Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2020 |
Accounting Policies [Abstract] | |
Basis of Accounting, Policy [Policy Text Block] | 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. The Company consolidates the financial results of the AQ-JV 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 percent ownership interest in the joint venture as a noncontrolling interest. See Note 20 Joint Venture Other than as described in the notes to the consolidated financial statements, as of the date of the accompanying consolidated financial statements, the COVID- 19 not |
Use of Estimates, Policy [Policy Text Block] | 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, revenue, deferred capacity revenue, legal contingencies, stock-based compensation, operating leases 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. Volatile capital markets, uncertainty regarding certain regulatory matters, the COVID- 19 may |
Cash and Cash Equivalents, Policy [Policy Text Block] | 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 |
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] | Restricted Cash Restricted cash of $1,326 at December 31, 2020 |
Accounts Receivable [Policy Text Block] | Trade Accounts Receivable and Allowance for Doubtful Accounts Trade accounts receivable are recorded at the invoiced amount and do not not not 4 Accounts Receivable |
Inventory, Policy [Policy Text Block] | Materials and Supplies Materials and supplies are carried in inventory at the lower of moving average cost or net realizable value. Cash flows related to the sale of inventory are included in operating activities in the Company’s Consolidated Statements of Cash Flows. |
Property, Plant and Equipment, Policy [Policy Text Block] | 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 finance leases, retired in the ordinary course of business, less salvage, is charged to accumulated depreciation with no 5 50 The Company is the lessee of equipment and buildings under finance leases expiring in various years through 2033. not 10 Leases 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 Obligation [Policy Text Block] | 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 [Policy Text Block] | Indefeasible Rights of Use Indefeasible rights of use (“IRU”) consist of agreements between the Company and a third one may may may not not not not |
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block] | Intangible Assets The Company’s intangible assets consist of a spectrum licensing agreement with a carrying value of $683 at December 31, 2020, |
Consolidation, Variable Interest Entity, Policy [Policy Text Block] | Variable Interest Entities The Company’s ownership interest in the AQ-JV is a variable interest entity as defined in Accounting Standards Codification (“ASC”) 810, 20 Joint Venture |
Deferred Capacity Revenue [Policy Text Block] | Deferred Capacity Revenue Deferred capacity liabilities are established for usage rights on the Company’s network provided to third |
Preferred Stock, Policy [Policy Text Block] | Preferred Stock The Company has 5 million shares of $0.01 par value preferred stock authorized, none December 31, 2020 2019. On January 8, 2018, 382 October 17, 2019. |
Lessee and Lessor, Leases [Policy Text Block] | Leases The Company accounts for leases in accordance with ASC 842, 842” 10 Leases 842. |
Revenue [Policy Text Block] | Revenue Recognition The Company accounts for revenue in accordance with ASC 606, 606” 3 Revenue Recognition 606. |
Advertising Cost [Policy Text Block] | Advertising Costs The Company expenses advertising costs as incurred. Advertising expense totaled $3,616 and $2,829 in 2020 2019, |
Share-based Payment Arrangement [Policy Text Block] | Share-based Payments The Company accounts for forfeitures associated with share-based payments as they occur. 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 2011 Performance Share Units ( PSUs ) PSUs may 2011 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 June 30 December 31), 2012 “2012 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 and Other Postretirement Plans, Policy [Policy Text Block] | 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 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 December 31 Defined Contribution Plan The Company provides a 401 |
Income Tax, Policy [Policy Text Block] | 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 not not” |
Earnings Per Share, Policy [Policy Text Block] | 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. |
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Long-lived Asset Impairment Long‑lived assets, such as property, plant, and equipment, and purchased intangible assets subject to amortization, are reviewed for impairment annually, or whenever events or changes in circumstances indicate that the carrying amount of an asset may not not |
Debt, Policy [Policy Text Block] | Debt Issuance Costs and Discounts Debt issuance costs are deferred 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. |
Regulatory Accounting and Regulation, Policy [Policy Text Block] | Regulatory Accounting and Regulation Certain activities of the Company are subject to rate regulation by the Federal Communications Commission (“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 interexchange carrier by the FCC for interstate telecommunication services and the RCA for intrastate telecommunication services. Wireless, Internet and other non-common carrier services are not |
Utility, Revenue and Expense Recognition, Policy [Policy Text Block] | 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 Sheet. |
Derivatives, Policy [Policy Text Block] | Derivative Financial Instruments The Company does not not not may |
Dividend, Policy [Policy Text Block] | Dividend Policy The Company’s dividend policy is set by the Company’s Board of Directors and is subject to the terms of its credit facilities and the continued current and future performance and liquidity needs of the Company. Dividends on the Company’s common stock are not |
Share Repurchase Program [Policy Text Block] | Share Repurchase Program The Company does not |
Concentration Risk, Credit Risk, Policy [Policy Text Block] | Concentrations of Risk Cash is maintained with several financial institutions. Deposits held with banks may may not 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, 2020, 1547 December 31, 2023, 2020; 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. As an entity that relies on the 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 2020, 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 |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Adopted Accounting Pronouncements Effective January 1, 2020, No. 2018 13, Fair Value Measurement (Topic 820 Changes to the Disclosure Requirements for Fair Value Measurement 2018 13” 2018 13 1 2 3 3 3 not 3 no 1 2 December 31, 2020 2019. 2018 13 no Effective January 1, 2020, 2018 15 Intangibles Goodwill and Other Internal-Use Software (Subtopic 350 40 s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract 2018 15” 2018 15 not December 31, 2020. 2018 15 no Effective June 30, 2020, No. 2020 04, Reference Rate Reform (Topic 848 2020 04” 2020 04 2020 04 March 12, 2020 December 31, 2022. may 2020 04 March 12, 2020 March 12, 2020. two 2019 no 9, Long-Term Obligations 15, Fair Value Measurements and Derivative Financial Instruments. Effective in 2020, No. 2018 14, Compensation Retirement Benefits Defined Benefit Plans General (Subtopic 715 20 Changes to the Disclosure Requirements for Defined Benefit Plans 2018 14” 2018 14 2018 14 13, Retirement Plans 18, Accumulated Other Comprehensive Loss Accounting Pronouncements Issued Not In June 2016, No. 2016 13, Financial Instruments Credit Losses (Topic 326 2016 13” 2016 13, 2016 13 2023 2016 13 In December 2019, No. 2019 12, Income Taxes (Topic 740 2019 12” 2019 12 740 740. 2019 12 December 15, 2020 2019 12 |