Document and Entity Information
Document and Entity Information - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2016 | Mar. 06, 2017 | Jun. 30, 2016 | |
Document And Entity Information [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2016 | ||
Document Fiscal Year Focus | 2,016 | ||
Document Fiscal Period Focus | FY | ||
Trading Symbol | ALSK | ||
Entity Registrant Name | ALASKA COMMUNICATIONS SYSTEMS GROUP INC | ||
Entity Central Index Key | 1,089,511 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Filer Category | Accelerated Filer | ||
Entity Common Stock, Shares Outstanding | 51,952,009 | ||
Entity Public Float | $ 84 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Current assets: | ||
Cash and cash equivalents | $ 21,228 | $ 36,001 |
Restricted cash | 1,917 | 1,824 |
Accounts receivable, net | 25,062 | 25,225 |
Materials and supplies | 4,917 | 4,674 |
Prepayments and other current assets | 5,995 | 8,068 |
Total current assets | 59,119 | 75,792 |
Property, plant and equipment | 1,349,899 | 1,337,098 |
Less: accumulated depreciation and amortization | (983,050) | (967,776) |
Property, plant and equipment, net | 366,849 | 369,322 |
Deferred income taxes | 14,718 | 16,660 |
Other assets | 1,674 | 1,827 |
Total assets | 442,360 | 463,601 |
Current liabilities: | ||
Current portion of long-term obligations | 1,973 | 3,671 |
Accounts payable, accrued and other current liabilities | 38,180 | 51,275 |
Advance billings and customer deposits | 4,167 | 4,513 |
Total current liabilities | 44,320 | 59,459 |
Long-term obligations, net of current portion | 177,626 | 185,018 |
Other long-term liabilities, net of current portion | 61,538 | 65,265 |
Total liabilities | 283,484 | 309,742 |
Commitments and contingencies | ||
Alaska Communications stockholders' equity: | ||
Common stock, $0.01 par value; 145,000 authorized; 51,477 and 50,530 issued and outstanding at December 31, 2016 and 2015, respectively | 515 | 505 |
Additional paid in capital | 159,474 | 156,971 |
Retained earnings (accumulated deficit) | 752 | (1,634) |
Accumulated other comprehensive loss | (2,910) | (3,086) |
Total Alaska Communications stockholders' equity | 157,831 | 152,756 |
Noncontrolling interest | 1,045 | 1,103 |
Total stockholders' equity | 158,876 | 153,859 |
Total liabilities and stockholders' equity | $ 442,360 | $ 463,601 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2016 | Dec. 31, 2015 |
Statement of Financial Position [Abstract] | ||
Common stock, par value | $ 0.01 | $ 0.01 |
Common stock, shares authorized | 145,000,000 | 145,000,000 |
Common stock, shares issued | 51,477,000 | 50,530,000 |
Common stock, shares outstanding | 51,477,000 | 50,530,000 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Operating revenues: | |||
Operating revenues, non-affiliates | $ 226,866 | $ 232,242 | $ 307,917 |
Operating revenues, affiliates | 575 | 6,946 | |
Total operating revenues | 226,866 | 232,817 | 314,863 |
Operating expenses: | |||
Cost of services and sales (excluding depreciation and amortization), non-affiliates | 102,137 | 107,162 | 123,854 |
Cost of services and sales (excluding depreciation and amortization), affiliates | 4,961 | 57,116 | |
Selling, general and administrative | 70,209 | 88,389 | 101,398 |
Depreciation and amortization | 34,690 | 33,867 | 32,583 |
Loss (gain) on disposal of assets, net | 321 | (46,252) | 126 |
Loss on impairment of goodwill | 5,986 | ||
Earnings from equity method investments | (3,056) | (35,960) | |
Total operating expenses | 207,357 | 185,071 | 285,103 |
Operating income | 19,509 | 47,746 | 29,760 |
Other income and (expense): | |||
Interest expense | (15,447) | (19,841) | (34,410) |
Loss on extinguishment of debt | (336) | (4,878) | |
Interest income | 26 | 58 | 83 |
Total other income and (expense) | (15,757) | (24,661) | (34,327) |
Income (loss) before income tax (expense) benefit | 3,752 | 23,085 | (4,567) |
Income tax (expense) benefit | (1,499) | (10,200) | 1,787 |
Net income (loss) | 2,253 | 12,885 | (2,780) |
Less net loss attributable to noncontrolling interest | (133) | (69) | |
Net income (loss) attributable to Alaska Communications | 2,386 | 12,954 | (2,780) |
Other comprehensive income (loss): | |||
Minimum pension liability adjustment | (294) | (7) | (2,829) |
Income tax effect | 118 | 3 | 1,162 |
Amortization of defined benefit plan loss | 662 | 936 | 451 |
Income tax effect | (272) | (382) | (185) |
Interest rate swap marked to fair value | (170) | 600 | 1,543 |
Income tax effect | 70 | (245) | (634) |
Reclassification of loss on interest rate swaps | 106 | 1,970 | 1,613 |
Income tax effect | (44) | (810) | (663) |
Total other comprehensive (loss) income | 176 | 2,065 | 458 |
Total comprehensive income (loss) attributable to Alaska Communications | 2,562 | 15,019 | (2,322) |
Net loss attributable to noncontrolling interest | (133) | (69) | |
Total other comprehensive income attributable to noncontrolling interest | 0 | 0 | 0 |
Total comprehensive loss attributable to noncontrolling interest | (133) | (69) | |
Total comprehensive income (loss) | $ 2,429 | $ 14,950 | $ (2,322) |
Net income (loss) per share attributable to Alaska Communications: | |||
Basic | $ 0.05 | $ 0.26 | $ (0.06) |
Diluted | $ 0.05 | $ 0.25 | $ (0.06) |
Weighted average shares outstanding: | |||
Basic | 51,169 | 50,247 | 49,334 |
Diluted | 52,188 | 51,368 | 49,334 |
Consolidated Statements of Stoc
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($) shares in Thousands, $ in Thousands | Total | Common Stock [Member] | Additional Paid in Capital [Member] | Retained Earnings (Accumulated Deficit) [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Noncontrolling Interests [Member] |
Beginning Balance at Dec. 31, 2013 | $ 135,263 | $ 487 | $ 152,193 | $ (11,808) | $ (5,609) | |
Beginning Balance, Shares at Dec. 31, 2013 | 48,680 | |||||
Total comprehensive (loss) income | (2,322) | (2,780) | 458 | |||
Stock compensation | 2,511 | 2,511 | ||||
Surrender of shares to cover minimum withholding taxes on stock-based compensation | (593) | (593) | ||||
Issuance of common stock, pursuant to stock plans, $.01 par | 267 | $ 10 | 257 | |||
Issuance of common stock, pursuant to stock plans, $.01 par, Shares | 980 | |||||
Ending Balance at Dec. 31, 2014 | 135,126 | $ 497 | 154,368 | (14,588) | (5,151) | |
Ending Balance, Shares at Dec. 31, 2014 | 49,660 | |||||
Total comprehensive (loss) income | 14,950 | 12,954 | 2,065 | $ (69) | ||
Stock compensation | 2,008 | 2,008 | ||||
Excess tax benefit from share-based payments | 733 | 733 | ||||
Surrender of shares to cover minimum withholding taxes on stock-based compensation | (408) | (408) | ||||
Issuance of common stock, pursuant to stock plans, $.01 par | 278 | $ 8 | 270 | |||
Issuance of common stock, pursuant to stock plans, $.01 par, Shares | 870 | |||||
Contributions from noncontrolling interest | 1,172 | 1,172 | ||||
Ending Balance at Dec. 31, 2015 | 153,859 | $ 505 | 156,971 | (1,634) | (3,086) | 1,103 |
Ending Balance, Shares at Dec. 31, 2015 | 50,530 | |||||
Total comprehensive (loss) income | 2,429 | 2,386 | 176 | (133) | ||
Stock compensation | 2,830 | 2,830 | ||||
Extinguishment of convertible note options | (61) | (61) | ||||
Excess tax expense from share-based payments | (47) | (47) | ||||
Surrender of shares to cover minimum withholding taxes on stock-based compensation | (476) | (476) | ||||
Issuance of common stock, pursuant to stock plans, $.01 par | 267 | $ 10 | 257 | |||
Issuance of common stock, pursuant to stock plans, $.01 par, Shares | 947 | |||||
Contributions from noncontrolling interest | 75 | 75 | ||||
Ending Balance at Dec. 31, 2016 | $ 158,876 | $ 515 | $ 159,474 | $ 752 | $ (2,910) | $ 1,045 |
Ending Balance, Shares at Dec. 31, 2016 | 51,477 |
Consolidated Statements of Sto6
Consolidated Statements of Stockholders' Equity (Deficit) (Parenthetical) - $ / shares | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 |
Statement of Stockholders' Equity [Abstract] | |||
Common stock, par value | $ 0.01 | $ 0.01 | $ 0.01 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Cash Flows from Operating Activities: | |||
Net income (loss) | $ 2,253 | $ 12,885 | $ (2,780) |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
Depreciation and amortization | 34,690 | 33,867 | 32,583 |
Gain on wireless sale | (48,232) | ||
Loss on the disposal of assets | 321 | 1,980 | 126 |
Loss on impairment of goodwill | 5,986 | ||
Gain on ineffective hedge adjustment | (737) | (273) | |
Amortization of debt issuance costs and debt discount | 4,046 | 4,114 | 5,104 |
Amortization of ineffective hedge | 1,970 | 1,613 | |
Loss on extinguishment of debt | 336 | 4,878 | |
Amortization of deferred capacity revenue | (3,436) | (3,011) | (3,795) |
Stock-based compensation | 2,830 | 2,008 | 2,511 |
Deferred income tax expense (benefit) | 1,855 | 4,883 | (2,047) |
Charge for uncollectible accounts | 378 | 1,258 | 3,329 |
Cash distribution from equity method investments | 3,056 | 35,960 | |
Earnings from equity method investments | (3,056) | (35,960) | |
Other non-cash expense, net | 621 | 934 | 431 |
Income taxes payable | (514) | (351) | |
Changes in operating assets and liabilities | (6,127) | (3,865) | 8,381 |
Net cash provided by operating activities | 37,253 | 12,581 | 51,169 |
Cash Flows from Investing Activities: | |||
Capital expenditures | (30,920) | (50,914) | (46,423) |
Capitalized interest | (1,077) | (1,558) | (2,810) |
Change in unsettled capital expenditures | (8,304) | 3,995 | (2,003) |
Cash received in the acquisition of a business | 68 | ||
Proceeds on wireless sale | 285,160 | ||
Proceeds on sale of assets | 2,664 | 3,140 | 136 |
Return of capital from equity investment | 1,875 | 14,073 | |
Net change in restricted cash | (93) | (1,357) | |
Net cash (used) provided by investing activities | (37,730) | 240,341 | (36,959) |
Cash Flows from Financing Activities: | |||
Repayments of long-term debt | (13,421) | (333,961) | (24,419) |
Proceeds from the issuance of long-term debt | 90,061 | ||
Debt issuance costs | (544) | (4,901) | |
Cash paid for debt extinguishment | (150) | (391) | |
Cash paid in acquisition of business | (291) | (795) | |
Cash proceeds from noncontrolling interest | 75 | 250 | |
Payment of withholding taxes on stock-based compensation | (476) | (408) | (593) |
Excess tax (expense) benefit from share-based payments | (47) | 733 | |
Proceeds from the issuance of common stock | 267 | 278 | 267 |
Net cash used by financing activities | (14,296) | (248,630) | (25,540) |
Change in cash and cash equivalents | (14,773) | 4,292 | (11,330) |
Cash and cash equivalents, beginning of period | 36,001 | 31,709 | 43,039 |
Cash and cash equivalents, end of period | 21,228 | 36,001 | 31,709 |
Supplemental Cash Flow Data: | |||
Interest paid | 12,608 | 16,101 | 31,562 |
Income taxes paid, net | $ 205 | $ 4,936 | $ 260 |
Description of Company and Summ
Description of Company and Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2016 | |
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”, “ACS” or “Alaska Communications”), a Delaware corporation, through its operating subsidiaries, provides integrated communication services and managed information technology (“IT”) services to business, wholesale and consumer customers in the state of Alaska and beyond using its statewide and interstate telecommunications network. The accompanying consolidated financial statements are as of December 31, 2016 and 2015 and for the years ended December 31, 2016, 2015 and 2014. They represent the consolidated financial position, results of operations and cash flows of Alaska Communications and the following wholly-owned subsidiaries: • Alaska Communications Systems Holdings, Inc. (“ACS Holdings”) • ACS of Alaska, LLC (“ACSAK”) • ACS of the Northland, LLC (“ACSN”) • ACS of Fairbanks, LLC (“ACSF”) • ACS of Anchorage, LLC (“ACSA”) • ACS Wireless, Inc. (“ACSW”) • ACS Long Distance, LLC (“ACSLD”) • ACS Internet, LLC (“ACSI”) • ACS Messaging, Inc. (“ACSM”) • ACS Cable Systems, LLC (“ACSC”) • Crest Communications Corporation • WCI Cable, Inc. • WCI Hillsboro, LLC • Alaska Northstar Communications, LLC • WCI Lightpoint, LLC • WorldNet Communications, Inc. • Alaska Fiber Star, LLC • TekMate, LLC (“TekMate”) In addition to the wholly-owned subsidiaries, the Company has a fifty percent interest in ACS-Quintillion Joint Venture one-third one-third Sale of Wireless Operations” A summary of significant accounting policies followed by the Company is set forth below. Basis of Presentation The consolidated financial statements and notes include all accounts and subsidiaries of the Company in which it maintains a controlling financial interest. Intercompany accounts and transactions have been eliminated. Investments in entities where the Company is able to exercise significant influence, but not control, are accounted for by the equity method. For transactions with entities accounted for under the equity method, any intercompany profits on amounts still remaining are eliminated. Amounts originating from any deferral of intercompany profits are recorded within either the Company’s investment account or the account balance to which the transaction specifically relates (e.g., construction of fixed assets). Only upon settlement of the intercompany transaction with a third party is the deferral of the intercompany profit recognized by the Company. The Company has consolidated the financial results of the joint venture with QHL based on its determination that, for accounting purposes, it holds a controlling financial interest in the joint venture and is the primary beneficiary of this variable interest entity. The Company has accounted for and reported QHL’s 50% ownership interest in the joint venture as a noncontrolling interest. See Note 3 “ Joint Venture Use of Estimates The preparation of financial statements in conformity with Generally Accepted Accounting Principles in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Among the significant estimates affecting the financial statements are those related to the realizable value of accounts receivable and long-lived assets, the value of derivative instruments, deferred capacity revenue, legal contingencies, stock-based compensation and income taxes. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes is reasonable under the circumstances. Assumptions are adjusted as facts and circumstances dictate. More volatile capital markets, uncertainty on interest rates, and the continuation of low crude oil pricing have combined to increase the uncertainty in such estimates and assumptions. As future events and their effects cannot be determined with precision, actual results may differ significantly from those estimates. Changes in those estimates will be reflected in the financial statements of future periods. Cash and Cash Equivalents For purposes of the Consolidated Balance Sheets and Consolidated Statements of Cash Flows, the Company generally considers all highly liquid investments with a maturity at acquisition of three months or less to be cash equivalents. Restricted Cash Restricted cash as of December 31, 2016 consists of $1,917 held in certificates of deposits as required under the terms of certain contracts to which the Company is a party. When the restrictions are lifted, the Company will transfer these funds into its operating accounts. Trade Accounts Receivable and Bad Debt Reserves Trade accounts receivable are recorded at the invoiced amount and do not bear interest. Amounts collected on trade accounts receivable are included in net cash provided by operating activities in the Consolidated Statements of Cash Flows. The Company does not have any off-balance Materials and Supplies Materials and supplies are carried in inventory at the lower of moving average cost or market. Cash flows related to the sale of inventory are included in operating activities in the Company’s Consolidated Statements of Cash Flows. Exit Obligations In connection with the decision to sell its wireless operations, the Company incurred certain costs associated with the wind-down of its retail wireless operations that met the criteria for reporting as exit obligations. These costs were incurred in the fourth quarter of 2014 through 2015, and settlement of the liabilities was completed in 2016. The accounting policies for these costs were as follows: • Employee termination costs associated with reductions in retail stores, contact center, and other support organizations, and termination costs associated with synergies and future cost reductions resulting from the Company becoming a more focused broadband and managed IT services company were accrued equal to the payout amount, undiscounted due to the short duration, and amortized over the remaining required service period. These termination benefits included costs accounted for under both Accounting Standards Codification (“ASC”) 420, “Exit or Disposal Costs Obligations” (“ASC 420”) and ASC 712, “Compensation – Nonretirement Postemployment Benefits” (“ASC 712”). • Contract termination costs were accrued for retail store leases and a software contract where we incurred a charge to terminate the contract prior to their stated maturity. These costs were measured equal to the actual cost to terminate the contract and were recognized at the date the contract was terminated. • For retail store leases that were vacated, the costs were measured equal to the fair value of the remaining lease payments and recognized when the Company had ceased to use the property. • Costs associated with marking wireless handset and accessory inventory held for sale to fair value were expensed in the fourth quarter of 2014 and are included in “Cost of services and sales (excluding depreciation and amortization), non-affiliates” • Other associated costs that met the criteria of an exit activity were accrued when incurred. Property, Plant and Equipment Telephone property, plant and equipment are stated at historical cost of construction including certain capitalized overhead and interest charges. Renewals and betterments of telephone plant are capitalized, while repairs and renewals of minor items are charged to cost of services and sales (excluding depreciation and amortization) as incurred. The Company uses a group composite depreciation method in accordance with industry practice. Under this method, telephone plant, with the exception of land and capital leases, retired in the ordinary course of business, less salvage, is charged to accumulated depreciation with no gain or loss recognized. Non-telephone The Company is the lessee of equipment and buildings under capital leases expiring in various years through 2033. The assets and liabilities under capital leases are initially recorded at the lower of the present value of the minimum lease payments or the fair value of the assets at the inception of the lease. The assets are amortized over the shorter of their related lease terms or the estimated productive lives. Amortization of assets under capital leases is included in depreciation and amortization expense. The Company is also the lessee of various land, building and personal property under operating lease agreements for which expense is recognized on a monthly basis. Increases in rental rates are recorded as incurred which approximates the straight-line method. The Company capitalizes interest charges associated with construction in progress based on a weighted average interest cost calculated on the Company’s outstanding debt. Asset Retirement Obligations The Company records liabilities for obligations related to the retirement and removal of long-lived assets, consisting primarily of batteries and operating leases. The Company records, as liabilities, the estimated fair value of asset retirement obligations on a discounted cash flow basis when incurred, which is typically at the time the asset is installed or acquired. The obligations are conditional on the occurrence of future events. Uncertainty about the timing or settlement of the obligation is factored into the measurement of the liability. Amounts recorded for the related assets are increased by the amount of these obligations. Over time, the liabilities increase due to the change in their present value, the potential changes in assumptions or inputs, and the initial capitalized assets decline as they are depreciated over the useful life of the related assets. The liabilities are extinguished when the asset is taken out of service. Indefeasible Rights of Use Indefeasible rights of use (“IRU”) consist of agreements between the Company and a third party whereby one party grants access to a portion of its fiber network to the other party, or receives access to a portion of the fiber network of the other party. The access may consist of individually specified fibers or a specified number of fibers on the network. Certain of the Company’s IRU agreements consist of like kind exchanges for which the value of the access given up is determined to be equal to the value of the access received. Cash may or may not be exchanged depending on the terms of the agreement. For IRU agreements in which an equal amount of cash is received and paid and the transaction is determined to not have commercial substance, revenue and expense is not recognized in connection with the cash exchanged. For IRU agreements that are not like kind exchanges and for which the Company receives or pays cash, revenue and expense are recognized over the term of the agreement. Non-operating The Company periodically evaluates the fair value of its non-current non-operating non-operating non-operating Variable Interest Entities The Company’s ownership interest in ACS-Quintillion Joint Venture Equity Method of Accounting Investments in entities where the Company is able to exercise significant influence, but not control, are accounted for by the equity method. Under this method, equity investments are carried at acquisition cost, increased by the Company’s proportionate share of the investee’s comprehensive income, and decreased by the investee’s comprehensive losses up to our proportional ownership interest and cash distributions. The Company evaluates its investments in equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. At December 31, 2016 and 2015, the Company had no equity method investments. Deferred Capacity Revenue Deferred capacity liabilities are established for usage rights on the Company’s network provided to third parties. They are established at fair value and amortized to revenue on a straight line basis over the contractual life of the relevant contract. These liabilities include a deferred capacity revenue liability for future services to be provided to General Communications, Inc. (“GCI”) which is amortized over the contract life of up to 30 years. Goodwill The carrying value of the Company’s goodwill, net of accumulated impairment, was zero at December 31, 2016 and 2015. See Note 9 “ Goodwill and Other Intangible more-likely-than-not more-likely-than-not two-step Long-lived Asset Impairment Long-lived long-lived long-lived third-party Debt Issuance Costs and Discounts Debt issuance costs are capitalized and amortized to interest expense using the effective interest method over the term of the related instruments. Debt discounts are accreted to interest expense using the effective interest method. Debt issuance costs and debt discounts are presented as a direct deduction from the carrying amount of debt on the Company’s Consolidated Balance Sheet. Preferred Stock The Company has 5,000 shares of $0.01 par value preferred stock authorized, none of which were issued or outstanding at December 31, 2016 and 2015. Revenue Recognition Substantially all recurring non-usage Non-recurring Concentrations of Risk Cash is maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits and the Company enters into arrangements to collateralize these amounts with securities of the underlying financial institutions. Generally, these deposits may be redeemed upon demand. The Company has not experienced any losses on such deposits. The Company also depends on a limited number of suppliers and vendors for equipment and services for its network. The Company’s subscriber base and operating results could be adversely affected if these suppliers experience financial or credit difficulties, service interruptions, or other problems. As of December 31, 2016, approximately 56% of the Company’s employees are represented by the International Brotherhood of Electrical Workers, Local 1547 (“IBEW”). The Master Collective Bargaining Agreement (“CBA”) between the Company and the IBEW expired on December 31, 2016. As of the date of this report, negotiations for a new agreement are continuing, and the parties will operate under the terms of the prior agreement until a new contract is in place. The CBA provides the terms and conditions of employment for all IBEW represented employees working for the Company in the state of Alaska and has significant economic impacts on the Company as it relates to wage and benefit costs and work rules that affect our ability to provide superior service to our customers. The Company considered relations with the IBEW to be stable in 2016; however, any deterioration in the relationship with the IBEW would have a negative impact on the Company’s operations. The Company provides voice, broadband and managed IT services to its customers throughout Alaska. Accordingly, the Company’s financial performance is directly influenced by the competitive environment in Alaska, and by economic factors specifically in Alaska. The most significant economic factor is the level of Alaskan oil production and the per barrel price of relevant crude oil. A significant majority of the state’s unrestricted revenue comes from taxes assessed upon the production of this resource, and the price of crude oil impacts the level of investment by resource development companies. The drop in crude oil prices during the past three years has resulted in the State of Alaska reducing its spending, which is having a dampening impact on the overall state economy, including declining employment levels in 2016. Other important factors influencing the Alaskan economy include the level of tourism, government spending, and the movement of United States military personnel. Any further deterioration in these factors, particularly over a sustained period of time, would likely have a negative impact on the Company’s performance. As an entity that relies on the Federal Communications Commission (“FCC”) and state regulatory agencies to provide stable funding sources to provide services in high cost areas, the Company is also impacted by any changes in regulations or future funding mechanisms that are being established by these regulatory agencies. In 2016, 9% of the Company’s total revenues were derived from high cost support. Additionally, the Company considers the vulnerabilities of its network and IT systems to various cyber threats. While the Company has implemented several mitigating policies, technological safeguards and some insurance coverage, it is not possible to prevent every possible threat to its network and IT systems from deliberate cyber related attacks. Advertising Costs The Company expenses advertising costs as incurred. Advertising expense totaled $3,460, $4,065 and $4,741 in 2016, 2015 and 2014, respectively and is included in “Selling, general and administrative expense” in the Company’s Consolidated Statements of Comprehensive Income (Loss). Income Taxes The Company utilizes the asset-liability method of accounting for income taxes. Under the asset-liability method, deferred taxes reflect the temporary differences between the financial and tax basis of assets and liabilities using the enacted tax rates in effect in the years in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent that management believes it is more-likely-than-not “more-likely-than-not” Taxes Collected from Customers and Remitted to Government Authorities The Company excludes taxes collected from customers and payable to government authorities from revenue. Taxes payable to government authorities are presented as a liability on the Consolidated Balance Sheets. Regulatory Accounting and Regulation Certain activities of the Company are subject to rate regulation by the FCC for interstate telecommunication service and the Regulatory Commission of Alaska (“RCA”) for intrastate and local exchange telecommunication service. The Company, as required by the FCC, accounts for such activity separately. Long distance services of the Company are subject to regulation as a non-dominant non-common Derivative Financial Instruments The Company does not enter into derivative contracts for speculative purposes. The Company recognizes all asset or liability derivatives at fair value. The accounting for changes in fair value is contingent on the intended use of the derivative and its designation as a hedge. Derivatives that are not hedges are adjusted to fair value through earnings. If a derivative is a hedge, depending on the nature of the hedge, changes in fair value either offset the change in fair value of the hedged assets, liabilities or firm commitments through earnings, or are recognized in “Other comprehensive income (loss)” until the hedged transaction is recognized in earnings. On the date a derivative contract is entered into, the Company designates the derivative as either a fair value or cash flow hedge. The Company formally assesses, both at the hedge’s inception and on an on-going Dividend Policy The Company’s dividend policy is set by the Company’s Board of Directors and is subject to the terms of its 2015 Senior Credit Facilities and the continued current and future performance and liquidity needs of the Company. Dividends on the Company’s common stock are not cumulative to the extent they are declared. The Board has not authorized the payment of a dividend since 2012, and has not updated its dividend policy. Effective in the first quarter of 2017, the Company’s dividend policy is subject to the terms of its new senior credit facility. See Note 22 “ Subsequent Events Share-based Payments Restricted Stock Units (“RSUs”) The Company determines the fair value of RSUs based on the number of shares granted and the quoted closing market price of the Company’s common stock on the date of grant, discounted for estimated dividend payments that do not accrue to the employee during the vesting period. Compensation expense is recognized over the vesting period and adjustments are charged or credited to expense. RSUs are granted under the Company’s 2011 Incentive Award Plan. Performance Share Units (“PSUs”) The Company measures the fair value of each new PSU at the grant date. Adjustments each reporting period are based on changes to the expected achievement of the performance goals or if the PSUs otherwise vest, expire, or are determined by the Compensation Committee of the Company’s Board of Directors to be unlikely to vest prior to expiration. Adjustments are charged or credited to expense. Compensation expense is recorded over the expected performance period. PSUs are granted under the Company’s 2011 Incentive Award Plan. Employee Stock Purchase Plan (“ESPP”) The Company makes payroll deductions of from 1% to 15% of compensation from employees who elect to participate in the ESPP. A liability accretes during the 6-month Tax Treatment Stock-based compensation is treated as a temporary difference for income tax purposes and increases deferred tax assets until the compensation is realized for income tax purposes. To the extent that realized tax benefits exceed the book based compensation, the excess tax benefit is credited to additional paid in capital. Pension Benefits 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. The accumulated benefits and plan assets are not determined for, or allocated separately to, the individual employer. Defined Benefit Plan The ACS Retirement Plan, which is the Company’s sole single-employer defined benefit plan and covers a limited number of employees previously employed by a predecessor to one of our subsidiaries, is frozen. The Company recognizes the under-funded status of this plan as a liability on its balance sheet and recognizes changes in the funded status in the year in which the changes occur. The ACS Retirement Plan’s accumulated benefit obligation is the actuarial present value, as of the Company’s December 31 measurement date, of all benefits attributed by the pension benefit formula. The amount of benefits to be paid depends on a number of future events incorporated into the pension benefit formula, including estimates of the average life of employees or survivors and average years of service rendered. It is measured based on assumptions concerning future interest rates and future employee compensation levels. Unrecognized prior service credits and costs and net actuarial gains and losses are recognized as a component of other comprehensive income (loss), net of tax. Defined Contribution Plan The Company provides a 401(k) retirement savings plan covering substantially all of it employees. Discretionary company-matching contributions are determined by the Board of Directors. Earnings per Share The Company computes earnings per share based on the weighted number of shares of common stock and dilutive potential common share equivalents outstanding. This includes all issued and outstanding share-based payments. Recently Adopted Accounting Pronouncements In the first quarter of 2016, the Company adopted Accountings Standards Update (“ASU”) No. 2015-05, Intangibles – Goodwill and Other – Internal-Use 350-40), 2015-05”). 2015-05, 2015-05 Accounting Pronouncements Issued Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) 2014-09”). 2014-09 2014-09 No. 2016-10, Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing 2016-10”). No. 2016-12, Revenue from Contracts with Customers (Topic 606), Narrow-Scope Improvements and Practical Expedients 2016-12”). No. 2016-20, Revenue from Contracts with Customers (Topic 606), Technical Corrections and Improvements 2016-20”). 2016-10, 2016-12 2016-20 2014-09 2014-09 In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) 2016-02”). 2016-02 right-of-use right-of-use right-of-use right-of-use 2016-02 2016-02 2016-02 In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting 2016-09”). 2016-09 2016-09 2016-09 In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments 2016-15”). zero-coupon 2016-15 2016-15 In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230), Restricted Cash 2016-18”). beginning-of-period end-of-period 2016-18 2016-18 |
Sale of Wireless Operations
Sale of Wireless Operations | 12 Months Ended |
Dec. 31, 2016 | |
Discontinued Operations and Disposal Groups [Abstract] | |
Sale of Wireless Operations | 2. SALE OF WIRELESS OPERATIONS On December 4, 2014, the Company entered into a Purchase and Sale Agreement to sell to GCI, ACSW’s interest in the Alaska Wireless Network (“AWN”) and substantially all the assets and subscribers used primarily in the wireless business of Alaska Communications and its affiliates (the “Acquired Assets”) (the “Wireless Sale”). The Acquired Assets included, without limitation, all the equity interests of AWN owned or held by ACSW, substantially all of Alaska Communication’s wireless subscriber assets, including subscriber contracts, and certain network assets at predetermined demarcation points to the cell site locations, including certain fiber strands and associated cell site electronics and microwave facilities and associated electronics. This transaction also includes a capacity agreement with GCI whereby Alaska Communications provides certain capacity from the predetermined demarcation points to a central switch location and, if required, to points outside of Alaska. The transaction was completed on February 2, 2015, subject to resolution of potential additional purchase price adjustments. After final resolution in the third quarter of 2015 (as described below) of adjustments for certain working capital assets and liabilities, minimum subscriber levels, preferred distributions and other adjustments totaling $14,840, cash proceeds on the sale were $285,160, of which $240,472 was used to pay down the Company’s 2010 Senior Secured Credit Facility (“2010 Senior Credit Facility”). The Company recorded a gain before income tax of $48,232 in the year ended December 31, 2015. The two companies entered into a service transition plan in which Alaska Communications continued to provide certain retail and back office services to its previous wireless customers for an interim period, which was completed on April 17, 2015. This arrangement did not cover the full cost of providing the service. The fair value of these services was $4,769 and was reported as operating revenue. The fair value of the services exceeded the consideration received for this service by approximately $522. The $522 loss was included in the calculation of the gain on the sale. In May 2015, the Company received a cash payment from GCI of $1,680 for timely completion of a transition support agreement. The services provided by the Company in connection with this agreement were not consistent with services rendered in the normal course of business. Accordingly, this amount was included in cash proceeds and gain on the sale. On August 4, 2015, the Company and GCI entered into an agreement to resolve all outstanding issues between the parties associated with the Wireless Sale including finalization of the purchase price adjustments. In the third quarter of 2015, $7,092 of $9,000 cash placed in escrow at closing pending resolution of potential additional purchase price adjustments was disbursed to the Company and $1,680 was disbursed to GCI. The gain on and proceeds from the Wireless Sale described above include the $7,092 received from escrow in the third quarter of 2015. The remaining $228 of cash placed in escrow was disbursed to the Company upon timely completion of certain backhaul orders during the fourth quarter of 2015. These backhaul orders consisted of services rendered by the Company in the normal course of business, and the resulting margin was consistent with that typically generated from such services. Accordingly, the $228 was recorded as revenue. The following table provides the calculation of the gain: Consideration: Cash $ 44,688 Principal payment on 2010 Senior Credit Facility 240,472 Total consideration 285,160 Carrying value of assets and liabilities sold: Equity investment in AWN 250,192 Assets and liabilities, net 5,121 Net change in deferred capacity revenue (18,385 ) Total carrying value of assets and liabilities sold 236,928 Gain on disposal of assets $ 48,232 In addition to the major elements discussed above, Alaska Communications and its controlled affiliates are restricted from operating a wireless network or providing wireless products or services in Alaska for a period of four years after closing, except for: (a) fixed wireless replacement, (b) WiFi, (c) wireless backhaul and transport, (d) cell site leases and (e) acting as a wireless internet service provider. As part of the transaction, the Company initiated a plan to sell certain assets associated with realigning operations. These assets included certain handset inventory, which was sold, and retail store leases which were actively marketed for sale to third parties. Upon completion of the service transition plan, the Company accelerated its plan to achieve cost savings related to the wind-down of the wireless business and from the synergies derived from becoming a more focused broadband and managed IT services company. Exit from all retail store locations and the achievement of key cost savings were completed in 2015. The Company considered the sale of assets to GCI under the guidance of ASC 205-20, Although they did not meet the criteria for classification as held-for-sale, • The equity method investment in AWN, valued at $250,192, was sold to GCI on February 2, 2015. • The remaining Deferred AWN capacity revenue, which was created during the AWN transaction in 2013 and was being amortized over the 20-year • On February 2, 2015, the Company’s 2010 Senior Credit Facility was amended resulting in $240,472 in principal payments and the write-off Long-term Obligations. • Current deferred tax assets of $84,233 representing Federal and state net operating loss carry forwards and state alternative minimum tax credit carry forwards, and non-current In connection with its decision to sell its wireless operations, the Company incurred a number of transaction related and wind-down costs throughout 2015. In addition, costs were incurred in connection with plans associated with synergies and future cost reductions resulting from the Company becoming a more focused broadband and managed IT services company. The costs incurred for wind-down and synergy activities include those associated with workforce reductions, termination of retail store and other contracts, and other associated obligations that meet the criteria for reporting as exit obligations under ASC 420, “Exit or Disposal Cost Obligations” (“ASC 420”). The Company also incurred costs associated with termination benefits accounted for under ASC 712, “Compensation – Nonretirement Postemployment Benefits” (“ASC 712”). Significant wind-down costs included contract termination costs associated with retail store leases. These obligations included costs associated with the disposal of capital lease assets and liabilities and costs to vacate operating leases which had a remaining term of approximately 11 years and a remaining contract value of $2,797 at February 2, 2015. Exit from these leases was complete as of December 31, 2015. Transaction costs included legal, debt amendment, accounting and other costs necessary to consummate the transaction. The Company incurred costs totaling $13,272 in 2015 associated with the transaction and wind-down activities. These costs included exit costs of $10,745 presented in the table below and transaction and certain transition costs totaling $2,527. Of the $13,272, $4,893 was recorded to “Cost of services and sales (excluding depreciation and amortization), non-affiliates” The following table summarizes the Company’s obligations for exit activities, including costs accounted for under both ASC 420 and ASC 712, as of and for the years ended December 31, 2016, 2015 and 2014: Labor Contract Other Total Balance at December 31, 2013 $ — $ — $ — $ — Charged to expense 490 — 634 1,124 Paid and/or settled — — (634 ) (634 ) Balance at December 31, 2014 490 — — 490 Charged to expense 6,485 3,966 294 10,745 Paid and/or settled (5,752 ) (3,966 ) (294 ) (10,012 ) Balance at December 31, 2015 1,223 — — 1,223 Credited to expense (93 ) — — (93 ) Paid and/or settled (1,130 ) — — (1,130 ) Balance at December 31, 2016 $ — $ — $ — $ — The exit liability is included in “Accounts payable, accrued and other current liabilities” on the Company’s Consolidated Balance Sheet. |
Joint Venture
Joint Venture | 12 Months Ended |
Dec. 31, 2016 | |
Text Block [Abstract] | |
Joint Venture | 3. JOINT VENTURE In the second quarter of 2015, the Company entered into a series of transactions including the acquisition of a fiber optic network on the North Slope of Alaska and the establishment of a joint venture with QHL. The network enables commercially-available, high-speed connectivity where only high-cost microwave and satellite communications was previously available. Through the Alaska Communications and QHL joint venture, this network has been made available to other telecom carriers in the market. The transactions described below were all entered into concurrently on April 2, 2015 and in contemplation of each of the other transactions. Acquisition of Fiber Optic Network The Company, through its wholly-owned subsidiary ACS Cable Systems, LLC, acquired a fiber optic cable system (including conduit, licenses, permits and right-of-ways) Transactions with QHL The Company sold certain fiber strands from the Fiber Optic System to QHL for $5,300, $2,650 of which was paid by QHL at closing and the balance of which was paid on March 31, 2016. The Company and QHL also exchanged 30 year IRU agreements. Formation of Joint Venture On April 2, 2015, the Company, through its wholly-owned subsidiary ACS Cable Systems, LLC, entered into a joint venture agreement with QHL to form ACS-Quintillion in-field The Company determined that the Joint Venture is a Variable Interest Entity as defined in ASC 810, “Consolidation.” The Company consolidates the financial results of the Joint Venture based on its determination that, the 50 percent voting interest of each party notwithstanding, for accounting purposes it holds a controlling financial interest in, and is the primary beneficiary of, the Joint Venture. This determination was based on (i) the Company’s expected future utilization of certain assets of the Joint Venture in the operation of the Company’s business; (ii) the Company’ engineering, design, installation, service and maintenance expertise in the telecom industry and its existing relationships and presence in the Alaska telecom market are expected to be significant factors in the successful operation of the Joint Venture; and (iii) the Company’s role as Joint Venture manager and its right to a management fee equal to a percentage of the Joint Venture’s collected gross revenue. There was no gain or loss recognized by the Company on the initial consolidation of the Joint Venture. The Company has accounted for and reported QHL’s 50 percent ownership interest in the Joint Venture as a noncontrolling interest. The table below provides certain financial information about the Joint Venture included on the Company’s consolidated balance sheet at December 31, 2016 and 2015. Cash may be utilized only to settle obligations of the Joint Venture. Because the Joint Venture is an LLC, its creditors do not have recourse to the general credit of the Company. Property, plant and equipment, net, at December 31, 2016 reflects a $461 reduction associated with the capacity granted to the Company in connection with the amendment to the operating agreement discussed above. 2016 2015 Cash $ 67 $ 359 Property, plant and equipment, net of accumulated depreciation of $112 and $26 $ 2,029 $ 2,278 The operating results and cash flows of the Joint Venture in the years 2016 and 2015 were not material to the Company’s consolidated financial results. |
Accounts Receivable
Accounts Receivable | 12 Months Ended |
Dec. 31, 2016 | |
Receivables [Abstract] | |
Accounts Receivable | 4. ACCOUNTS RECEIVABLE Accounts receivable, net, consists of the following at December 31, 2016 and 2015: 2016 2015 Retail customers $ 17,511 $ 16,986 Wholesale carriers 4,293 3,391 Other 4,373 6,541 26,177 26,918 Less: allowance for doubtful accounts (1,115 ) (1,693 ) Accounts receivable, net $ 25,062 $ 25,225 Allowance for doubtful accounts consists of the following at December 31, 2016, 2015 and 2014. 2016 2015 2014 Balance at January 1 $ 1,693 $ 2,338 $ 6,193 Provision for uncollectible accounts 378 1,258 3,329 Charged to other accounts (13 ) 8 (2 ) Deductions (943 ) (1,911 ) (7,182 ) Balance at December 31 $ 1,115 $ 1,693 $ 2,338 |
Current Liabilities
Current Liabilities | 12 Months Ended |
Dec. 31, 2016 | |
Payables and Accruals [Abstract] | |
Current Liabilities | 5. CURRENT LIABILITIES Accounts payable, accrued and other current liabilities consist of the following at December 31, 2016 and 2015: 2016 2015 Accrued payroll, benefits, and related liabilities $ 14,395 $ 17,362 Accounts payable - trade 13,782 16,057 Note payable, non-interest — 5,500 Deferred capacity and other revenue 4,502 4,292 Other 5,501 8,064 $ 38,180 $ 51,275 Advance billings and customer deposits consist of the following at December 31, 2016 and 2015: 2016 2015 Advance billings $ 4,136 $ 4,482 Customer deposits 31 31 $ 4,167 $ 4,513 |
Equity Method Investments
Equity Method Investments | 12 Months Ended |
Dec. 31, 2016 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Equity Method Investments | 6. EQUITY METHOD INVESTMENTS The Company had no equity method investments at December 31, 2016 and 2015. See Note 2 “ Sale of Wireless Operations TekMate On August 31, 2010, the Company acquired a 49% interest in TekMate for $2,060. On January 31, 2014, the Company purchased the remaining 51% interest in TekMate for $1,573, of which $894 was paid in 2014 and $679 was paid in 2015. The Company accounted for the purchase of the remaining 51% interest in TekMate at fair value using the acquisition method. On January 31, 2014, the Company ceased to report TekMate as an equity method investment and consolidated its operations into Alaska Communications Systems Group, Inc. The following table represents the fair value of the assets acquired and liabilities assumed on January 31, 2014: Current assets $ 1,020 Non-current $ 370 Current liabilities $ 467 Non-current $ 247 Equity $ 676 Goodwill on the acquisition, which is 100% deductible for tax purposes, was as follows: Consideration provided (including fair value of contingent consideration) $ 1,181 Fair value of equity method investment 831 Total consideration 2,012 Fair value of assets acquired 1,390 Fair value of liabilities assumed (714 ) Total net assets 676 Goodwill $ 1,336 In the fourth quarter of 2014, the Company determined that its goodwill, including that recorded in connection with the acquisition of TekMate, was fully impaired and recorded an impairment charge totaling $5,986. See Note 9 “ Goodwill and Other Intangible Assets In the period January 1, 2014 to January 31, 2014 TekMate’s net income was $12 and it made cash distributions of $33 to the Company. At January 31, 2014, undistributed earnings of TekMate were $0. Pro forma financial information has been omitted because the acquisition was not material to the Company’s historical consolidated financial statements. AWN FORMATION On February 2, 2015, the Company sold its one-third Sale of Wireless Operations On July 22, 2013, the Company and GCI completed the transactions contemplated by the June 4, 2012 Asset Purchase and Contribution Agreement for the purpose of combining their wireless networks into AWN. Pursuant to the Contribution Agreement, Alaska Communications sold certain wireless assets to GCI for a cash payment of $100,000. GCI then contributed these assets, together with GCI’s wireless assets, to AWN in exchange for a two-thirds one-third At the closing, the parties entered into the First Amended and Restated Operating Agreement of The Alaska Wireless Network, LLC (the “Operating Agreement”) and other related agreements which governed the ongoing relationship among the parties. Under the terms of the Operating Agreement, AWN was managed by its majority owner, GCI, subject to certain protective rights retained by the Company and representation of one of three seats on AWN’s Board. Accordingly, Alaska Communications had the ability to exercise significant influence over AWN and accounted for its investment under the equity method in accordance with ASC 323, “Investments – Equity Method and Joint Ventures.” The Operating Agreement provided that Alaska Communications was entitled to a cumulative preferred cash distribution of up to $12,500 of Adjusted Free Cash Flow, as defined in the agreement, in each of the first eight quarters after closing and $11,250 in each of the eight quarters thereafter (Alaska Communications’ preference period). A national valuation firm was engaged by the parties to assist in the determination of the fair value of AWN including the preferred distribution and the allocation of the purchase price to the assets and liabilities. This valuation was completed in the second quarter of 2014 and assigned a valuation to the AWN Equity Investment of $266,000 and to the Deferred AWN Capacity Revenue of $64,627. The carrying value of the AWN Equity Investment and Deferred AWN Capacity Revenue at December 31, 2014 were $252,067 and $59,964, respectively. The “ Deferred AWN capacity revenue” 20-year In the second quarter of 2014, the Company received the final valuation report and as a result trued up the value of its capacity contribution to AWN and its pre-tax The following table represents the calculation of the gain: Consideration received: Investment $ 266,000 Cash 100,000 Total consideration received 366,000 Consideration provided: Net intangible and tangible assets 90,500 Deferred AWN capacity revenue 64,627 Total consideration provided 155,127 Gain on disposal of assets $ 210,873 In the period January 1 through February 2, 2015, the Company’s share of AWN’s adjusted free cash flow was $764 which was received in the first quarter of 2015. In the year ended December 31, 2014, the Company’s share of AWN’s adjusted free cash flow was $50,000, of which $45,833 was received during the period and $4,167 was paid within the subsequent 12-day 12-day Summarized financial information for AWN is as follows: Twelve January 1 Twelve Operating revenues $ — $ 21,457 $ 252,864 Gross profit $ — $ 15,745 $ 179,243 Operating income $ — $ 9,757 $ 113,772 Net income $ — $ 9,722 $ 113,404 Adjusted free cash flow (1) $ — $ 10,805 $ 106,937 (1) Adjusted free cash flow is defined in the Operating Agreement. AWN was organized as a limited liability corporation and was a flow-through entity for income tax purposes. |
Fair Value Measurements
Fair Value Measurements | 12 Months Ended |
Dec. 31, 2016 | |
Fair Value Disclosures [Abstract] | |
Fair Value Measurements | 7. FAIR VALUE MEASUREMENTS The Company has developed valuation techniques based upon observable and unobservable inputs to calculate the fair value of non-current • Level 1- • Level 2- • Level 3- 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 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 6.25% Convertible Notes due 2018 (“6.25% Notes”) Notes of $91,729 at December 31, 2016, was estimated based on quoted market prices for identical instruments on dates different from the market trade date value (Level 2). The carrying value of the 6.25% Notes at December 31, 2016 was $91,729. The carrying values of the Company’s 2015 Senior Credit Facilities and other long-term obligations of $90,075 at December 31, 2016 approximate fair value primarily as a result of the stated interest rates of the 2015 Senior Credit Facilities approximating current market rates (Level 2). Fair Value Measurements on a Recurring Basis The following table presents the liabilities measured at fair value on a recurring basis as of December 31, 2016 and 2015 at each hierarchical level. There were no transfers into or out of Levels 1 and 2 during 2016. December 31, 2016 December 31, 2015 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Other long-term liabilities: Interest rate swaps $ 100 $ — $ 100 $ — $ 79 $ — $ 79 $ — Derivative Financial Instruments The Company currently uses interest rate swaps to manage variable interest rate risk. At low LIBOR rates, payments under the swaps increase the Company’s cash interest expense. 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 swaps. 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. As a component of the Company’s cash flow hedging strategy and to comply with the terms of the 2015 Senior Credit Facilities, on November 27, 2015, the Company entered into a pay-fixed, Accumulated Other Comprehensive Loss The Company’s new senior credit facility entered into on March 13, 2017, also requires hedging a portion of the variable rate interest payments under the agreement. The new credit agreement is not expected to impact the effectiveness of the interest rate swap described above. See Note 22 “Subsequent Events.” In connection with the Company’s 2010 Senior Credit Facility, swaps in the notional amounts of $115,500 and $77,000 with interest rates of 7.220% and 7.225%, inclusive of a 4.75% LIBOR spread, began on June 30, 2012 and expired on September 30, 2015. On December 4, 2014, upon the announcement of the sale of its wireless operations, $240,472 of the Company’s 2010 Senior Credit Facility was expected to be repaid. Hedge accounting treatment on the interest rate swap in the notional amount of $115,500 was discontinued because it became “possible” that the interest payments on which the swap were intended to hedge would not occur. At February 2, 2015, 95.5% or $110,268 of the $115,500 swap was deemed ineffective and, therefore, changes in fair value through the swap’s expiration on September 30, 2015 were recorded to interest expense. Through December 31, 2015, $820 was credited to interest expense for the ineffective portion of these swaps. The following table presents the notional amount, fair value and balance sheet classification of the Company’s derivative financial instruments designated as cash flow hedges as of December 31, 2016 and 2015: Balance Sheet Location Notional Fair At December 31, 2016: Interest rate swaps Other long-term liabilities $ 42,750 $ 100 At December 31, 2015: Interest rate swaps Other long-term liabilities $ 44,827 $ 79 The following table presents gains and losses before income taxes on the Company’s interest rate swaps designated as cash flow hedges for the years ending December 31, 2016, 2015 and 2014. 2016 2015 2014 (Loss) gain recognized in accumulated other comprehensive loss $ (170 ) $ 600 $ 1,543 Loss reclassified from accumulated other comprehensive loss $ (106 ) $ (1,970 ) $ (1,613 ) Gain recognized in interest expense (ineffective portion and amount excluded from effectiveness testing) $ — $ 737 $ — The following table presents a reconciliation of the carrying value of the Company’s interest rate swaps, which are included in “Other long-term liabilities, net of current portion” on the balance sheet, as of and for the years ending December 31, 2016 and 2015: 2016 2015 Balance at January 1 $ 79 $ 1,416 Reclassified from other long-term liabilities to accumulated other comprehensive loss 170 (600 ) Change in fair value credited to interest expense (149 ) (737 ) Balance at December 31 $ 100 $ 79 Fair Value Measurements on a Non-Recurring Deferred Capacity Revenue As discussed in Note 2 “ Sale of Wireless Operations,” The following table describes the valuation techniques used to measure the fair value of the service obligation at February 2, 2015 and the significant unobservable inputs and values for those inputs: Description Estimated Valuation Technique Level 3 Unobservable Inputs Significant Deferred Capacity Revenue $ 41,287 Cost/Replacement Weighted Average Cost of Capital 11.00% Cost trend factor 1% - 4% Estimated % used by GCI 1% - 100% Historical cost of underlying assets Actual cost Other Items As discussed in Note 3 “ Joint Venture The following table provides the fair value and describes the valuation techniques used to measure the fair value of the assets and liabilities recorded by the Company as of April 2, 2015, including those recognized through consolidation of the Joint Venture, and the significant unobservable inputs: Description Estimated Valuation Level 3 Unobservable Inputs IRU Assets $ 2,304 Cost Historical cost of underlying assets IRU Obligations $ 4,153 Cost Historical cost of underlying assets The carrying value of these items at December 31, 2016 and 2015 was as follows: 2016 2015 IRU Assets $ 2,196 $ 2,278 IRU Obligations $ 4,027 $ 4,112 Other than as described below and in Note 9 “ Goodwill and Other Intangible Assets, held-for-sale |
Property, Plant and Equipment
Property, Plant and Equipment | 12 Months Ended |
Dec. 31, 2016 | |
Property, Plant and Equipment [Abstract] | |
Property, Plant and Equipment | 8. PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following at December 31, 2016 and 2015: 2016 2015 Useful Lives Land, buildings and support assets* $ 197,999 $ 198,485 3 - 42 Central office switching and transmission 383,809 381,511 4 - 12 Outside plant cable and wire facilities 734,786 722,582 16 - 50 Other 7,101 5,207 3 - 5 Construction work in progress 26,204 29,313 1,349,899 1,337,098 Less: accumulated depreciation and amortization (983,050 ) (967,776 ) Property, plant and equipment, net $ 366,849 $ 369,322 * No depreciation charges are recorded for land. Capitalized interest associated with construction in progress for the years ended December 31, 2016, 2015, and 2014 was $1,077, $1,558, and $2,810, respectively. The capitalization rate used was based on a weighted average of the Company’s long term debt outstanding, and for the years ended December 31, 2016, 2015, and 2014 was 6.48%, 6.78%, and 8.28%, respectively. The following is a summary of property, including leasehold improvements, held under capital leases included in the above property, plant and equipment at December 31, 2016 and 2015: 2016 2015 Land, buildings and support assets $ 14,983 $ 14,694 Less: accumulated depreciation and amortization (7,422 ) (6,674 ) Property held under capital leases, net $ 7,561 $ 8,020 Amortization of assets under capital leases included in depreciation expense for the years ended December 31, 2016, 2015, and 2014 was $1,149, $1,316 and $1,832, respectively. Future minimum lease payments, including interest, under these leases for the next five years and thereafter are as follows: 2017 $ 634 2018 525 2019 310 2020 318 2021 327 Thereafter 4,508 6,622 Interest (3,297 ) $ 3,325 The Company leases various land, buildings, right-of-ways Sale of Wireless Operations Future minimum payments under these leases, including month to month rentals which are probable of renewal, for the next five years and thereafter are as follows: 2017 $ 7,634 2018 6,645 2019 5,936 2020 4,589 2021 4,241 Thereafter 21,459 $ 50,504 |
Goodwill and Other Intangible A
Goodwill and Other Intangible Assets | 12 Months Ended |
Dec. 31, 2016 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Goodwill and Other Intangible Assets | 9. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill is assessed for impairment annually, or more frequently if events or changes in circumstances indicate potential impairment. As of December 31, 2016 and 2015, the Company’s goodwill was fully impaired or retired. In the third quarter of 2013, the Company performed an assessment of its goodwill and bifurcated the balance between the business sold to AWN and the business retained. Upon completion of the AWN transaction the $4,200 of goodwill assigned to the business sold was retired. In the first quarter of 2014, the Company purchased the remaining 51% interest in TekMate and recorded $1,336 of goodwill. In the fourth quarter of 2014 the Company conducted two assessments of goodwill – its annual assessment and an assessment upon the announcement of its sale of Wireless operations which constituted a triggering event. The Company utilized reports from third party valuation experts to determine the estimated fair value of its reporting unit. These reports utilized many methodologies, but primarily relied on a discounted cash flow valuation technique. Significant estimates used in the valuation included estimates of future cash flows, both future short-term and long-term growth rates and the estimated cost of capital for purposes of determining a discount factor. The Company compared the results of the estimated fair value to other market approaches and comparable public and private company analysis and found the estimated fair value to be reasonable. The Company also performed a reconciliation of its estimated fair value to its market capitalization, based on its recent publically traded stock price. This analysis indicated a potential impairment as the calculated value was less than the book value. For accounting purposes, the Company utilized the fair value indicated by market capitalization, thereby concluding that the carrying value of its single reporting unit exceeded its fair value. Accordingly, the Company performed step two of the goodwill impairment analysis. After measuring the fair value of the reporting unit’s assets and liabilities, the implied fair value of goodwill was determined to be zero. Consequently, the Company determined that the goodwill was fully impaired and recorded an impairment charge of $5,986 for the year ended December 31, 2014. The gross carrying amount of goodwill, including that related to the acquisition of TekMate and excluding the goodwill retired in connection with the AWN transaction, was $35,539 at December 31, 2016 and 2015. The accumulated impairment loss was $35,539 at December 31, 2016 and 2015. In connection with the AWN transaction in 2013, all of the Company’s other intangible assets were sold or contributed to AWN. The Company no longer holds any indefinite-lived intangible assets. |
Asset Retirement Obligations
Asset Retirement Obligations | 12 Months Ended |
Dec. 31, 2016 | |
Asset Retirement Obligation Disclosure [Abstract] | |
Asset Retirement Obligations | 10. ASSET RETIREMENT OBLIGATIONS The Company’s asset retirement obligation is included in “Other long-term liabilities, net of current portion” on the Consolidated Balance Sheet and represents the estimated obligation related to the removal and disposal of certain property and equipment in both leased and owned properties. The following table provides the changes in the asset retirement obligation: 2016 2015 Balance at January 1 $ 3,429 $ 4,055 Asset retirement obligation 159 254 Accretion expense 182 179 Settlement of obligations (62 ) (106 ) Revisions in estimated cash flows — (953 ) Balance at December 31 $ 3,708 $ 3,429 |
Long-Term Obligations
Long-Term Obligations | 12 Months Ended |
Dec. 31, 2016 | |
Debt Disclosure [Abstract] | |
Long-Term Obligations | 11. LONG-TERM On March 13, 2017, the Company entered into a new senior credit facility. See Note 22 “ Subsequent Events Long-term obligations consist of the following at December 31, 2016 and 2015: 2016 2015 2015 senior secured credit facilities due 2018 $ 86,750 $ 89,750 Debt issuance costs (1,738 ) (3,406 ) 6.25% convertible notes due 2018 94,000 104,000 Debt discount (2,271 ) (4,641 ) Debt issuance costs (467 ) (1,010 ) Capital leases and other long-term obligations 3,325 3,996 Total debt 179,599 188,689 Less current portion (1,973 ) (3,671 ) Long-term obligations, net of current portion $ 177,626 $ 185,018 As of December 31, 2016, the Company had no amounts outstanding under the $10,000 revolving credit facility component of its 2015 Senior Credit Facilities. The aggregate maturities of long-term obligations for each of the next five years and thereafter at December 31, 2016, are as follows: 2017 $ 1,973 2018 179,336 2019 39 2020 52 2021 67 Thereafter 2,608 $ 184,075 2015 Senior Credit Facilities Proceeds from the issuance of the new senior credit facility will be used to repay in full the Company’s 2015 Senior Credit Facility. See Note 22 “ Subsequent Events On September 14, 2015 (the “Closing Date”), the Company entered into a combined $100,000 of senior secured financing, including term loans totaling $90,000 and a $10,000 revolving credit facility (the “2015 Senior Credit Facilities”). The facilities consist of a $65,000 first lien term loan and a $10,000 revolving credit facility (the “First Lien Facility”) and a $25,000 second lien term loan (the “Second Lien Facility”) (together the “2015 Senior Credit Agreements” or “Agreements”). The Company utilized proceeds from the 2015 Senior Credit Facilities and cash on hand to repay in full its 2010 Senior Credit Facility, repurchase a portion of its 6.25% Notes and fund transaction fees and expenses associated with the 2015 Senior Credit Facilities totaling $3,907, which were deferred and will be charged to interest expense over the terms of the Agreements. Repayment of the 2010 Senior Credit Facility, including accrued interest and fees, totaled $81,526. The Company recorded a loss of $1,312 on the extinguishment, including the write off of unamortized discounts and debt issuance costs, and third-party fees. The 2010 Senior Credit Facility was due in 2016. The term loan component of the First Lien Facility bears interest at LIBOR plus 4.5% per annum, with a LIBOR minimum of 1.0%. Draws on the revolving credit component of the First Lien Facility bear interest at LIBOR plus 4.5%, with a LIBOR minimum of 1.0% and a commitment fee of 0.25% on the average daily unused portion. The revolving credit component of the First Lien Facility was undrawn as of December 31, 2016. The Second Lien Facility bears interest at LIBOR plus 8.5% per annum, with a LIBOR minimum of 1.0%. At current LIBOR rates, the weighted interest rate on the term loan components of the 2015 Senior Credit Facilities is 6.59%. Unless extended as described below, quarterly principal payments on the term loan component of the First Lien Facility were $250 in the fourth quarter of 2015, $750 in each quarter of 2016, and $1,000 in each quarter of 2017. The remaining principal balance, including any amounts outstanding under the revolving credit facility, is due in its entirety on January 2, 2018. Unless extended as described below, the Second Lien Facility is due in its entirety on March 3, 2018, and may be prepaid in whole or in part at the Company’s option prior to maturity. The First Lien Facility may be extended to June 30, 2020 and the Second Lien Facility may be extended to September 30, 2020 if the Company (i) has refinanced or repurchased its 6.25% Notes such that no more than $30,000 of principal amount is outstanding (with cash available for their repayment at maturity) and any replacement notes have a maturity date not earlier than December 31, 2020, (ii) has achieved certain liquidity requirements, and (iii) is otherwise compliant with the terms of the 2015 Senior Credit Facilities. In the event the 2015 Senior Credit Facilities are extended, the quarterly principal payments on the term loan component of the First Lien Facility subsequent to 2017 would be $1,250 in each quarter of 2018, and $1,500 in each quarter of 2019 and the first quarter of 2020. The remaining principal balance, including any amounts outstanding under the revolving credit facility, would be due in its entirety on June 30, 2020. The Second Lien Facility would be due in its entirety on September 30, 2020, and may be prepaid in whole or in part at the Company’s option prior to maturity. The obligations under the 2015 Senior Credit Facilities are secured by perfected first and second line priority security interests in substantially all of the Company’s and its direct and indirect subsidiary’s tangible and intangible assets, subject to certain agreed exceptions. The 2015 Senior Credit Facilities contain customary representations, warranties and covenants, including covenants limiting the incurrence of debt and the payment of dividends. Financial covenants (i) impose maximum net total leverage and senior leverage to annual Consolidated EBITDA ratios, and (ii) require a minimum annual Consolidated EBITDA to debt service coverage obligations ratio. All terms are defined in the Agreements. Payment of cash dividends and repurchase of the Company’s common stock is not permitted until such time that the Company’s net total leverage ratio is not greater than 2.75 to 1.00. As of December 31, 2016, the Company’s net total leverage ratio was higher than 2.75 to 1.00. The 2015 Senior Credit Facilities provide for events of default customary for credit facilities of this type, including non-payment As a component of the Company’s cash flow hedging strategy and to comply with the terms of the 2015 Senior Credit Facilities, on November 27, 2015, the Company entered into a pay-fixed, Fair Value Measurements 6.25% Convertible Notes due 2018 Pursuant to the 2017 Senior Credit Facility, the Company intends to commence a tender offer for its outstanding 6.25% Notes. See Note 22 “ Subsequent Events On May 10, 2011, the Company closed the sale of $120,000 aggregate principal amount of its 6.25% Notes to certain initial purchasers in a private placement. The 6.25% Notes are fully and unconditionally guaranteed (“Note Guarantees”), on a joint and several unsecured basis, by all of the Company’s existing subsidiaries, other than its license subsidiaries, and certain of the Company’s future domestic subsidiaries (“Guarantors”). The 6.25% Notes pay interest semi-annually on May 1 and November 1 at a rate of 6.25% per year and will mature on May 1, 2018. The 6.25% Notes will be convertible at an initial conversion rate of 97.2668 shares of common stock per $1,000 principal amount of the 6.25% Notes, which is equivalent to an initial conversion price of approximately $10.28 per share of common stock. The Company may not redeem the 6.25% Notes prior to maturity. Beginning on February 1, 2018, the 6.25% Notes will be convertible by the holder at any time until 5:00 p.m., New York City time, on the second scheduled trading-day Prior to February 1, 2018, the holder may convert the 6.25% Notes: • During any fiscal quarter beginning after June 30, 2011 following any previous fiscal quarter in which the trading price of the Company’s common stock equals or exceeds 130% of the conversion price of the 6.25% Notes for at least 20 trading-days during the last 30 trading-days of the previous fiscal quarter; • During any five business day period following any five trading-day trading-day • Upon the occurrence of certain significant corporate transactions, holders who convert their 6.25% Notes, in connection with a change of control, may be entitled to a make-whole premium in the form of an increase in the conversion rate. In addition, upon a change in control, liquidation, dissolution or delisting, the holders of the 6.25% Notes may require the Company to repurchase for cash all or any portion of their 6.25% Notes for 100% of the principal amount plus accrued and unpaid interest. As of December 31, 2016, none of the conditions allowing holders of the 6.25% Notes to convert, or requiring the Company to repurchase the 6.25% Notes, had been met. Additionally, the 6.25% Notes contain events of default which, if they occur, entitle the holders of the 6.25% Notes to declare them to be immediately due and payable. Those events of default include: (i) payment defaults on either the notes themselves or other large obligations; (ii) failure to comply with the terms of the notes; and (iii) most bankruptcy proceedings. The 6.25% Notes are unsecured obligations, subordinated in right of payment to the Company’s obligations under its 2015 Senior Credit Facilities as well as certain hedging agreements within the meaning of the Company’s 2015 Senior Credit Facilities. The 6.25% Notes also rank equally in right of payment with all of the Company’s other existing and future senior indebtedness and are senior in right of payment to all of the Company’s future subordinated obligations. The Note Guarantees are subordinated in right of payment to the Guarantors’ obligations under the Company’s 2015 Senior Credit Facilities as well as certain hedging agreements within the meaning of the Company’s 2015 Senior Credit Facilities. Convertible debt instruments that may be settled in cash upon conversion at the Company’s option, including partial cash settlement, must be accounted for by bifurcating the liability and equity components of the instruments in a manner that reflects the entity’s non-convertible The Company’s Board of Directors has authorized the issuance of up to 4,700 common shares for the repurchase of its convertible notes. In the third quarter of 2013, the Company delivered and issued 698 and 1,203 common shares in exchange for the retirement of $2,500 and $3,500, respectively, aggregate principal amount of 6.25% Notes. This Board of Directors’ authorization expired December 31, 2013. On January 29, 2016, the Company repurchased a portion of its 6.25% Notes in the total principal amount of $10,000 for cash consideration of $9,750. The net cash settlement of $10,053 included accrued interest and transaction fees totaling $303. The Company recorded a loss on extinguishment of debt of $336, including the write off of unamortized discounts and debt issuance costs and the payment of third-party fees, and net of the repurchase discount of $250 and the amount attributable to the equity component. In the third quarter of 2015, the Company utilized proceeds from its 2015 Senior Credit Facilities described above and cash on hand to repurchase a portion of its 6.25% Notes in the total principal amount of $10,000. The total cash settlement of $10,572 included accrued interest, transaction fees and premium. The Company recorded a loss of $938 on the extinguishment of this debt, including the write off of unamortized discounts and debt issuance costs, third-party fees and premium. The following table provides selected data regarding the 6.25% Notes as of December 31, 2016 and 2015: 2016 2015 Net carrying amount of the equity component $ 6,416 $ 7,099 Principal amount of the convertible notes $ 94,000 $ 104,000 Unamortized debt discount $ 2,271 $ 4,641 Amortization period remaining 16 months 28 months Net carrying amount of the convertible notes $ 91,729 $ 99,359 The following table details the interest components of the 6.25% Notes contained in the Company’s Consolidated Statements of Comprehensive Income (Loss) for the year ended December 31, 2016 and 2015: 2016 2015 Coupon interest expense $ 5,928 $ 6,947 Amortization of the debt discount 2,370 2,601 Total included in interest expense $ 8,298 $ 9,548 Capital Leases and Other Long-term Obligations The Company is a lessee under various capital leases and other financing agreements totaling $3,325 and $3,996 with a weighted average interest rate of 8.97% and 8.36% at December 31, 2016 and 2015, respectively and have maturities through 2033. Debt Issuance Costs The Company incurred debt issuance costs totaling $3,907 associated with its 2015 Senior Credit Facilities which were deferred and will be amortized to interest expense over the terms of the Agreements. Amortization of debt issuance costs were $2,214, $3,960 and $2,460 in the years ended December 31, 2016, 2015 and 2014, respectively. Amortization of debt issuance costs included $109 and $2,446 classified as loss on extinguishment of debt in 2016 and 2015, respectively. Debt Discounts Accretion of debt discounts charged to interest expense or loss on extinguishment of debt in 2016, 2015 and 2014, totaled $2,370, $4,641 and $2,644, respectively. Accretion of debt discounts included $430 and $2,041 classified as loss on extinguishment of debt in 2016 and 2015, respectively. |
Other Long-Term Liabilities
Other Long-Term Liabilities | 12 Months Ended |
Dec. 31, 2016 | |
Payables and Accruals [Abstract] | |
Other Long-Term Liabilities | 12. OTHER LONG-TERM LIABILITIES Other long-term liabilities consist of the following at December 31, 2016 and 2015: 2016 2015 Deferred GCI capacity revenue, net of current portion $ 35,255 $ 37,338 Other deferred IRU capacity revenue, net of current portion 15,697 17,009 Other deferred revenue, net of current portion 2,202 2,224 Other 8,384 8,694 $ 61,538 $ 65,265 Amortization of deferred revenue included in the Consolidated Statements of Comprehensive Income (Loss) was $7,010, $5,827 and $6,531 in the years ended December 31, 2016, 2015 and 2014, respectively. |
Accumulated Other Comprehensive
Accumulated Other Comprehensive (Loss) Income | 12 Months Ended |
Dec. 31, 2016 | |
Equity [Abstract] | |
Accumulated Other Comprehensive (Loss) Income | 13. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table summarizes the activity in accumulated other comprehensive (loss) income for the years ended December 31, 2016 and 2015: Defined Interest Total Balance at December 31, 2014 $ (3,639 ) $ (1,512 ) $ (5,151 ) Other comprehensive (loss) income before reclassifications (4 ) 355 351 Reclassifications from accumulated comprehensive loss to net income 554 1,160 1,714 Net other comprehensive income 550 1,515 2,065 Balance at December 31, 2015 (3,089 ) 3 (3,086 ) Other comprehensive loss before reclassifications (176 ) (100 ) (276 ) Reclassifications from accumulated comprehensive loss to net income 390 62 452 Net other comprehensive income (loss) 214 (38 ) 176 Balance at December 31, 2016 $ (2,875 ) $ (35 ) $ (2,910 ) The following table summarizes the reclassifications from accumulated other comprehensive (loss) income to net income (loss) for the years ended December 31, 2016, 2015, and 2014, respectively: 2016 2015 2014 Amortization of defined benefit plan pension items: (1) Amortization of loss (2) $ 662 $ 936 $ 451 Income tax effect (272 ) (382 ) (185 ) After tax 390 554 266 Amortization of loss on interest rate swap: (3) Reclassification to interest expense 106 1,970 1,613 Income tax effect (44 ) (810 ) (663 ) After tax 62 1,160 950 Total reclassifications net of income tax $ 452 $ 1,714 $ 1,216 (1) See Note 14 “ Retirement Plans” (2) Included in “Selling, general and administrative expense” on the Company’s Consolidated Statements of Comprehensive Income (Loss). (3) See Note 7 “ Fair Value Measurements The estimated amount of accumulated other comprehensive loss to be reclassified to interest expense within the next twelve months is $76. |
Retirement Plans
Retirement Plans | 12 Months Ended |
Dec. 31, 2016 | |
Compensation and Retirement Disclosure [Abstract] | |
Retirement Plans | 14. RETIREMENT PLANS Multi-employer Defined Benefit Plan Pension benefits for substantially all of the Company’s Alaska-based employees are provided through the AEPF. The Company pays a contractual hourly amount based on employee classification or base compensation. As a multi-employer defined benefit plan, the accumulated benefits and plan assets are not determined for, or allocated separately to, the individual employer. The following table provides additional information about the AEPF multi-employer pension plan. Plan name Alaska Electrical Pension Plan Employer Identification Number 92-6005171 Pension plan number 001 Pension Protection Act zone status at the plan’s year-end: December 31, 2016 Green December 31, 2015 Green Plan subject to funding improvement plan No Plan subject to rehabilitation plan No Employer subject to contribution surcharge No Greater than 5% of Total Contributions to the Plan Company contributions to the plan for the year ended: December 31, 2016 $ 7,517 Yes December 31, 2015 $ 7,968 Yes December 31, 2014 $ 8,626 Yes Name and expiration date of collective bargaining agreements requiring contributions to the plan: Collective Bargaining Agreement Between Alaska Communications Systems and Local Union 1547 IBEW (1) December 31, 2016 Outside Agreement Alaska Electrical Construction between Local Union 1547 IBEW and Alaska Chapter National Electrical Contractors Association Inc. September 30, 2017 Inside Agreement Alaska Electrical Construction between Local Union 1547 IBEW and Alaska Chapter National Electrical Contractors Association Inc. October 31, 2019 Special Agreement Providing for the Coverage of Certain Non-bargaining (2) December 31, 2016 (1) As of the date of this report, negotiations for a new agreement are in process. The parties are operating under the terms of the prior agreement until a new contract is in place. (2) This agreement runs concurrently with the Collective Bargaining Agreement Between Alaska Communications Systems Holding, Inc. and Local Union 1547 IBEW. As of the date of this report, the parties are operating under the terms of the prior agreement until a new contract is in place. The Company cannot accurately project any change in the plan status in future years given the uncertainty of economic conditions or the effect of actuarial valuations versus actual performance in the market. Minimum required future contributions to the AEPF are subject to the number of employees in each classification and/or base compensation of employees in future years. Defined Contribution Plan The Company provides a 401(k) retirement savings plan covering substantially all of its employees. The plan allows for discretionary contributions as determined by the Board of Directors, subject to Internal Revenue Code limitations. The Company made a $186, $187 and $213 matching contribution in 2016, 2015 and 2014 respectively. 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’s Alaska properties, whereby assets and liabilities of the CenturyTel Plan were transferred to the ACS Retirement Plan (“Plan”) on September 1, 1999. Accrued benefits under the Plan were determined in accordance with the provisions of the CenturyTel Plan and upon completion of the transfer, covered employees ceased to accrue benefits under the CenturyTel Plan. On November 1, 2000, the Plan was amended to conform early retirement reduction factors and various other terms to those provided by the AEPF. The Company uses the traditional unit credit method for the determination of pension cost for financial reporting and funding purposes and complies with the funding requirements under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Company uses a December 31 measurement date for the Plan. The Plan is not adequately funded under ERISA at December 31, 2016. The Company contributed $798 to the Plan in 2016, $779 in 2015 and $898 in 2014. The Company plans to contribute approximately $929 to the Plan in 2017 and management is also estimating what additional contributions the Company may be required to make in subsequent years in the event the value of the Plan’s assets remain volatile or decline. The following is a calculation of the funded status of the ACS Retirement Plan using beginning and ending balances for 2016 and 2015 for the projected benefit obligation and the plan assets: 2016 2015 Change in benefit obligation: Benefit obligation at beginning of year $ 16,094 $ 17,234 Interest cost 668 666 Actuarial loss (gain) 55 (754 ) Benefits paid (1,035 ) (1,052 ) Benefit obligation at end of year 15,782 16,094 Change in plan assets: Fair value of plan assets at beginning of year 11,202 11,570 Actual return on plan assets 428 (95 ) Employer contribution 798 779 Benefits paid (1,035 ) (1,052 ) Fair value of plan assets at end of year 11,393 11,202 Funded status $ (4,389 ) $ (4,892 ) The Plan’s projected benefit obligation equals its accumulated benefit obligation. The 2016 and 2015 liability balance of $4,389 and $4,892 respectively, is recorded on the Consolidated Balance Sheets in “Other long-term liabilities.” The following table presents the net periodic pension expense for the Plan for 2016, 2015 and 2014: 2016 2015 2014 Interest cost $ 668 $ 666 $ 664 Expected return on plan assets (373 ) (659 ) (749 ) Amortization of loss 367 929 536 Net periodic pension expense $ 662 $ 936 $ 451 In 2017, the Company expects amortization of net gains and losses of $732. 2016 2015 Loss recognized as a component of accumulated other comprehensive loss: $ 4,881 $ 5,249 The assumptions used to account for the Plan as of December 31, 2016 and 2015 are as follows: 2016 2015 Discount rate for benefit obligation 4.10 % 4.30 % Discount rate for pension expense 4.30 % 3.97 % Expected long-term rate of return on assets 6.53 % 6.53 % Rate of compensation increase 0.00 % 0.00 % The discount rate for December 31, 2016 and 2015 was calculated using a proprietary yield curve based on above median AA rated corporate bonds. The expected long-term rate-of-return Based on risk and return history for capital markets along with asset allocation risk and return projections, the following asset allocation guidelines were developed for the Plan: Minimum Maximum Asset Category Equity securities 50 % 80 % Fixed income 20 % 50 % Cash equivalents 0 % 5 % The Plan’s asset allocations at December 31, 2016 and 2015 by asset category are as follows: 2016 2015 Asset Category Equity securities* 66 % 64 % Debt securities* 32 % 34 % Other/Cash 2 % 2 % * May include mutual funds comprised of both stocks and bonds. The fundamental investment objective of the Plan is to generate a consistent total investment return sufficient to pay Plan benefits to retired employees while minimizing the long-term cost to the Company. The long-term (10 years and beyond) Plan asset growth objective is to achieve a rate of return that exceeds the actuarial interest assumption after fees and expenses. Because of the Company’s long-term investment objectives, the Plan administrator is directed to resist being reactive to short-term capital market developments and to maintain an asset mix that is continuously rebalanced to adhere to the plan investment mix guidelines. The Plan’s investment goal is to protect the assets’ long-term purchasing power. The Plan’s assets are managed in a manner that emphasizes a higher exposure to equity markets versus other asset classes. It is expected that such a strategy will provide a higher probability of meeting the plan’s actuarial rate of return assumption over time. The following table presents major categories of plan assets as of December 31, 2016, and inputs and valuation techniques used to measure the fair value of plan assets regarding the ACS Retirement Plan: Fair Value Measurement at Reporting Date Using Total Quoted Prices Level 1 Significant Significant Asset Category Money market/cash $ 211 $ 211 $ — $ — Equity securities (Investment Funds)* International growth 1,594 1,594 — — U.S. small cap 1,607 1,607 — — U.S. medium cap 1,489 1,489 — — U.S. large cap 2,832 2,832 — — Debt securities (Investment Funds)* Certificate of deposits 1,847 1,847 — — Fixed income 1,813 1,813 — — $ 11,393 $ 11,393 $ — $ — * May include mutual funds comprised of both stocks and bonds. The benefits expected to be paid in each of the next five years and in the aggregate for the five fiscal years thereafter are as follows: 2017 $ 1,084 2018 $ 1,097 2019 $ 1,085 2020 $ 1,089 2021 $ 1,093 2022-2026 $ 5,264 Post-retirement Health Benefit Plan The Company has a separate executive post-retirement health benefit plan. On December 31, 2016, the plan was underfunded by $192 with plan assets of $85. The net periodic post-retirement cost for 2016 and 2015 was $12 and $9, respectively. |
Earnings Per Share
Earnings Per Share | 12 Months Ended |
Dec. 31, 2016 | |
Earnings Per Share [Abstract] | |
Earnings Per Share | 15. EARNINGS PER SHARE Earnings per share is 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 or loss available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution of securities that could share in the earnings of the Company. Excluded from the calculation of diluted earnings per share for the year ended December 31, 2016 were RSUs and PSUs totaling 4 which were out-of-the-money While it is the Company’s intent to settle the principal portion of its 6.25% Notes in cash, the Company used the “if converted” method in calculating the diluted earnings per share effect of the assumed conversion of the contingently convertible debt through December 31, 2014. Under the “if converted” method, the after tax effect of interest expense related to the convertible securities is added back to net income and the convertible debt is assumed to have been converted into common stock at the earlier of the debt issuance date or the beginning of the period. Effective in 2015, the Company discontinued use of the “if converted” method in calculating diluted earnings per share in connection with the contingently convertible debt. The Company’s 6.25% Notes are convertible by the holder beginning February 1, 2018 at an initial conversion rate of 97.2668 shares of common stock per one thousand dollars principal amount of the 6.25% Notes. This is equivalent to an initial conversion price of approximately $10.28 per share of common stock. Given that the Company’s current share price is well below $10.28, the Company does not anticipate that there will be a conversion of the 6.25% Notes into equity. Effective in the first quarter of 2015, the Company determined that it has the intent and ability to settle the principal and interest payments on its 6.25% Notes in cash over time. This determination was based on (i) the Company’s improved liquidity position subsequent to the Wireless Sale, including its performance against the financial ratios defined under the terms of its then in effect 2010 Senior Credit Facility, reduced levels of debt and increased availability under its revolving credit facility; (ii) its intention to refinance its term loan facility to provide additional borrowing flexibility; and (iii) its expectations of future operating performance. In the third quarter of 2015, the Company successfully completed the aforementioned refinancing transactions which resulted in a reduction in total borrowings and provided for maturities on the Company’s term loan facilities in 2018 compared with 2016 under the 2010 Senior Credit Facility. See Note 11 “ Long-Term Obligations. Subsequent Events The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2016, 2015 and 2014: 2016 2015 2014 Net income (loss) attributable to Alaska Communications $ 2,386 $ 12,954 $ (2,780 ) Tax-effected NA NA — Net income (loss) attributable to Alaska Communications assuming dilution $ 2,386 $ 12,954 $ (2,780 ) Weighted average common shares outstanding: Basic shares 51,169 50,247 49,334 Effect of stock-based compensation 1,019 1,121 — Effect of 6.25% convertible notes NA NA — Diluted shares 52,188 51,368 49,334 Income (loss) per share attributable to Alaska Communications: Basic $ 0.05 $ 0.26 $ (0.06 ) Diluted $ 0.05 $ 0.25 $ (0.06 ) |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2016 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | 16. INCOME TAXES Consolidated income (loss) before income tax was as follows: 2016 2015 2014 Income (loss) before income tax $ 3,752 $ 23,085 $ (4,567 ) The income tax provision for the years ended December 31, 2016, 2015 and 2014 was comprised of the following: 2016 2015 2014 Current: Federal income tax $ (276 ) $ 4,320 $ 217 State income tax 6 693 43 Total current (benefit) expense (270 ) 5,013 260 Deferred: Federal, excluding operating loss carry forwards 1,680 69,774 (1,620 ) State, excluding operating loss carry forwards 228 19,725 (427 ) Change in valuation allowance (139 ) — — Tax benefit of operating loss carry forwards: Federal — (66,285 ) — State — (18,027 ) — Total deferred expense (benefit) 1,769 5,187 (2,047 ) Total income tax expense (benefit) $ 1,499 $ 10,200 $ (1,787 ) The following table provides a reconciliation of income tax expense (benefit) at the Federal statutory rate of 35% to the recorded income tax expense (benefit) for the years ended December 31, 2016, 2015 and 2014, respectively: 2016 2015 2014 Computed federal income taxes at the statutory rate $ 1,313 $ 8,080 $ (1,598 ) Expense (benefit) in tax resulting from: State income taxes (net of Federal benefit) 229 1,408 (278 ) Other (209 ) 263 58 Stock-based compensation 27 449 31 Change in valuation allowance 139 — — Total income tax expense (benefit) $ 1,499 $ 10,200 $ (1,787 ) Income tax expense (benefit) was charged to the statement of comprehensive income (loss) and statement of stockholders’ equity (deficit) as follows: 2016 2015 2014 Statement of comprehensive income (loss): Income (loss) before income tax $ 1,499 $ 10,200 $ (1,787 ) Other comprehensive income (loss) $ 128 $ 1,434 $ 320 Statement of stockholders’ equity (deficit): Additional paid-in Excess tax expense (benefit) from share-based payments $ 47 $ (733 ) $ — The Company accounts for income taxes under the asset-liability method. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Valuation allowances are provided when it is “more likely than not” that the benefits of existing deferred tax assets will not be realized in a future period. As of December 31, 2016 and 2015, the Company had valuation allowances on certain state net operating loss carryforwards of $139 and zero, respectively. As of December 31, 2016 and 2015, the change in the valuation allowance was $139 and zero, respectively. At December 31, 2016, it is more likely than not that the results of future operations will generate sufficient taxable income to realize existing deferred tax assets, other than the state net operating loss carryforwards noted above. Therefore, no additional valuation allowance is necessary. Significant components of the Company’s deferred tax assets and liabilities as of December 31, 2016 and 2015, respectively, are as follows: 2016 2015 Deferred tax assets: Net operating loss carry forwards $ 26,429 $ 16,863 Deferred GCI capacity revenue 15,340 22,654 Reserves and accruals 12,499 6,522 Intangibles and goodwill 1,620 1,765 Fair value on interest rate swaps 25 — Pension liability 1,804 2,010 Allowance for doubtful accounts 458 696 Alternative minimum tax carry forward 9,380 9,668 Other 257 277 Total deferred tax assets 67,812 60,455 Valuation allowance (139 ) — Deferred tax assets after valuation allowance 67,673 60,455 Deferred tax liabilities: Debt issuance costs (933 ) (1,907 ) Property, plant and equipment (52,022 ) (41,886 ) Fair value on interest rate swaps — (2 ) Total deferred tax liabilities (52,955 ) (43,795 ) Net deferred tax asset $ 14,718 $ 16,660 As of December 31, 2016, the Company has available Federal and state alternative minimum tax credits of $8,672 and $1,089, respectively. As of December 31, 2016, the Company has available Federal and state net operating loss carry forwards of $67,514 and $46,044, respectively, which have various expiration dates beginning in 2031 through 2036. The Company files consolidated income tax returns for Federal and state purposes in addition to separate tax returns of certain subsidiaries in multiple state jurisdictions. As of December 31, 2016, the Company is not under examination by any income tax jurisdiction. The Company is no longer subject to examination in the United States for years prior to 2013. The Company accounts for income tax uncertainties using a threshold of “more-likely-than-not” |
Stock Incentive Plans
Stock Incentive Plans | 12 Months Ended |
Dec. 31, 2016 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
Stock Incentive Plans | 17. STOCK INCENTIVE PLANS Under the Company’s stock incentive plan, Alaska Communications, through the Compensation and Personnel Committee of its Board of Directors, may grant stock options, restricted stock, stock appreciation rights and other awards to officers, employees, consultants, and non-employee Non-Employee 2011 Incentive Award Plan On June 10, 2011, Alaska Communications shareholders approved the 2011 Incentive Award Plan, which was amended and restated on June 30, 2014 and which terminates in 2021. Following termination, all shares granted under this plan, prior to termination, will continue to vest under the terms of the grant when awarded. All remaining unencumbered shares of common stock previously allocated to the Prior Plans were transferred to the 2011 Incentive Award Plan. In addition, to the extent that any outstanding awards under the Prior Plans are forfeited or expire or such awards are settled in cash, such shares will again be available for future grants under the 2011 Incentive Award Plan. The Company grants Restricted Stock Units and Performance Stock Units as the primary equity based incentive for executive and certain non union-represented employees. Restricted Stock Units, Long-term Incentive Awards and Non-Employee RSUs issued prior to December 31, 2010 vest ratably over three, four or five years, RSUs issued in 2011 vest ratably over three years, and RSUs granted in 2012 vest in one year or ratably over three years. Long-term incentive awards (“LTIP”) were granted to executive management annually through 2010. The LTIP awards cliff vest in five years with accelerated vesting in three years if cumulative three-year profitability criteria are met. Since January 2008, the Company has maintained a policy which requires that non-employee Non-employee The following table summarizes the RSU, LTIP and non-employee Number of Weighted Grant-Date Value Nonvested at December 31, 2015 1,186 $ 1.83 Granted 925 $ 1.74 Vested (697 ) $ 1.81 Canceled or expired — $ — Nonvested at December 31, 2016 1,414 $ 1.79 Performance Based Units PSUs vest ratably over three years beginning at the grant date, subject to certain Company financial targets being met and approval of the Compensation and Personnel Committee of the Board of Directors. The following table summarizes PSU activity for the year ended December 31, 2016: Number of Weighted Grant-Date Value Nonvested at December 31, 2015 984 $ 1.78 Granted 803 $ 1.74 Vested (432 ) $ 1.76 Canceled or expired (21 ) $ 1.84 Nonvested at December 31, 2016 1,334 $ 1.77 Valuation Assumptions Assumptions used for valuation of equity instruments awarded during the years ended December 31, 2016, 2015 and 2014 are as follows: 2016 2015 2014 Restricted stock: Risk free rate 0 % 0 % 0.0% - 0.23 % Quarterly dividend $ — $ — $— Expected, per annum, forfeiture rate 9 % 9 % 9 % Selected Information on Equity Instruments and Share-Based Compensation Selected information on equity instruments and share-based compensation under the plan for the years ended December 31, 2016, 2015 and 2014 is as follows: Years Ended December 31, 2016 2015 2014 Total compensation cost for share-based payments $ 2,830 $ 2,008 $ 2,511 Weighted average grant-date fair value of equity instruments granted $ 1.74 $ 1.82 $ 1.87 Total fair value of shares vested during the period $ 2,029 $ 2,615 $ 2,935 Unamortized share-based payments $ 1,562 $ 1,421 $ 1,392 Weighted average period in years to be recognized as expense 1.36 1.39 1.45 Share-based compensation expense is classified as “Selling, general and administrative expense” in the Company’s Consolidated Statements of Comprehensive Income (Loss). The Company purchases, from shares authorized under the 2011 Incentive Award Plan, sufficient vested shares to cover minimum employee payroll tax withholding requirements upon the vesting of restricted stock. The Company expects to repurchase approximately 333 shares in 2017. This amount is based upon an estimation of the number of shares of restricted stock awards expected to vest during 2017. Alaska Communications Systems Group, Inc. 2012 Employee Stock Purchase Plan The Alaska Communications Systems Group, Inc. 2012 Employee Stock Purchase Plan was approved by the Company’s shareholders in June 2012 and replaced the Alaska Communications Systems Group, Inc. 1999 Employee Stock Purchase Plan, as amended. The 2012 ESPP will terminate upon the earlier of (i) the last exercise date prior to the tenth anniversary of the adoption date, unless sooner terminated in accordance with the 2012 ESPP; or (ii) the date on which all purchase rights are exercised in connection with a change in ownership of the Company. The terms of the 2012 ESPP are similar to those of the 1999 ESPP. Under the terms of the 2012 ESPP, all Alaska Communications employees and all employees of designated subsidiaries generally will be eligible to participate in the 2012 ESPP, other than employees whose customary employment is not more than 20 hours per week and five months in a calendar year, or who are ineligible to participate due to restrictions under the Internal Revenue Code. A participant in the 2012 ESPP will be granted a purchase right to acquire shares of common stock at six-month The Company reserved 1,500 shares of its common stock for issuance under the 2012 ESPP, which were also available for issuance for the January 1, 2012 through June 30, 2012 offering period under the 1999 ESPP. Any shares issued to employees in respect to the January 1, 2012 through June 30, 2012 offering period under the 1999 ESPP reduced (on a one for one basis) the aggregate number of shares available for issuance thereafter under the 2012 ESPP. The fair value of each purchase right under the 2012 ESPP is charged to compensation expense over the offering period to which the right pertains, and is reflected in total compensation cost for share-based payments in the above table. Shares purchased by employees and the associated compensation expense under the 2012 ESPP, which is reflected in the preceding table, were not material in the years ended December 31, 2016, 2015 and 2014. |
Supplemental Cash Flow Informat
Supplemental Cash Flow Information | 12 Months Ended |
Dec. 31, 2016 | |
Supplemental Cash Flow Elements [Abstract] | |
Supplemental Cash Flow Information | 18. SUPPLEMENTAL CASH FLOW INFORMATION The following table presents supplemental non-cash 2016 2015 2014 Supplemental Non-cash Capital expenditures incurred but not paid at December 31 $ 3,508 $ 11,600 $ 6,678 Property acquired under capital leases $ — $ 20 $ 1,877 Additions to ARO asset $ 159 $ 254 $ 369 Accrued acquisition purchase price $ — $ — $ 291 Non-cash $ — $ — $ 956 Assets contributed to joint venture by noncontrolling interest $ — $ 922 $ — Note receivable on sale of asset $ — $ 2,650 $ — Nonmonetary Exchanges: Property, plant and equipment $ — $ 710 $ — Deferred revenue $ — $ (2,310 ) $ — Prepaid expenses $ — $ 1,600 $ — IRUs received $ — $ 2,765 $ — IRUs relinquished $ — $ (2,765 ) $ — |
Business Segments
Business Segments | 12 Months Ended |
Dec. 31, 2016 | |
Segment Reporting [Abstract] | |
Business Segments | 19. 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. The following table presents service and product revenues from external customers for the years ended December 31, 2016, 2015 and 2014: 2016 2015 2014 Wireline Revenue Business and Wholesale Revenue Business broadband $ 59,218 $ 51,058 $ 44,461 Business voice and other 27,903 28,909 28,827 Managed IT services 4,173 3,316 3,492 Equipment sales and installations 6,441 6,274 5,195 Wholesale broadband 31,581 28,126 23,216 Wholesale voice and other 7,539 8,764 9,925 Total Business and Wholesale Revenue 136,855 126,447 115,116 Consumer Revenue Broadband 24,981 25,621 25,689 Voice and other 12,763 14,408 15,773 Total Consumer Revenue 37,744 40,029 41,462 Total Business, Wholesale, and Consumer Revenue 174,599 166,476 156,578 Regulatory Revenue Access 32,412 33,644 35,323 High cost support 19,855 19,682 23,192 Total Regulatory Revenue 52,267 53,326 58,515 Total Wireline Revenue 226,866 219,802 215,093 Wireless & AWN Related Revenue Service revenue, equipment sales and other — 6,300 77,054 Transition services — 4,769 — CETC — 1,654 19,565 Amortization of deferred AWN capacity revenue — 292 3,151 Total Wireless & AWN Related Revenue — 13,015 99,770 Total Operating Revenue $ 226,866 $ 232,817 $ 314,863 The Company’s revenues are derived entirely from external customers in the United States and its long-lived assets are held entirely in the United States. |
Commitments and Contingencies
Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2016 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | 20. COMMITMENTS AND CONTINGENCIES The Company enters into purchase commitments with vendors in the ordinary course of business, including minimum purchase agreements. The Company also has long-term purchase contracts with vendors to support the on-going The Company is involved in various claims, legal actions and regulatory proceedings arising in the ordinary course of business and has recorded a liability for estimated litigation costs of $1,271 at December 31, 2016 against certain current claims and legal actions. The Company also faces contingencies that are reasonably possible to occur, however, they cannot currently be estimated. 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. |
Selected Quarterly Financial In
Selected Quarterly Financial Information | 12 Months Ended |
Dec. 31, 2016 | |
Quarterly Financial Information Disclosure [Abstract] | |
Selected Quarterly Financial Information | 21. SELECTED QUARTERLY FINANCIAL INFORMATION Quarterly Financial Data First Second Third Fourth Total Quarter Quarter Quarter Quarter Year 2016 Operating revenues $ 56,328 $ 56,262 $ 56,483 $ 57,793 $ 226,866 Gross profit (before charge for depreciation and amortization) $ 30,200 $ 30,719 $ 31,090 $ 32,720 $ 124,729 Operating income $ 4,316 $ 4,365 $ 4,100 $ 6,728 $ 19,509 Net income $ 53 $ 283 $ 320 $ 1,597 $ 2,253 Net income attributable Alaska Communications $ 86 $ 317 $ 354 $ 1,629 $ 2,386 Net income per share attributable to Alaska Communications: Basic $ — $ 0.01 $ 0.01 $ 0.03 $ 0.05 Diluted $ — $ 0.01 $ 0.01 $ 0.03 $ 0.05 2015 Operating revenues $ 65,786 $ 55,665 $ 54,735 $ 56,631 $ 232,817 Gross profit (before charge for depreciation and amortization) $ 34,520 $ 25,587 $ 30,062 $ 30,525 $ 120,694 Operating income (loss) $ 39,313 $ (4,375 ) $ 8,178 $ 4,630 $ 47,746 Net income (loss) $ 16,217 $ (4,860 ) $ 1,202 $ 326 $ 12,885 Net income (loss) attributable Alaska Communications $ 16,217 $ (4,841 ) $ 1,239 $ 339 $ 12,954 Net income (loss) per share attributable to Alaska Communications: Basic $ 0.32 $ (0.10 ) $ 0.02 $ 0.01 $ 0.26 Diluted $ 0.32 $ (0.10 ) $ 0.02 $ 0.01 $ 0.25 Operating income (loss), net income (loss), net income (loss) attributable to Alaska Communications and per share amounts in 2015 reflect the gain before income taxes on the Wireless Sale of $39,719, $1,421, $7,092 and $48,232 in the first quarter, second quarter, third quarter and total year, respectively. |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2016 | |
Subsequent Events [Abstract] | |
Subsequent Events | 22. SUBSEQUENT EVENTS New Senior Credit Facility On March 13, 2017, the Company entered into a new senior credit facility consisting of a Term A-1 A-2 The Term A-1 A-2 Principal payments on the Term A-1 A-2 Upon funding, the obligations under the 2017 Senior Credit Facility will be secured by perfected first lien priority security interests in substantially all of the Company’s and its direct and indirect subsidiary’s tangible and intangible assets, subject to certain agreed exceptions. The 2017 Senior Credit Facility contains customary representations, warranties and covenants, including covenants limiting the incurrence of debt, the payment of dividends and repurchase of the Company’s common stock. The 2017 Senior Credit Facility provides for events of default customary for credit facilities of this type, including non-payment Tender Offer on 6.25% Notes Pursuant to the 2017 Senior Credit Facility, the Company intends to commence a tender offer for its outstanding 6.25% Convertible Notes due 2018. The offer will commence upon the filing of Schedule TO with the Securities and Exchange Commission. The outstanding principal balance of the 6.25% Notes was $94,000 at December 31, 2016. Share Repurchase Program On March 13, 2017, the Company announced that its Board of Directors authorized a stock repurchase program for the Company to repurchase up to $10,000 of its Common Stock through December 2019. Shares repurchased under the program will be accounted for as treasury stock. |
Description of Company and Su30
Description of Company and Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2016 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The consolidated financial statements and notes include all accounts and subsidiaries of the Company in which it maintains a controlling financial interest. Intercompany accounts and transactions have been eliminated. Investments in entities where the Company is able to exercise significant influence, but not control, are accounted for by the equity method. For transactions with entities accounted for under the equity method, any intercompany profits on amounts still remaining are eliminated. Amounts originating from any deferral of intercompany profits are recorded within either the Company’s investment account or the account balance to which the transaction specifically relates (e.g., construction of fixed assets). Only upon settlement of the intercompany transaction with a third party is the deferral of the intercompany profit recognized by the Company. The Company has consolidated the financial results of the joint venture with QHL based on its determination that, for accounting purposes, it holds a controlling financial interest in the joint venture and is the primary beneficiary of this variable interest entity. The Company has accounted for and reported QHL’s 50% ownership interest in the joint venture as a noncontrolling interest. See Note 3 “ Joint Venture |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with Generally Accepted Accounting Principles in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Among the significant estimates affecting the financial statements are those related to the realizable value of accounts receivable and long-lived assets, the value of derivative instruments, deferred capacity revenue, legal contingencies, stock-based compensation and income taxes. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes is reasonable under the circumstances. Assumptions are adjusted as facts and circumstances dictate. More volatile capital markets, uncertainty on interest rates, and the continuation of low crude oil pricing have combined to increase the uncertainty in such estimates and assumptions. As future events and their effects cannot be determined with precision, actual results may differ significantly from those estimates. Changes in those estimates will be reflected in the financial statements of future periods. |
Cash and Cash Equivalents | Cash and Cash Equivalents For purposes of the Consolidated Balance Sheets and Consolidated Statements of Cash Flows, the Company generally considers all highly liquid investments with a maturity at acquisition of three months or less to be cash equivalents. |
Restricted Cash | Restricted Cash Restricted cash as of December 31, 2016 consists of $1,917 held in certificates of deposits as required under the terms of certain contracts to which the Company is a party. When the restrictions are lifted, the Company will transfer these funds into its operating accounts. |
Trade Accounts Receivable and Bad Debt Reserves | Trade Accounts Receivable and Bad Debt Reserves Trade accounts receivable are recorded at the invoiced amount and do not bear interest. Amounts collected on trade accounts receivable are included in net cash provided by operating activities in the Consolidated Statements of Cash Flows. The Company does not have any off-balance |
Materials and Supplies | Materials and Supplies Materials and supplies are carried in inventory at the lower of moving average cost or market. Cash flows related to the sale of inventory are included in operating activities in the Company’s Consolidated Statements of Cash Flows. |
Exit Obligations | Exit Obligations In connection with the decision to sell its wireless operations, the Company incurred certain costs associated with the wind-down of its retail wireless operations that met the criteria for reporting as exit obligations. These costs were incurred in the fourth quarter of 2014 through 2015, and settlement of the liabilities was completed in 2016. The accounting policies for these costs were as follows: • Employee termination costs associated with reductions in retail stores, contact center, and other support organizations, and termination costs associated with synergies and future cost reductions resulting from the Company becoming a more focused broadband and managed IT services company were accrued equal to the payout amount, undiscounted due to the short duration, and amortized over the remaining required service period. These termination benefits included costs accounted for under both Accounting Standards Codification (“ASC”) 420, “Exit or Disposal Costs Obligations” (“ASC 420”) and ASC 712, “Compensation – Nonretirement Postemployment Benefits” (“ASC 712”). • Contract termination costs were accrued for retail store leases and a software contract where we incurred a charge to terminate the contract prior to their stated maturity. These costs were measured equal to the actual cost to terminate the contract and were recognized at the date the contract was terminated. • For retail store leases that were vacated, the costs were measured equal to the fair value of the remaining lease payments and recognized when the Company had ceased to use the property. • Costs associated with marking wireless handset and accessory inventory held for sale to fair value were expensed in the fourth quarter of 2014 and are included in “Cost of services and sales (excluding depreciation and amortization), non-affiliates” • Other associated costs that met the criteria of an exit activity were accrued when incurred. |
Property, Plant and Equipment | Property, Plant and Equipment Telephone property, plant and equipment are stated at historical cost of construction including certain capitalized overhead and interest charges. Renewals and betterments of telephone plant are capitalized, while repairs and renewals of minor items are charged to cost of services and sales (excluding depreciation and amortization) as incurred. The Company uses a group composite depreciation method in accordance with industry practice. Under this method, telephone plant, with the exception of land and capital leases, retired in the ordinary course of business, less salvage, is charged to accumulated depreciation with no gain or loss recognized. Non-telephone The Company is the lessee of equipment and buildings under capital leases expiring in various years through 2033. The assets and liabilities under capital leases are initially recorded at the lower of the present value of the minimum lease payments or the fair value of the assets at the inception of the lease. The assets are amortized over the shorter of their related lease terms or the estimated productive lives. Amortization of assets under capital leases is included in depreciation and amortization expense. The Company is also the lessee of various land, building and personal property under operating lease agreements for which expense is recognized on a monthly basis. Increases in rental rates are recorded as incurred which approximates the straight-line method. The Company capitalizes interest charges associated with construction in progress based on a weighted average interest cost calculated on the Company’s outstanding debt. |
Asset Retirement Obligations | Asset Retirement Obligations The Company records liabilities for obligations related to the retirement and removal of long-lived assets, consisting primarily of batteries and operating leases. The Company records, as liabilities, the estimated fair value of asset retirement obligations on a discounted cash flow basis when incurred, which is typically at the time the asset is installed or acquired. The obligations are conditional on the occurrence of future events. Uncertainty about the timing or settlement of the obligation is factored into the measurement of the liability. Amounts recorded for the related assets are increased by the amount of these obligations. Over time, the liabilities increase due to the change in their present value, the potential changes in assumptions or inputs, and the initial capitalized assets decline as they are depreciated over the useful life of the related assets. The liabilities are extinguished when the asset is taken out of service. |
Indefeasible Rights of Use | Indefeasible Rights of Use Indefeasible rights of use (“IRU”) consist of agreements between the Company and a third party whereby one party grants access to a portion of its fiber network to the other party, or receives access to a portion of the fiber network of the other party. The access may consist of individually specified fibers or a specified number of fibers on the network. Certain of the Company’s IRU agreements consist of like kind exchanges for which the value of the access given up is determined to be equal to the value of the access received. Cash may or may not be exchanged depending on the terms of the agreement. For IRU agreements in which an equal amount of cash is received and paid and the transaction is determined to not have commercial substance, revenue and expense is not recognized in connection with the cash exchanged. For IRU agreements that are not like kind exchanges and for which the Company receives or pays cash, revenue and expense are recognized over the term of the agreement. |
Non-operating Assets | Non-operating The Company periodically evaluates the fair value of its non-current non-operating non-operating non-operating |
Variable Interest Entities | Variable Interest Entities The Company’s ownership interest in ACS-Quintillion Joint Venture |
Equity Method of Accounting | Equity Method of Accounting Investments in entities where the Company is able to exercise significant influence, but not control, are accounted for by the equity method. Under this method, equity investments are carried at acquisition cost, increased by the Company’s proportionate share of the investee’s comprehensive income, and decreased by the investee’s comprehensive losses up to our proportional ownership interest and cash distributions. The Company evaluates its investments in equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. At December 31, 2016 and 2015, the Company had no equity method investments. |
Deferred Capacity Revenue | Deferred Capacity Revenue Deferred capacity liabilities are established for usage rights on the Company’s network provided to third parties. They are established at fair value and amortized to revenue on a straight line basis over the contractual life of the relevant contract. These liabilities include a deferred capacity revenue liability for future services to be provided to General Communications, Inc. (“GCI”) which is amortized over the contract life of up to 30 years. |
Goodwill | Goodwill The carrying value of the Company’s goodwill, net of accumulated impairment, was zero at December 31, 2016 and 2015. See Note 9 “ Goodwill and Other Intangible more-likely-than-not more-likely-than-not two-step |
Long-lived Asset Impairment | Long-lived Asset Impairment Long-lived long-lived long-lived third-party |
Debt Issuance Costs and Discounts | Debt Issuance Costs and Discounts Debt issuance costs are capitalized and amortized to interest expense using the effective interest method over the term of the related instruments. Debt discounts are accreted to interest expense using the effective interest method. Debt issuance costs and debt discounts are presented as a direct deduction from the carrying amount of debt on the Company’s Consolidated Balance Sheet. |
Preferred Stock | Preferred Stock The Company has 5,000 shares of $0.01 par value preferred stock authorized, none of which were issued or outstanding at December 31, 2016 and 2015. |
Revenue Recognition | Revenue Recognition Substantially all recurring non-usage Non-recurring |
Concentrations of Risk | Concentrations of Risk Cash is maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits and the Company enters into arrangements to collateralize these amounts with securities of the underlying financial institutions. Generally, these deposits may be redeemed upon demand. The Company has not experienced any losses on such deposits. The Company also depends on a limited number of suppliers and vendors for equipment and services for its network. The Company’s subscriber base and operating results could be adversely affected if these suppliers experience financial or credit difficulties, service interruptions, or other problems. As of December 31, 2016, approximately 56% of the Company’s employees are represented by the International Brotherhood of Electrical Workers, Local 1547 (“IBEW”). The Master Collective Bargaining Agreement (“CBA”) between the Company and the IBEW expired on December 31, 2016. As of the date of this report, negotiations for a new agreement are continuing, and the parties will operate under the terms of the prior agreement until a new contract is in place. The CBA provides the terms and conditions of employment for all IBEW represented employees working for the Company in the state of Alaska and has significant economic impacts on the Company as it relates to wage and benefit costs and work rules that affect our ability to provide superior service to our customers. The Company considered relations with the IBEW to be stable in 2016; however, any deterioration in the relationship with the IBEW would have a negative impact on the Company’s operations. The Company provides voice, broadband and managed IT services to its customers throughout Alaska. Accordingly, the Company’s financial performance is directly influenced by the competitive environment in Alaska, and by economic factors specifically in Alaska. The most significant economic factor is the level of Alaskan oil production and the per barrel price of relevant crude oil. A significant majority of the state’s unrestricted revenue comes from taxes assessed upon the production of this resource, and the price of crude oil impacts the level of investment by resource development companies. The drop in crude oil prices during the past three years has resulted in the State of Alaska reducing its spending, which is having a dampening impact on the overall state economy, including declining employment levels in 2016. Other important factors influencing the Alaskan economy include the level of tourism, government spending, and the movement of United States military personnel. Any further deterioration in these factors, particularly over a sustained period of time, would likely have a negative impact on the Company’s performance. As an entity that relies on the Federal Communications Commission (“FCC”) and state regulatory agencies to provide stable funding sources to provide services in high cost areas, the Company is also impacted by any changes in regulations or future funding mechanisms that are being established by these regulatory agencies. In 2016, 9% of the Company’s total revenues were derived from high cost support. Additionally, the Company considers the vulnerabilities of its network and IT systems to various cyber threats. While the Company has implemented several mitigating policies, technological safeguards and some insurance coverage, it is not possible to prevent every possible threat to its network and IT systems from deliberate cyber related attacks. |
Advertising Costs | Advertising Costs The Company expenses advertising costs as incurred. Advertising expense totaled $3,460, $4,065 and $4,741 in 2016, 2015 and 2014, respectively and is included in “Selling, general and administrative expense” in the Company’s Consolidated Statements of Comprehensive Income (Loss). |
Income Taxes | Income Taxes The Company utilizes the asset-liability method of accounting for income taxes. Under the asset-liability method, deferred taxes reflect the temporary differences between the financial and tax basis of assets and liabilities using the enacted tax rates in effect in the years in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent that management believes it is more-likely-than-not “more-likely-than-not” |
Taxes Collected from Customers and Remitted to Government Authorities | Taxes Collected from Customers and Remitted to Government Authorities The Company excludes taxes collected from customers and payable to government authorities from revenue. Taxes payable to government authorities are presented as a liability on the Consolidated Balance Sheets. |
Regulatory Accounting and Regulation | Regulatory Accounting and Regulation Certain activities of the Company are subject to rate regulation by the FCC for interstate telecommunication service and the Regulatory Commission of Alaska (“RCA”) for intrastate and local exchange telecommunication service. The Company, as required by the FCC, accounts for such activity separately. Long distance services of the Company are subject to regulation as a non-dominant non-common |
Derivative Financial Instruments | Derivative Financial Instruments The Company does not enter into derivative contracts for speculative purposes. The Company recognizes all asset or liability derivatives at fair value. The accounting for changes in fair value is contingent on the intended use of the derivative and its designation as a hedge. Derivatives that are not hedges are adjusted to fair value through earnings. If a derivative is a hedge, depending on the nature of the hedge, changes in fair value either offset the change in fair value of the hedged assets, liabilities or firm commitments through earnings, or are recognized in “Other comprehensive income (loss)” until the hedged transaction is recognized in earnings. On the date a derivative contract is entered into, the Company designates the derivative as either a fair value or cash flow hedge. The Company formally assesses, both at the hedge’s inception and on an on-going |
Dividend Policy | Dividend Policy The Company’s dividend policy is set by the Company’s Board of Directors and is subject to the terms of its 2015 Senior Credit Facilities and the continued current and future performance and liquidity needs of the Company. Dividends on the Company’s common stock are not cumulative to the extent they are declared. The Board has not authorized the payment of a dividend since 2012, and has not updated its dividend policy. Effective in the first quarter of 2017, the Company’s dividend policy is subject to the terms of its new senior credit facility. See Note 22 “ Subsequent Events |
Share-based Payments | Share-based Payments Restricted Stock Units (“RSUs”) The Company determines the fair value of RSUs based on the number of shares granted and the quoted closing market price of the Company’s common stock on the date of grant, discounted for estimated dividend payments that do not accrue to the employee during the vesting period. Compensation expense is recognized over the vesting period and adjustments are charged or credited to expense. RSUs are granted under the Company’s 2011 Incentive Award Plan. Performance Share Units (“PSUs”) The Company measures the fair value of each new PSU at the grant date. Adjustments each reporting period are based on changes to the expected achievement of the performance goals or if the PSUs otherwise vest, expire, or are determined by the Compensation Committee of the Company’s Board of Directors to be unlikely to vest prior to expiration. Adjustments are charged or credited to expense. Compensation expense is recorded over the expected performance period. PSUs are granted under the Company’s 2011 Incentive Award Plan. Employee Stock Purchase Plan (“ESPP”) The Company makes payroll deductions of from 1% to 15% of compensation from employees who elect to participate in the ESPP. A liability accretes during the 6-month Tax Treatment Stock-based compensation is treated as a temporary difference for income tax purposes and increases deferred tax assets until the compensation is realized for income tax purposes. To the extent that realized tax benefits exceed the book based compensation, the excess tax benefit is credited to additional paid in capital. |
Pension Benefits | Pension Benefits 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. The accumulated benefits and plan assets are not determined for, or allocated separately to, the individual employer. Defined Benefit Plan The ACS Retirement Plan, which is the Company’s sole single-employer defined benefit plan and covers a limited number of employees previously employed by a predecessor to one of our subsidiaries, is frozen. The Company recognizes the under-funded status of this plan as a liability on its balance sheet and recognizes changes in the funded status in the year in which the changes occur. The ACS Retirement Plan’s accumulated benefit obligation is the actuarial present value, as of the Company’s December 31 measurement date, of all benefits attributed by the pension benefit formula. The amount of benefits to be paid depends on a number of future events incorporated into the pension benefit formula, including estimates of the average life of employees or survivors and average years of service rendered. It is measured based on assumptions concerning future interest rates and future employee compensation levels. Unrecognized prior service credits and costs and net actuarial gains and losses are recognized as a component of other comprehensive income (loss), net of tax. Defined Contribution Plan The Company provides a 401(k) retirement savings plan covering substantially all of it employees. Discretionary company-matching contributions are determined by the Board of Directors. |
Earnings per Share | Earnings per Share The Company computes earnings per share based on the weighted number of shares of common stock and dilutive potential common share equivalents outstanding. This includes all issued and outstanding share-based payments. |
Recently Adopted Accounting Pronouncements | Recently Adopted Accounting Pronouncements In the first quarter of 2016, the Company adopted Accountings Standards Update (“ASU”) No. 2015-05, Intangibles – Goodwill and Other – Internal-Use 350-40), 2015-05”). 2015-05, 2015-05 |
Accounting Pronouncements Issued Not Yet Adopted | Accounting Pronouncements Issued Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) 2014-09”). 2014-09 2014-09 No. 2016-10, Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing 2016-10”). No. 2016-12, Revenue from Contracts with Customers (Topic 606), Narrow-Scope Improvements and Practical Expedients 2016-12”). No. 2016-20, Revenue from Contracts with Customers (Topic 606), Technical Corrections and Improvements 2016-20”). 2016-10, 2016-12 2016-20 2014-09 2014-09 In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) 2016-02”). 2016-02 right-of-use right-of-use right-of-use right-of-use 2016-02 2016-02 2016-02 In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting 2016-09”). 2016-09 2016-09 2016-09 In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments 2016-15”). zero-coupon 2016-15 2016-15 In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230), Restricted Cash 2016-18”). beginning-of-period end-of-period 2016-18 2016-18 |
Fair Value Measurements | The Company has developed valuation techniques based upon observable and unobservable inputs to calculate the fair value of non-current • Level 1- • Level 2- • Level 3- |
Sale of Wireless Operations (Ta
Sale of Wireless Operations (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Components of Gain on Sale of Assets | The following table represents the calculation of the gain: Consideration received: Investment $ 266,000 Cash 100,000 Total consideration received 366,000 Consideration provided: Net intangible and tangible assets 90,500 Deferred AWN capacity revenue 64,627 Total consideration provided 155,127 Gain on disposal of assets $ 210,873 |
Schedule of Company's Obligations for Exit Activities | The following table summarizes the Company’s obligations for exit activities, including costs accounted for under both ASC 420 and ASC 712, as of and for the years ended December 31, 2016, 2015 and 2014: Labor Contract Other Total Balance at December 31, 2013 $ — $ — $ — $ — Charged to expense 490 — 634 1,124 Paid and/or settled — — (634 ) (634 ) Balance at December 31, 2014 490 — — 490 Charged to expense 6,485 3,966 294 10,745 Paid and/or settled (5,752 ) (3,966 ) (294 ) (10,012 ) Balance at December 31, 2015 1,223 — — 1,223 Credited to expense (93 ) — — (93 ) Paid and/or settled (1,130 ) — — (1,130 ) Balance at December 31, 2016 $ — $ — $ — $ — |
Sale of Wireless Operations [Member] | |
Components of Gain on Sale of Assets | The following table provides the calculation of the gain: Consideration: Cash $ 44,688 Principal payment on 2010 Senior Credit Facility 240,472 Total consideration 285,160 Carrying value of assets and liabilities sold: Equity investment in AWN 250,192 Assets and liabilities, net 5,121 Net change in deferred capacity revenue (18,385 ) Total carrying value of assets and liabilities sold 236,928 Gain on disposal of assets $ 48,232 |
Joint Venture (Tables)
Joint Venture (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Text Block [Abstract] | |
Schedule of Certain Financial Information about Joint Venture Included on Company's Consolidated Balance Sheet | The table below provides certain financial information about the Joint Venture included on the Company’s consolidated balance sheet at December 31, 2016 and 2015. Cash may be utilized only to settle obligations of the Joint Venture. Because the Joint Venture is an LLC, its creditors do not have recourse to the general credit of the Company. Property, plant and equipment, net, at December 31, 2016 reflects a $461 reduction associated with the capacity granted to the Company in connection with the amendment to the operating agreement discussed above. 2016 2015 Cash $ 67 $ 359 Property, plant and equipment, net of accumulated depreciation of $112 and $26 $ 2,029 $ 2,278 |
Accounts Receivable (Tables)
Accounts Receivable (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Allowance for Doubtful Accounts [Member] | |
Schedule of Accounts Receivable and Allowance for Doubtful Accounts | Allowance for doubtful accounts consists of the following at December 31, 2016, 2015 and 2014. 2016 2015 2014 Balance at January 1 $ 1,693 $ 2,338 $ 6,193 Provision for uncollectible accounts 378 1,258 3,329 Charged to other accounts (13 ) 8 (2 ) Deductions (943 ) (1,911 ) (7,182 ) Balance at December 31 $ 1,115 $ 1,693 $ 2,338 |
Non-affiliates [Member] | |
Schedule of Accounts Receivable and Allowance for Doubtful Accounts | Accounts receivable, net, consists of the following at December 31, 2016 and 2015: 2016 2015 Retail customers $ 17,511 $ 16,986 Wholesale carriers 4,293 3,391 Other 4,373 6,541 26,177 26,918 Less: allowance for doubtful accounts (1,115 ) (1,693 ) Accounts receivable, net $ 25,062 $ 25,225 |
Current Liabilities (Tables)
Current Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Payables and Accruals [Abstract] | |
Schedule of Accounts Payable, Accrued and Other Current Liabilities | Accounts payable, accrued and other current liabilities consist of the following at December 31, 2016 and 2015: 2016 2015 Accrued payroll, benefits, and related liabilities $ 14,395 $ 17,362 Accounts payable - trade 13,782 16,057 Note payable, non-interest — 5,500 Deferred capacity and other revenue 4,502 4,292 Other 5,501 8,064 $ 38,180 $ 51,275 |
Schedule of Advance Billings and Customer Deposits | Advance billings and customer deposits consist of the following at December 31, 2016 and 2015: 2016 2015 Advance billings $ 4,136 $ 4,482 Customer deposits 31 31 $ 4,167 $ 4,513 |
Equity Method Investments (Tabl
Equity Method Investments (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Fair Value of the Assets Acquired and Liabilities Assumed | The following table represents the fair value of the assets acquired and liabilities assumed on January 31, 2014: Current assets $ 1,020 Non-current $ 370 Current liabilities $ 467 Non-current $ 247 Equity $ 676 |
Goodwill on the Acquisition | Goodwill on the acquisition, which is 100% deductible for tax purposes, was as follows: Consideration provided (including fair value of contingent consideration) $ 1,181 Fair value of equity method investment 831 Total consideration 2,012 Fair value of assets acquired 1,390 Fair value of liabilities assumed (714 ) Total net assets 676 Goodwill $ 1,336 |
Summarized Financial Information | Summarized financial information for AWN is as follows: Twelve January 1 Twelve Operating revenues $ — $ 21,457 $ 252,864 Gross profit $ — $ 15,745 $ 179,243 Operating income $ — $ 9,757 $ 113,772 Net income $ — $ 9,722 $ 113,404 Adjusted free cash flow (1) $ — $ 10,805 $ 106,937 (1) Adjusted free cash flow is defined in the Operating Agreement. |
Fair Value Measurements (Tables
Fair Value Measurements (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Fair Value Disclosures [Abstract] | |
Liabilities Measured at Fair Value on Recurring Basis | The following table presents the liabilities measured at fair value on a recurring basis as of December 31, 2016 and 2015 at each hierarchical level. There were no transfers into or out of Levels 1 and 2 during 2016. December 31, 2016 December 31, 2015 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Other long-term liabilities: Interest rate swaps $ 100 $ — $ 100 $ — $ 79 $ — $ 79 $ — |
Schedule of Derivative Financial Instruments Designated as Cash Flow Hedges | The following table presents the notional amount, fair value and balance sheet classification of the Company’s derivative financial instruments designated as cash flow hedges as of December 31, 2016 and 2015: Balance Sheet Location Notional Fair At December 31, 2016: Interest rate swaps Other long-term liabilities $ 42,750 $ 100 At December 31, 2015: Interest rate swaps Other long-term liabilities $ 44,827 $ 79 |
Schedule of Gains and Losses Before Income Taxes Recognized on Interest Rate Swaps Designated as Cash Flow Hedges | The following table presents gains and losses before income taxes on the Company’s interest rate swaps designated as cash flow hedges for the years ending December 31, 2016, 2015 and 2014. 2016 2015 2014 (Loss) gain recognized in accumulated other comprehensive loss $ (170 ) $ 600 $ 1,543 Loss reclassified from accumulated other comprehensive loss $ (106 ) $ (1,970 ) $ (1,613 ) Gain recognized in interest expense (ineffective portion and amount excluded from effectiveness testing) $ — $ 737 $ — |
Schedule of Reconciliation of Carrying Value of Company's Interest Rate Swaps | The following table presents a reconciliation of the carrying value of the Company’s interest rate swaps, which are included in “Other long-term liabilities, net of current portion” on the balance sheet, as of and for the years ending December 31, 2016 and 2015: 2016 2015 Balance at January 1 $ 79 $ 1,416 Reclassified from other long-term liabilities to accumulated other comprehensive loss 170 (600 ) Change in fair value credited to interest expense (149 ) (737 ) Balance at December 31 $ 100 $ 79 |
Schedule of Valuation Techniques to Measure Fair Value of Service Obligation and Significant Unobservable Inputs and Values | The following table describes the valuation techniques used to measure the fair value of the service obligation at February 2, 2015 and the significant unobservable inputs and values for those inputs: Description Estimated Valuation Technique Level 3 Unobservable Inputs Significant Deferred Capacity Revenue $ 41,287 Cost/Replacement Weighted Average Cost of Capital 11.00% Cost trend factor 1% - 4% Estimated % used by GCI 1% - 100% Historical cost of underlying assets Actual cost |
Schedule of Valuation Techniques to Measure Fair Value of Assets and Liabilities | The following table provides the fair value and describes the valuation techniques used to measure the fair value of the assets and liabilities recorded by the Company as of April 2, 2015, including those recognized through consolidation of the Joint Venture, and the significant unobservable inputs: Description Estimated Valuation Level 3 Unobservable Inputs IRU Assets $ 2,304 Cost Historical cost of underlying assets IRU Obligations $ 4,153 Cost Historical cost of underlying assets |
Schedule of Carrying Value of Assets and Liabilities | The carrying value of these items at December 31, 2016 and 2015 was as follows: 2016 2015 IRU Assets $ 2,196 $ 2,278 IRU Obligations $ 4,027 $ 4,112 |
Property, Plant and Equipment (
Property, Plant and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Property, Plant and Equipment [Abstract] | |
Schedule of Property, Plant and Equipment | Property, plant and equipment consist of the following at December 31, 2016 and 2015: 2016 2015 Useful Lives Land, buildings and support assets* $ 197,999 $ 198,485 3 - 42 Central office switching and transmission 383,809 381,511 4 - 12 Outside plant cable and wire facilities 734,786 722,582 16 - 50 Other 7,101 5,207 3 - 5 Construction work in progress 26,204 29,313 1,349,899 1,337,098 Less: accumulated depreciation and amortization (983,050 ) (967,776 ) Property, plant and equipment, net $ 366,849 $ 369,322 * No depreciation charges are recorded for land. |
Summary of Property, Including Leasehold Improvements, Held under Capital Leases | The following is a summary of property, including leasehold improvements, held under capital leases included in the above property, plant and equipment at December 31, 2016 and 2015: 2016 2015 Land, buildings and support assets $ 14,983 $ 14,694 Less: accumulated depreciation and amortization (7,422 ) (6,674 ) Property held under capital leases, net $ 7,561 $ 8,020 |
Future Minimum Lease Payments, Including Interest for Next Five Years | Future minimum lease payments, including interest, under these leases for the next five years and thereafter are as follows: 2017 $ 634 2018 525 2019 310 2020 318 2021 327 Thereafter 4,508 6,622 Interest (3,297 ) $ 3,325 |
Summary of Future Minimum Payments Under Leases | Future minimum payments under these leases, including month to month rentals which are probable of renewal, for the next five years and thereafter are as follows: 2017 $ 7,634 2018 6,645 2019 5,936 2020 4,589 2021 4,241 Thereafter 21,459 $ 50,504 |
Asset Retirement Obligations (T
Asset Retirement Obligations (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Asset Retirement Obligation Disclosure [Abstract] | |
Schedule of Changes in Asset Retirement Obligation | The following table provides the changes in the asset retirement obligation: 2016 2015 Balance at January 1 $ 3,429 $ 4,055 Asset retirement obligation 159 254 Accretion expense 182 179 Settlement of obligations (62 ) (106 ) Revisions in estimated cash flows — (953 ) Balance at December 31 $ 3,708 $ 3,429 |
Long-Term Obligations (Tables)
Long-Term Obligations (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Schedule of Long-term Obligations | Long-term obligations consist of the following at December 31, 2016 and 2015: 2016 2015 2015 senior secured credit facilities due 2018 $ 86,750 $ 89,750 Debt issuance costs (1,738 ) (3,406 ) 6.25% convertible notes due 2018 94,000 104,000 Debt discount (2,271 ) (4,641 ) Debt issuance costs (467 ) (1,010 ) Capital leases and other long-term obligations 3,325 3,996 Total debt 179,599 188,689 Less current portion (1,973 ) (3,671 ) Long-term obligations, net of current portion $ 177,626 $ 185,018 |
Schedule of Aggregate Maturities of Long-term Obligations | The aggregate maturities of long-term obligations for each of the next five years and thereafter at December 31, 2016, are as follows: 2017 $ 1,973 2018 179,336 2019 39 2020 52 2021 67 Thereafter 2,608 $ 184,075 |
6.25% Convertible Notes [Member] | |
Schedule of Long-term Obligations | The following table provides selected data regarding the 6.25% Notes as of December 31, 2016 and 2015: 2016 2015 Net carrying amount of the equity component $ 6,416 $ 7,099 Principal amount of the convertible notes $ 94,000 $ 104,000 Unamortized debt discount $ 2,271 $ 4,641 Amortization period remaining 16 months 28 months Net carrying amount of the convertible notes $ 91,729 $ 99,359 |
Schedule of Interest Components of 6.25% Notes Contained in Company's "Consolidated Statements of Comprehensive (Loss) Income" | The following table details the interest components of the 6.25% Notes contained in the Company’s Consolidated Statements of Comprehensive Income (Loss) for the year ended December 31, 2016 and 2015: 2016 2015 Coupon interest expense $ 5,928 $ 6,947 Amortization of the debt discount 2,370 2,601 Total included in interest expense $ 8,298 $ 9,548 |
Other Long-Term Liabilities (Ta
Other Long-Term Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Payables and Accruals [Abstract] | |
Summary of Other Long-Term Liabilities | Other long-term liabilities consist of the following at December 31, 2016 and 2015: 2016 2015 Deferred GCI capacity revenue, net of current portion $ 35,255 $ 37,338 Other deferred IRU capacity revenue, net of current portion 15,697 17,009 Other deferred revenue, net of current portion 2,202 2,224 Other 8,384 8,694 $ 61,538 $ 65,265 |
Accumulated Other Comprehensi41
Accumulated Other Comprehensive (Loss) Income (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Equity [Abstract] | |
Summary of Activity in Accumulated Other Comprehensive (Loss) Income | The following table summarizes the activity in accumulated other comprehensive (loss) income for the years ended December 31, 2016 and 2015: Defined Interest Total Balance at December 31, 2014 $ (3,639 ) $ (1,512 ) $ (5,151 ) Other comprehensive (loss) income before reclassifications (4 ) 355 351 Reclassifications from accumulated comprehensive loss to net income 554 1,160 1,714 Net other comprehensive income 550 1,515 2,065 Balance at December 31, 2015 (3,089 ) 3 (3,086 ) Other comprehensive loss before reclassifications (176 ) (100 ) (276 ) Reclassifications from accumulated comprehensive loss to net income 390 62 452 Net other comprehensive income (loss) 214 (38 ) 176 Balance at December 31, 2016 $ (2,875 ) $ (35 ) $ (2,910 ) |
Summary of Reclassifications from Accumulated Other Comprehensive (Loss) Income to Net Income (Loss) | The following table summarizes the reclassifications from accumulated other comprehensive (loss) income to net income (loss) for the years ended December 31, 2016, 2015, and 2014, respectively: 2016 2015 2014 Amortization of defined benefit plan pension items: (1) Amortization of loss (2) $ 662 $ 936 $ 451 Income tax effect (272 ) (382 ) (185 ) After tax 390 554 266 Amortization of loss on interest rate swap: (3) Reclassification to interest expense 106 1,970 1,613 Income tax effect (44 ) (810 ) (663 ) After tax 62 1,160 950 Total reclassifications net of income tax $ 452 $ 1,714 $ 1,216 (1) See Note 14 “ Retirement Plans” (2) Included in “Selling, general and administrative expense” on the Company’s Consolidated Statements of Comprehensive Income (Loss). (3) See Note 7 “ Fair Value Measurements |
Retirement Plans (Tables)
Retirement Plans (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Compensation and Retirement Disclosure [Abstract] | |
Additional Information about AEPF Multi-Employer Pension Plan | The following table provides additional information about the AEPF multi-employer pension plan. Plan name Alaska Electrical Pension Plan Employer Identification Number 92-6005171 Pension plan number 001 Pension Protection Act zone status at the plan’s year-end: December 31, 2016 Green December 31, 2015 Green Plan subject to funding improvement plan No Plan subject to rehabilitation plan No Employer subject to contribution surcharge No Greater than 5% of Total Contributions to the Plan Company contributions to the plan for the year ended: December 31, 2016 $ 7,517 Yes December 31, 2015 $ 7,968 Yes December 31, 2014 $ 8,626 Yes Name and expiration date of collective bargaining agreements requiring contributions to the plan: Collective Bargaining Agreement Between Alaska Communications Systems and Local Union 1547 IBEW (1) December 31, 2016 Outside Agreement Alaska Electrical Construction between Local Union 1547 IBEW and Alaska Chapter National Electrical Contractors Association Inc. September 30, 2017 Inside Agreement Alaska Electrical Construction between Local Union 1547 IBEW and Alaska Chapter National Electrical Contractors Association Inc. October 31, 2019 Special Agreement Providing for the Coverage of Certain Non-bargaining (2) December 31, 2016 (1) As of the date of this report, negotiations for a new agreement are in process. The parties are operating under the terms of the prior agreement until a new contract is in place. (2) This agreement runs concurrently with the Collective Bargaining Agreement Between Alaska Communications Systems Holding, Inc. and Local Union 1547 IBEW. As of the date of this report, the parties are operating under the terms of the prior agreement until a new contract is in place. |
Funded Status of ACS Retirement Plan Using Beginning and Ending Balances for Projected Benefit Obligation and Plan Assets | The following is a calculation of the funded status of the ACS Retirement Plan using beginning and ending balances for 2016 and 2015 for the projected benefit obligation and the plan assets: 2016 2015 Change in benefit obligation: Benefit obligation at beginning of year $ 16,094 $ 17,234 Interest cost 668 666 Actuarial loss (gain) 55 (754 ) Benefits paid (1,035 ) (1,052 ) Benefit obligation at end of year 15,782 16,094 Change in plan assets: Fair value of plan assets at beginning of year 11,202 11,570 Actual return on plan assets 428 (95 ) Employer contribution 798 779 Benefits paid (1,035 ) (1,052 ) Fair value of plan assets at end of year 11,393 11,202 Funded status $ (4,389 ) $ (4,892 ) |
Summary of Net Periodic Pension Expense for ACS Retirement Plan | The following table presents the net periodic pension expense for the Plan for 2016, 2015 and 2014: 2016 2015 2014 Interest cost $ 668 $ 666 $ 664 Expected return on plan assets (373 ) (659 ) (749 ) Amortization of loss 367 929 536 Net periodic pension expense $ 662 $ 936 $ 451 |
Loss Recognized As Component of Accumulated Other Comprehensive Loss | 2016 2015 Loss recognized as a component of accumulated other comprehensive loss: $ 4,881 $ 5,249 |
Assumptions Used to Account for Plan | The assumptions used to account for the Plan as of December 31, 2016 and 2015 are as follows: 2016 2015 Discount rate for benefit obligation 4.10 % 4.30 % Discount rate for pension expense 4.30 % 3.97 % Expected long-term rate of return on assets 6.53 % 6.53 % Rate of compensation increase 0.00 % 0.00 % |
Asset Allocation Guidelines for Plan | Based on risk and return history for capital markets along with asset allocation risk and return projections, the following asset allocation guidelines were developed for the Plan: Minimum Maximum Asset Category Equity securities 50 % 80 % Fixed income 20 % 50 % Cash equivalents 0 % 5 % |
Plan's Asset Allocations by Asset Category | The Plan’s asset allocations at December 31, 2016 and 2015 by asset category are as follows: 2016 2015 Asset Category Equity securities* 66 % 64 % Debt securities* 32 % 34 % Other/Cash 2 % 2 % * May include mutual funds comprised of both stocks and bonds. |
Schedule of Measuring Fair Value of Plan Assets Regarding ACS Retirement Plan | The following table presents major categories of plan assets as of December 31, 2016, and inputs and valuation techniques used to measure the fair value of plan assets regarding the ACS Retirement Plan: Fair Value Measurement at Reporting Date Using Total Quoted Prices Level 1 Significant Significant Asset Category Money market/cash $ 211 $ 211 $ — $ — Equity securities (Investment Funds)* International growth 1,594 1,594 — — U.S. small cap 1,607 1,607 — — U.S. medium cap 1,489 1,489 — — U.S. large cap 2,832 2,832 — — Debt securities (Investment Funds)* Certificate of deposits 1,847 1,847 — — Fixed income 1,813 1,813 — — $ 11,393 $ 11,393 $ — $ — * May include mutual funds comprised of both stocks and bonds. |
Summary of Benefits Expected to be Paid for Plan | The benefits expected to be paid in each of the next five years and in the aggregate for the five fiscal years thereafter are as follows: 2017 $ 1,084 2018 $ 1,097 2019 $ 1,085 2020 $ 1,089 2021 $ 1,093 2022-2026 $ 5,264 |
Earnings Per Share (Tables)
Earnings Per Share (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Earnings Per Share [Abstract] | |
Calculation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2016, 2015 and 2014: 2016 2015 2014 Net income (loss) attributable to Alaska Communications $ 2,386 $ 12,954 $ (2,780 ) Tax-effected NA NA — Net income (loss) attributable to Alaska Communications assuming dilution $ 2,386 $ 12,954 $ (2,780 ) Weighted average common shares outstanding: Basic shares 51,169 50,247 49,334 Effect of stock-based compensation 1,019 1,121 — Effect of 6.25% convertible notes NA NA — Diluted shares 52,188 51,368 49,334 Income (loss) per share attributable to Alaska Communications: Basic $ 0.05 $ 0.26 $ (0.06 ) Diluted $ 0.05 $ 0.25 $ (0.06 ) |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Income Tax Disclosure [Abstract] | |
Schedule of Consolidated Income (Loss) Before Income Tax | Consolidated income (loss) before income tax was as follows: 2016 2015 2014 Income (loss) before income tax $ 3,752 $ 23,085 $ (4,567 ) |
Schedule of Income Tax Provision | The income tax provision for the years ended December 31, 2016, 2015 and 2014 was comprised of the following: 2016 2015 2014 Current: Federal income tax $ (276 ) $ 4,320 $ 217 State income tax 6 693 43 Total current (benefit) expense (270 ) 5,013 260 Deferred: Federal, excluding operating loss carry forwards 1,680 69,774 (1,620 ) State, excluding operating loss carry forwards 228 19,725 (427 ) Change in valuation allowance (139 ) — — Tax benefit of operating loss carry forwards: Federal — (66,285 ) — State — (18,027 ) — Total deferred expense (benefit) 1,769 5,187 (2,047 ) Total income tax expense (benefit) $ 1,499 $ 10,200 $ (1,787 ) |
Summary of Reconciliation of Income Tax Expense (Benefit) at Federal Statutory Rate to Recorded Income Tax Expense (Benefit) | The following table provides a reconciliation of income tax expense (benefit) at the Federal statutory rate of 35% to the recorded income tax expense (benefit) for the years ended December 31, 2016, 2015 and 2014, respectively: 2016 2015 2014 Computed federal income taxes at the statutory rate $ 1,313 $ 8,080 $ (1,598 ) Expense (benefit) in tax resulting from: State income taxes (net of Federal benefit) 229 1,408 (278 ) Other (209 ) 263 58 Stock-based compensation 27 449 31 Change in valuation allowance 139 — — Total income tax expense (benefit) $ 1,499 $ 10,200 $ (1,787 ) |
Summary of Income Tax Expense (Benefit) Charged to Statement of Comprehensive Income (Loss) and Statement of Stockholders' Equity (Deficit) | Income tax expense (benefit) was charged to the statement of comprehensive income (loss) and statement of stockholders’ equity (deficit) as follows: 2016 2015 2014 Statement of comprehensive income (loss): Income (loss) before income tax $ 1,499 $ 10,200 $ (1,787 ) Other comprehensive income (loss) $ 128 $ 1,434 $ 320 Statement of stockholders’ equity (deficit): Additional paid-in Excess tax expense (benefit) from share-based payments $ 47 $ (733 ) $ — |
Significant Components of Company's Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities as of December 31, 2016 and 2015, respectively, are as follows: 2016 2015 Deferred tax assets: Net operating loss carry forwards $ 26,429 $ 16,863 Deferred GCI capacity revenue 15,340 22,654 Reserves and accruals 12,499 6,522 Intangibles and goodwill 1,620 1,765 Fair value on interest rate swaps 25 — Pension liability 1,804 2,010 Allowance for doubtful accounts 458 696 Alternative minimum tax carry forward 9,380 9,668 Other 257 277 Total deferred tax assets 67,812 60,455 Valuation allowance (139 ) — Deferred tax assets after valuation allowance 67,673 60,455 Deferred tax liabilities: Debt issuance costs (933 ) (1,907 ) Property, plant and equipment (52,022 ) (41,886 ) Fair value on interest rate swaps — (2 ) Total deferred tax liabilities (52,955 ) (43,795 ) Net deferred tax asset $ 14,718 $ 16,660 |
Stock Incentive Plans (Tables)
Stock Incentive Plans (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
Summary of Activity for Restricted Stock Units, Long-Term Incentive Awards and Non-Employee Director Stock Compensation | The following table summarizes the RSU, LTIP and non-employee Number of Weighted Grant-Date Value Nonvested at December 31, 2015 1,186 $ 1.83 Granted 925 $ 1.74 Vested (697 ) $ 1.81 Canceled or expired — $ — Nonvested at December 31, 2016 1,414 $ 1.79 |
Summary of Activity for Performance Share Units | The following table summarizes PSU activity for the year ended December 31, 2016: Number of Weighted Grant-Date Value Nonvested at December 31, 2015 984 $ 1.78 Granted 803 $ 1.74 Vested (432 ) $ 1.76 Canceled or expired (21 ) $ 1.84 Nonvested at December 31, 2016 1,334 $ 1.77 |
Summary of Assumptions Used for Valuation of Equity Instruments Granted | Assumptions used for valuation of equity instruments awarded during the years ended December 31, 2016, 2015 and 2014 are as follows: 2016 2015 2014 Restricted stock: Risk free rate 0 % 0 % 0.0% - 0.23 % Quarterly dividend $ — $ — $— Expected, per annum, forfeiture rate 9 % 9 % 9 % |
Share-Based Compensation | Selected information on equity instruments and share-based compensation under the plan for the years ended December 31, 2016, 2015 and 2014 is as follows: Years Ended December 31, 2016 2015 2014 Total compensation cost for share-based payments $ 2,830 $ 2,008 $ 2,511 Weighted average grant-date fair value of equity instruments granted $ 1.74 $ 1.82 $ 1.87 Total fair value of shares vested during the period $ 2,029 $ 2,615 $ 2,935 Unamortized share-based payments $ 1,562 $ 1,421 $ 1,392 Weighted average period in years to be recognized as expense 1.36 1.39 1.45 |
Supplemental Cash Flow Inform46
Supplemental Cash Flow Information (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Supplemental Cash Flow Elements [Abstract] | |
Schedule of Supplemental Non-Cash Transaction and Nonmonetary Exchange Information | The following table presents supplemental non-cash 2016 2015 2014 Supplemental Non-cash Capital expenditures incurred but not paid at December 31 $ 3,508 $ 11,600 $ 6,678 Property acquired under capital leases $ — $ 20 $ 1,877 Additions to ARO asset $ 159 $ 254 $ 369 Accrued acquisition purchase price $ — $ — $ 291 Non-cash $ — $ — $ 956 Assets contributed to joint venture by noncontrolling interest $ — $ 922 $ — Note receivable on sale of asset $ — $ 2,650 $ — Nonmonetary Exchanges: Property, plant and equipment $ — $ 710 $ — Deferred revenue $ — $ (2,310 ) $ — Prepaid expenses $ — $ 1,600 $ — IRUs received $ — $ 2,765 $ — IRUs relinquished $ — $ (2,765 ) $ — |
Business Segments (Tables)
Business Segments (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Segment Reporting [Abstract] | |
Service and Product Revenues from External Customers | The following table presents service and product revenues from external customers for the years ended December 31, 2016, 2015 and 2014: 2016 2015 2014 Wireline Revenue Business and Wholesale Revenue Business broadband $ 59,218 $ 51,058 $ 44,461 Business voice and other 27,903 28,909 28,827 Managed IT services 4,173 3,316 3,492 Equipment sales and installations 6,441 6,274 5,195 Wholesale broadband 31,581 28,126 23,216 Wholesale voice and other 7,539 8,764 9,925 Total Business and Wholesale Revenue 136,855 126,447 115,116 Consumer Revenue Broadband 24,981 25,621 25,689 Voice and other 12,763 14,408 15,773 Total Consumer Revenue 37,744 40,029 41,462 Total Business, Wholesale, and Consumer Revenue 174,599 166,476 156,578 Regulatory Revenue Access 32,412 33,644 35,323 High cost support 19,855 19,682 23,192 Total Regulatory Revenue 52,267 53,326 58,515 Total Wireline Revenue 226,866 219,802 215,093 Wireless & AWN Related Revenue Service revenue, equipment sales and other — 6,300 77,054 Transition services — 4,769 — CETC — 1,654 19,565 Amortization of deferred AWN capacity revenue — 292 3,151 Total Wireless & AWN Related Revenue — 13,015 99,770 Total Operating Revenue $ 226,866 $ 232,817 $ 314,863 |
Selected Quarterly Financial 48
Selected Quarterly Financial Information (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Quarterly Financial Information Disclosure [Abstract] | |
Summary of Quarterly Financial Data | Quarterly Financial Data First Second Third Fourth Total Quarter Quarter Quarter Quarter Year 2016 Operating revenues $ 56,328 $ 56,262 $ 56,483 $ 57,793 $ 226,866 Gross profit (before charge for depreciation and amortization) $ 30,200 $ 30,719 $ 31,090 $ 32,720 $ 124,729 Operating income $ 4,316 $ 4,365 $ 4,100 $ 6,728 $ 19,509 Net income $ 53 $ 283 $ 320 $ 1,597 $ 2,253 Net income attributable Alaska Communications $ 86 $ 317 $ 354 $ 1,629 $ 2,386 Net income per share attributable to Alaska Communications: Basic $ — $ 0.01 $ 0.01 $ 0.03 $ 0.05 Diluted $ — $ 0.01 $ 0.01 $ 0.03 $ 0.05 2015 Operating revenues $ 65,786 $ 55,665 $ 54,735 $ 56,631 $ 232,817 Gross profit (before charge for depreciation and amortization) $ 34,520 $ 25,587 $ 30,062 $ 30,525 $ 120,694 Operating income (loss) $ 39,313 $ (4,375 ) $ 8,178 $ 4,630 $ 47,746 Net income (loss) $ 16,217 $ (4,860 ) $ 1,202 $ 326 $ 12,885 Net income (loss) attributable Alaska Communications $ 16,217 $ (4,841 ) $ 1,239 $ 339 $ 12,954 Net income (loss) per share attributable to Alaska Communications: Basic $ 0.32 $ (0.10 ) $ 0.02 $ 0.01 $ 0.26 Diluted $ 0.32 $ (0.10 ) $ 0.02 $ 0.01 $ 0.25 |
Description of Company and Su49
Description of Company and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) | Apr. 02, 2015 | Feb. 02, 2015 | Mar. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Feb. 01, 2015 |
Significant Accounting Policies [Line Items] | |||||||
Percentage of ownership interest sold in wireless operation | 33.33% | ||||||
Percentage ownership interest in joint venture | 50.00% | ||||||
Restricted cash | $ 1,917,000 | $ 1,824,000 | |||||
Equipment and buildings under capital leases expiration period | 2,033 | ||||||
Equity method investments | $ 0 | 0 | |||||
Goodwill, net of accumulated impairment | $ 0 | $ 0 | |||||
Preferred stock, shares authorized | 5,000,000 | 5,000,000 | |||||
Preferred stock, par value | $ 0.01 | $ 0.01 | |||||
Preferred stock, shares issued | 0 | 0 | |||||
Preferred stock, shares outstanding | 0 | 0 | |||||
Company total expense for advertisement | $ 3,460,000 | $ 4,065,000 | $ 4,741,000 | ||||
Periodic payroll deduction minimum for acquisition of common stock | 1.00% | ||||||
Periodic payroll deduction maximum for acquisition of common stock | 15.00% | ||||||
GCI [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Remaining contract life | 30 years | ||||||
Unionized Employees IBEW [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Percentage of concentration | 56.00% | ||||||
Minimum [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Depreciation of property | 3 years | ||||||
Maximum [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Depreciation of property | 50 years | ||||||
Revenue [Member] | High Cost Support [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Percentage of concentration | 9.00% | ||||||
Certificate of Deposits [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Restricted cash | $ 1,917,000 | ||||||
Noncontrolling Interests [Member] | Quintillion Holdings, LLC [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Percentage ownership interest in joint venture | 50.00% | ||||||
Alaska Wireless Network, LLC [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Percentage ownership interest in equity method investment | 33.33% | ||||||
Equity method investments | $ 250,192,000 | $ 252,067,000 | |||||
Remaining contract life | 20 years | ||||||
ACS Cable Systems LLC and Quintillion Holdings, LLC Joint Venture [Member] | |||||||
Significant Accounting Policies [Line Items] | |||||||
Percentage ownership interest in joint venture | 50.00% | 50.00% |
Sale of Wireless Operations - A
Sale of Wireless Operations - Additional Information (Detail) | Feb. 02, 2015USD ($) | May 31, 2015USD ($) | Dec. 31, 2015USD ($) | Sep. 30, 2015USD ($) | Jun. 30, 2015USD ($) | Mar. 31, 2015USD ($) | Dec. 31, 2016USD ($)Reporting_UnitSegments | Dec. 31, 2015USD ($) | Dec. 31, 2014USD ($) | Jun. 30, 2014USD ($) |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||||||||
Cash proceeds from sale of one or more of its affiliates | $ 285,160,000 | $ 285,160,000 | ||||||||
Gain on disposal of assets | $ 7,092,000 | $ 1,421,000 | $ 39,719,000 | 48,232,000 | ||||||
Adjustments for working capital assets and liabilities, minimum subscriber levels and preferred distributions | 14,840,000 | |||||||||
Estimated amount of fair value of services | 4,769,000 | |||||||||
Estimated amount of loss on sale | 522,000 | |||||||||
Escrow disbursement released related to sale of wireless operations | 7,092,000 | |||||||||
Cash held in escrow | $ 228,000 | 9,000,000 | 228,000 | |||||||
Revenues | 228,000 | |||||||||
Number of operating segment | Segments | 1 | |||||||||
Number of reporting unit | Reporting_Unit | 1 | |||||||||
Equity method investments | 0 | $ 0 | 0 | |||||||
Deferred AWN capacity revenue | 59,672,000 | |||||||||
Estimated fair value services | $ 41,287,000 | |||||||||
Federal and state net operating loss and state alternative minimum tax credits carry forwards | 84,233,000 | 84,233,000 | ||||||||
Non current deferred tax liabilities related to investment in AWN | 70,577,000 | 70,577,000 | ||||||||
Operating leases remaining terms | 11 years | |||||||||
Operating lease remaining contract value | 50,504,000 | |||||||||
Transaction related costs | 13,272,000 | |||||||||
Exit costs | $ (93,000) | 10,745,000 | $ 1,124,000 | |||||||
Alaska Wireless Network, LLC [Member] | ||||||||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||||||||
Transaction and certain transition costs | 2,527,000 | |||||||||
Cost of services and sales, non-affiliates | 4,893,000 | |||||||||
Selling, general and administrative | 8,379,000 | |||||||||
GCI [Member] | ||||||||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||||||||
Cash payment received for completion of transition support service | $ 1,680,000 | |||||||||
Escrow disbursement released related to sale of wireless operations | $ 1,680,000 | |||||||||
Remaining contract life | 30 years | |||||||||
Estimated fair value services | $ 41,287,000 | |||||||||
2010 Senior Credit Facility Term Loan Due 2016 [Member] | ||||||||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||||||||
Long term debt repayment of principal amount | $ 240,472,000 | 240,472,000 | ||||||||
Debt discount | 721,000 | 721,000 | ||||||||
Debt issuance costs | $ 1,907,000 | 1,907,000 | ||||||||
Wireless Operations [Member] | ||||||||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||||||||
Operating lease remaining contract value | 2,797,000 | |||||||||
Alaska Wireless Network, LLC [Member] | ||||||||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||||||||
Gain on disposal of assets | $ 210,873,000 | |||||||||
Equity method investments | $ 250,192,000 | 252,067,000 | ||||||||
Remaining contract life | 20 years | |||||||||
Deferred AWN capacity revenue | $ 59,964,000 | $ 64,627,000 |
Sale of Wireless Operations - C
Sale of Wireless Operations - Components of Gain on Sale of Assets (Detail) - USD ($) $ in Thousands | Feb. 02, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2015 |
Consideration: | |||||
Cash | $ 44,688 | ||||
Total consideration | 285,160 | ||||
Carrying value of assets and liabilities sold: | |||||
Assets and liabilities, net | 5,121 | ||||
Net change in deferred capacity revenue | (18,385) | ||||
Total carrying value of assets and liabilities sold | 236,928 | ||||
Gain on disposal of assets | $ 7,092 | $ 1,421 | $ 39,719 | 48,232 | |
2010 Senior Credit Facility Term Loan Due 2016 [Member] | |||||
Consideration: | |||||
Principal payment on 2010 Senior Credit Facility | $ 240,472 | 240,472 | |||
Alaska Wireless Network, LLC [Member] | |||||
Consideration: | |||||
Cash | 100,000 | ||||
Total consideration | 366,000 | ||||
Carrying value of assets and liabilities sold: | |||||
Equity investment | 250,192 | ||||
Gain on disposal of assets | $ 210,873 |
Sale of Wireless Operations - S
Sale of Wireless Operations - Schedule of Company's Obligations for Exit Activities (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Restructuring Cost and Reserve [Line Items] | |||
Beginning balance | $ 1,223 | $ 490 | |
Charged to expense | (93) | 10,745 | $ 1,124 |
Paid and/or settled | (1,130) | (10,012) | (634) |
Ending balance | 1,223 | 490 | |
Labor Obligations [Member] | |||
Restructuring Cost and Reserve [Line Items] | |||
Beginning balance | 1,223 | 490 | |
Charged to expense | (93) | 6,485 | 490 |
Paid and/or settled | $ (1,130) | (5,752) | |
Ending balance | 1,223 | 490 | |
Contract Terminations [Member] | |||
Restructuring Cost and Reserve [Line Items] | |||
Charged to expense | 3,966 | ||
Paid and/or settled | (3,966) | ||
Other Associated Obligations [Member] | |||
Restructuring Cost and Reserve [Line Items] | |||
Charged to expense | 294 | 634 | |
Paid and/or settled | $ (294) | $ (634) |
Joint Venture - Additional Info
Joint Venture - Additional Information (Detail) - USD ($) | Apr. 07, 2016 | Mar. 31, 2016 | Apr. 02, 2015 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2016 |
Investment [Line Items] | ||||||
Additional Contribution to Joint Venture | $ 75,000 | $ 461,000 | ||||
Voting interest in joint venture | 50.00% | |||||
Gain or loss recorded on initial consolidation of Joint Venture | $ 0 | |||||
Carrying Values [Member] | ||||||
Investment [Line Items] | ||||||
Reduction in carrying value of Property, plant and equipment, net | $ 461,000 | |||||
IRU [Member] | ||||||
Investment [Line Items] | ||||||
Contribution to Joint Venture | $ 1,844,000 | |||||
Cash Contribution to Joint Venture | 250,000 | |||||
Quintillion Holdings, LLC [Member] | ||||||
Investment [Line Items] | ||||||
Term of indefeasible right of use | 30 years | |||||
Sale price of fiber strands | $ 5,300,000 | |||||
Payment received in connection with sale of 46 fiber strands from the Fiber Optic System at closing date | $ 2,650,000 | |||||
Additional Contribution to Joint Venture | $ 75,000 | |||||
Quintillion Holdings, LLC [Member] | IRU [Member] | ||||||
Investment [Line Items] | ||||||
Contribution to Joint Venture | 922,000 | |||||
Cash Contribution to Joint Venture | 250,000 | |||||
ACS [Member] | IRU [Member] | ||||||
Investment [Line Items] | ||||||
Contribution to Joint Venture | 922,000 | |||||
Additional Contribution to Joint Venture | $ 461,000 | |||||
ACS Cable Systems LLC and Quintillion Holdings, LLC Joint Venture [Member] | ||||||
Investment [Line Items] | ||||||
Voting interest in joint venture | 50.00% | 50.00% | ||||
ACS Cable Systems LLC and Quintillion Holdings, LLC Joint Venture [Member] | Quintillion Holdings, LLC [Member] | ||||||
Investment [Line Items] | ||||||
Voting interest in joint venture | 50.00% | |||||
Fiber Optic Network [Member] | ||||||
Investment [Line Items] | ||||||
Purchase price of fiber strand optic cable | $ 11,000,000 | |||||
Purchase price paid at closing | $ 5,500,000 | |||||
Term of fibers indefeasible right of use sold to CPAI | The Company, through its wholly-owned subsidiary ACS Cable Systems, LLC, acquired a fiber optic cable system (including conduit, licenses, permits and right-of-ways) running from the Kuparuk Operating Center to the Trans-Alaska Pipeline System Pump Station #1 (the "Fiber Optic System"). | |||||
Term of indefeasible right of use | 30 years | |||||
Sale price of indefeasible right of use of fibers to CPAI | $ 400,000 |
Joint Venture - Schedule of Cer
Joint Venture - Schedule of Certain Financial Information about Joint Venture Included on Company's Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Investment [Line Items] | ||
Property, plant and equipment, net of accumulated depreciation of $112 and $26 | $ 366,849 | $ 369,322 |
Carrying Values [Member] | ||
Investment [Line Items] | ||
Cash | 67 | 359 |
Property, plant and equipment, net of accumulated depreciation of $112 and $26 | $ 2,029 | $ 2,278 |
Joint Venture - Schedule of C55
Joint Venture - Schedule of Certain Financial Information about Joint Venture Included on Company's Consolidated Balance Sheet (Parenthetical) (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Investment [Line Items] | ||
Accumulated depreciation of Property, plant and equipment, net | $ 983,050 | $ 967,776 |
Carrying Values [Member] | ||
Investment [Line Items] | ||
Accumulated depreciation of Property, plant and equipment, net | $ 112 | $ 26 |
Accounts Receivable - Schedule
Accounts Receivable - Schedule of Accounts Receivable, Net (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Accounts receivable, net | $ 25,062 | $ 25,225 |
Accounts Receivable [Member] | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Accounts receivable, non-affiliates, gross | 26,177 | 26,918 |
Less: allowance for doubtful accounts | (1,115) | (1,693) |
Accounts receivable, net | 25,062 | 25,225 |
Accounts Receivable [Member] | Retail Customers [Member] | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Accounts receivable, non-affiliates, gross | 17,511 | 16,986 |
Accounts Receivable [Member] | Wholesale Carriers [Member] | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Accounts receivable, non-affiliates, gross | 4,293 | 3,391 |
Accounts Receivable [Member] | Other [Member] | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Accounts receivable, non-affiliates, gross | $ 4,373 | $ 6,541 |
Accounts Receivable - Schedul57
Accounts Receivable - Schedule of Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Provision for uncollectible accounts | $ 378 | $ 1,258 | $ 3,329 |
Allowance for Doubtful Accounts [Member] | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Beginning Balance | 1,693 | 2,338 | 6,193 |
Provision for uncollectible accounts | 378 | 1,258 | 3,329 |
Charged to other accounts | (13) | 8 | (2) |
Deductions | (943) | (1,911) | (7,182) |
Ending Balance | $ 1,115 | $ 1,693 | $ 2,338 |
Current Liabilities - Schedule
Current Liabilities - Schedule of Accounts Payable, Accrued and Other Current Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Payables and Accruals [Abstract] | ||
Accrued payroll, benefits, and related liabilities | $ 14,395 | $ 17,362 |
Accounts payable - trade | 13,782 | 16,057 |
Note payable, non-interest bearing, due 2016 | 5,500 | |
Deferred capacity and other revenue | 4,502 | 4,292 |
Other | 5,501 | 8,064 |
Total accounts payable, accrued and other current liabilities | $ 38,180 | $ 51,275 |
Current Liabilities - Schedul59
Current Liabilities - Schedule of Advance Billings and Customer Deposits (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Statement of Financial Position [Abstract] | ||
Advance billings | $ 4,136 | $ 4,482 |
Customer deposits | 31 | 31 |
Advance billings and customer deposits | $ 4,167 | $ 4,513 |
Equity Method Investments - Add
Equity Method Investments - Additional Information (Detail) - USD ($) | Dec. 31, 2016 | Dec. 31, 2014 | Jan. 31, 2014 | Dec. 31, 2013 | Feb. 02, 2015 | Jan. 31, 2014 | Mar. 31, 2015 | Dec. 31, 2014 | Jun. 30, 2014 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 | Feb. 01, 2015 | Mar. 31, 2014 | Aug. 31, 2010 |
Schedule of Equity Method Investments [Line Items] | ||||||||||||||||||
Equity method investments | $ 0 | $ 0 | $ 0 | |||||||||||||||
Percentage ownership interest in equity method investment in TekMate, LLC | 51.00% | |||||||||||||||||
Percentage of goodwill on acquisition, deductible for tax purposes | 100.00% | 100.00% | ||||||||||||||||
Goodwill impairment charge | $ 5,986,000 | |||||||||||||||||
Equity earnings | 3,056,000 | 35,960,000 | ||||||||||||||||
Deferred AWN capacity revenue | $ 59,672,000 | |||||||||||||||||
Deferred revenue expected recognition period | 20 years | |||||||||||||||||
Amortization of deferred AWN capacity revenue | $ 3,436,000 | 3,011,000 | 3,795,000 | |||||||||||||||
Gain on sale of assets | 48,232,000 | |||||||||||||||||
TekMate, LLC [Member] | ||||||||||||||||||
Schedule of Equity Method Investments [Line Items] | ||||||||||||||||||
Percentage ownership interest in equity method investment in TekMate, LLC | 49.00% | |||||||||||||||||
Business purchase date | Aug. 31, 2010 | |||||||||||||||||
Purchase of equity investment | $ 2,060,000 | 2,060,000 | ||||||||||||||||
Percentage ownership interest in equity method investment in TekMate, LLC | 51.00% | 51.00% | ||||||||||||||||
Consideration payable for acquisition | $ 1,573,000 | |||||||||||||||||
Consideration paid in cash | $ 894,000 | $ 894,000 | $ 894,000 | 679,000 | 894,000 | |||||||||||||
Goodwill impairment charge | 5,986,000 | |||||||||||||||||
Equity earnings | $ 12,000 | |||||||||||||||||
Cash distributions | 33,000 | |||||||||||||||||
Undistributed earnings | $ 0 | |||||||||||||||||
Alaska Wireless Network, LLC [Member] | ||||||||||||||||||
Schedule of Equity Method Investments [Line Items] | ||||||||||||||||||
Equity method investments | 252,067,000 | 250,192,000 | 252,067,000 | 252,067,000 | 252,067,000 | |||||||||||||
Percentage ownership interest in equity method investment in TekMate, LLC | 33.33% | |||||||||||||||||
Equity earnings | 3,056,000 | 35,948,000 | ||||||||||||||||
Cash proceeds from sale of one or more of its affiliates | $ 100,000,000 | |||||||||||||||||
Percentage ownership owned by subsidiaries in AWN | 66.67% | 66.67% | ||||||||||||||||
Representation of GCI on AWN's Board | Representation of one of three seats on AWN's Board. | |||||||||||||||||
Operating Agreement, cumulative annual distribution in each of first eight quarters | $ 12,500,000 | $ 12,500,000 | ||||||||||||||||
Operating Agreement, cumulative annual distribution in second eight quarters | $ 11,250,000 | $ 11,250,000 | ||||||||||||||||
Deferred AWN capacity revenue | 59,964,000 | $ 59,964,000 | $ 64,627,000 | 59,964,000 | 59,964,000 | |||||||||||||
Estimated fair value | 266,000,000 | 266,000,000 | ||||||||||||||||
Amortization of deferred AWN capacity revenue | $ 292,000 | 3,151,000 | ||||||||||||||||
Gain on sale of assets | $ 210,873,000 | |||||||||||||||||
Interest in equity method investee's adjusted free cash flow | $ 4,167,000 | $ 4,167,000 | $ 10,805,000 | $ 764,000 | $ 45,833,000 | $ 17,844,000 | $ 106,937,000 | $ 22,011,000 | ||||||||||
Alaska Wireless Network, LLC [Member] | ACS Member [Member] | ||||||||||||||||||
Schedule of Equity Method Investments [Line Items] | ||||||||||||||||||
Percentage ownership owned by subsidiaries in AWN | 33.33% | 33.33% |
Equity Method Investments - Fai
Equity Method Investments - Fair Value of the Assets Acquired and Liabilities Assumed (Detail) - TekMate, LLC [Member] $ in Thousands | Jan. 31, 2014USD ($) |
Business Acquisition [Line Items] | |
Current assets | $ 1,020 |
Non-current assets | 370 |
Current liabilities | 467 |
Non-current liabilities | 247 |
Equity | $ 676 |
Equity Method Investments - Goo
Equity Method Investments - Goodwill on the Acquisition (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 | Jan. 31, 2014 |
Business Acquisition [Line Items] | |||
Goodwill | $ 0 | $ 0 | |
TekMate, LLC [Member] | |||
Business Acquisition [Line Items] | |||
Consideration provided (including fair value of contingent consideration) | $ 1,181 | ||
Fair value of equity method investment | 831 | ||
Total consideration | 2,012 | ||
Fair value of assets acquired | 1,390 | ||
Fair value of liabilities assumed | (714) | ||
Total net assets | 676 | ||
Goodwill | $ 1,336 |
Equity Method Investments - Com
Equity Method Investments - Components of Gain on Sale of Assets (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |||
Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2015 | Jun. 30, 2014 | |
Consideration received: | |||||
Cash | $ 44,688 | ||||
Total consideration received | 285,160 | ||||
Consideration provided: | |||||
Gain on disposal of assets | $ 7,092 | $ 1,421 | $ 39,719 | 48,232 | |
Alaska Wireless Network, LLC [Member] | |||||
Consideration received: | |||||
Investment | 266,000 | $ 266,000 | |||
Cash | 100,000 | ||||
Total consideration received | 366,000 | ||||
Consideration provided: | |||||
Net intangible and tangible assets | 90,500 | ||||
Deferred AWN capacity revenue | 64,627 | ||||
Total consideration provided | 155,127 | ||||
Gain on disposal of assets | $ 210,873 |
Equity Method Investments - Sum
Equity Method Investments - Summarized Financial Information (Detail) - Alaska Wireless Network, LLC [Member] - USD ($) $ in Thousands | Dec. 31, 2014 | Dec. 31, 2013 | Feb. 02, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013 |
Schedule of Equity Method Investments [Line Items] | ||||||||
Operating revenues | $ 21,457 | $ 252,864 | ||||||
Gross profit | 15,745 | 179,243 | ||||||
Operating income | 9,757 | 113,772 | ||||||
Net income | 9,722 | 113,404 | ||||||
Adjusted free cash flow | $ 4,167 | $ 4,167 | $ 10,805 | $ 764 | $ 45,833 | $ 17,844 | $ 106,937 | $ 22,011 |
Fair Value Measurements - Addit
Fair Value Measurements - Additional Information (Detail) - USD ($) | Nov. 27, 2015 | Feb. 02, 2015 | Dec. 31, 2014 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Jan. 29, 2016 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Interest rate of convertible notes | 6.25% | ||||||
Long-term obligations | $ 179,599,000 | $ 188,689,000 | |||||
LIBOR spread | 4.75% | ||||||
Commencing swap date | Jun. 30, 2012 | ||||||
Expiration Date | Sep. 30, 2015 | ||||||
Change in fair value credited to interest expense | 820,000 | ||||||
Notional amounts of floating-to-fixed interest rate swaps, one | $ 115,500,000 | ||||||
Notional amounts of floating-to-fixed interest rate swaps, two | $ 77,000,000 | ||||||
Interest rate of floating-to-fixed interest rate swaps, one | 7.22% | 7.22% | |||||
Interest rate of floating-to-fixed interest rate swaps, two | 7.225% | 7.225% | |||||
Notional amounts of floating-to-fixed interest rate swaps, over-hedged | $ 110,268,000 | ||||||
Notional amounts of floating-to-fixed interest rate swaps, over-hedged percentage | 95.50% | ||||||
Estimated Fair Value | $ 41,287,000 | ||||||
Service obligation | $ 37,326,000 | 39,409,000 | |||||
Impairment charge of long-lived assets recognized | 0 | $ 0 | $ 0 | ||||
Inventory held for sale adjustment | $ 435,000 | ||||||
Estimated Value [Member] | Level 2 [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Fair value of long-term obligations | 91,729,000 | ||||||
2010 Senior Credit Facility Term Loan Due 2016 [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Amount of Senior Credit Facility to be paid related to sale | $ 240,472,000 | ||||||
2015 Senior Credit Facilities [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Long-term obligations | $ 90,075,000 | ||||||
6.25% Convertible Notes Due 2018 [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Interest rate of convertible notes | 6.25% | 6.25% | 6.25% | 6.25% | |||
Long-term obligations | $ 91,729,000 | ||||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Notional amounts of floating-to-fixed interest rate swaps | $ 44,827,000 | ||||||
Interest rate of floating-to-fixed interest rate swaps | 5.833% | ||||||
LIBOR spread | 4.50% | ||||||
Commencing swap date | Dec. 18, 2015 | ||||||
Expiration Date | Dec. 31, 2017 | ||||||
Change in fair value credited to interest expense | $ 83,000 | ||||||
Minimum [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Amortized to revenue contract lives | 10 years | ||||||
Maximum [Member] | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
Amortized to revenue contract lives | 30 years |
Fair Value Measurements - Liabi
Fair Value Measurements - Liabilities Measured at Fair Value on Recurring Basis (Detail) - Interest Rate Swaps [Member] - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Other long-term liabilities | $ 100 | $ 79 | $ 1,416 |
Level 2 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Other long-term liabilities | $ 100 | $ 79 |
Fair Value Measurements - Sched
Fair Value Measurements - Schedule of Derivative Financial Instruments Designated as Cash Flow Hedges (Detail) - Interest Rate Swaps [Member] - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 |
Derivatives, Fair Value [Line Items] | |||
Fair Value | $ 100,000 | $ 79,000 | $ 1,416,000 |
Designated as Hedging Instrument [Member] | Other Long-Term Liabilities [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | 42,750,000 | 44,827,000 | |
Fair Value | $ 100,000 | $ 79,000 |
Fair Value Measurements - Sch68
Fair Value Measurements - Schedule of Gains and Losses Before Income Taxes Recognized on Interest Rate Swaps Designated as Cash Flow Hedges (Detail) - Interest Rate Swaps [Member] - Cash Flow Hedging [Member] - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Derivative Instruments, Gain (Loss) [Line Items] | |||
(Loss) gain recognized in accumulated other comprehensive loss | $ (170) | $ 600 | $ 1,543 |
Interest Expense [Member] | |||
Derivative Instruments, Gain (Loss) [Line Items] | |||
Loss reclassified from accumulated other comprehensive loss | $ (106) | (1,970) | $ (1,613) |
Gain recognized in interest expense (ineffective portion and amount excluded from effectiveness testing) | $ 737 |
Fair Value Measurements - Sch69
Fair Value Measurements - Schedule of Reconciliation of Carrying Value of Company's Interest Rate Swaps (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
Change in fair value credited to interest expense | $ (820) | |
Interest Rate Swaps [Member] | ||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
Beginning balance | $ 79 | 1,416 |
Reclassified from other long-term liabilities to accumulated other comprehensive loss | 170 | (600) |
Change in fair value credited to interest expense | (149) | (737) |
Ending balance | $ 100 | $ 79 |
Fair Value Measurements - Sch70
Fair Value Measurements - Schedule of Valuation Techniques to Measure Fair Value of Service Obligation and Significant Unobservable Inputs and Values (Detail) $ in Thousands | Feb. 02, 2015USD ($) |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Estimated Fair Value | $ 41,287 |
Level 3 [Member] | Deferred Capacity Revenue [Member] | Cost/Replacement Value and Discounted Cash Flow [Member] | Weighted Average Cost of Capital [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Estimated Fair Value | $ 41,287 |
Valuation Technique | Cost/Replacement Value and Discounted Cash Flow |
Significant Input Values, rate | 11.00% |
Level 3 [Member] | Deferred Capacity Revenue [Member] | Cost/Replacement Value and Discounted Cash Flow [Member] | Cost trend factor [Member] | Minimum [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Significant Input Values, rate | 1.00% |
Level 3 [Member] | Deferred Capacity Revenue [Member] | Cost/Replacement Value and Discounted Cash Flow [Member] | Cost trend factor [Member] | Maximum [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Significant Input Values, rate | 4.00% |
Level 3 [Member] | Deferred Capacity Revenue [Member] | Cost/Replacement Value and Discounted Cash Flow [Member] | Estimated % used by GCI [Member] | Minimum [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Significant Input Values, rate | 1.00% |
Level 3 [Member] | Deferred Capacity Revenue [Member] | Cost/Replacement Value and Discounted Cash Flow [Member] | Estimated % used by GCI [Member] | Maximum [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Significant Input Values, rate | 100.00% |
Level 3 [Member] | Deferred Capacity Revenue [Member] | Cost/Replacement Value and Discounted Cash Flow [Member] | Historical cost of underlying assets [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Significant Input Values, description | Actual cost |
Fair Value Measurements - Sch71
Fair Value Measurements - Schedule of Valuation Techniques to Measure Fair Value of Assets and Liabilities (Detail) - Level 3 [Member] - Valuation Technique Replacement Value [Member] - Historical cost of underlying assets [Member] $ in Thousands | Apr. 02, 2015USD ($) |
Estimated Value [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
IRU Assets | $ 2,304 |
IRU Obligations | $ 4,153 |
IRU Obligations [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Valuation Technique | Cost |
IRU Assets [Member] | |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
Valuation Technique | Cost |
Fair Value Measurements - Sch72
Fair Value Measurements - Schedule of Carrying Value of Assets and Liabilities (Detail) - Carrying Values [Member] - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ||
IRU Assets | $ 2,196 | $ 2,278 |
IRU Obligations | $ 4,027 | $ 4,112 |
Property, Plant and Equipment -
Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Detail) - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, gross | $ 1,349,899,000 | $ 1,337,098,000 |
Less: accumulated depreciation and amortization | (983,050,000) | (967,776,000) |
Property, plant and equipment, net | $ 366,849,000 | 369,322,000 |
Minimum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 3 years | |
Maximum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 50 years | |
Land, Buildings and Support Assets [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, gross | $ 197,999,000 | 198,485,000 |
Less: accumulated depreciation and amortization | $ 0 | 0 |
Land, Buildings and Support Assets [Member] | Minimum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 3 years | |
Land, Buildings and Support Assets [Member] | Maximum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 42 years | |
Central Office Switching and Transmission [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, gross | $ 383,809,000 | 381,511,000 |
Central Office Switching and Transmission [Member] | Minimum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 4 years | |
Central Office Switching and Transmission [Member] | Maximum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 12 years | |
Outside Plant Cable and Wire Facilities [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, gross | $ 734,786,000 | 722,582,000 |
Outside Plant Cable and Wire Facilities [Member] | Minimum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 16 years | |
Outside Plant Cable and Wire Facilities [Member] | Maximum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 50 years | |
Other [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, gross | $ 7,101,000 | 5,207,000 |
Other [Member] | Minimum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 3 years | |
Other [Member] | Maximum [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, Useful Lives | 5 years | |
Construction Work in Progress [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property, plant and equipment, gross | $ 26,204,000 | $ 29,313,000 |
Property, Plant and Equipment74
Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Parenthetical) (Detail) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Property, Plant and Equipment [Line Items] | ||
Depreciation charges | $ 983,050,000 | $ 967,776,000 |
Land, Buildings and Support Assets [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Depreciation charges | $ 0 | $ 0 |
Property, Plant and Equipment75
Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Property, Plant and Equipment [Line Items] | |||
Capitalized interest | $ 1,077 | $ 1,558 | $ 2,810 |
Amortization of assets under capital leases included in depreciation expense | 1,149 | 1,316 | 1,832 |
Rental expense under operating leases | 7,787 | 11,439 | 8,782 |
Termination charges | (93) | 10,745 | 1,124 |
Contract Terminations [Member] | |||
Property, Plant and Equipment [Line Items] | |||
Termination charges | 3,966 | ||
Construction Work in Progress [Member] | |||
Property, Plant and Equipment [Line Items] | |||
Capitalized interest | $ 1,077 | $ 1,558 | $ 2,810 |
Capitalized interest, rate | 6.48% | 6.78% | 8.28% |
Property, Plant and Equipment76
Property, Plant and Equipment - Summary of Property, Including Leasehold Improvements, Held under Capital Leases (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Property, Plant and Equipment [Abstract] | ||
Land, buildings and support assets | $ 14,983 | $ 14,694 |
Less: accumulated depreciation and amortization | (7,422) | (6,674) |
Property held under capital leases, net | $ 7,561 | $ 8,020 |
Property, Plant and Equipment77
Property, Plant and Equipment - Future Minimum Lease Payments, Including Interest for Next Five Years (Detail) $ in Thousands | Dec. 31, 2016USD ($) |
Capital Leases, Future Minimum Payments Receivable, Fiscal Year Maturity [Abstract] | |
2,017 | $ 634 |
2,018 | 525 |
2,019 | 310 |
2,020 | 318 |
2,021 | 327 |
Thereafter | 4,508 |
Future minimum payments, including interest | 6,622 |
Interest | (3,297) |
Total minimum capital lease payments | $ 3,325 |
Property, Plant and Equipment78
Property, Plant and Equipment - Summary of Future Minimum Payments Under Leases (Detail) $ in Thousands | Dec. 31, 2016USD ($) |
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract] | |
2,017 | $ 7,634 |
2,018 | 6,645 |
2,019 | 5,936 |
2,020 | 4,589 |
2,021 | 4,241 |
Thereafter | 21,459 |
Future minimum payments due | $ 50,504 |
Goodwill and Other Intangible79
Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) | 3 Months Ended | 12 Months Ended | |||
Mar. 31, 2014 | Sep. 30, 2013 | Dec. 31, 2014 | Dec. 31, 2016 | Dec. 31, 2015 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |||||
Retirement due to AWN transaction | $ 4,200,000 | ||||
Percentage of remaining ownership interest | 51.00% | ||||
Amount of additional goodwill acquired from TekMate | $ 1,336,000 | ||||
Implied fair value of goodwill | $ 0 | ||||
Goodwill impairment charge | $ 5,986,000 | ||||
Goodwill gross | 35,539,000 | $ 35,539,000 | |||
Accumulated impairment | $ 35,539,000 | $ 35,539,000 |
Asset Retirement Obligations -
Asset Retirement Obligations - Schedule of Changes in Asset Retirement Obligation (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Asset Retirement Obligation Disclosure [Abstract] | |||
Beginning Balance | $ 3,429 | $ 4,055 | |
Asset retirement obligation | 159 | 254 | $ 369 |
Accretion expense | 182 | 179 | |
Settlement of obligations | (62) | (106) | |
Revisions in estimated cash flows | (953) | ||
Ending Balance | $ 3,708 | $ 3,429 | $ 4,055 |
Long-Term Obligations - Additio
Long-Term Obligations - Additional Information (Detail) - USD ($) | Mar. 13, 2017 | Dec. 31, 2016 |
2015 Senior Secured Credit Facilities Due 2018 [Member] | ||
Debt Instrument [Line Items] | ||
Current maturities | $ 4,000,000 | |
Current portion of long-term obligations reclassified to long-term obligations | 2,350,000 | |
Revolving credit facility | 10,000,000 | |
Amount outstanding under revolving credit facility | $ 0 | |
2017 Senior Credit Facility [Member] | Subsequent Event [Member] | ||
Debt Instrument [Line Items] | ||
Principal payments | $ 1,650,000 |
Long-Term Obligations - Schedul
Long-Term Obligations - Schedule of Long-Term Obligations (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Jan. 29, 2016 | Dec. 31, 2015 | Sep. 14, 2015 |
Debt Instrument [Line Items] | ||||
Capital leases and other long-term obligations | $ 3,325 | $ 3,996 | ||
Long-term obligations | 179,599 | 188,689 | ||
Long-term obligations | 179,599 | 188,689 | ||
Less current portion | (1,973) | (3,671) | ||
Long-term obligations, net of current portion | 177,626 | 185,018 | ||
2015 Senior Secured Credit Facilities Due 2018 [Member] | ||||
Debt Instrument [Line Items] | ||||
Long-term obligations | 86,750 | 89,750 | $ 90,000 | |
Debt issuance costs | (1,738) | (3,406) | ||
6.25% Convertible Notes Due 2018 [Member] | ||||
Debt Instrument [Line Items] | ||||
Convertible notes | 94,000 | 104,000 | ||
Debt instrument unamortized discount | (2,271) | $ (250) | (4,641) | |
Debt issuance costs | (467) | $ (1,010) | ||
Long-term obligations | 91,729 | |||
Long-term obligations | $ 91,729 |
Long-Term Obligations - Sched83
Long-Term Obligations - Schedule of Long-Term Obligations (Parenthetical) (Detail) | 12 Months Ended | ||
Dec. 31, 2016 | Jan. 29, 2016 | Dec. 31, 2014 | |
Debt Instrument [Line Items] | |||
Interest rate of convertible notes | 6.25% | ||
2015 Senior Secured Credit Facilities Due 2018 [Member] | |||
Debt Instrument [Line Items] | |||
Maturity year of senior secured credit facilities - start | Sep. 14, 2015 | ||
Maturity date | Mar. 3, 2018 | ||
6.25% Convertible Notes Due 2018 [Member] | |||
Debt Instrument [Line Items] | |||
Interest rate of convertible notes | 6.25% | 6.25% | 6.25% |
Maturity date | May 1, 2018 |
Long-Term Obligations - Sched84
Long-Term Obligations - Schedule of Aggregate Maturities of Long-term Obligations (Detail) $ in Thousands | Dec. 31, 2016USD ($) |
Debt Disclosure [Abstract] | |
2,017 | $ 1,973 |
2,018 | 179,336 |
2,019 | 39 |
2,020 | 52 |
2,021 | 67 |
Thereafter | 2,608 |
Total | $ 184,075 |
Long Term Obligations - 2015 Se
Long Term Obligations - 2015 Senior Credit Facilities - Additional Information (Detail) - USD ($) | Dec. 31, 2016 | Nov. 27, 2015 | Sep. 14, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 |
Debt Instrument [Line Items] | ||||||
Loss on extinguishment of debt | $ 336,000 | $ 4,878,000 | ||||
LIBOR spread | 4.75% | 4.75% | ||||
Commencing swap date | Jun. 30, 2012 | |||||
Expiration Date | Sep. 30, 2015 | |||||
Change in fair value credited to interest expense | 820,000 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Combined senior secured financing | $ 100,000,000 | |||||
Term loan facility, amount outstanding | $ 86,750,000 | 90,000,000 | $ 86,750,000 | 89,750,000 | ||
Revolving credit facility | 10,000,000 | 10,000,000 | ||||
Availability under line of credit facility | $ 0 | $ 0 | ||||
Fund transaction fees and expenses | $ 3,907,000 | |||||
Weighted interest rate on term loan portion | 6.59% | 6.59% | ||||
Maturity date | Mar. 3, 2018 | |||||
Total Leverage Ratio defined | 2.75 | 2.75 | ||||
Rate of increase the interest rate outstanding obligations | 2.00% | |||||
Notional amounts of floating-to-fixed interest rate swaps | $ 44,827,000 | |||||
Interest rate of floating-to-fixed interest rate swaps | 5.833% | |||||
LIBOR spread | 4.50% | |||||
Commencing swap date | Dec. 18, 2015 | |||||
Expiration Date | Dec. 31, 2017 | |||||
Change in fair value credited to interest expense | $ 83,000 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Minimum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Company's Total Leverage Ratio | 2.75 | 2.75 | ||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | First Lien Facility [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Term loan facility, amount outstanding | $ 65,000,000 | |||||
Revolving credit facility | 10,000,000 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | First Lien Revolving Credit Facility Due January 2, 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Availability under line of credit facility | 10,000,000 | |||||
Percentage of commitment fee on average daily unused portion | 0.25% | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | First Lien Revolving Credit Facility Due January 2, 2018 [Member] | Minimum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
LIBOR interest rate | 1.00% | 1.00% | ||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Second Lien Term Loan [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Term loan facility, amount outstanding | 25,000,000 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | First Lien Term Loan Facility Due January 2, 2018 [Member] | Minimum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
LIBOR interest rate | 1.00% | 1.00% | ||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Second Lien Term Loan Facility Due March 3, 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Maturity date | Mar. 3, 2018 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Second Lien Term Loan Facility Due March 3, 2018 [Member] | Minimum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
LIBOR interest rate | 1.00% | 1.00% | ||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Revolving Credit Facility Loan [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Maturity date | Jan. 2, 2018 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | First Lien Facility Due January 2, 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Quarterly principal payments fourth quarter of 2015 | 250,000 | |||||
Quarterly principal payments 2016 | 750,000 | |||||
Quarterly principal payments 2017 | 1,000,000 | |||||
Maturity date | Jan. 2, 2018 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | First Lien Facility Extended To June 30, 2020 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Maturity date | Jun. 30, 2020 | |||||
Quarterly principal payments 2018 | 1,250,000 | |||||
Quarterly principal payments 2019 | 1,500,000 | |||||
Quarterly principal payments first quarter of 2020 | 1,500,000 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Second Lien Term Loan Facility Extended To September 30, 2020 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Maturity date | Sep. 30, 2020 | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | LIBOR [Member] | ||||||
Debt Instrument [Line Items] | ||||||
LIBOR spread | 4.50% | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | LIBOR [Member] | First Lien Revolving Credit Facility Due January 2, 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate over LIBOR | 4.50% | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | LIBOR [Member] | First Lien Term Loan Facility Due January 2, 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate over LIBOR | 4.50% | |||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | LIBOR [Member] | Second Lien Term Loan Facility Due March 3, 2018 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate over LIBOR | 8.50% | |||||
6.25% Convertible Notes Due 2020 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Maturity date | Dec. 31, 2020 | |||||
6.25% Convertible Notes Due 2020 [Member] | Maximum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Convertible notes, maximum amount outstanding | 30,000,000 | |||||
2010 Senior Credit Facility Term Loan Due 2016 [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Fund transaction fees and expenses | $ 1,907,000 | |||||
Principal amount including accrued interest and fees | 81,526,000 | |||||
Loss on extinguishment of debt | $ 1,312,000 |
Long Term Obligations - 6.25% C
Long Term Obligations - 6.25% Convertible Notes due 2018 - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands | Jan. 29, 2016 | Sep. 30, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Aug. 29, 2013 | May 10, 2011 |
Debt Instrument [Line Items] | |||||||||
Interest rate of convertible notes | 6.25% | ||||||||
Common stock, conversion features | Company's common stock equals or exceeds 130% of the conversion price of the 6.25% Notes for at least 20 trading-days during the last 30 trading-days of the previous fiscal quarter | ||||||||
Common stock, shares authorized | 145,000,000 | 145,000,000 | |||||||
Common shares issued | 51,477,000 | 50,530,000 | |||||||
Loss on extinguishment of debt | $ 336 | $ 4,878 | |||||||
6.25% Convertible Notes Due 2018 [Member] | |||||||||
Debt Instrument [Line Items] | |||||||||
Principal amount of convertible notes | $ 120,000 | $ 120,000 | |||||||
Interest rate of convertible notes | 6.25% | 6.25% | 6.25% | ||||||
Maturity year of convertible notes | May 1, 2018 | ||||||||
Shares received upon conversion | 97.2668 | ||||||||
Principal amount for initial conversion | $ 1,000 | ||||||||
Initial conversion price | $ 10.28 | ||||||||
Conversion price percentage of company's common stock | 130.00% | ||||||||
Debt instrument conversion condition trading days minimum | 0 | ||||||||
Debt instrument conversion condition trading days | 30 days | ||||||||
Trading-day period | 5 days | ||||||||
Parity value of trading-day period | 98.00% | ||||||||
Debt instrument repurchase condition principal percentage | 100.00% | ||||||||
Discounted percentage of interest payments | 8.61% | ||||||||
Net carrying amount of equity component | $ 8,500 | ||||||||
Net of tax benefit | 5,931 | ||||||||
Common shares issued | 1,203,000 | 698,000 | |||||||
Principal payment on the term loan | $ 3,500 | $ 2,500 | |||||||
Principal amount of debt instrument repurchased | $ 10,000 | $ 10,000 | |||||||
Debt instrument, Date of repurchase | Jan. 29, 2016 | ||||||||
Cash consideration of debt instrument repurchased | $ 9,750 | ||||||||
Cash settlement on repurchase of notes | 10,053 | 10,572 | |||||||
Accrued interest and transaction fees paid | 303 | ||||||||
Loss on extinguishment of debt | 336 | $ 938 | |||||||
Debt instrument, repurchase discount | $ 250 | $ 2,271 | $ 4,641 | ||||||
6.25% Convertible Notes Due 2018 [Member] | Maximum [Member] | Board of Directors [Member] | |||||||||
Debt Instrument [Line Items] | |||||||||
Common stock, shares authorized | 4,700,000 |
Long-Term Obligations - Sched87
Long-Term Obligations - Schedule of Data Regarding 6.25% and 5.75% Notes (Detail) - 6.25% Convertible Notes [Member] - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Debt Instrument [Line Items] | ||
Net carrying amount of the equity component | $ 6,416 | $ 7,099 |
Principal amount of the convertible notes | 94,000 | 104,000 |
Unamortized debt discount | $ 2,271 | $ 4,641 |
Amortization period remaining | 16 months | 28 months |
Net carrying amount of the convertible notes | $ 91,729 | $ 99,359 |
Long-Term Obligations - Sched88
Long-Term Obligations - Schedule of Interest Components of 6.25% Notes Contained in Company's "Consolidated Statements of Comprehensive (Loss) Income" (Detail) - 6.25% Convertible Notes Due 2018 [Member] - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Debt Instrument [Line Items] | ||
Coupon interest expense | $ 5,928 | $ 6,947 |
Amortization of the debt discount | 2,370 | 2,601 |
Total included in interest expense | $ 8,298 | $ 9,548 |
Long Term Obligations - Capital
Long Term Obligations - Capital Leases and Other Long-term Obligations - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Debt Instrument [Line Items] | ||
Long-term obligations | $ 179,599 | $ 188,689 |
Capital Leases and Other Long-term Obligations [Member] | ||
Debt Instrument [Line Items] | ||
Weighted average interest rate | 8.97% | 8.36% |
Agreement maturity period | 2,033 | 2,033 |
Long-term obligations | $ 3,325 | $ 3,996 |
Long Term Obligations - Debt Is
Long Term Obligations - Debt Issuance Costs - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Debt Instrument [Line Items] | |||
Amortization of debt issuance costs | $ 2,214 | $ 3,960 | $ 2,460 |
Loss on Extinguishment of Debt [Member] | |||
Debt Instrument [Line Items] | |||
Amortization of debt issuance costs | 109 | $ 2,446 | |
Senior Credit Facility [Member] | |||
Debt Instrument [Line Items] | |||
Debt issuance costs | $ 3,907 |
Long Term Obligations - Debt Di
Long Term Obligations - Debt Discounts - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Debt Instrument [Line Items] | |||
Accretion of debt discounts | $ 2,370 | $ 4,641 | $ 2,644 |
Loss on Extinguishment of Debt [Member] | |||
Debt Instrument [Line Items] | |||
Accretion of debt discounts | $ 430 | $ 2,041 |
Other Long-Term Liabilities - S
Other Long-Term Liabilities - Summary of Other Long-Term Liabilities (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Other Long Term Liabilities [Line Items] | ||
Other long-term liabilities | $ 61,538 | $ 65,265 |
Deferred GCI Capacity Revenue, Net of Current Portion [Member] | ||
Other Long Term Liabilities [Line Items] | ||
Other long-term liabilities | 35,255 | 37,338 |
Other Deferred IRU Capacity Revenue, Net of Current Portion [Member] | ||
Other Long Term Liabilities [Line Items] | ||
Other long-term liabilities | 15,697 | 17,009 |
Other Deferred Revenue, Net of Current Portion [Member] | ||
Other Long Term Liabilities [Line Items] | ||
Other long-term liabilities | 2,202 | 2,224 |
Other Long-Term Liabilities [Member] | ||
Other Long Term Liabilities [Line Items] | ||
Other long-term liabilities | $ 8,384 | $ 8,694 |
Other Long-Term Liabilities - A
Other Long-Term Liabilities - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Accrued Liabilities and Other Liabilities [Abstract] | |||
Amortization of deferred revenue | $ 7,010 | $ 5,827 | $ 6,531 |
Accumulated Other Comprehensi94
Accumulated Other Comprehensive (Loss) Income - Summary of Activity in Accumulated Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Beginning Balance | $ (3,086) | $ (5,151) | |
Other comprehensive (loss) income before reclassifications | (276) | 351 | |
Reclassifications from accumulated comprehensive loss to net income | 452 | 1,714 | $ 1,216 |
Total other comprehensive (loss) income | 176 | 2,065 | 458 |
Ending Balance | (2,910) | (3,086) | (5,151) |
Interest Rate Swaps [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Beginning Balance | 3 | (1,512) | |
Other comprehensive (loss) income before reclassifications | (100) | 355 | |
Reclassifications from accumulated comprehensive loss to net income | 62 | 1,160 | |
Total other comprehensive (loss) income | (38) | 1,515 | |
Ending Balance | (35) | 3 | (1,512) |
Defined Benefit Pension Plans [Member] | |||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
Beginning Balance | (3,089) | (3,639) | |
Other comprehensive (loss) income before reclassifications | (176) | (4) | |
Reclassifications from accumulated comprehensive loss to net income | 390 | 554 | |
Total other comprehensive (loss) income | 214 | 550 | |
Ending Balance | $ (2,875) | $ (3,089) | $ (3,639) |
Accumulated Other Comprehensi95
Accumulated Other Comprehensive (Loss) Income - Summary of Reclassifications from Accumulated Other Comprehensive (Loss) Income to Net Income (Loss) (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Amortization of defined benefit plan pension items: | |||
Amortization of loss | $ 662 | $ 936 | $ 451 |
Income tax effect | (272) | (382) | (185) |
After tax | 390 | 554 | 266 |
Amortization of loss on interest rate swap: | |||
Reclassification to interest expense | 106 | 1,970 | 1,613 |
Income tax effect | (44) | (810) | (663) |
After tax | 62 | 1,160 | 950 |
Total reclassifications net of income tax | $ 452 | $ 1,714 | $ 1,216 |
Accumulated Other Comprehensi96
Accumulated Other Comprehensive (Loss) Income - Additional Information (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2016USD ($) | |
Interest Expense [Member] | |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |
Accumulated other comprehensive loss to be reclassified to interest expense | $ 76 |
Retirement Plans - Additional I
Retirement Plans - Additional Information about AEPF Multi-Employer Pension Plan (Detail) - Alaska Electrical Pension Plan [Member] - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Multiemployer Plans [Line Items] | |||
Employer Identification Number | 926,005,171 | ||
Pension plan number | 1 | ||
Pension Protection Act zone status at the plan's year-end: | Green | Green | |
Plan subject to funding improvement plan | No | ||
Employer subject to contribution surcharge | No | ||
Greater than 5% of Total Contributions to the Plan | Yes | Yes | Yes |
Collective Bargaining Agreement [Member] | |||
Multiemployer Plans [Line Items] | |||
Expiration date of collective bargaining agreements | Dec. 31, 2016 | ||
Outside Agreement [Member] | |||
Multiemployer Plans [Line Items] | |||
Expiration date of collective bargaining agreements | Sep. 30, 2017 | ||
Inside Agreement [Member] | |||
Multiemployer Plans [Line Items] | |||
Expiration date of collective bargaining agreements | Oct. 31, 2019 | ||
Special Agreement [Member] | |||
Multiemployer Plans [Line Items] | |||
Expiration date of collective bargaining agreements | Dec. 31, 2016 | ||
AEPF Multi-Employer Pension Plan [Member] | |||
Multiemployer Plans [Line Items] | |||
Multiemployer Plan, Period Contributions | $ 7,517 | $ 7,968 | $ 8,626 |
Retirement Plans - Additional98
Retirement Plans - Additional Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Defined Benefit Plan Disclosure [Line Items] | |||
Company's contribution to the plan | $ 798 | $ 779 | |
Expectation of amortization of net gains and losses | 732 | ||
Defined Benefit ACS Retirement Plan [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Company's contribution to the plan | 798 | 779 | $ 898 |
Company's expected contribution to the plan in 2017 | 929 | ||
Liability balance recorded on balance sheets in "other long term liabilities" | 4,389 | 4,892 | |
ACS Health Plan [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Amount by which plan was underfunded | 192 | ||
Plan overfunded with plan assets | 85 | ||
Net periodic post-retirement cost | 12 | 9 | |
Defined Contribution Plan 401K [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Discretionary contribution to retirement savings plan | $ 186 | $ 187 | $ 213 |
Retirement Plans - Funded Statu
Retirement Plans - Funded Status of ACS Retirement Plan Using Beginning and Ending Balances for Projected Benefit Obligation and Plan Assets (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Change in benefit obligation: | |||
Benefit obligation at beginning of year | $ 16,094 | $ 17,234 | |
Interest cost | 668 | 666 | $ 664 |
Actuarial loss (gain) | 55 | (754) | |
Benefits paid | (1,035) | (1,052) | |
Benefit obligation at end of year | 15,782 | 16,094 | 17,234 |
Change in plan assets: | |||
Fair value of plan assets at beginning of year | 11,202 | 11,570 | |
Actual return on plan assets | 428 | (95) | |
Employer contribution | 798 | 779 | |
Benefits paid | (1,035) | (1,052) | |
Fair value of plan assets at end of year | 11,393 | 11,202 | $ 11,570 |
Funded status | $ (4,389) | $ (4,892) |
Retirement Plans - Summary of N
Retirement Plans - Summary of Net Periodic Pension Expense for ACS Retirement Plan (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Compensation and Retirement Disclosure [Abstract] | |||
Interest cost | $ 668 | $ 666 | $ 664 |
Expected return on plan assets | (373) | (659) | (749) |
Amortization of loss | 367 | 929 | 536 |
Net periodic pension expense | $ 662 | $ 936 | $ 451 |
Retirement Plans - Loss Recogni
Retirement Plans - Loss Recognized As Component of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 |
Pension and Other Postretirement Benefit Expense [Abstract] | ||
Loss recognized as a component of accumulated other comprehensive loss | $ 4,881 | $ 5,249 |
Retirement Plans - Assumptions
Retirement Plans - Assumptions Used to Account for Plan (Detail) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Defined Benefit Plan, Assumptions Used in Calculations [Abstract] | ||
Discount rate for benefit obligation | 4.10% | 4.30% |
Discount rate for pension expense | 4.30% | 3.97% |
Expected long-term rate of return on assets | 6.53% | 6.53% |
Rate of compensation increase | 0.00% | 0.00% |
Retirement Plans - Asset Alloca
Retirement Plans - Asset Allocation Guidelines for Plan (Detail) | 12 Months Ended |
Dec. 31, 2016 | |
Equity Securities [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Asset Category, Minimum | 50.00% |
Asset Category, Maximum | 80.00% |
Fixed Income [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Asset Category, Minimum | 20.00% |
Asset Category, Maximum | 50.00% |
Cash Equivalents [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Asset Category, Minimum | 0.00% |
Asset Category, Maximum | 5.00% |
Retirement Plans - Plan's Asset
Retirement Plans - Plan's Asset Allocations by Asset Category (Detail) | Dec. 31, 2016 | Dec. 31, 2015 |
Equity Securities [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Asset Category, Plan asset allocations | 66.00% | 64.00% |
Debt Securities [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Asset Category, Plan asset allocations | 32.00% | 34.00% |
Other/Cash [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Asset Category, Plan asset allocations | 2.00% | 2.00% |
Retirement Plans - Schedule of
Retirement Plans - Schedule of Measuring Fair Value of Plan Assets Regarding ACS Retirement Plan (Detail) - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 |
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | $ 11,393 | $ 11,202 | $ 11,570 |
Money Market [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 211 | ||
International Growth [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,594 | ||
U.S Small Cap [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,607 | ||
U.S. Medium Cap [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,489 | ||
U.S. Large Cap [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 2,832 | ||
Certificate of Deposits [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,847 | ||
Fixed Income [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,813 | ||
Level 1 [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 11,393 | ||
Level 1 [Member] | Money Market [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 211 | ||
Level 1 [Member] | International Growth [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,594 | ||
Level 1 [Member] | U.S Small Cap [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,607 | ||
Level 1 [Member] | U.S. Medium Cap [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,489 | ||
Level 1 [Member] | U.S. Large Cap [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 2,832 | ||
Level 1 [Member] | Certificate of Deposits [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | 1,847 | ||
Level 1 [Member] | Fixed Income [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Fair value of plan assets regarding ACS Retirement Plan | $ 1,813 |
Retirement Plans - Summary of B
Retirement Plans - Summary of Benefits Expected to be Paid for Plan (Detail) $ in Thousands | Dec. 31, 2016USD ($) |
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract] | |
2,017 | $ 1,084 |
2,018 | 1,097 |
2,019 | 1,085 |
2,020 | 1,089 |
2,021 | 1,093 |
2022-2026 | $ 5,264 |
Earnings Per Share - Additional
Earnings Per Share - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Jan. 29, 2016 | |
Number of shares excluded from computation of earnings per share [Line Items] | ||||
Interest rate of convertible notes | 6.25% | |||
Six point two five percent convertible notes due two thousand eighteen excluded from computation of earnings per share [Member] | ||||
Number of shares excluded from computation of earnings per share [Line Items] | ||||
Interest rate of convertible notes | 6.25% | |||
Maturity year of convertible notes | May 1, 2018 | |||
Shares received upon conversion | 97.2668 | |||
Principal amount for initial conversion | $ 1,000 | |||
Initial conversion price | $ 10.28 | |||
Convertible note, convertible beginning date | Feb. 1, 2018 | |||
6.25% Convertible Notes Due 2018 [Member] | ||||
Number of shares excluded from computation of earnings per share [Line Items] | ||||
Interest rate of convertible notes | 6.25% | 6.25% | 6.25% | |
Maturity year of convertible notes | May 1, 2018 | |||
Shares received upon conversion | 97.2668 | |||
Principal amount for initial conversion | $ 1,000 | |||
Initial conversion price | $ 10.28 | |||
Convertible Notes Payable [Member] | ||||
Number of shares excluded from computation of earnings per share [Line Items] | ||||
Anti-dilutive shares excluded from calculation | 9,220,000 | 10,809,000 | ||
Restricted Stock and Deferred Shares [Member] | ||||
Number of shares excluded from computation of earnings per share [Line Items] | ||||
Anti-dilutive shares excluded from calculation | 2,345,000 | |||
RSUs and PSUs [Member] | ||||
Number of shares excluded from computation of earnings per share [Line Items] | ||||
Anti-dilutive shares excluded from calculation | 4,000 |
Earnings Per Share - Calculatio
Earnings Per Share - Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Earnings Per Share, Basic and Diluted [Abstract] | |||||||||||
Net income (loss) attributable to Alaska Communications | $ 1,629 | $ 354 | $ 317 | $ 86 | $ 339 | $ 1,239 | $ (4,841) | $ 16,217 | $ 2,386 | $ 12,954 | $ (2,780) |
Tax-effected interest expense attributable to convertible notes | 0 | 0 | 0 | ||||||||
Net income (loss) attributable to Alaska Communications assuming dilution | $ 2,386 | $ 12,954 | $ (2,780) | ||||||||
Weighted average common shares outstanding: | |||||||||||
Basic shares | 51,169 | 50,247 | 49,334 | ||||||||
Effect of stock-based compensation | 1,019 | 1,121 | |||||||||
Effect of 6.25% convertible notes | 0 | 0 | 0 | ||||||||
Diluted shares | 52,188 | 51,368 | 49,334 | ||||||||
Income (loss) per share attributable to Alaska Communications: | |||||||||||
Basic | $ 0.03 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.02 | $ (0.10) | $ 0.32 | $ 0.05 | $ 0.26 | $ (0.06) | |
Diluted | $ 0.03 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.02 | $ (0.10) | $ 0.32 | $ 0.05 | $ 0.25 | $ (0.06) |
Earnings Per Share - Calcula109
Earnings Per Share - Calculation of Basic and Diluted Earnings Per Share (Parenthetical) (Detail) | Dec. 31, 2016 | Jan. 29, 2016 | Dec. 31, 2014 |
Earnings Per Share Basic And Diluted [Line Items] | |||
Percentage of Convertible Notes, Anti-dilutive | 6.25% | ||
6.25% Convertible Notes Due 2018 [Member] | |||
Earnings Per Share Basic And Diluted [Line Items] | |||
Percentage of Convertible Notes, Anti-dilutive | 6.25% | 6.25% | 6.25% |
Income Taxes - Schedule of Cons
Income Taxes - Schedule of Consolidated Income (Loss) Before Income Tax (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Income Tax Disclosure [Abstract] | |||
Income (loss) before income tax | $ 3,752 | $ 23,085 | $ (4,567) |
Income Taxes - Schedule of Inco
Income Taxes - Schedule of Income Tax Provision (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Current: | |||
Federal income tax | $ (276) | $ 4,320 | $ 217 |
State income tax | 6 | 693 | 43 |
Total current (benefit) expense | (270) | 5,013 | 260 |
Deferred: | |||
Federal, excluding operating loss carry forwards | 1,680 | 69,774 | (1,620) |
State, excluding operating loss carry forwards | 228 | 19,725 | (427) |
Change in valuation allowance | (139) | ||
Tax benefit of operating loss carry forwards: | |||
Federal | (66,285) | ||
State | (18,027) | ||
Total deferred expense (benefit) | 1,769 | 5,187 | (2,047) |
Total income tax expense (benefit) | $ 1,499 | $ 10,200 | $ (1,787) |
Income Taxes - Additional Infor
Income Taxes - Additional Information (Detail) - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Operating Loss Carryforwards [Line Items] | |||
Reconciliation of income tax expense (benefit) at the federal statutory rate | 35.00% | 35.00% | 35.00% |
Change in valuation allowance | $ 139,000 | $ 0 | |
Valuation allowance | 139,000 | 0 | |
Additional valuation allowance | 0 | ||
Alternative minimum tax carry forward | $ 9,380,000 | $ 9,668,000 | |
Net operating loss carry forwards, expiration dates | 2031 through 2036 | ||
Federal [Member] | |||
Operating Loss Carryforwards [Line Items] | |||
Alternative minimum tax carry forward | $ 8,672,000 | ||
Net operating loss carry forwards subject to expiration | 67,514,000 | ||
State [Member] | |||
Operating Loss Carryforwards [Line Items] | |||
Alternative minimum tax carry forward | 1,089,000 | ||
Net operating loss carry forwards subject to expiration | $ 46,044,000 |
Income Taxes - Summary of Recon
Income Taxes - Summary of Reconciliation of Income Tax Expense (Benefit) at Federal Statutory Rate to Recorded Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Effective Income Tax Rate Reconciliation, Amount [Abstract] | |||
Computed federal income taxes at the statutory rate | $ 1,313 | $ 8,080 | $ (1,598) |
Expense (benefit) in tax resulting from: | |||
State income taxes (net of Federal benefit) | 229 | 1,408 | (278) |
Other | (209) | 263 | 58 |
Stock-based compensation | 27 | 449 | 31 |
Change in valuation allowance | 139 | 0 | |
Total income tax expense (benefit) | $ 1,499 | $ 10,200 | $ (1,787) |
Income Taxes - Summary of Incom
Income Taxes - Summary of Income Tax Expense (Benefit) Charged To Statement of Comprehensive Income (Loss) and Statement of Stockholders' Equity (Deficit) (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Statement of comprehensive income (loss): | |||
Income (loss) before income tax | $ 1,499 | $ 10,200 | $ (1,787) |
Other comprehensive income (loss) | 128 | 1,434 | $ 320 |
Additional paid-in capital: | |||
Excess tax expense (benefit) from share-based payments | $ 47 | $ (733) |
Income Taxes - Significant Comp
Income Taxes - Significant Components of Company's Deferred Tax Assets and Liabilities (Detail) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Deferred tax assets: | ||
Net operating loss carry forwards | $ 26,429,000 | $ 16,863,000 |
Deferred GCI capacity revenue | 15,340,000 | 22,654,000 |
Reserves and accruals | 12,499,000 | 6,522,000 |
Intangibles and goodwill | 1,620,000 | 1,765,000 |
Fair value on interest rate swaps | 25,000 | |
Pension liability | 1,804,000 | 2,010,000 |
Allowance for doubtful accounts | 458,000 | 696,000 |
Alternative minimum tax carry forward | 9,380,000 | 9,668,000 |
Other | 257,000 | 277,000 |
Total deferred tax assets | 67,812,000 | 60,455,000 |
Valuation allowance | (139,000) | 0 |
Deferred tax assets after valuation allowance | 67,673,000 | 60,455,000 |
Deferred tax liabilities: | ||
Debt issuance costs | (933,000) | (1,907,000) |
Property, plant and equipment | (52,022,000) | (41,886,000) |
Fair value on interest rate swaps | (2,000) | |
Total deferred tax liabilities | (52,955,000) | (43,795,000) |
Net deferred tax asset | $ 14,718,000 | $ 16,660,000 |
Stock Incentive Plans - Additio
Stock Incentive Plans - Additional Information (Detail) - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2010 | |
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
2011 Incentive Award Plan termination year | 2,021 | |
Number of shares expected to be repurchased in 2017 | 333,000 | |
Periodic payroll deduction maximum for acquisition of common stock | 15.00% | |
Periodic payroll deduction minimum for acquisition of common stock | 1.00% | |
2012 ESPP [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Eligible working hours for ESPP per week | 20 hours | |
Eligible working months for ESPP | 5 months | |
Maximum purchase amount of common stock per individual per calendar year | $ 25,000 | |
Maximum common stock ownership for participation in ESSP | 5.00% | |
Maximum number of shares that an individual employee can purchase during six month offering | 10,000 | |
Company reserved common stock for issuance | 1,500,000 | |
Share Based Incentive Plans All [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Company authorized common stock for issuance | 19,210,000 | |
Restricted Stock Unit [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Options vesting period | 3 years | |
Restricted Stock Unit [Member] | Minimum [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Options vesting period | 1 year | |
Restricted Stock Unit [Member] | Maximum [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Options vesting period | 5 years | |
LTIP [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Options vesting period | 5 years | |
Performance Share Units [Member] | ||
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] | ||
Options vesting period | 3 years |
Stock Incentive Plans - Summary
Stock Incentive Plans - Summary of Activity for Restricted Stock Units, Long-Term Incentive Awards and Non-Employee Director Stock Compensation (Detail) - Restricted Stock Unit [Member] shares in Thousands | 12 Months Ended |
Dec. 31, 2016$ / sharesshares | |
Summary of activity for restricted stock units, long-term incentive awards and non-employee director stock compensation | |
Number of Shares - Nonvested at December 31, 2015 | shares | 1,186 |
Number of Shares - Granted | shares | 925 |
Number of Shares - Vested | shares | (697) |
Number of Shares - Canceled or expired | shares | 0 |
Number of Shares - Nonvested at December 31, 2016 | shares | 1,414 |
Weighted Average Grant Date Fair Value - Nonvested at December 31, 2015 | $ / shares | $ 1.83 |
Weighted Average Grant Date Fair Value - Granted | $ / shares | 1.74 |
Weighted Average Grant Date Fair Value - Vested | $ / shares | 1.81 |
Weighted Average Grant Date Fair Value - Canceled or expired | $ / shares | 0 |
Weighted Average Grant Date Fair Value - Nonvested at December 31, 2016 | $ / shares | $ 1.79 |
Stock Incentive Plans - Summ118
Stock Incentive Plans - Summary of Activity for Performance Share Units (Detail) - Performance Share Units [Member] shares in Thousands | 12 Months Ended |
Dec. 31, 2016$ / sharesshares | |
Summary of activity for performance share units | |
Number of Shares - Nonvested at December 31, 2015 | shares | 984 |
Number of Shares - Granted | shares | 803 |
Number of Shares - Vested | shares | (432) |
Number of Shares - Canceled or expired | shares | (21) |
Number of Shares - Nonvested at December 31, 2016 | shares | 1,334 |
Weighted Average Grant Date Fair Value - Nonvested at December 31, 2015 | $ / shares | $ 1.78 |
Weighted Average Grant Date Fair Value - Granted | $ / shares | 1.74 |
Weighted Average Grant Date Fair Value - Vested | $ / shares | 1.76 |
Weighted Average Grant Date Fair Value - Canceled or expired | $ / shares | 1.84 |
Weighted Average Grant Date Fair Value - Nonvested at December 31, 2016 | $ / shares | $ 1.77 |
Stock Incentive Plans - Summ119
Stock Incentive Plans - Summary of Assumptions Used for Valuation of Equity Instruments Granted (Detail) - Restricted Stock [Member] - $ / shares | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Restricted stock: | |||
Risk free rate, minimum | 0.00% | 0.00% | 0.00% |
Risk free rate, maximum | 0.23% | ||
Quarterly dividend | $ 0 | $ 0 | $ 0 |
Expected, per annum, forfeiture rate | 9.00% | 9.00% | 9.00% |
Stock Incentive Plans - Share-B
Stock Incentive Plans - Share-Based Compensation (Detail) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||
Total compensation cost for share-based payments | $ 2,830 | $ 2,008 | $ 2,511 |
Weighted average grant-date fair value of equity instruments granted | $ 1.74 | $ 1.82 | $ 1.87 |
Total fair value of shares vested during the period | $ 2,029 | $ 2,615 | $ 2,935 |
Unamortized share-based payments | $ 1,562 | $ 1,421 | $ 1,392 |
Weighted average period in years to be recognized as expense | 1 year 4 months 10 days | 1 year 4 months 21 days | 1 year 5 months 12 days |
Supplemental Cash Flow Infor121
Supplemental Cash Flow Information - Schedule of Supplemental Non-Cash Transaction and Nonmonetary Exchange Information (Detail) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Supplemental Non-cash Transactions: | |||
Capital expenditures incurred but not paid at December 31 | $ 3,508 | $ 11,600 | $ 6,678 |
Property acquired under capital leases | 20 | 1,877 | |
Additions to ARO asset | 159 | 254 | 369 |
Accrued acquisition purchase price | $ 0 | 0 | 0 |
Accrued acquisition purchase price | 291 | ||
Non-cash acquisition, net of cash received | $ 956 | ||
Note receivable on sale of asset | 2,650 | ||
Property, Plant and Equipment [Member] | |||
Nonmonetary Exchanges: | |||
Nonmonetary Exchanges | 710 | ||
Deferred Revenue [Member] | |||
Nonmonetary Exchanges: | |||
Nonmonetary Exchanges | (2,310) | ||
Prepaid Expenses [Member] | |||
Nonmonetary Exchanges: | |||
Nonmonetary Exchanges | 1,600 | ||
IRUs Received [Member] | |||
Nonmonetary Exchanges: | |||
Nonmonetary Exchanges | 2,765 | ||
IRUs Relinquished [Member] | |||
Nonmonetary Exchanges: | |||
Nonmonetary Exchanges | (2,765) | ||
Noncontrolling Interests [Member] | |||
Supplemental Non-cash Transactions: | |||
Assets contributed to joint venture | $ 922 |
Business Segments - Additional
Business Segments - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2016Segment | |
Segment Reporting [Abstract] | |
Number of reportable segments in which business operates | 1 |
Business Segments - Service and
Business Segments - Service and Product Revenues from External Customers (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Segment Reporting Information [Line Items] | |||||||||||
Revenues | $ 57,793 | $ 56,483 | $ 56,262 | $ 56,328 | $ 56,631 | $ 54,735 | $ 55,665 | $ 65,786 | $ 226,866 | $ 232,817 | $ 314,863 |
Wireless and AWN Related Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 13,015 | 99,770 | |||||||||
Wireless and AWN Related Revenue [Member] | Service Revenue, Equipment Sales and Other [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 6,300 | 77,054 | |||||||||
Wireless and AWN Related Revenue [Member] | Transition Services [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 4,769 | ||||||||||
Wireless and AWN Related Revenue [Member] | CETC [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 1,654 | 19,565 | |||||||||
Wireless and AWN Related Revenue [Member] | Amortization of Deferred AWN Capacity Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 292 | 3,151 | |||||||||
Wireline Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 226,866 | 219,802 | 215,093 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 136,855 | 126,447 | 115,116 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | Business Broadband [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 59,218 | 51,058 | 44,461 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | Business Voice and Other [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 27,903 | 28,909 | 28,827 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | Managed IT Services [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 4,173 | 3,316 | 3,492 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | Equipment Sales and Installations [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 6,441 | 6,274 | 5,195 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | Wholesale Broadband [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 31,581 | 28,126 | 23,216 | ||||||||
Wireline Revenue [Member] | Business and Wholesale Revenue [Member] | Wholesale Voice and Other [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 7,539 | 8,764 | 9,925 | ||||||||
Wireline Revenue [Member] | Consumer Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 37,744 | 40,029 | 41,462 | ||||||||
Wireline Revenue [Member] | Consumer Revenue [Member] | Broadband [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 24,981 | 25,621 | 25,689 | ||||||||
Wireline Revenue [Member] | Consumer Revenue [Member] | Voice and Other [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 12,763 | 14,408 | 15,773 | ||||||||
Wireline Revenue [Member] | Business, Wholesale and Consumer Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 174,599 | 166,476 | 156,578 | ||||||||
Wireline Revenue [Member] | Regulatory Revenue [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 52,267 | 53,326 | 58,515 | ||||||||
Wireline Revenue [Member] | Regulatory Revenue [Member] | Access [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | 32,412 | 33,644 | 35,323 | ||||||||
Wireline Revenue [Member] | Regulatory Revenue [Member] | High Cost Support [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Revenues | $ 19,855 | $ 19,682 | $ 23,192 |
Commitments and Contingencies -
Commitments and Contingencies - Additional Information (Detail) $ in Thousands | Dec. 31, 2016USD ($) |
Commitments and Contingencies Disclosure [Abstract] | |
Litigation costs | $ 1,271 |
Selected Quarterly Financial125
Selected Quarterly Financial Information - Summary of Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Quarterly Financial Information Disclosure [Abstract] | |||||||||||
Operating revenues | $ 57,793 | $ 56,483 | $ 56,262 | $ 56,328 | $ 56,631 | $ 54,735 | $ 55,665 | $ 65,786 | $ 226,866 | $ 232,817 | $ 314,863 |
Gross profit (before charge for depreciation and amortization) | 32,720 | 31,090 | 30,719 | 30,200 | 30,525 | 30,062 | 25,587 | 34,520 | 124,729 | 120,694 | |
Operating income (loss) | 6,728 | 4,100 | 4,365 | 4,316 | 4,630 | 8,178 | (4,375) | 39,313 | 19,509 | 47,746 | 29,760 |
Net income (loss) | 1,597 | 320 | 283 | 53 | 326 | 1,202 | (4,860) | 16,217 | 2,253 | 12,885 | (2,780) |
Net income (loss) attributable Alaska Communications | $ 1,629 | $ 354 | $ 317 | $ 86 | $ 339 | $ 1,239 | $ (4,841) | $ 16,217 | $ 2,386 | $ 12,954 | $ (2,780) |
Net income (loss) per share attributable to Alaska Communications: | |||||||||||
Basic | $ 0.03 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.02 | $ (0.10) | $ 0.32 | $ 0.05 | $ 0.26 | $ (0.06) | |
Diluted | $ 0.03 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.02 | $ (0.10) | $ 0.32 | $ 0.05 | $ 0.25 | $ (0.06) |
Selected Quarterly Financial126
Selected Quarterly Financial Information - Additional Information (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | ||
Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2015 | |
Quarterly Financial Information Disclosure [Abstract] | ||||
Gain on sale of Wireless assets, pre-tax | $ 7,092 | $ 1,421 | $ 39,719 | $ 48,232 |
Subsequent Events - Additional
Subsequent Events - Additional Information (Detail) - USD ($) | Mar. 28, 2017 | Mar. 13, 2017 | Dec. 31, 2016 | Jan. 29, 2016 | Dec. 31, 2015 | Sep. 14, 2015 | Dec. 31, 2014 |
Subsequent Event [Line Items] | |||||||
Interest rate of convertible notes | 6.25% | ||||||
6.25% Convertible Notes Due 2018 [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Convertible notes | $ 94,000,000 | $ 104,000,000 | |||||
Interest rate of convertible notes | 6.25% | 6.25% | 6.25% | ||||
Maturity date | May 1, 2018 | ||||||
6.25% Convertible Notes Due 2018 [Member] | Scenario, Forecast [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Convertible notes | $ 94,000,000 | ||||||
Interest rate of convertible notes | 6.25% | ||||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Senior secured financing | $ 100,000,000 | ||||||
Revolving credit facility | $ 10,000,000 | ||||||
Maturity date | Mar. 3, 2018 | ||||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Scenario, Forecast [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Repayment of line of credit | $ 87,800,000 | ||||||
2015 Senior Secured Credit Facilities Due 2018 [Member] | Revolving Credit Facility Loan [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Maturity date | Jan. 2, 2018 | ||||||
Subsequent Event [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Authorized amount for stock repurchase program | $ 10,000,000 | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Term A-1 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Senior secured financing | 120,000,000 | ||||||
Quarterly principal payments in fourth quarter of 2017 through the first quarter of 2020 | 1,500,000 | ||||||
Quarterly principal payments in second quarter of 2020 through the first quarter of 2021 | 2,250,000 | ||||||
Quarterly principal payments in second quarter of 2021 through the fourth quarter of 2021 | $ 4,000,000 | ||||||
Maturity date | Mar. 13, 2022 | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Term A-2 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Senior secured financing | $ 60,000,000 | ||||||
Maturity date | Mar. 13, 2023 | ||||||
Quarterly principal payments in fourth quarter of 2017 through the first quarter of 2021 | $ 150,000 | ||||||
Quarterly principal payments in second quarter of 2021 through the fourth quarter of 2022 | 600,000 | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Revolving Credit Facility Loan [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Revolving credit facility | $ 15,000,000 | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Minimum [Member] | Term A-1 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
LIBOR interest rate | 1.00% | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Minimum [Member] | Term A-2 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
LIBOR interest rate | 1.00% | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | LIBOR [Member] | Term A-1 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Interest rate over LIBOR | 5.00% | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | LIBOR [Member] | Term A-2 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Interest rate over LIBOR | 7.00% | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Alternate Base Rate [Member] | Term A-1 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Interest rate over LIBOR | 4.00% | ||||||
Subsequent Event [Member] | 2017 Senior Credit Facility [Member] | Alternate Base Rate [Member] | Term A-2 Facility [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Interest rate over LIBOR | 6.00% |