |
Common stock, par value | $0.01 | $0.01 |
Condensed_Consolidated_Stateme3
Condensed Consolidated Statements of Cash Flows (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Cash Flows from Operating Activities: | ' | ' |
Net (loss) income | ($385) | $3,468 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 8,790 | 12,632 |
Loss on disposal of assets | 401 | 41 |
Unrealized gain on ineffective hedge | ' | -420 |
Amortization of debt issuance costs and debt discount | 1,398 | 1,426 |
Amortization of ineffective hedge | 607 | 430 |
Amortization of deferred AWN capacity revenue | -841 | ' |
Stock-based compensation | 653 | 1,219 |
Deferred income tax (benefit) expense | -227 | 2,655 |
Provision for uncollectible accounts | 565 | 268 |
Cash distribution from equity method investments | 8,523 | ' |
Earnings from equity method investments | -8,523 | ' |
Other non-cash expense, net | -3 | 40 |
Changes in operating assets and liabilities | 2,868 | 3,809 |
Net cash provided by operating activities | 13,826 | 25,568 |
Cash Flows from Investing Activities: | ' | ' |
Capital expenditures | -7,164 | -5,968 |
Capitalized interest | -738 | -483 |
Change in unsettled capital expenditures | -7,186 | -3,151 |
Non-cash acquisition, cash received | 68 | ' |
Proceeds on sale of assets | ' | 1,935 |
Return of capital from equity investment | 4,010 | ' |
Net change in restricted cash | ' | -1 |
Net cash used by investing activities | -11,010 | -7,668 |
Cash Flows from Financing Activities: | ' | ' |
Repayments of long-term debt | -13,354 | -15,015 |
Payment of withholding taxes on stock-based compensation | -581 | -630 |
Net cash used by financing activities | -13,935 | -15,645 |
Change in cash and cash equivalents | -11,119 | 2,255 |
Cash and cash equivalents, beginning of period | 43,039 | 16,839 |
Cash and cash equivalents, end of period | 31,920 | 19,094 |
Supplemental Cash Flow Data: | ' | ' |
Interest paid | 6,562 | 7,164 |
Income tax paid | 13 | ' |
Supplemental Non-cash Transactions: | ' | ' |
Property acquired under capital leases | 44 | 2 |
Additions to ARO asset | 214 | 30 |
Non-cash acquisition purchase price, net of cash received | $1,850 | ' |
Description_of_Company_and_Sum
Description of Company and Summary of Significant Accounting Policies | 3 Months Ended | ||
Mar. 31, 2014 | |||
Accounting Policies [Abstract] | ' | ||
Description of Company and Summary of Significant Accounting Policies | ' | ||
1 | DESCRIPTION OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||
Alaska Communications Systems Group, Inc. (“we”, “our”, “us”, the “Company” and “ACS”), a Delaware corporation, through its operating subsidiaries, provides integrated communication services to business, wholesale and consumer customers in the State of Alaska and beyond using its statewide and interstate telecommunications network. | |||
The accompanying unaudited condensed consolidated financial statements represent the consolidated financial position, comprehensive income and cash flows of Alaska Communications Systems Group, Inc. and the following wholly owned subsidiaries: | |||
• Alaska Communications Systems | • Crest Communications Corporation (“Crest”) | ||
Holdings, Inc. (“ACS Holdings”) | |||
• WCI Cable, Inc. | |||
• ACS of Alaska, LLC (“ACSAK”) | • WCIC Hillsboro, LLC. | ||
• ACS of the Northland, LLC (“ACSN”) | • Alaska Northstar Communications, LLC. | ||
• ACS of Fairbanks, LLC (“ACSF”) | • WCI Lightpoint, LLC. | ||
• ACS of Anchorage, LLC (“ACSA”) | • Worldnet Communications, Inc. | ||
• ACS Wireless, Inc. (“ACSW”) | • Alaska Fiber Star, LLC. | ||
• ACS Long Distance, LLC (“ACSLD”) | • TekMate, LLC | ||
• ACS Internet, LLC (“ACSI”) | |||
• ACS Messaging, Inc. (“ACSM”) | |||
• ACS Cable Systems, LLC (“ACSC”) | |||
In addition to the wholly owned subsidiaries, the Company has a one-third interest in Alaska Wireless Network, LLC (“AWN”) which is represented in the Company’s condensed consolidated financial statements as an equity method investment. The Company acquired a 49% interest in TekMate, LLC (“TekMate”), a leading managed information technology (“IT”) services firm in Alaska, on August 31, 2010; on January 31, 2014, the Company purchased the remaining 51% interest in TekMate. The Company believes this acquisition will further strengthen our capabilities to provide integrated IT and network managed services to our customers. TekMate is now a wholly owned subsidiary. | |||
Basis of Presentation | |||
The accompanying unaudited condensed consolidated financial statements and footnotes included in this Quarterly Report on Form 10-Q should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. Certain information and footnote disclosures normally included in financial statements prepared in accordance with Generally Accepted Accounting Principles (“GAAP”) in the United States of America have been condensed or omitted pursuant to rules and regulations of the Securities and Exchange Commission (“SEC”). The Company believes the disclosures made are adequate to make the information presented not misleading. | |||
In the opinion of management, the unaudited condensed consolidated financial statements contain all normal, recurring adjustments necessary to present fairly the consolidated financial position, comprehensive income and cash flows for all periods presented. The comprehensive income for the three months ended March 31, 2014, are not necessarily indicative of comprehensive income which might be expected for the entire year or any other interim periods. The balance sheet at December 31, 2013 has been derived from the audited financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. Certain reclassifications have been made to the prior years’ financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported results of operations, balance sheet amounts, or cash flows. | |||
Use of Estimates | |||
The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company’s consolidated financial statements and the accompanying notes, including estimates of probable losses and expenses. Actual results could differ materially from those estimates. |
Acquisition_of_TekMate
Acquisition of TekMate | 3 Months Ended | ||||
Mar. 31, 2014 | |||||
Business Combinations [Abstract] | ' | ||||
Acquisition of TekMate | ' | ||||
2 | ACQUISITION OF TEKMATE | ||||
The Company acquired a 49% interest in TekMate on August 31, 2010 for $2,060, and reported this 49% interest as an equity method investment on the Company’s Consolidated Balance Sheet. | |||||
On January 31, 2014, the Company purchased the remaining 51% interest in TekMate for the following consideration: | |||||
• | $800, payable in cash or the Company’s common stock at the Company’s option, on or about May 15, 2014 and, | ||||
• | Zero to $700, payable in cash on or about March 31, 2015, subject to the attainment of certain revenue projections in 2014 and certain other terms regarding the founders of TekMate remaining employed with ACS for a specified period of time. | ||||
The Company accounted for the purchase of the remaining 51% interest in TekMate at fair value using the acquisition method. The Company ceased to report TekMate as an equity method investment and consolidated its operations into Alaska Communications Systems Group, Inc. The fair value of the assets acquired and liabilities assumed are reported in the Company’s Condensed Consolidated Balance Sheet and the equity method investment of $831 at January 31, 2014 was eliminated. The following table is a preliminary estimate of the fair value of the assets acquired and liabilities assumed on January 31, 2014: | |||||
Current assets | $ | 1,020 | |||
Non-current assets | $ | 370 | |||
Current liabilities | $ | 467 | |||
Non-current liabilities | $ | 247 | |||
Net assets acquired and liabilities assumed | $ | 676 | |||
The preliminary estimate of goodwill on the acquisition is as follows: | |||||
Consideration provided (including fair value of contingent consideration) | $ | 1,087 | |||
Fair value of equity method investment | 831 | ||||
Total consideration | 1,918 | ||||
Fair value of assets acquired | 1,390 | ||||
Fair value of liabilities assumed | (714 | ) | |||
Total net assets | 676 | ||||
Goodwill | $ | 1,242 | |||
In the period January 1, 2014 to January 31, 2014 TekMate’s earnings were $12 and they made $33 in cash distributions to the Company. At January 31, 2014, undistributed earnings of TekMate were $0. Pro forma financial information has been omitted from this filing as TekMate does not represent a significant business combination. |
Equity_Method_Investments
Equity Method Investments | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Equity Method Investments And Joint Ventures [Abstract] | ' | ||||||||||||||||
Equity Method Investments | ' | ||||||||||||||||
3 | EQUITY METHOD INVESTMENTS | ||||||||||||||||
The Company’s equity method investment at March 31, 2014 consists of a one-third interest in AWN. See Note 2 Acquisition of TekMate for information regarding the purchase of the remaining membership interests during the quarter ended March 31, 2014. The following table provides the Company’s ownership interest and investment in at the dates indicated: | |||||||||||||||||
March 31, | December 31, | March 31, | December 31, | ||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Ownership | Ownership | ||||||||||||||||
Interest | Interest | ||||||||||||||||
TekMate, LLC | 100 | % | 49 | % | $ | — | $ | 853 | |||||||||
Alaska Wireless Network, LLC | 33 | % | 33 | % | $ | 262,130 | $ | 266,119 | |||||||||
Summarized financial information on AWN is as follows: | |||||||||||||||||
March 31, | |||||||||||||||||
2014 | |||||||||||||||||
Current assets | $ | 153,360 | |||||||||||||||
Non-current assets | $ | 542,583 | |||||||||||||||
Current liabilities | $ | 100,395 | |||||||||||||||
Non-current liabilities | $ | 26,353 | |||||||||||||||
Equity | $ | 569,195 | |||||||||||||||
Three Months Ended | |||||||||||||||||
March 31, | |||||||||||||||||
2014 | |||||||||||||||||
Operating revenues | $ | 63,037 | |||||||||||||||
Gross profit | $ | 43,918 | |||||||||||||||
Operating income | $ | 26,969 | |||||||||||||||
Net income | $ | 26,877 | |||||||||||||||
Adjusted Free Cash Flow (1) | $ | 34,501 | |||||||||||||||
-1 | Adjusted Free Cash Flow as defined in the Operating Agreement. | ||||||||||||||||
The following table provides a reconciliation of AWN’s total equity and ACS’ equity method investment as of March 31, 2014: | |||||||||||||||||
Amount | |||||||||||||||||
AWN total equity as reported | $ | 569,195 | |||||||||||||||
Less amount attributed to GCI | 335,169 | ||||||||||||||||
Amount attributed to ACS | 234,026 | ||||||||||||||||
Plus: | |||||||||||||||||
Step-up in basis of GCI contribution attributable to ACS, net of amortization of fair value adjustment | 33,942 | ||||||||||||||||
Difference in distribution | 4,167 | ||||||||||||||||
Less: | |||||||||||||||||
Difference in preliminary estimate of fair value | (3,950 | ) | |||||||||||||||
Difference in income allocation method | (6,055 | ) | |||||||||||||||
ACS investment in AWN | $ | 262,130 | |||||||||||||||
Under the terms of the Facilities Network Use Agreement between GCI, the Company, and AWN (the “FNUA”), GCI and the Company are entitled to request a cash subsidy from AWN for wireless handsets sold to their retail customers (“Subsidy”). In the quarter ended March 31, 2014, GCI did not request this cash subsidy from AWN. When we recorded our earnings from equity method investees for AWN we estimated the GCI Subsidy for the quarter ended March 31, 2014 at zero. We have estimated a possible range of GCI Subsidy as zero to $5,500 for the quarter which would decrease the Company’s earnings from equity method investees by zero to $1,833. Until we receive further information from AWN about the amount or timing of when these payments might resume, or the periods they will apply them to, no amount within this range is deemed to have a better probability of occurring and accordingly, we recorded the low end of the range (zero) as required by ASC 450. GCI waived their right to reimbursement for Subsidies in 2013. Should GCI request to apply for a retroactive Subsidy for the quarter ended March 31, 2014, we will revise our estimate in the period in which it becomes probable and estimable and will record it in earnings from equity method investees. |
Fair_Value_Measurements
Fair Value Measurements | 3 Months Ended | ||||||||||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||||||||||
Fair Value Measurements | ' | ||||||||||||||||||||||||||||||||
4 | FAIR VALUE MEASUREMENTS | ||||||||||||||||||||||||||||||||
The fair values of cash equivalents, restricted cash, other short-term monetary assets and liabilities and capital leases approximate carrying values due to their nature. The fair value of the Company’s 2010 Senior Secured Credit Facility (“Senior Credit Facility”), convertible notes and other long-term obligations of $428,682 at March 31, 2014, were estimated based primarily on quoted market prices (Level 1). The carrying values of these liabilities totaled $443,645 at March 31, 2014. | |||||||||||||||||||||||||||||||||
The Company has developed valuation techniques based upon observable and unobservable input to calculate the fair value of non-current monetary assets and liabilities. Observable input reflects market data obtained from independent sources while unobservable input reflects internal market assumptions. These two types of inputs create the following fair value hierarchy: | |||||||||||||||||||||||||||||||||
• | Level 1 - Quoted prices for identical instruments in active markets; | ||||||||||||||||||||||||||||||||
• | Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations whose inputs are observable or whose significant value drivers are observable; and | ||||||||||||||||||||||||||||||||
• | Level 3 - Significant inputs to the valuation model are unobservable. | ||||||||||||||||||||||||||||||||
Financial assets and liabilities are classified within the fair value hierarchy in their entirety based on the lowest level of input that is significant to the fair value measurements. The Company’s assessment of the significance of a particular input to the fair value measurements requires judgment and may affect the valuation of the assets and liabilities being measured, as well as their level within the fair value hierarchy. | |||||||||||||||||||||||||||||||||
The following table presents the balances of assets and liabilities measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013, at each hierarchical level: | |||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | ||||||||||||||||||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||||||
Other long-term liabilities: | |||||||||||||||||||||||||||||||||
Interest rate swaps | $ | (2,750 | ) | $ | — | $ | (2,750 | ) | $ | — | $ | (3,234 | ) | $ | — | $ | (3,234 | ) | $ | — | |||||||||||||
Derivative Financial Instruments | |||||||||||||||||||||||||||||||||
The Company uses floating-to-fixed interest rate swaps to manage variable interest rate risk. The notional amounts of these swaps are $115,500 and $77,000 with interest rates of 7.220% and 7.225%, respectively, inclusive of a 4.75% LIBOR spread. The swaps began on June 30, 2012 and expire on September 30, 2015. | |||||||||||||||||||||||||||||||||
The outstanding amount of the swaps as of a period end are reported on the balance sheet at fair value, represented by the estimated amount the Company would receive or pay to terminate the swap. They are valued using models based on readily observable market parameters for all substantial terms of the contracts and are classified within Level 2 of the fair value hierarchy. | |||||||||||||||||||||||||||||||||
The following table presents information about the floating-to-fixed interest rate swaps in the notional amounts of $192,500 as of and for the three month period ending March 31, 2014 and notional amounts of $385,000 as of and for the three months ending March 31, 2013: | |||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Beginning Balance at January 1, | $ | 3,234 | $ | 9,819 | |||||||||||||||||||||||||||||
Reclassified from accumulated other comprehensive loss to other long-term liabilities | (484 | ) | (440 | ) | |||||||||||||||||||||||||||||
Change in fair value credited to interest expense | — | (420 | ) | ||||||||||||||||||||||||||||||
Ending Balance at March 31, | $ | 2,750 | $ | 8,959 | |||||||||||||||||||||||||||||
LongTerm_Obligations
Long-Term Obligations | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Debt Disclosure [Abstract] | ' | ||||||||
Long-Term Obligations | ' | ||||||||
5 | LONG-TERM OBLIGATIONS | ||||||||
Long-term obligations consist of the following at March 31, 2014 and December 31, 2013, respectively: | |||||||||
2014 | 2013 | ||||||||
2010 senior credit facility term loan due 2016 | $ | 332,700 | $ | 345,900 | |||||
Debt discount - 2010 senior credit facility term loan due 2016 | (1,479 | ) | (1,687 | ) | |||||
6.25% convertible notes due 2018 | 114,000 | 114,000 | |||||||
Debt discount - 6.25% convertible notes due 2018 | (8,726 | ) | (9,213 | ) | |||||
Capital leases and other long-term obligations | 7,150 | 7,257 | |||||||
443,645 | 456,257 | ||||||||
Less current portion | (4,798 | ) | (14,256 | ) | |||||
Long-term obligations, net of current portion | $ | 438,847 | $ | 442,001 | |||||
As of March 31, 2014, the aggregate maturities of long-term obligations for each of the five years and thereafter subsequent to March 31, 2014, were as follows: | |||||||||
2014 (April 1 - December 31) | $ | 952 | |||||||
2015 (January 1 - December 31) | 15,417 | ||||||||
2016 (January 1 - December 31) | 318,788 | ||||||||
2017 (January 1 - December 31) | 506 | ||||||||
2018 (January 1 - December 31) | 114,287 | ||||||||
2019 (January 1 - December 31) | 278 | ||||||||
Thereafter | 3,622 | ||||||||
$ | 453,850 | ||||||||
Accumulated_Other_Comprehensiv
Accumulated Other Comprehensive Loss | 3 Months Ended | ||||||||||||
Mar. 31, 2014 | |||||||||||||
Equity [Abstract] | ' | ||||||||||||
Accumulated Other Comprehensive Loss | ' | ||||||||||||
6 | ACCUMULATED OTHER COMPREHENSIVE LOSS | ||||||||||||
The following table summarizes the activity in accumulated other comprehensive loss for the three month period ended March 31, 2014: | |||||||||||||
Defined | Interest | Total | |||||||||||
Benefit | Rate Swaps | ||||||||||||
Pension | |||||||||||||
Plan | |||||||||||||
Balance, December 31, 2013 | $ | (2,238 | ) | $ | (3,371 | ) | $ | (5,609 | ) | ||||
Other comprehensive income before reclassifications | 11 | 286 | 297 | ||||||||||
Reclassifications from accumulated comprehensive loss to net income | 108 | 358 | 466 | ||||||||||
Net other comprehensive income | 119 | 644 | 763 | ||||||||||
Balance, March 31, 2014 | $ | (2,119 | ) | $ | (2,727 | ) | $ | (4,846 | ) | ||||
The estimated amount of accumulated other comprehensive loss to be reclassified to interest expense within the next twelve months is $1,278. |
Stock_Incentive_Plans
Stock Incentive Plans | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ||||||||||||||||
Stock Incentive Plans | ' | ||||||||||||||||
7 | STOCK INCENTIVE PLANS | ||||||||||||||||
Under the Company’s stock incentive plan, stock options, restricted stock, stock-settled stock appreciation rights (“SSARs”), performance share units and other awards may be granted to officers, employees, consultants, and non-employee directors. | |||||||||||||||||
The following table summarizes the stock option activity for the three month period ended March 31, 2014: | |||||||||||||||||
Number | Weighted | Weighted | Aggregate | ||||||||||||||
of Shares | Average | Average | Intrinsic | ||||||||||||||
Exercise | Remaining | Value | |||||||||||||||
Price | Life | ||||||||||||||||
Outstanding at December 31, 2013 | 24 | $ | 5.36 | ||||||||||||||
Granted | — | — | |||||||||||||||
Exercised | — | — | |||||||||||||||
Canceled or expired | — | — | |||||||||||||||
Outstanding at March 31, 2014 | 24 | $ | 5.36 | 0.32 | $ | — | |||||||||||
Exercisable at March 31, 2014 | 24 | $ | 5.36 | 0.32 | $ | — | |||||||||||
The following table summarizes the restricted stock unit, long-term incentive award and non-employee director stock compensation activity for the three month period ended March 31, 2014: | |||||||||||||||||
Number | Weighted | ||||||||||||||||
of Shares | Average | ||||||||||||||||
Grant Date | |||||||||||||||||
Fair Value | |||||||||||||||||
Nonvested at December 31, 2013 | 946 | $ | 3.58 | ||||||||||||||
Granted | 878 | 1.89 | |||||||||||||||
Vested | (506 | ) | 3.82 | ||||||||||||||
Canceled or expired | — | 5.68 | |||||||||||||||
Nonvested at March 31, 2014 | 1,318 | $ | 2.36 | ||||||||||||||
The following table summarizes the performance share unit activity for the three month period ended March 31, 2014: | |||||||||||||||||
Number | Weighted | ||||||||||||||||
of Shares | Average | ||||||||||||||||
Grant Date | |||||||||||||||||
Fair Value | |||||||||||||||||
Nonvested at December 31, 2013 | 1,184 | $ | 2.94 | ||||||||||||||
Granted | — | — | |||||||||||||||
Vested | (498 | ) | 2.14 | ||||||||||||||
Canceled or expired | (2 | ) | 1.92 | ||||||||||||||
Nonvested at March 31, 2014 | 684 | $ | 3.53 | ||||||||||||||
The following table summarizes the assumptions used for valuation of equity instruments granted during the three month periods ended March 31, 2014 and 2013: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Restricted stock: | |||||||||||||||||
Risk free rate | 0.03% - 0.19% | 0.03% - 0.09% | |||||||||||||||
Expected annual forfeiture rate | 9% | 0% - 9% | |||||||||||||||
The following table provides selected information about the Company’s share-based compensation for the three month periods ended March 31, 2014 and 2013: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Total compensation cost for share-based payments | $ | 653 | $ | 1,219 | |||||||||||||
Weighted average grant-date fair value of equity instruments granted (per share) | $ | 1.89 | $ | 1.79 | |||||||||||||
Total grant date fair value of shares vested during the period | $ | 2,716 | $ | 4,563 | |||||||||||||
Total intrinsic value of options exercised | $ | — | $ | — | |||||||||||||
Unamortized share-based payments | $ | 2,587 | $ | 2,597 | |||||||||||||
Weighted average period (in years) to be recognized as expense | 1.7 | 2 |
Earnings_Per_Share
Earnings Per Share | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Earnings Per Share | ' | ||||||||
8 | EARNINGS PER SHARE | ||||||||
Earnings per share are based on the weighted average number of shares of common stock and dilutive potential common share equivalents outstanding. Basic earnings per share includes no dilution and is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. Potential common share equivalents include options, and restricted stock granted to employees and deferred shares granted to directors. The Company includes dilutive stock options based on the “treasury stock method.” | |||||||||
Due to the Company’s net loss in the three month period ended March 31, 2014, 2,296 potential common share equivalents outstanding, which consisted of options, restricted stock and deferred shares granted to directors, were anti-dilutive and excluded from the calculation. In connection with the Company’s acquisition of the remaining 51% interest in TekMate, $800 is payable at the Company’s option either in cash or issuance of common stock on or about May 15, 2014. These shares, if converted, would be anti-dilutive and have been excluded from the calculation. | |||||||||
In 2013, 311 options and SSARs, were out-of-the-money and therefore anti-dilutive and excluded from the calculation. Additionally, 11,088 and 11,672 shares related to the Company’s convertible notes were anti-dilutive for the three month periods ended March 31, 2014 and 2013, respectively. | |||||||||
The calculation of basic and diluted earnings per share for the three month periods ended March 31, 2014 and 2013 are as follows: | |||||||||
2014 | 2013 | ||||||||
Net income (loss) applicable to common shares | $ | (385 | ) | $ | 3,468 | ||||
Weighted average common shares outstanding: | |||||||||
Basic shares | 48,913 | 46,055 | |||||||
Effect of stock-based compensation | — | 508 | |||||||
Diluted shares | 48,913 | 46,563 | |||||||
Earnings per share: | |||||||||
Basic | $ | (0.01 | ) | $ | 0.08 | ||||
Diluted | $ | (0.01 | ) | $ | 0.07 | ||||
Retirement_Plans
Retirement Plans | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Compensation And Retirement Disclosure [Abstract] | ' | ||||||||
Retirement Plans | ' | ||||||||
9. RETIREMENT PLANS | |||||||||
Multi-employer Defined Benefit Plan | |||||||||
Pension benefits for substantially all of the Company’s Alaska-based employees are provided through the Alaska Electrical Pension Fund (“AEPF”). The Company pays a contractual hourly amount based on employee classification or base compensation to the AEPF. As a multi-employer defined benefit plan, the accumulated benefits and plan assets are not determined for, or allocated separately to, the individual employer. This plan was not in endangered or critical status during the plan year; however, it is not fully funded under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) as of March 31, 2014. | |||||||||
Defined Benefit Plan | |||||||||
The Company has a separate defined benefit plan that covers certain employees previously employed by Century Telephone Enterprise, Inc. (“CenturyTel Plan”). This plan was transferred to the Company in connection with the acquisition of CenturyTel, Inc.’s Alaska properties, whereby assets and liabilities of the CenturyTel Plan were transferred to the ACS Retirement Plan on September 1, 1999. This plan is not fully funded under ERISA as of March 31, 2014. | |||||||||
The following table presents the net periodic pension expense for the ACS Retirement Plan for the three month periods ended March 31, 2014 and 2013: | |||||||||
2014 | 2013 | ||||||||
Interest cost | $ | 160 | $ | 160 | |||||
Expected return on plan assets | (180 | ) | (180 | ) | |||||
Amortization of loss | 204 | 203 | |||||||
Net periodic pension expense | $ | 184 | $ | 183 | |||||
Business_Segments
Business Segments | 3 Months Ended | |
Mar. 31, 2014 | ||
Segment Reporting [Abstract] | ' | |
Business Segments | ' | |
10 | BUSINESS SEGMENTS | |
The Company operates its business under a single reportable segment. The Company’s chief operating decision maker assesses the financial performance of the business as follows: (i) revenues are managed on the basis of specific customers and customer groups; (ii) costs are managed and assessed by function and generally support the organization across all customer groups or revenue streams; (iii) profitability is assessed at the consolidated level; and (iv) investment decisions and the assessment of existing assets are based on the support they provide to all revenue streams. |
Commitments_and_Contingencies
Commitments and Contingencies | 3 Months Ended | |
Mar. 31, 2014 | ||
Commitments And Contingencies Disclosure [Abstract] | ' | |
Commitments and Contingencies | ' | |
11 | COMMITMENTS AND CONTINGENCIES | |
The Company enters into purchase commitments with vendors in the ordinary course of business, including minimum purchase agreements with certain suppliers of handsets. The Company also has long-term purchase contracts with vendors to support the on-going needs of its business. These purchase commitments and contracts have varying terms and in certain cases may require the Company to buy goods and services in the future at predetermined volumes and at fixed prices. The Company also has an obligation to spend up to $5,000 in capital expenditures to allow AWN to access certain components of the capacity contributed by the Company to AWN. Additionally, in accordance with the Operating Agreement, ACS as a member of AWN is required to purchase its wholesale wireless services from AWN. | ||
The Company is involved in various claims, legal actions and regulatory proceedings arising in the ordinary course of business and has recorded litigation reserves of $481 at March 31, 2014 against certain current claims and legal actions. The Company believes that the disposition of these matters will not have a material adverse effect on the Company’s consolidated financial position, comprehensive income or cash flows. It is the Company’s policy to expense costs associated with loss contingencies, including any related legal fees, as they are incurred. |
Description_of_Company_and_Sum1
Description of Company and Summary of Significant Accounting Policies (Policies) | 3 Months Ended | |||
Mar. 31, 2014 | ||||
Accounting Policies [Abstract] | ' | |||
Basis of Presentation | ' | |||
Basis of Presentation | ||||
The accompanying unaudited condensed consolidated financial statements and footnotes included in this Quarterly Report on Form 10-Q should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. Certain information and footnote disclosures normally included in financial statements prepared in accordance with Generally Accepted Accounting Principles (“GAAP”) in the United States of America have been condensed or omitted pursuant to rules and regulations of the Securities and Exchange Commission (“SEC”). The Company believes the disclosures made are adequate to make the information presented not misleading. | ||||
In the opinion of management, the unaudited condensed consolidated financial statements contain all normal, recurring adjustments necessary to present fairly the consolidated financial position, comprehensive income and cash flows for all periods presented. The comprehensive income for the three months ended March 31, 2014, are not necessarily indicative of comprehensive income which might be expected for the entire year or any other interim periods. The balance sheet at December 31, 2013 has been derived from the audited financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. Certain reclassifications have been made to the prior years’ financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported results of operations, balance sheet amounts, or cash flows. | ||||
Use of Estimates | ' | |||
Use of Estimates | ||||
The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company’s consolidated financial statements and the accompanying notes, including estimates of probable losses and expenses. Actual results could differ materially from those estimates. | ||||
Fair Value Measurements | ' | |||
The Company has developed valuation techniques based upon observable and unobservable input to calculate the fair value of non-current monetary assets and liabilities. Observable input reflects market data obtained from independent sources while unobservable input reflects internal market assumptions. These two types of inputs create the following fair value hierarchy: | ||||
• | Level 1 - Quoted prices for identical instruments in active markets; | |||
• | Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations whose inputs are observable or whose significant value drivers are observable; and | |||
• | Level 3 - Significant inputs to the valuation model are unobservable. |
Acquisition_of_TekMate_Tables
Acquisition of TekMate (Tables) | 3 Months Ended | ||||
Mar. 31, 2014 | |||||
Business Combinations [Abstract] | ' | ||||
Preliminary Estimate of the Fair Value of the Assets Acquired and Liabilities Assumed | ' | ||||
The following table is a preliminary estimate of the fair value of the assets acquired and liabilities assumed on January 31, 2014: | |||||
Current assets | $ | 1,020 | |||
Non-current assets | $ | 370 | |||
Current liabilities | $ | 467 | |||
Non-current liabilities | $ | 247 | |||
Net assets acquired and liabilities assumed | $ | 676 | |||
Preliminary Estimate of Goodwill on the Acquisition | ' | ||||
The preliminary estimate of goodwill on the acquisition is as follows: | |||||
Consideration provided (including fair value of contingent consideration) | $ | 1,087 | |||
Fair value of equity method investment | 831 | ||||
Total consideration | 1,918 | ||||
Fair value of assets acquired | 1,390 | ||||
Fair value of liabilities assumed | (714 | ) | |||
Total net assets | 676 | ||||
Goodwill | $ | 1,242 | |||
Equity_Method_Investments_Tabl
Equity Method Investments (Tables) | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Equity Method Investments And Joint Ventures [Abstract] | ' | ||||||||||||||||
Schedule of Company's Ownership Interest and Investment | ' | ||||||||||||||||
The following table provides the Company’s ownership interest and investment in at the dates indicated: | |||||||||||||||||
March 31, | December 31, | March 31, | December 31, | ||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Ownership | Ownership | ||||||||||||||||
Interest | Interest | ||||||||||||||||
TekMate, LLC | 100 | % | 49 | % | $ | — | $ | 853 | |||||||||
Alaska Wireless Network, LLC | 33 | % | 33 | % | $ | 262,130 | $ | 266,119 | |||||||||
Summarized Financial Information | ' | ||||||||||||||||
Summarized financial information on AWN is as follows: | |||||||||||||||||
March 31, | |||||||||||||||||
2014 | |||||||||||||||||
Current assets | $ | 153,360 | |||||||||||||||
Non-current assets | $ | 542,583 | |||||||||||||||
Current liabilities | $ | 100,395 | |||||||||||||||
Non-current liabilities | $ | 26,353 | |||||||||||||||
Equity | $ | 569,195 | |||||||||||||||
Three Months Ended | |||||||||||||||||
March 31, | |||||||||||||||||
2014 | |||||||||||||||||
Operating revenues | $ | 63,037 | |||||||||||||||
Gross profit | $ | 43,918 | |||||||||||||||
Operating income | $ | 26,969 | |||||||||||||||
Net income | $ | 26,877 | |||||||||||||||
Adjusted Free Cash Flow (1) | $ | 34,501 | |||||||||||||||
-1 | Adjusted Free Cash Flow as defined in the Operating Agreement. | ||||||||||||||||
Schedule of Reconciliation of Total Equity to Equity Method Investment | ' | ||||||||||||||||
The following table provides a reconciliation of AWN’s total equity and ACS’ equity method investment as of March 31, 2014: | |||||||||||||||||
Amount | |||||||||||||||||
AWN total equity as reported | $ | 569,195 | |||||||||||||||
Less amount attributed to GCI | 335,169 | ||||||||||||||||
Amount attributed to ACS | 234,026 | ||||||||||||||||
Plus: | |||||||||||||||||
Step-up in basis of GCI contribution attributable to ACS, net of amortization of fair value adjustment | 33,942 | ||||||||||||||||
Difference in distribution | 4,167 | ||||||||||||||||
Less: | |||||||||||||||||
Difference in preliminary estimate of fair value | (3,950 | ) | |||||||||||||||
Difference in income allocation method | (6,055 | ) | |||||||||||||||
ACS investment in AWN | $ | 262,130 | |||||||||||||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 3 Months Ended | ||||||||||||||||||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||||||||||
Balances of Assets and Liabilities Measured at Fair Value on Recurring Basis | ' | ||||||||||||||||||||||||||||||||
The following table presents the balances of assets and liabilities measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013, at each hierarchical level: | |||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | ||||||||||||||||||||||||||||||||
Total | Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||||||
Other long-term liabilities: | |||||||||||||||||||||||||||||||||
Interest rate swaps | $ | (2,750 | ) | $ | — | $ | (2,750 | ) | $ | — | $ | (3,234 | ) | $ | — | $ | (3,234 | ) | $ | — | |||||||||||||
Schedule of Floating-to-Fixed Interest Rate Swap | ' | ||||||||||||||||||||||||||||||||
The following table presents information about the floating-to-fixed interest rate swaps in the notional amounts of $192,500 as of and for the three month period ending March 31, 2014 and notional amounts of $385,000 as of and for the three months ending March 31, 2013: | |||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Beginning Balance at January 1, | $ | 3,234 | $ | 9,819 | |||||||||||||||||||||||||||||
Reclassified from accumulated other comprehensive loss to other long-term liabilities | (484 | ) | (440 | ) | |||||||||||||||||||||||||||||
Change in fair value credited to interest expense | — | (420 | ) | ||||||||||||||||||||||||||||||
Ending Balance at March 31, | $ | 2,750 | $ | 8,959 | |||||||||||||||||||||||||||||
LongTerm_Obligations_Tables
Long-Term Obligations (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Debt Disclosure [Abstract] | ' | ||||||||
Schedule of Long-term Obligations | ' | ||||||||
Long-term obligations consist of the following at March 31, 2014 and December 31, 2013, respectively: | |||||||||
2014 | 2013 | ||||||||
2010 senior credit facility term loan due 2016 | $ | 332,700 | $ | 345,900 | |||||
Debt discount - 2010 senior credit facility term loan due 2016 | (1,479 | ) | (1,687 | ) | |||||
6.25% convertible notes due 2018 | 114,000 | 114,000 | |||||||
Debt discount - 6.25% convertible notes due 2018 | (8,726 | ) | (9,213 | ) | |||||
Capital leases and other long-term obligations | 7,150 | 7,257 | |||||||
443,645 | 456,257 | ||||||||
Less current portion | (4,798 | ) | (14,256 | ) | |||||
Long-term obligations, net of current portion | $ | 438,847 | $ | 442,001 | |||||
Schedule of Aggregate Maturities of Long-term Obligations | ' | ||||||||
As of March 31, 2014, the aggregate maturities of long-term obligations for each of the five years and thereafter subsequent to March 31, 2014, were as follows: | |||||||||
2014 (April 1 - December 31) | $ | 952 | |||||||
2015 (January 1 - December 31) | 15,417 | ||||||||
2016 (January 1 - December 31) | 318,788 | ||||||||
2017 (January 1 - December 31) | 506 | ||||||||
2018 (January 1 - December 31) | 114,287 | ||||||||
2019 (January 1 - December 31) | 278 | ||||||||
Thereafter | 3,622 | ||||||||
$ | 453,850 | ||||||||
Accumulated_Other_Comprehensiv1
Accumulated Other Comprehensive Loss (Tables) | 3 Months Ended | ||||||||||||
Mar. 31, 2014 | |||||||||||||
Equity [Abstract] | ' | ||||||||||||
Summary of Activity in Accumulated Other Comprehensive Loss | ' | ||||||||||||
The following table summarizes the activity in accumulated other comprehensive loss for the three month period ended March 31, 2014: | |||||||||||||
Defined | Interest | Total | |||||||||||
Benefit | Rate Swaps | ||||||||||||
Pension | |||||||||||||
Plan | |||||||||||||
Balance, December 31, 2013 | $ | (2,238 | ) | $ | (3,371 | ) | $ | (5,609 | ) | ||||
Other comprehensive income before reclassifications | 11 | 286 | 297 | ||||||||||
Reclassifications from accumulated comprehensive loss to net income | 108 | 358 | 466 | ||||||||||
Net other comprehensive income | 119 | 644 | 763 | ||||||||||
Balance, March 31, 2014 | $ | (2,119 | ) | $ | (2,727 | ) | $ | (4,846 | ) | ||||
Stock_Incentive_Plans_Tables
Stock Incentive Plans (Tables) | 3 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ||||||||||||||||
Summary of Activity for Stock Options | ' | ||||||||||||||||
The following table summarizes the stock option activity for the three month period ended March 31, 2014: | |||||||||||||||||
Number | Weighted | Weighted | Aggregate | ||||||||||||||
of Shares | Average | Average | Intrinsic | ||||||||||||||
Exercise | Remaining | Value | |||||||||||||||
Price | Life | ||||||||||||||||
Outstanding at December 31, 2013 | 24 | $ | 5.36 | ||||||||||||||
Granted | — | — | |||||||||||||||
Exercised | — | — | |||||||||||||||
Canceled or expired | — | — | |||||||||||||||
Outstanding at March 31, 2014 | 24 | $ | 5.36 | 0.32 | $ | — | |||||||||||
Exercisable at March 31, 2014 | 24 | $ | 5.36 | 0.32 | $ | — | |||||||||||
Summary of Activity for Restricted Stock Units, Long-Term Incentive Awards and Non-Employee Director Stock Compensation | ' | ||||||||||||||||
The following table summarizes the restricted stock unit, long-term incentive award and non-employee director stock compensation activity for the three month period ended March 31, 2014: | |||||||||||||||||
Number | Weighted | ||||||||||||||||
of Shares | Average | ||||||||||||||||
Grant Date | |||||||||||||||||
Fair Value | |||||||||||||||||
Nonvested at December 31, 2013 | 946 | $ | 3.58 | ||||||||||||||
Granted | 878 | 1.89 | |||||||||||||||
Vested | (506 | ) | 3.82 | ||||||||||||||
Canceled or expired | — | 5.68 | |||||||||||||||
Nonvested at March 31, 2014 | 1,318 | $ | 2.36 | ||||||||||||||
Summary of Activity for Performance Share Units | ' | ||||||||||||||||
The following table summarizes the performance share unit activity for the three month period ended March 31, 2014: | |||||||||||||||||
Number | Weighted | ||||||||||||||||
of Shares | Average | ||||||||||||||||
Grant Date | |||||||||||||||||
Fair Value | |||||||||||||||||
Nonvested at December 31, 2013 | 1,184 | $ | 2.94 | ||||||||||||||
Granted | — | — | |||||||||||||||
Vested | (498 | ) | 2.14 | ||||||||||||||
Canceled or expired | (2 | ) | 1.92 | ||||||||||||||
Nonvested at March 31, 2014 | 684 | $ | 3.53 | ||||||||||||||
Summary of Assumptions Used for Valuation of Equity Instruments Granted | ' | ||||||||||||||||
The following table summarizes the assumptions used for valuation of equity instruments granted during the three month periods ended March 31, 2014 and 2013: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Restricted stock: | |||||||||||||||||
Risk free rate | 0.03% - 0.19% | 0.03% - 0.09% | |||||||||||||||
Expected annual forfeiture rate | 9% | 0% - 9% | |||||||||||||||
Share-Based Compensation | ' | ||||||||||||||||
The following table provides selected information about the Company’s share-based compensation for the three month periods ended March 31, 2014 and 2013: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Total compensation cost for share-based payments | $ | 653 | $ | 1,219 | |||||||||||||
Weighted average grant-date fair value of equity instruments granted (per share) | $ | 1.89 | $ | 1.79 | |||||||||||||
Total grant date fair value of shares vested during the period | $ | 2,716 | $ | 4,563 | |||||||||||||
Total intrinsic value of options exercised | $ | — | $ | — | |||||||||||||
Unamortized share-based payments | $ | 2,587 | $ | 2,597 | |||||||||||||
Weighted average period (in years) to be recognized as expense | 1.7 | 2 |
Earnings_Per_Share_Tables
Earnings Per Share (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Calculation of Basic and Diluted Earnings Per Share | ' | ||||||||
The calculation of basic and diluted earnings per share for the three month periods ended March 31, 2014 and 2013 are as follows: | |||||||||
2014 | 2013 | ||||||||
Net income (loss) applicable to common shares | $ | (385 | ) | $ | 3,468 | ||||
Weighted average common shares outstanding: | |||||||||
Basic shares | 48,913 | 46,055 | |||||||
Effect of stock-based compensation | — | 508 | |||||||
Diluted shares | 48,913 | 46,563 | |||||||
Earnings per share: | |||||||||
Basic | $ | (0.01 | ) | $ | 0.08 | ||||
Diluted | $ | (0.01 | ) | $ | 0.07 | ||||
Retirement_Plans_Tables
Retirement Plans (Tables) | 3 Months Ended | ||||||||
Mar. 31, 2014 | |||||||||
Compensation And Retirement Disclosure [Abstract] | ' | ||||||||
Summary of Net Periodic Pension Expense for ACS Retirement Plan | ' | ||||||||
The following table presents the net periodic pension expense for the ACS Retirement Plan for the three month periods ended March 31, 2014 and 2013: | |||||||||
2014 | 2013 | ||||||||
Interest cost | $ | 160 | $ | 160 | |||||
Expected return on plan assets | (180 | ) | (180 | ) | |||||
Amortization of loss | 204 | 203 | |||||||
Net periodic pension expense | $ | 184 | $ | 183 | |||||
Description_of_Company_and_Sum2
Description of Company and Summary of Significant Accounting Policies - Additional Information (Detail) | 3 Months Ended | |||
Mar. 31, 2014 | Jan. 31, 2014 | Dec. 31, 2013 | Aug. 31, 2010 | |
TekMate, LLC [Member] | ' | ' | ' | ' |
Significant Accounting Policies [Line Items] | ' | ' | ' | ' |
Percentage ownership interest in equity method investments | ' | 51.00% | ' | 49.00% |
Business purchase date | 31-Aug-10 | ' | ' | ' |
Percentage ownership interest in equity method investments | 100.00% | ' | 49.00% | ' |
Alaska Wireless Network, LLC [Member] | ' | ' | ' | ' |
Significant Accounting Policies [Line Items] | ' | ' | ' | ' |
Percentage ownership interest in equity method investments | 33.33% | ' | 33.00% | ' |
Acquisition_of_TekMate_Additio
Acquisition of TekMate - Additional Information (Detail) (USD $) | 0 Months Ended | 3 Months Ended | ||
In Thousands, unless otherwise specified | Jan. 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Aug. 31, 2010 |
Business Acquisition [Line Items] | ' | ' | ' | ' |
Equity Method Investment | ' | $262,130 | $266,972 | ' |
Earnings of equity method investment | ' | 8,523 | ' | ' |
TekMate, LLC [Member] | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' |
Percentage ownership interest in equity method investment in TekMate, LLC | 51.00% | ' | ' | 49.00% |
Business purchase date | ' | 31-Aug-10 | ' | ' |
Purchase of equity investment | ' | 2,060 | ' | ' |
Equity Method Investment | 831 | ' | 853 | ' |
Earnings of equity method investment | 12 | ' | ' | ' |
Cash distributions | 33 | ' | ' | ' |
Undistributed earnings | 0 | ' | ' | ' |
TekMate, LLC [Member] | Minimum [Member] | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' |
Consideration payable in cash | ' | 0 | ' | ' |
TekMate, LLC [Member] | Maximum [Member] | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' |
Consideration payable in cash | ' | 700 | ' | ' |
TekMate, LLC [Member] | Forecast [Member] | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' |
Consideration payable in cash or stock | ' | $800 | ' | ' |
Acquisition_of_TekMate_Prelimi
Acquisition of TekMate - Preliminary Estimate of the Fair Value of the Assets Acquired and Liabilities Assumed (Detail) (USD $) | Jan. 31, 2014 |
In Thousands, unless otherwise specified | |
Business Combination Description [Abstract] | ' |
Current assets | $1,020 |
Non-current assets | 370 |
Current liabilities | 467 |
Non-current liabilities | 247 |
Net assets acquired and liabilities assumed | $676 |
Acquisition_of_TekMate_Prelimi1
Acquisition of TekMate - Preliminary Estimate of Goodwill on the Acquisition (Detail) (USD $) | Mar. 31, 2014 | Jan. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |||
Business Acquisition [Line Items] | ' | ' | ' |
Fair value of equity method investment | $262,130 | ' | $266,972 |
Total net assets | ' | 676 | ' |
Goodwill | 5,892 | ' | 4,650 |
TekMate, LLC [Member] | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' |
Consideration provided (including fair value of contingent consideration) | 1,087 | ' | ' |
Fair value of equity method investment | 831 | ' | ' |
Total consideration | 1,918 | ' | ' |
Fair value of assets acquired | 1,390 | ' | ' |
Fair value of liabilities assumed | -714 | ' | ' |
Total net assets | 676 | ' | ' |
Goodwill | $1,242 | ' | ' |
Equity_Method_Investment_Addit
Equity Method Investment - Additional Information (Detail) (Alaska Wireless Network, LLC [Member], USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2014 |
In Thousands, unless otherwise specified | Minimum [Member] | Maximum [Member] | ||
Schedule of Equity Method Investments [Line Items] | ' | ' | ' | ' |
Percentage ownership interest in equity method investments | 33.33% | 33.00% | ' | ' |
AWN Wireless Equipment Subsidy to GCI | $0 | ' | $0 | $5,500 |
Earnings from equity method investees | ' | ' | $0 | $1,833 |
Equity_Method_Investment_Sched
Equity Method Investment - Schedule of Company's Ownership Interest and Investment (Detail) (USD $) | Mar. 31, 2014 | Jan. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | |||
Schedule of Equity Method Investments [Line Items] | ' | ' | ' |
Equity Method Investment | 262,130 | ' | $266,972 |
TekMate, LLC [Member] | ' | ' | ' |
Schedule of Equity Method Investments [Line Items] | ' | ' | ' |
Percentage Ownership Interest in equity method investment | 100.00% | ' | 49.00% |
Equity Method Investment | ' | 831 | 853 |
Alaska Wireless Network, LLC [Member] | ' | ' | ' |
Schedule of Equity Method Investments [Line Items] | ' | ' | ' |
Percentage Ownership Interest in equity method investment | 33.33% | ' | 33.00% |
Equity Method Investment | 262,130 | ' | $266,119 |
Equity_Method_Investments_Summ
Equity Method Investments - Summarized Financial Information (Detail) (USD $) | 3 Months Ended | ||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 |
Schedule of Equity Method Investments [Line Items] | ' | ' | ' |
Current assets | $94,423 | ' | $102,147 |
Current liabilities | 82,808 | ' | 93,401 |
Equity | 133,623 | ' | 133,173 |
Operating revenues | 78,331 | 91,059 | ' |
Net income | -385 | 3,468 | ' |
Alaska Wireless Network, LLC [Member] | ' | ' | ' |
Schedule of Equity Method Investments [Line Items] | ' | ' | ' |
Current assets | 153,360 | ' | ' |
Non-current assets | 542,583 | ' | ' |
Current liabilities | 100,395 | ' | ' |
Non-current liabilities | 26,353 | ' | ' |
Equity | 569,195 | ' | ' |
Operating revenues | 63,037 | ' | ' |
Gross profit | 43,918 | ' | ' |
Operating income | 26,969 | ' | ' |
Net income | 26,877 | ' | ' |
Adjusted Free Cash Flow | $34,501 | ' | ' |
Equity_Method_Investments_Sche
Equity Method Investments - Schedule of Reconciliation of Total Equity to Equity Method Investment (Detail) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Schedule of Equity Method Investments [Line Items] | ' | ' |
Equity | $133,623 | $133,173 |
ACS investment in AWN | 262,130 | 266,972 |
Alaska Wireless Network, LLC [Member] | ' | ' |
Schedule of Equity Method Investments [Line Items] | ' | ' |
Equity | 569,195 | ' |
Step-up in basis of GCI contribution attributable to ACS, net of amortization of fair value adjustment | 33,942 | ' |
Difference in distribution | 4,167 | ' |
Difference in preliminary estimate of fair value | -3,950 | ' |
Difference in income allocation method | -6,055 | ' |
ACS investment in AWN | 262,130 | 266,119 |
ACS [Member] | ' | ' |
Schedule of Equity Method Investments [Line Items] | ' | ' |
Equity | 234,026 | ' |
GCI [Member] | ' | ' |
Schedule of Equity Method Investments [Line Items] | ' | ' |
Equity | $335,169 | ' |
Fair_Value_Measurements_Additi
Fair Value Measurements - Additional Information (Detail) (USD $) | 3 Months Ended | ||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Long-term obligations | $443,645 | ' | $456,257 |
Notional amounts of floating-to-fixed interest rate swaps, one | 115,500 | ' | ' |
Notional amounts of floating-to-fixed interest rate swaps, two | 77,000 | ' | ' |
Interest rate of floating-to-fixed interest rate swaps, one | 7.22% | ' | ' |
Interest rate of floating-to-fixed interest rate swaps, two | 7.23% | ' | ' |
LIBOR spread | 4.75% | ' | ' |
Commencing swaps date | 30-Jun-12 | ' | ' |
Expiry date | 30-Sep-15 | ' | ' |
Notional amounts of floating-to-fixed interest rate swaps | 192,500 | 385,000 | ' |
Estimated Value [Member] | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Fair value of long-term obligations | 428,682 | ' | ' |
Carrying Values [Member] | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Long-term obligations | $443,645 | ' | ' |
Fair_Value_Measurements_Balanc
Fair Value Measurements - Balances of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (Interest Rate Swaps [Member], USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' |
Other long-term liabilities, Interest rate swaps | ($2,750) | ($3,234) | ($8,959) | ($9,819) |
Level 1 [Member] | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' |
Other long-term liabilities, Interest rate swaps | ' | ' | ' | ' |
Level 2 [Member] | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' |
Other long-term liabilities, Interest rate swaps | -2,750 | -3,234 | ' | ' |
Level 3 [Member] | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' |
Other long-term liabilities, Interest rate swaps | ' | ' | ' | ' |
Fair_Value_Measurements_Schedu
Fair Value Measurements - Schedule of Floating-to-Fixed Interest Rate Swap (Detail) (Interest Rate Swaps [Member], USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Interest Rate Swaps [Member] | ' | ' |
Schedule of Trading Securities and Other Trading Assets [Line Items] | ' | ' |
Beginning Balance | $3,234 | $9,819 |
Reclassified from accumulated other comprehensive loss to other long-term liabilities | -484 | -440 |
Change in fair value credited to interest expense | ' | -420 |
Ending Balance | $2,750 | $8,959 |
LongTerm_Obligations_Schedule_
Long-Term Obligations - Schedule of Long-term Obligations (Detail) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Debt Instrument [Line Items] | ' | ' |
Capital leases and other long-term obligations | $7,150 | $7,257 |
Long-term obligations | 443,645 | 456,257 |
Less current portion | -4,798 | -14,256 |
Long-term obligations, net of current portion | 438,847 | 442,001 |
2010 Senior Credit Facility Term Loan Due 2016 [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Long-term obligations | 332,700 | 345,900 |
Debt instrument unamortized discount | -1,479 | -1,687 |
6.25% Convertible Notes Due 2018 [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Long-term obligations | 114,000 | 114,000 |
Debt instrument unamortized discount | ($8,726) | ($9,213) |
LongTerm_Obligations_Schedule_1
Long-Term Obligations - Schedule of Long-term Obligations (Parenthetical) (Detail) | 3 Months Ended |
Mar. 31, 2014 | |
2010 Senior Credit Facility Term Loan Due 2016 [Member] | ' |
Debt Instrument [Line Items] | ' |
Maturity year of senior credit facility term loan - start | 21-Oct-10 |
Maturity year of convertible notes | 21-Oct-16 |
6.25% Convertible Notes Due 2018 [Member] | ' |
Debt Instrument [Line Items] | ' |
Interest rate of convertible notes | 6.25% |
Maturity year of convertible notes | 1-May-18 |
LongTerm_Obligations_Schedule_2
Long-Term Obligations - Schedule of Aggregate Maturities of Long-term Obligations (Detail) (USD $) | Mar. 31, 2014 |
In Thousands, unless otherwise specified | |
Debt Disclosure [Abstract] | ' |
2014 (April 1 - December 31) | $952 |
2015 (January 1 - December 31) | 15,417 |
2016 (January 1 - December 31) | 318,788 |
2017 (January 1 - December 31) | 506 |
2018 (January 1 - December 31) | 114,287 |
2019 (January 1 - December 31) | 278 |
Thereafter | 3,622 |
Total | $453,850 |
Accumulated_Other_Comprehensiv2
Accumulated Other Comprehensive Loss - Summary of Activity in Accumulated Other Comprehensive Loss (Detail) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Beginning Balance | ($5,609) | ' |
Other comprehensive income before reclassifications | 297 | ' |
Reclassifications from accumulated comprehensive loss to net income | 466 | ' |
Total other comprehensive income | 763 | 632 |
Ending Balance | -4,846 | ' |
Interest Rate Swaps [Member] | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Beginning Balance | -3,371 | ' |
Other comprehensive income before reclassifications | 286 | ' |
Reclassifications from accumulated comprehensive loss to net income | 358 | ' |
Total other comprehensive income | 644 | ' |
Ending Balance | -2,727 | ' |
Defined Benefit Pension Plans [Member] | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' |
Beginning Balance | -2,238 | ' |
Other comprehensive income before reclassifications | 11 | ' |
Reclassifications from accumulated comprehensive loss to net income | 108 | ' |
Total other comprehensive income | 119 | ' |
Ending Balance | ($2,119) | ' |
Accumulated_Other_Comprehensiv3
Accumulated Other Comprehensive Loss - Additional Information (Detail) (Interest Expense [Member], Next Twelve Months [Member], USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 |
Interest Expense [Member] | Next Twelve Months [Member] | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' |
Accumulated other comprehensive loss to be reclassified to interest expense | $1,278 |
Stock_Incentive_Plans_Summary_
Stock Incentive Plans - Summary of Activity for Stock Options (Detail) (USD $) | 3 Months Ended |
In Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2014 |
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' |
Number of Shares - Outstanding, December 31, 2013 | 24 |
Number of Shares - Granted | ' |
Number of Shares - Exercised | ' |
Number of Shares - Canceled or expired | ' |
Number of Shares - Outstanding at March 31, 2014 | 24 |
Number of Shares - Exercisable at March 31, 2014 | 24 |
Weighted Average Exercise Price - Outstanding, December 31, 2013 | $5.36 |
Weighted Average Exercise Price - Granted | ' |
Weighted Average Exercise Price - Exercised | ' |
Weighted Average Exercise Price - Canceled or expired | ' |
Weighted Average Exercise Price - Outstanding at March 31, 2014 | $5.36 |
Weighted Average Exercise Price - Exercisable at March 31, 2014 | $5.36 |
Weighted Average Remaining Life - Outstanding at March 31, 2014 | '3 months 26 days |
Weighted Average Remaining Life - Exercisable at March 31, 2014 | '3 months 26 days |
Aggregate Intrinsic Value - Outstanding at March 31, 2014 | ' |
Aggregate Intrinsic Value - Exercisable at March 31, 2014 | ' |
Stock_Incentive_Plans_Summary_1
Stock Incentive Plans - Summary of Activity for Restricted Stock Units, Long-Term Incentive Awards and Non-Employee Director Stock Compensation (Detail) (Restricted Stock Units [Member], USD $) | 3 Months Ended |
In Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2014 |
Restricted Stock Units [Member] | ' |
Summary of activity for restricted stock units, long-term incentive awards and non-employee director stock compensation | ' |
Number of Shares - Nonvested at December 31, 2013 | 946 |
Number of Shares - Granted | 878 |
Number of Shares - Vested | -506 |
Number of Shares - Canceled or expired | ' |
Number of Shares - Nonvested at March 31, 2014 | 1,318 |
Weighted Average Grant Date Fair Value - Nonvested at December 31, 2013 | $3.58 |
Weighted Average Grant Date Fair Value - Granted | $1.89 |
Weighted Average Grant Date Fair Value - Vested | $3.82 |
Weighted Average Grant Date Fair Value - Canceled or expired | $5.68 |
Weighted Average Grant Date Fair Value - Nonvested at March 31, 2014 | $2.36 |
Stock_Incentive_Plans_Summary_2
Stock Incentive Plans - Summary of Activity for Performance Share Units (Detail) (Performance Share Units [Member], USD $) | 3 Months Ended |
In Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2014 |
Performance Share Units [Member] | ' |
Summary of activity for performance share units | ' |
Number of Shares - Nonvested at December 31, 2013 | 1,184 |
Number of Shares - Granted | ' |
Number of Shares - Vested | -498 |
Number of Shares - Canceled or expired | -2 |
Number of Shares - Nonvested at March 31, 2014 | 684 |
Weighted Average Grant Date Fair Value - Nonvested at December 31, 2013 | $2.94 |
Weighted Average Grant Date Fair Value - Granted | ' |
Weighted Average Grant Date Fair Value - Vested | $2.14 |
Weighted Average Grant Date Fair Value - Canceled or expired | $1.92 |
Weighted Average Grant Date Fair Value - Nonvested at March 31, 2014 | $3.53 |
Stock_Incentive_Plans_Summary_3
Stock Incentive Plans - Summary of Assumptions Used for Valuation of Equity Instruments Granted (Detail) (Restricted Stock [Member]) | 3 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Restricted stock: | ' | ' |
Risk free rate, Minimum | 0.03% | 0.03% |
Risk free rate, Maximum | 0.19% | 0.09% |
Expected annual forfeiture rate | 9.00% | ' |
Minimum [Member] | ' | ' |
Restricted stock: | ' | ' |
Expected annual forfeiture rate | ' | 0.00% |
Maximum [Member] | ' | ' |
Restricted stock: | ' | ' |
Expected annual forfeiture rate | ' | 9.00% |
Stock_Incentive_Plans_ShareBas
Stock Incentive Plans - Share-Based Compensation (Detail) (USD $) | 3 Months Ended | |
In Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ' |
Total compensation cost for share-based payments | $653 | $1,219 |
Weighted average grant-date fair value of equity instruments granted (per share) | $1.89 | $1.79 |
Total grant date fair value of shares vested during the period | 2,716 | 4,563 |
Total intrinsic value of options exercised | ' | ' |
Unamortized share-based payments | $2,587 | $2,597 |
Weighted average period (in years) to be recognized as expense | '1 year 8 months 12 days | '2 years |
Earnings_Per_Share_Additional_
Earnings Per Share - Additional Information (Detail) (USD $) | 3 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | ||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Jan. 31, 2014 | Aug. 31, 2010 | Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 |
Common Stock [Member] | TekMate, LLC [Member] | TekMate, LLC [Member] | TekMate, LLC [Member] | Employee Stock Option [Member] | Stock Appreciation Rights (SARs) [Member] | Convertible Note [Member] | Convertible Note [Member] | |
Forecast [Member] | ||||||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Anti-dilutive shares excluded from calculation | 2,296 | ' | ' | ' | 311 | 311 | 11,088 | 11,672 |
Percentage ownership interest in equity method investments | ' | 51.00% | 49.00% | ' | ' | ' | ' | ' |
Consideration payable in cash or stock | ' | ' | ' | $800 | ' | ' | ' | ' |
Earnings_Per_Share_Calculation
Earnings Per Share - Calculation of Basic and Diluted Earnings Per Share (Detail) (USD $) | 3 Months Ended | |
In Thousands, except Per Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Earnings Per Share Basic And Diluted [Abstract] | ' | ' |
Net income (loss) applicable to common shares | ($385) | $3,468 |
Weighted average common shares outstanding: | ' | ' |
Basic shares | 48,913 | 46,055 |
Effect of stock-based compensation | ' | 508 |
Diluted shares | 48,913 | 46,563 |
Earnings per share: | ' | ' |
Basic | ($0.01) | $0.08 |
Diluted | ($0.01) | $0.07 |
Retirement_Plans_Summary_of_Ne
Retirement Plans - Summary of Net Periodic Pension Expense for ACS Retirement Plan (Detail) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Compensation And Retirement Disclosure [Abstract] | ' | ' |
Interest cost | $160 | $160 |
Expected return on plan assets | -180 | -180 |
Amortization of loss | 204 | 203 |
Net periodic pension expense | $184 | $183 |
Business_Segments_Additional_I
Business Segments - Additional Information (Detail) | 3 Months Ended |
Mar. 31, 2014 | |
Segment | |
Segment Reporting [Abstract] | ' |
Number of reportable segments in which business operates | 1 |
Commitments_and_Contingencies_
Commitments and Contingencies - Additional Information (Detail) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2014 |
Commitments And Contingencies Disclosure [Abstract] | ' |
Capital expenditures obligation | $5,000 |
Litigation reserves | $481 |