Cable One (CABO) 10-Q/A 1 Oct 24 2024 Q2 Quarterly report (amended) Financial data

COVER PAGE

COVER PAGE - shares	6 Months Ended
	Jun. 30, 2024	Jul. 26, 2024
Cover [Abstract]
Document Type	10-Q/A
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-36863
Entity Registrant Name	Cable One, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-3060083
Entity Address, Address Line One	210 E. Earll Drive
Entity Address, City or Town	Phoenix
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85012
City Area Code	602
Local Phone Number	364-6000
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	CABO
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,619,085
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Entity Central Index Key	0001632127
Amendment Flag	true
Document Fiscal Period Focus	Q2
Amendment Description	This amendment is to restate an error identified in relation to the equity method accounting for Clearwave Fiber, subsequent to the issuance of the Company's condensed consolidated financial statements as of and for the three and six months ended June 30, 2024.

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 201,518	$ 190,289
Accounts receivable, net	66,051	93,973
Prepaid and other current assets	71,177	58,116
Total Current Assets	338,746	342,378
Equity investments	1,014,215	1,038,024
Property, plant and equipment, net	1,785,765	1,791,120
Intangible assets, net	2,563,427	2,595,892
Goodwill	928,947	928,947
Other noncurrent assets	82,393	63,149
Total Assets	6,713,493	6,759,510
Current Liabilities:
Accounts payable and accrued liabilities	142,297	156,645
Deferred revenue	26,270	27,169
Current portion of long-term debt	18,898	19,023
Total Current Liabilities	187,465	202,837
Long-term debt	3,521,450	3,626,928
Deferred income taxes	941,360	950,919
Other noncurrent liabilities	182,958	169,556
Total Liabilities	4,833,233	4,950,240
Commitments and contingencies (refer to note 15)
Stockholders' Equity:
Preferred stock ($0.01 par value; 4,000,000 shares authorized; none issued or outstanding)	0	0
Common stock ($0.01 par value; 40,000,000 shares authorized; 6,175,399 shares issued; and 5,619,200 and 5,616,987 shares outstanding as of June 30, 2024 and December 31, 2023, respectively)	62	62
Additional paid-in capital	622,150	607,574
Retained earnings	1,803,232	1,761,667
Accumulated other comprehensive income (loss)	54,326	36,745
Treasury stock, at cost (556,199 and 558,412 shares held as of June 30, 2024 and December 31, 2023, respectively)	(599,510)	(596,778)
Total Stockholders' Equity	1,880,260	1,809,270
Total Liabilities and Stockholders' Equity	$ 6,713,493	$ 6,759,510

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	4,000,000	4,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	6,175,399	6,175,399
Common stock, shares outstanding (in shares)	5,619,200	5,616,987
Treasury stock, shares (in shares)	556,199	558,412

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Revenues	$ 394,461	$ 424,024	$ 798,774	$ 845,918
Costs and Expenses:
Operating (excluding depreciation and amortization)	105,845	112,804	212,357	224,969
Selling, general and administrative	90,770	86,173	181,160	172,914
Depreciation and amortization	85,314	87,240	170,955	172,668
(Gain) loss on asset sales and disposals, net	2,395	2,767	4,303	8,222
Total Costs and Expenses	284,324	288,984	568,775	578,773
Income from operations	110,137	135,040	229,999	267,145
Interest expense, net	(34,964)	(38,737)	(70,748)	(75,960)
Other income (expense), net	(641)	(6,593)	(7,756)	(5,240)
Income before income taxes and equity method investment income (loss), net	74,532	89,710	151,495	185,945
Income tax provision	14,069	16,811	31,646	35,312
Income before equity method investment income (loss), net	60,463	72,899	119,849	150,633
Equity method investment income (loss), net	(22,311)	(28,665)	(44,347)	(59,802)
Net income	$ 38,152	$ 44,234	$ 75,502	$ 90,831
Net Income per Common Share:
Basic (in dollars per share)	$ 6.79	$ 7.81	$ 13.44	$ 15.96
Diluted (in dollars per share)	$ 6.58	$ 7.54	$ 13.04	$ 15.40
Weighted Average Common Shares Outstanding:
Basic (in shares)	5,620,592	5,660,751	5,619,669	5,689,588
Diluted (in shares)	6,029,382	6,070,996	6,027,923	6,099,635
Unrealized gain (loss) on cash flow hedges and other, net of tax	$ (693)	$ 21,711	$ 17,581	$ 3,769
Comprehensive income	$ 37,459	$ 65,945	$ 93,083	$ 94,600

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Gain (Loss)	Treasury Stock, Common [Member]
Beginning balance (in shares) at Dec. 31, 2022		5,766,011
Beginning balance at Dec. 31, 2022	$ 1,736,912	$ 62	$ 578,154	$ 1,603,345	$ 50,031	$ (494,680)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	90,831			90,831
Unrealized gain (loss) on cash flow hedges and other, net of tax	3,769				3,769
Equity-based compensation	11,584		11,584
Issuance of equity awards, net of forfeitures (in shares)		(3,977)
Repurchases of common stock (in shares)		(117,676)
Repurchases of common stock	$ (83,119)					(83,119)
Withholding tax for equity awards (in shares)	(3,302)	(3,302)
Withholding tax for equity awards	$ (2,302)					(2,302)
Dividends paid to stockholders	(32,837)			(32,837)
Ending balance (in shares) at Jun. 30, 2023		5,641,056
Ending balance at Jun. 30, 2023	1,724,838	$ 62	589,738	1,661,339	53,800	(580,101)
Beginning balance (in shares) at Mar. 31, 2023		5,700,002
Beginning balance at Mar. 31, 2023	1,710,723	$ 62	583,739	1,633,444	32,089	(538,611)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	44,234			44,234
Unrealized gain (loss) on cash flow hedges and other, net of tax	21,711				21,711
Equity-based compensation	5,999		5,999
Issuance of equity awards, net of forfeitures (in shares)		2,134
Repurchases of common stock (in shares)		(60,910)
Repurchases of common stock	$ (41,369)					(41,369)
Withholding tax for equity awards (in shares)	(170)	(170)
Withholding tax for equity awards	$ (121)					(121)
Dividends paid to stockholders	(16,339)			(16,339)
Ending balance (in shares) at Jun. 30, 2023		5,641,056
Ending balance at Jun. 30, 2023	$ 1,724,838	$ 62	589,738	1,661,339	53,800	(580,101)
Beginning balance (in shares) at Dec. 31, 2023	5,616,987	5,616,987
Beginning balance at Dec. 31, 2023	$ 1,809,270	$ 62	607,574	1,761,667	36,745	(596,778)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	75,502			75,502
Unrealized gain (loss) on cash flow hedges and other, net of tax	17,581				17,581
Equity-based compensation	$ 14,576		14,576
Issuance of equity awards, net of forfeitures (in shares)		4,617
Repurchases of common stock (in shares)	0
Withholding tax for equity awards (in shares)	(2,404)	(2,404)
Withholding tax for equity awards	$ (2,732)					(2,732)
Dividends paid to stockholders	$ (33,937)			(33,937)
Ending balance (in shares) at Jun. 30, 2024	5,619,200	5,619,200
Ending balance at Jun. 30, 2024	$ 1,880,260	$ 62	622,150	1,803,232	54,326	(599,510)
Beginning balance (in shares) at Mar. 31, 2024		5,619,098
Beginning balance at Mar. 31, 2024	1,852,874	$ 62	615,039	1,782,187	55,019	(599,433)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	38,152			38,152
Unrealized gain (loss) on cash flow hedges and other, net of tax	(693)				(693)
Equity-based compensation	$ 7,111		7,111
Issuance of equity awards, net of forfeitures (in shares)		178
Withholding tax for equity awards (in shares)	(76)	(76)
Withholding tax for equity awards	$ (77)					(77)
Dividends paid to stockholders	$ (17,107)			(17,107)
Ending balance (in shares) at Jun. 30, 2024	5,619,200	5,619,200
Ending balance at Jun. 30, 2024	$ 1,880,260	$ 62	$ 622,150	$ 1,803,232	$ 54,326	$ (599,510)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Dividends, per share (in dollars per share)	$ 2.95	$ 2.85	$ 5.90	$ 5.70

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 75,502	$ 90,831
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	170,955	172,668
Amortization of debt discount and issuance costs	4,406	4,591
Equity-based compensation	14,576	11,584
Write-off of debt issuance costs	0	3,340
Change in deferred income taxes	(15,084)	(3,435)
(Gain) loss on asset sales and disposals, net	4,303	8,222
Equity method investment (income) loss, net	44,347	59,802
Fair value adjustments	15,514	1,656
Changes in operating assets and liabilities:
Accounts receivable, net	27,922	(228)
Prepaid and other current assets	(10,130)	(17,368)
Accounts payable and accrued liabilities	(6,350)	(9,626)
Deferred revenue	(899)	4,507
Other	(4,764)	4,807
Net cash provided by operating activities	320,298	331,351
Cash flows from investing activities:
Cash paid for debt and equity investments	(20,000)	(14,704)
Capital expenditures	(137,479)	(177,613)
Change in accrued expenses related to capital expenditures	(7,643)	(7,915)
Purchase of wireless licenses	(625)	0
Proceeds from sales of property, plant and equipment	3,009	702
Net cash used in investing activities	(162,738)	(199,530)
Cash flows from financing activities:
Proceeds from long-term debt borrowings	0	638,000
Payment of debt issuance costs	0	(8,096)
Payments on long-term debt	(109,662)	(697,883)
Repurchases of common stock	0	(83,119)
Payment of withholding tax for equity awards	(2,732)	(2,302)
Dividends paid to stockholders	(33,937)	(32,837)
Net cash used in financing activities	(146,331)	(186,237)
Change in cash and cash equivalents	11,229	(54,416)
Cash and cash equivalents, beginning of period	190,289	215,150
Cash and cash equivalents, end of period	201,518	160,734
Supplemental cash flow disclosures:
Cash paid for interest, net of capitalized interest	76,447	80,093
Cash paid for income taxes, net of refunds received	$ 52,748	$ 61,268

DESCRIPTION OF BUSINESS AND BAS

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (AS RESTATED) Description of Business. Cable One is a fully integrated provider of data, video and voice services to residential and business customers in 24 Western, Midwestern and Southern U.S. states. As of June 30, 2024, Cable One provided services to approximately 1.1 million residential and business customers, of which approximately 1,063,000 subscribed to data services, 126,000 subscribed to video services and 112,000 subscribed to voice services. Basis of Presentation. The condensed consolidated financial statements and accompanying notes thereto have been prepared in accordance with: (i) generally accepted accounting principles in the United States (“GAAP”) for interim financial information; and (ii) the guidance of Rule 10-01 of Regulation S-X under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), for financial statements required to be filed with the SEC. As permitted under such guidance, certain notes and other financial information normally required by GAAP have been omitted. Management believes the condensed consolidated financial statements reflect all normal and recurring adjustments necessary for a fair statement of the Company’s financial position, results of operations and cash flows as of and for the periods presented herein. These condensed consolidated financial statements are unaudited and should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the 2023 Form 10-K/A. The December 31, 2023 year-end balance sheet data presented herein was derived from the Company’s audited consolidated financial statements included in the 2023 Form 10-K/A, but does not include all disclosures required by GAAP. The Company’s interim results of operations may not be indicative of its future results. Certain reclassifications have been made to prior period amounts to conform to the current year presentation. Refer to note 13 for further details. Principles of Consolidation. The accompanying condensed consolidated financial statements include the accounts of the Company, including its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Restatement. The Company amends and restates its condensed consolidated financial statements due to an error in the equity method accounting for its partial ownership of Clearwave Fiber. Refer to note 4 for additional information on this investment. Specifically, the Company did not appropriately allocate the losses generated by Clearwave Fiber amongst the joint venture partners after considering the liquidation preference and preferred return feature held by the third-party investors. As a result, equity method investment loss was understated, income tax provision was overstated and net income was overstated in the Company's condensed consolidated statements of operations and comprehensive income, which had a corresponding impact on the related consolidated balance sheet and consolidated statement of stockholders' equity items. There was no impact to the Company’s condensed consolidated statement of cash flows except for the presentation of net income offset by the respective adjustments to reconcile net income to net cash provided by operating activities. The impact of the correction of the error on the condensed consolidated financial statements as of and for the three and six months ended June 30, 2024 and 2023 is as follows: Condensed Consolidated Balance Sheets As of June 30, 2024 (dollars in thousands) As Reported Adjustment As Restated Equity investments $ 1,128,363 $ (114,148) $ 1,014,215 Total assets $ 6,827,641 $ (114,148) $ 6,713,493 Deferred income taxes $ 972,144 $ (30,784) $ 941,360 Total liabilities $ 4,864,017 $ (30,784) $ 4,833,233 Retained earnings $ 1,886,596 $ (83,364) $ 1,803,232 Total stockholders' equity $ 1,963,624 $ (83,364) $ 1,880,260 Total liabilities and stockholders' equity $ 6,827,641 $ (114,148) $ 6,713,493 As of June 30, 2023 (dollars in thousands) As Reported Adjustment As Restated Equity investments $ 1,192,861 $ (57,516) $ 1,135,345 Total assets $ 6,882,741 $ (57,516) $ 6,825,225 Deferred income taxes $ 972,812 $ (14,614) $ 958,198 Total liabilities $ 5,115,001 $ (14,614) $ 5,100,387 Retained earnings $ 1,704,241 $ (42,902) $ 1,661,339 Total stockholders' equity $ 1,767,740 $ (42,902) $ 1,724,838 Total liabilities and stockholders' equity $ 6,882,741 $ (57,516) $ 6,825,225 Condensed Consolidated Statements of Operations and Comprehensive Income Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 (dollars in thousands, except per share data) As Reported Adjustment As Restated As Reported Adjustment As Restated Income tax provision $ 17,774 $ (3,705) $ 14,069 $ 38,882 $ (7,236) $ 31,646 Income before equity method investment income (loss), net $ 56,758 $ 3,705 $ 60,463 $ 112,613 $ 7,236 $ 119,849 Equity method investment income (loss), net $ (9,109) $ (13,202) $ (22,311) $ (17,622) $ (26,725) $ (44,347) Net income $ 47,649 $ (9,497) $ 38,152 $ 94,991 $ (19,489) $ 75,502 Comprehensive income $ 46,956 $ (9,497) $ 37,459 $ 112,572 $ (19,489) $ 93,083 Net Income per Common Share: Basic $ 8.48 $ (1.69) $ 6.79 $ 16.90 $ (3.46) $ 13.44 Diluted $ 8.16 $ (1.58) $ 6.58 $ 16.27 $ (3.23) $ 13.04 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 (dollars in thousands, except per share data) As Reported Adjustment As Restated As Reported Adjustment As Restated Income tax provision $ 20,949 $ (4,138) $ 16,811 $ 43,244 $ (7,932) $ 35,312 Income before equity method investment income (loss), net $ 68,761 $ 4,138 $ 72,899 $ 142,701 $ 7,932 $ 150,633 Equity method investment income (loss), net $ (13,515) $ (15,150) $ (28,665) $ (30,029) $ (29,773) $ (59,802) Net income $ 55,246 $ (11,012) $ 44,234 $ 112,672 $ (21,841) $ 90,831 Comprehensive income $ 76,957 $ (11,012) $ 65,945 $ 116,441 $ (21,841) $ 94,600 Net Income per Common Share: Basic $ 9.76 $ (1.95) $ 7.81 $ 19.80 $ (3.84) $ 15.96 Diluted $ 9.36 $ (1.82) $ 7.54 $ 18.98 $ (3.58) $ 15.40 Condensed Consolidated Statements of Stockholders' Equity: As of and For the Three Months Ended As of and For the Six Months Ended (dollars in thousands) As Reported Adjustment As Restated As Reported Adjustment As Restated Net income $ 47,649 $ (9,497) $ 38,152 $ 94,991 $ (19,489) $ 75,502 Retained earnings $ 1,886,596 $ (83,364) $ 1,803,232 $ 1,886,596 $ (83,364) $ 1,803,232 Total stockholders' equity $ 1,963,624 $ (83,364) $ 1,880,260 $ 1,963,624 $ (83,364) $ 1,880,260 As of and For the Three Months Ended As of and For the Six Months Ended (dollars in thousands) As Reported Adjustment As Restated As Reported Adjustment As Restated Net income $ 55,246 $ (11,012) $ 44,234 $ 112,672 $ (21,841) $ 90,831 Retained earnings $ 1,704,241 $ (42,902) $ 1,661,339 $ 1,704,241 $ (42,902) $ 1,661,339 Total stockholders' equity $ 1,767,740 $ (42,902) $ 1,724,838 $ 1,767,740 $ (42,902) $ 1,724,838 Condensed Consolidated Statements of Cash Flows: Six Months Ended June 30, 2024 (dollars in thousands) As Reported Adjustment As Restated Net income $ 94,991 $ (19,489) $ 75,502 Change in deferred income taxes $ (7,848) $ (7,236) $ (15,084) Equity method investment (income) loss, net $ 17,622 $ 26,725 $ 44,347 Net cash provided by operating activities $ 320,298 $ — $ 320,298 Six Months Ended June 30, 2023 (dollars in thousands) As Reported Adjustment As Restated Net income $ 112,672 $ (21,841) $ 90,831 Change in deferred income taxes $ 4,497 $ (7,932) $ (3,435) Equity method investment (income) loss, net $ 30,029 $ 29,773 $ 59,802 Net cash provided by operating activities $ 331,351 $ — $ 331,351 The following footnotes have been updated to reflect the restated amounts: • Note 1 . "Description of Business and Basis of Presentation" • Note 4 . "Equity Investments" • Note 1 2 . "Income Taxes" • Note 14 . "Net Income Per Common Share" Segment Reporting. Accounting Standards Codification 280 - Segment Reporting requires the disclosure of factors used to identify an entity’s reportable segments. Based on the Company’s chief operating decision maker’s review and assessment of the Company’s operating performance for purposes of performance monitoring and resource allocation, the Company determined that its operations, including the decisions to allocate resources and deploy capital, are organized and managed on a consolidated basis. Accordingly, management has identified one operating segment, which is its reportable segment, under this organizational and reporting structure. Use of Estimates. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported herein. Management bases its estimates and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in those estimates and underlying assumptions. Recently Issued But Not Yet Adopted Accounting Pronouncements. In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires additional disclosures around tax rate reconciliations, income taxes payments and other tax-related information. The ASU is effective for annual periods beginning after December 15, 2024 and can be applied on either a prospective or retrospective basis. The Company plans to adopt ASU 2023-09 in the first quarter of 2025 on a prospective basis and expects the adoption of the updated guidance to result in the additional disaggregation of certain tax information within the Company's income tax footnote disclosure. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting . The ASU requires additional disclosures regarding a reportable segment's financial information in which the reportable segment is regularly provided to the chief operating decision marker. The ASU is effective for annual periods beginning after December 15, 2023, and interim periods within annual periods beginning after December 15, 2024. The Company plans to adopt ASU 2023-07 in the first quarter of 2025 on a retrospective basis and expects the adoption of the updated guidance to result in additional segment-related footnote disclosures within the notes to the consolidated financial statements.

REVENUES

REVENUES	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES Revenues by product line and other revenue-related disclosures were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Residential: Data $ 230,404 $ 246,840 $ 466,223 $ 489,537 Video 57,178 66,137 117,536 136,423 Voice 8,203 9,507 16,763 19,254 Business: Data 56,687 55,792 113,328 110,399 Other 18,663 21,020 37,849 42,674 Other 23,326 24,728 47,075 47,631 Total revenues $ 394,461 $ 424,024 $ 798,774 $ 845,918 Franchise and other regulatory fees $ 6,150 $ 6,859 $ 12,541 $ 13,959 Deferred commission amortization $ 1,538 $ 1,454 $ 3,033 $ 2,758 Business other revenues include business video, voice and other ancillary service revenues. Other revenues are comprised primarily of regulatory revenues, advertising sales, late charges and reconnect fees. Fees imposed on the Company by various governmental authorities, including franchise fees, are passed through on a monthly basis to the Company’s customers and are periodically remitted to authorities. As the Company acts as principal, these fees are reported in video and voice revenues on a gross basis with corresponding expenses included within operating expenses in the condensed consolidated statements of operations and comprehensive income. Deferred commission amortization expense is included within selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive income. Current deferred revenue liabilities consist of refundable customer prepayments, up-front charges and installation fees. As of June 30, 2024, the Company’s remaining performance obligations pertain to the refundable customer prepayments and consist of providing future data, video and voice services to customers. Of the $27.2 million of current deferred revenue at December 31, 2023, $23.6 million was recognized during the six months ended June 30, 2024. Noncurrent deferred revenue liabilities consist of up-front charges and installation fees from business customers.

OPERATING ASSETS AND LIABILITIE

OPERATING ASSETS AND LIABILITIES	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
OPERATING ASSETS AND LIABILITIES	OPERATING ASSETS AND LIABILITIES Accounts receivable consisted of the following (in thousands): June 30, 2024 December 31, 2023 Trade receivables $ 51,181 $ 72,076 Other receivables (1) 17,594 26,006 Less: Allowance for credit losses (2,724) (4,109) Total accounts receivable, net $ 66,051 $ 93,973 (1) Balances include amounts due from Clearwave Fiber for services provided under a transition services agreement of $2.4 million and $3.7 million as of June 30, 2024 and December 31, 2023, respectively. The balances also include $7.5 million and $11.4 million of receivables from the federal government under the Secure and Trusted Communications Networks Reimbursement Program as of June 30, 2024 and December 31, 2023, respectively. The changes in the allowance for credit losses were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Beginning balance $ 4,442 $ 3,725 $ 4,109 $ 3,191 Additions - charged to costs and expenses 1,402 1,731 4,054 4,222 Deductions - write-offs (4,240) (2,929) (8,003) (6,379) Recoveries collected 1,120 1,131 2,564 2,624 Ending balance $ 2,724 $ 3,658 $ 2,724 $ 3,658 Prepaid and other current assets consisted of the following (in thousands): June 30, 2024 December 31, 2023 Prepaid repairs and maintenance $ 9,698 $ 2,596 Software implementation costs 2,617 1,812 Prepaid insurance 189 3,507 Prepaid rent 2,252 2,227 Prepaid software 10,775 9,762 Deferred commissions 5,969 5,371 Interest rate swap asset 27,442 24,511 Prepaid income tax payments 8,910 5,470 All other current assets 3,325 2,860 Total prepaid and other current assets $ 71,177 $ 58,116 Other noncurrent assets consisted of the following (in thousands): June 30, 2024 December 31, 2023 Operating lease right-of-use assets $ 9,005 $ 10,650 Deferred commissions 10,487 9,793 Software implementation costs 8,502 7,115 Debt issuance costs 2,815 3,087 Debt investment 2,294 2,228 Assets held for sale — 889 Interest rate swap asset 44,628 24,453 All other noncurrent assets 4,662 4,934 Total other noncurrent assets $ 82,393 $ 63,149 Accounts payable and accrued liabilities consisted of the following (in thousands): June 30, 2024 December 31, 2023 Accounts payable $ 33,168 $ 45,025 Accrued programming costs 16,938 18,453 Accrued compensation and related benefits 24,694 20,149 Accrued sales and other operating taxes 16,919 14,518 Accrued franchise fees 2,718 2,952 Deposits 6,052 5,954 Operating lease liabilities 3,036 3,391 Accrued insurance costs 5,154 5,167 Cash overdrafts 6,594 12,058 Interest payable 6,354 6,340 Income taxes payable — 2,579 All other accrued liabilities 20,670 20,059 Total accounts payable and accrued liabilities $ 142,297 $ 156,645 Other noncurrent liabilities consisted of the following (in thousands): June 30, 2024 December 31, 2023 Operating lease liabilities $ 5,542 $ 6,768 Accrued compensation and related benefits 8,362 8,847 Deferred revenue 13,788 15,066 MBI Net Option (as defined in note 4) (1) 151,970 136,360 All other noncurrent liabilities 3,296 2,515 Total other noncurrent liabilities $ 182,958 $ 169,556 (1) Represents the net value of the call and put options associated with the remaining equity interests in MBI (as defined in note 4), consisting of a $152.0 million put option liability as of June 30, 2024 and call and put liabilities of $15.2 million and $121.2 million, respectively, as of December 31, 2023. Refer to notes 4 and 9 for further information on the MBI Net Option (as defined in note 4).

EQUITY INVESTMENTS

EQUITY INVESTMENTS	6 Months Ended
	Jun. 30, 2024
Investments, All Other Investments [Abstract]
EQUITY INVESTMENTS	EQUITY INVESTMENTS (AS RESTATED) In June 2024, the Company invested an additional $20.0 million in AMG Technology Holdings, LLC, a wireless internet service provider ("Nextlink"), increasing its equity interest to approximately 22%. Prior to this additional investment, Nextlink was accounted for as a cost method investment. After the investment, Nextlink is accounted for as an equity method investment with a one quarter reporting lag. The carrying value of the Company's equity investments consisted of the following (dollars in thousands): As Restated June 30, 2024 December 31, 2023 Ownership Percentage Carrying Value Ownership Percentage Carrying Value Cost Method Investments MetroNet (1) <10% $ 7,000 <10% $ 7,000 Nextlink — — <20% 77,245 Point Broadband (2) <10% 42,623 <10% 42,623 Visionary (3) <10% 8,822 <10% 8,822 Ziply (4) <10% 50,000 <10% 50,000 Others <10% 14,464 <10% 13,926 Total cost method investments $ 122,909 $ 199,616 Equity Method Investments Clearwave Fiber (5) ~57% (6) $ 229,673 ~58% (6) $ 272,453 Nextlink ~22% 97,245 — — MBI (7) 45% 564,388 45% 565,955 Total equity method investments $ 891,306 $ 838,408 Total equity investments $ 1,014,215 $ 1,038,024 (1) MetroNet Systems, LLC, a fiber internet service provider ("MetroNet"). (2) Point Broadband Holdings, LLC, a fiber internet service provider ("Point Broadband"). (3) Visionary Communications, Inc., an internet service provider ("Visionary"). (4) Northwest Fiber Holdco., LLC, a fiber internet service provider ("Ziply"). (5) A joint venture transaction in which the Company contributed certain fiber operations (including certain fiber assets of Hargray and a majority of the operations of Delta Communications, LLC) and certain unaffiliated third-party investors contributed cash to a newly formed entity, Clearwave Fiber. (6) Represents the Company's percentage ownership of the total outstanding equity units in Clearwave Fiber. The Company's ownership interest in Clearwave Fiber is in the form of common equity units and the ownership interest in Clearwave Fiber of the unaffiliated third-party investors is in the form of convertible preferred equity units. The convertible preferred equity units held by the unaffiliated third-party investors are subject to a specified preferred return in relation to the common equity units held by the Company. As a result of the economic and other attributes of the various classes of equity units in Clearwave Fiber, the Company's percentage ownership of the total outstanding equity units in Clearwave Fiber may differ from its economic interest in Clearwave Fiber. (7) The Company held a call option to purchase all but not less than all of the remaining equity interests in MBI that the Company did not already own between January 1, 2023 and June 30, 2024. The call option expired unexercised on June 30, 2024. Certain investors in MBI hold a put option to sell (and to cause all members of MBI other than the Company to sell) to the Company all but not less than all of the remaining equity interests in MBI that the Company does not already own, which right may be exercised between July 1, 2025 and September 30, 2025. The call and put options (collectively referred to as the “MBI Net Option”) are measured at fair value using Monte Carlo simulations that rely on assumptions around MBI’s equity value, MBI’s and the Company’s equity volatility, MBI’s and the Company’s earnings before interest, taxes, depreciation and amortization (“EBITDA” and as adjusted, “Adjusted EBITDA”) volatility, risk adjusted discount rates and the Company’s cost of debt, among others. The final MBI purchase price allocation resulted in $630.7 million being allocated to the MBI equity investment and $19.7 million and $75.5 million being allocated to the call and put options, respectively. The MBI Net Option is remeasured at fair value on a quarterly basis. The carrying value of the MBI Net Option liability was $152.0 million and $136.4 million as of June 30, 2024 and December 31, 2023, respectively, and was included within other noncurrent liabilities in the condensed consolidated balance sheets. Refer to note 9 for further information on the MBI Net Option. The carrying value of MBI exceeded the Company’s underlying equity in MBI’s net assets by $484.6 million and $487.5 million as of June 30, 2024 and December 31, 2023, respectively. The carrying value of Nextlink exceeded the Company's underlying equity in Nextlink's net assets by $48.7 million as of June 30, 2024. Equity method investment income (losses), which increase (decrease) the carrying value of the respective investment, and are recorded on a one quarter lag, along with certain other operating information, were as follows (in thousands): As Restated Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Equity Method Investment Income (Losses) Clearwave Fiber $ (21,059) $ (28,182) $ (42,780) $ (57,035) MBI (1) (1,252) (836) (1,567) (3,239) Wisper (2) — 353 — 472 Total $ (22,311) $ (28,665) $ (44,347) $ (59,802) Other Income (Expense), Net Mark-to-market adjustments (3) $ 50 $ 252 $ 95 $ 13,085 MBI Net Option change in fair value $ (8,410) $ (6,760) $ (15,610) $ (14,740) (1) The Company identified a $186.6 million difference between the fair values of certain of MBI’s finite-lived intangible assets and the respective carrying values recorded by MBI, of which $84.0 million was attributable to the Company’s 45% pro rata portion. The Company is amortizing its share on an accelerated basis over the lives of the respective assets. For the three months ended June 30, 2024, the Company recognized $0.8 million of its proportionate share of MBI’s net income and $2.1 million of its proportionate share of basis difference amortization. For the three months ended June 30, 2023, the Company recognized $1.7 million of its proportionate share of MBI’s net income and $2.5 million of its proportionate share of basis difference amortization. For the six months ended June 30, 2024, the Company recognized $3.0 million of its proportionate share of MBI's net income and $4.6 million of its proportionate share of basis difference amortization. For the six months ended June 30, 2023, the Company recognized $2.5 million of its proportionate share of MBI's net income and $5.7 million of its proportionate share of basis difference amortization. (2) Wisper ISP, LLC, a wireless internet service provider ("Wisper"). In July 2023, the Company redeemed its equity investment in Wisper. (3) Amount for the six months ended June 30, 2023 included a $12.3 million non-cash mark-to-market gain on the Company's investment in Point Broadband as a result of an observable market transaction in Point Broadband’s equity. The carrying value of the Company’s equity investments without readily determinable fair values are determined based on fair valuations as of their respective acquisition dates. The Company assesses each equity investment for indicators of impairment on a quarterly basis. No impairments were recorded for any of the periods presented.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following (in thousands): June 30, 2024 December 31, 2023 Cable distribution systems $ 2,551,119 $ 2,491,903 Customer premise equipment 411,017 380,820 Other equipment and fixtures 370,658 376,847 Buildings and improvements 141,101 140,063 Capitalized software 71,658 70,928 Construction in progress 161,316 188,774 Land 16,387 13,641 Right-of-use assets 10,684 10,789 Property, plant and equipment, gross 3,733,940 3,673,765 Less: Accumulated depreciation and amortization (1,948,175) (1,882,645) Property, plant and equipment, net $ 1,785,765 $ 1,791,120 The Company classified $0.9 million of property, plant and equipment as held for sale as of December 31, 2023. Such assets are included within other noncurrent assets in the condensed consolidated balance sheet. These assets were sold during the first quarter of 2024 for total proceeds of $2.3 million, resulting in the recognition of a $1.4 million gain on the sale. Depreciation and amortization expense for property, plant and equipment was $68.8 million and $69.1 million for the three months ended June 30, 2024 and 2023, respectively, and $137.9 million and $136.4 million for the six months ended June 30, 2024 and 2023, respectively.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The carrying amount of goodwill was $928.9 million as of both June 30, 2024 and December 31, 2023. The Company has not historically recorded any impairment of goodwill. Intangible assets consisted of the following (dollars in thousands): June 30, 2024 December 31, 2023 Useful Life Range (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Finite-Lived Intangible Assets Customer relationships 13.5 – 17 $ 784,381 $ 327,613 $ 456,768 $ 784,381 $ 295,817 $ 488,564 Trademarks and trade names 2.7 – 4.2 11,846 9,835 2,011 11,846 8,782 3,064 Wireless licenses 10 – 15 4,793 691 4,102 4,169 451 3,718 Total finite-lived intangible assets $ 801,020 $ 338,139 $ 462,881 $ 800,396 $ 305,050 $ 495,346 Indefinite-Lived Intangible Assets Franchise agreements $ 2,100,546 $ 2,100,546 Total intangible assets, net $ 2,563,427 $ 2,595,892 Intangible asset amortization expense was $16.5 million and $18.2 million for the three months ended June 30, 2024 and 2023, respectively, and $33.1 million and $36.3 million for the six months ended June 30, 2024 and 2023, respectively. The future amortization of existing finite-lived intangible assets as of June 30, 2024 was as follows (in thousands): Year Ending December 31, Amount 2024 (remaining six months) $ 33,083 2025 61,177 2026 55,663 2027 51,782 2028 48,183 Thereafter 212,993 Total $ 462,881 Actual amortization expense in future periods may differ from the amounts above as a result of intangible asset acquisitions or divestitures, changes in useful life estimates, impairments or other relevant factors.

DEBT

DEBT	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
DEBT	DEBT The carrying amount of long-term debt consisted of the following (in thousands): June 30, 2024 December 31, 2023 Senior Credit Facilities (as defined below) $ 1,996,226 $ 2,105,348 Senior Notes (as defined below) 650,000 650,000 Convertible Notes (as defined below) 920,000 920,000 Finance lease liabilities 4,644 5,160 Total debt 3,570,870 3,680,508 Less: Unamortized debt discount (9,887) (12,025) Less: Unamortized debt issuance costs (20,635) (22,532) Less: Current portion of long-term debt (18,898) (19,023) Total long-term debt $ 3,521,450 $ 3,626,928 Senior Credit Facilities. Prior to February 22, 2023, the Company had in place the third amended and restated credit agreement among the Company and its lenders, dated as of October 30, 2020 (as amended prior to February 22, 2023, the "Credit Agreement") that provided for senior secured term loans in original aggregate principal amounts of $700.0 million maturing in 2025 (the “Term Loan A-2”), $250.0 million maturing in 2027 (the “Term Loan B-2”), $625.0 million maturing in 2027 (the “Term Loan B-3”) and $800.0 million maturing in 2028 (the "Term Loan B-4"), as well as a $500.0 million revolving credit facility maturing in 2025 (the “Revolving Credit Facility” and, together with the Term Loan A-2, the Term Loan B-2, the Term Loan B-3 and the Term Loan B-4, the “Senior Credit Facilities”). The Revolving Credit Facility also gives the Company the ability to issue letters of credit, which reduce the amount available for borrowing under the Revolving Credit Facility. On February 22, 2023, the Company entered into the fourth amended and restated credit agreement with its lenders to amend and restate the Credit Agreement (as amended and restated, the "New Credit Agreement") to, among other things, (i) increase the aggregate principal amount of commitments under the Revolving Credit Facility by $500.0 million to $1.0 billion; (ii) extend the scheduled maturity of the Revolving Credit Facility from October 2025 to February 2028; (iii) upsize the outstanding principal amount under the Term Loan B-3 by $150.0 million to $757.0 million (the "TLB-3 Upsize"); (iv) extend the scheduled maturities of the Term Loan B-2 and the Term Loan B-3 from October 2027 to October 2029 (subject to adjustment as described in the notes to the table below summarizing the Company's outstanding term loans as of June 30, 2024); (v) increase the fixed spreads on the Term Loan B-2 and the Term Loan B-3 from 2.00% to 2.25%; and (vi) transition the benchmark interest rate for the Revolving Credit Facility, the Term Loan B-2 and the Term Loan B-3 from LIBOR to SOFR plus a 10 basis point credit spread adjustment. Except as described above, the New Credit Agreement did not make any material changes to the principal terms of the Term Loan B-2, the Term Loan B-3, the Term Loan B-4 or the Revolving Credit Facility. Upon the effectiveness of the New Credit Agreement, the Company drew $488.0 million under the Revolving Credit Facility and, together with the net proceeds from the TLB-3 Upsize, repaid all $638.3 million aggregate principal amount of its outstanding Term Loan A-2. In July 2023, the Company transitioned the benchmark interest rate for the Term Loan B-4 from LIBOR to SOFR plus a credit spread adjustment that ranges from approximately 11.4 basis points to 42.8 basis points based on the interest period elected. As of June 30, 2024, the interest margins applicable to the Senior Credit Facilities are, at the Company’s option, equal to either SOFR or a base rate, plus an applicable margin equal to, (i) with respect to the Revolving Credit Facility, 1.25% to 1.75% plus a 10 basis point credit spread adjustment for SOFR loans and 0.25% to 0.75% for base rate loans, determined on a quarterly basis by reference to a pricing grid based on the Company’s Total Net Leverage Ratio (as defined in the New Credit Agreement), (ii) with respect to the Term Loan B-2 and the Term Loan B-3, 2.25% plus a 10 basis point credit spread adjustment for SOFR loans and 1.25% for base rate loans and (iii) with respect to the Term Loan B-4, 2.0% plus an approximately 11.4 to 42.8 basis point credit spread adjustment based on the interest period elected for SOFR loans and 1.0% for base rate loans. The Company repaid $150.0 million of the outstanding Revolving Credit Facility borrowings during 2023. In each of February 2024 and April 2024, the Company repaid $50.0 million of the outstanding Revolving Credit Facility borrowings, reducing the outstanding balance to $238.0 million as of June 30, 2024. Refer to the table below summarizing the Company’s outstanding term loans as of June 30, 2024 and note 11 to the Company’s audited consolidated financial statements included in the 2023 Form 10-K/A for further details on the Senior Credit Facilities. As of June 30, 2024, the Company had approximately $1.76 billion of aggregate outstanding term loans and $238.0 million of borrowings (and $762.0 million available for borrowing) under the Revolving Credit Facility. A summary of the Company’s outstanding term loans as of June 30, 2024 is as follows (dollars in thousands): Instrument Draw Date(s) Original Principal Amortization Per Annum (1) Outstanding Principal Final Scheduled Maturity Date Final Scheduled Principal Payment Benchmark Rate Fixed Margin Interest Rate Term Loan B-2 1/7/2019 $ 250,000 1.0% $ 236,875 10/30/2029 (2) $ 223,750 SOFR + 10.0 bps 2.25% 7.69% Term Loan B-3 6/14/2019 10/30/2020 2/22/2023 325,000 300,000 150,000 1.0% 745,351 10/30/2029 (2) 704,695 SOFR + 10.0 bps 2.25% 7.69% Term Loan B-4 5/3/2021 800,000 1.0% 776,000 5/3/2028 746,000 SOFR + 11.4 bps 2.00% 7.46% Total $ 1,825,000 $ 1,758,226 $ 1,674,445 (1) Payable in equal quarterly installments (expressed as a percentage of the original principal amount and subject to customary adjustments in the event of any prepayment). All loans may be prepaid at any time without penalty or premium (subject to customary SOFR breakage provisions). (2) The final maturity date of the Term Loan B-2 and the Term Loan B-3, in each case, will adjust to May 3, 2028 if greater than $150.0 million aggregate principal amount of the Term Loan B-4 (together with any refinancing indebtedness in respect of the Term Loan B-4 with a final maturity date prior to the date that is 91 days after October 30, 2029) remains outstanding on May 3, 2028. Senior Notes. In November 2020, the Company issued $650.0 million aggregate principal amount of 4.00% senior notes due 2030 (the “Senior Notes”). The Senior Notes bear interest at a rate of 4.00% per annum payable semi-annually in arrears on May 15th and November 15th of each year. The terms of the Senior Notes are governed by an indenture dated as of November 9, 2020 (the “Senior Notes Indenture”), among the Company, the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A. (“BNY”), as trustee. At any time and from time to time prior to November 15, 2025, the Company may redeem some or all of the Senior Notes for cash at a redemption price equal to 100% of their principal amount, plus the “make-whole” premium described in the Senior Notes Indenture and accrued and unpaid interest, if any, to, but excluding, the applicable redemption date. Beginning on November 15, 2025, the Company may redeem some or all of the Senior Notes at any time and from time to time at the applicable redemption prices listed in the Senior Notes Indenture, plus accrued and unpaid interest, if any, to, but excluding, the applicable redemption date. In addition, at any time and from time to time prior to November 15, 2023, the Company may redeem up to 40% of the aggregate principal amount of Senior Notes with funds in an aggregate amount not exceeding the net cash proceeds from one or more equity offerings at a redemption price equal to 104% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the applicable redemption date. Upon the occurrence of a Change of Control and a Below Investment Grade Rating Event (each as defined in the Senior Notes Indenture), the Company is required to offer to repurchase the Senior Notes at 101% of the principal amount of such Senior Notes, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase. Convertible Notes. In March 2021, the Company issued $575.0 million aggregate principal amount of 0.000% convertible senior notes due 2026 (the “2026 Notes”) and $345.0 million aggregate principal amount of 1.125% convertible senior notes due 2028 (the “2028 Notes” and, together with the 2026 Notes, the “Convertible Notes,” and the Convertible Notes collectively with the Senior Notes, the “Notes”). The terms of the 2026 Notes and the 2028 Notes are each governed by a separate indenture dated as of March 5, 2021 (collectively, the “Convertible Notes Indentures” and together with the Senior Notes Indenture, the “Indentures”), in each case, among the Company, the guarantors party thereto and BNY, as trustee. The 2026 Notes do not bear regular interest, and the principal amount of the 2026 Notes does not accrete. The 2028 Notes bear interest at a rate of 1.125% per annum. Interest on the 2028 Notes is payable semiannually in arrears on March 15th and September 15th of each year, unless earlier repurchased, converted or redeemed. The 2026 Notes are scheduled to mature on March 15, 2026, and the 2028 Notes are scheduled to mature on March 15, 2028. The initial conversion rate for each of the 2026 Notes and the 2028 Notes is 0.4394 shares of the Company’s common stock per $1,000 principal amount of 2026 Notes and 2028 Notes, as applicable (equivalent to an initial conversion price of $2,275.83 per share of common stock). The Convertible Notes are convertible at the option of the holders. The method of conversion into cash, shares of the Company’s common stock or a combination thereof is at the election of the Company. Prior to the close of business on the business day immediately preceding December 15, 2025, the 2026 Notes will be convertible at the option of the holders only upon the satisfaction of specified conditions and during certain periods. On or after December 15, 2025, holders may convert their 2026 Notes at any time prior to the close of business on the second scheduled trading day immediately preceding the relevant maturity date. Prior to the close of business on the business day immediately preceding December 15, 2027, the 2028 Notes will be convertible at the option of the holders only upon the satisfaction of specified conditions and during certain periods. On or after December 15, 2027, holders may convert their 2028 Notes at any time prior to the close of business on the second scheduled trading day immediately preceding the relevant maturity date. If the Company undergoes a “fundamental change” (as defined in the applicable Convertible Notes Indenture), holders of the applicable series of Convertible Notes may require the Company to repurchase for cash all or part of their Convertible Notes of such series at a purchase price equal to 100% of the principal amount of the Convertible Notes of such series to be repurchased, plus accrued and unpaid interest to, but not including, the fundamental change repurchase date. The Company may not redeem the 2026 Notes prior to March 20, 2024 and it may not redeem the 2028 Notes prior to March 20, 2025. No “sinking fund” is provided for the Convertible Notes. On or after March 20, 2024 and prior to December 15, 2025, the Company may redeem for cash all or any portion of the 2026 Notes, at its option, and on or after March 20, 2025 and prior to December 15, 2027, the Company may redeem for cash all or any portion of the 2028 Notes, at its option, in each case, if the last reported sale price per share of common stock has been at least 130% of the conversion price for such series of Convertible Notes then in effect for at least 20 trading days (whether or not consecutive), including the trading day immediately preceding the date on which the Company provides notice of redemption, during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount of the Convertible Notes of such series to be redeemed, plus accrued and unpaid interest to, but not including, the redemption date. In addition, following a “make-whole fundamental change” (as defined in the applicable Convertible Notes Indenture) or if the Company delivers a notice of redemption in respect of any Convertible Notes of a series, in certain circumstances, the conversion rate applicable to such series of Convertible Notes will be increased for a holder who elects to convert any of such Convertible Notes in connection with such a make-whole fundamental change or convert any of such Convertible Notes called (or deemed called) for redemption during the related redemption period, as the case may be. The carrying amounts of the Convertible Notes consisted of the following (in thousands): June 30, 2024 December 31, 2023 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total Gross carrying amount $ 575,000 $ 345,000 $ 920,000 $ 575,000 $ 345,000 $ 920,000 Less: Unamortized discount (5,114) (4,773) (9,887) (6,610) (5,415) (12,025) Less: Unamortized debt issuance costs (140) (135) (275) (180) (153) (333) Net carrying amount $ 569,746 $ 340,092 $ 909,838 $ 568,210 $ 339,432 $ 907,642 Interest expense on the Convertible Notes consisted of the following (dollars in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total Contractual interest expense $ — $ 970 $ 970 $ — $ 970 $ 970 $ — $ 1,941 $ 1,941 $ — $ 1,941 $ 1,941 Amortization of discount 748 321 1,069 748 321 1,069 1,496 642 2,138 1,489 638 2,127 Amortization of debt issuance costs 20 9 29 20 9 29 40 18 58 40 18 58 Total interest expense $ 768 $ 1,300 $ 2,068 $ 768 $ 1,300 $ 2,068 $ 1,536 $ 2,601 $ 4,137 $ 1,529 $ 2,597 $ 4,126 Effective interest rate 0.5 % 1.5 % 0.5 % 1.5 % 0.5 % 1.5 % 0.5 % 1.5 % General. The Notes are senior unsecured obligations of the Company and are guaranteed by the Company’s wholly owned domestic subsidiaries that guarantee the Senior Credit Facilities or that guarantee certain capital market debt of the Company in an aggregate principal amount in excess of $250.0 million. Each Indenture contains covenants that, among other things and subject to certain exceptions, limit (i) the Company’s ability to consolidate or merge with or into another person or sell or otherwise dispose of all or substantially all of the assets of the Company and its subsidiaries (taken as a whole) and (ii) the ability of the guarantors to consolidate with or merge with or into another person. The Senior Notes Indenture also contains a covenant that, subject to certain exceptions, limits the Company’s ability and the ability of its subsidiaries to incur any liens securing indebtedness for borrowed money. Each Indenture provides for customary events of default which include (subject in certain cases to customary grace and cure periods), among others, default in payment of principal or interest, breach of other agreements or covenants in respect of the relevant Notes by the Company or any guarantors, failure to pay certain other indebtedness at final maturity, acceleration of certain indebtedness prior to final maturity, failure to pay certain final judgments, failure of certain guarantees to be enforceable and certain events of bankruptcy, insolvency or reorganization; and, in the case of each Convertible Notes Indenture, failure to comply with the Company’s obligation to convert the relevant Convertible Notes under the applicable Convertible Notes Indenture and failure to give a fundamental change notice or a notice of a make-whole fundamental change under the applicable Convertible Notes Indenture. Unamortized debt issuance costs consisted of the following (in thousands): June 30, 2024 December 31, 2023 Revolving Credit Facility portion: Other noncurrent assets $ 2,815 $ 3,087 Term loans and Notes portion: Long-term debt (contra account) 20,635 22,532 Total $ 23,450 $ 25,619 The Company recorded debt issuance cost amortization of $1.1 million and $1.2 million for the three months ended June 30, 2024 and 2023, respectively, and $2.2 million and $2.5 million for the six months ended June 30, 2024 and 2023, respectively, within interest expense in the condensed consolidated statements of operations and comprehensive income. The Company capitalized $7.8 million and wrote-off $3.3 million of debt issuance costs during the six months ended June 30, 2023 in connection with the entry into the New Credit Agreement. The future maturities of outstanding borrowings as of June 30, 2024 were as follows (in thousands): Year Ending December 31, Amount 2024 (remaining six months) $ 9,122 2025 18,244 2026 593,244 2027 18,244 2028 1,341,244 Thereafter 1,586,128 Total $ 3,566,226 The Company has entered into a letter of credit agreement with MUFG Bank, Ltd. ("MUFG") which provides fo r an additional $75.0 million letter of credit issuing capacity. As of June 30, 2024, $10.6 million of letters of credit issuances were held for the benefit of performance obligations under government grant programs and certain general and liability insurance matters and bore interest at a rate of 1.00% per annum. The Company was in compliance with all debt covenants as of June 30, 2024.

INTEREST RATE SWAPS

INTEREST RATE SWAPS	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
INTEREST RATE SWAPS	INTEREST RATE SWAPS The Company is party to two interest rate swap agreements, designated as cash flow hedges, to manage the risk of fluctuations in interest rates on its variable rate SOFR debt. Changes in the fair values of the interest rate swaps are reported through other comprehensive income until the underlying hedged debt’s interest expense impacts net income, at which point the corresponding change in fair value is reclassified from accumulated other comprehensive income to interest expense. A summary of the significant terms of the Company’s interest rate swap agreements is as follows (dollars in thousands): Entry Date Effective Date Maturity Date (1) Notional Amount Settlement Type Settlement Frequency Fixed Base Rate Swap A (2) 3/7/2019 3/11/2019 3/11/2029 $ 850,000 Receive one-month SOFR, pay fixed Monthly 2.595% Swap B (3) 3/6/2019 6/15/2020 2/28/2029 350,000 Receive one-month SOFR, pay fixed Monthly 2.691% Total $ 1,200,000 (1) Each swap may be terminated prior to the scheduled maturity at the election of the Company or the financial institution counterparty under the terms provided in each swap agreement. (2) Swap A was amended effective February 28, 2023 to transition the reference rate from LIBOR to SOFR, resulting in the fixed base rate changing from 2.653% to 2.595%. (3) Swap B was amended effective March 1, 2023 to transition the reference rate from LIBOR to SOFR, resulting in the fixed base rate changing from 2.739% to 2.691%. The combined fair values of the Company’s interest rate swaps are reflected within the condensed consolidated balance sheets as follows (in thousands): June 30, 2024 December 31, 2023 Assets: Current portion: Prepaid and other current assets $ 27,442 $ 24,511 Noncurrent portion: Other noncurrent assets 44,628 24,453 Total interest rate swap asset $ 72,070 $ 48,964 Stockholders’ Equity: Accumulated other comprehensive income $ 54,517 $ 36,936 The combined effect of the Company’s interest rate swaps on the condensed consolidated statements of operations and comprehensive income was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Interest (income) expense $ (8,195) $ (7,169) $ (16,438) $ (12,814) Unrealized gain (loss) on cash flow hedges, gross $ (953) $ 28,616 $ 72,070 $ 71,346 Less: Tax effect 260 (6,904) (17,553) (17,355) Unrealized gain (loss) on cash flow hedges, net of tax $ (693) $ 21,712 $ 54,517 $ 53,991 The Company does not hold any derivative instruments for speculative trading purposes.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Financial Assets and Liabilities. The Company has estimated the fair values of its financial instruments as of June 30, 2024 using available market information or other appropriate valuation methodologies. Considerable judgment is required in interpreting market data to develop the estimates of fair value. Accordingly, the following fair value estimates are not necessarily indicative of the amounts the Company would realize in an actual market exchange. The carrying amounts, fair values and related fair value hierarchy levels of the Company’s financial assets and liabilities as of June 30, 2024 were as follows (in thousands): June 30, 2024 Carrying Amount Fair Value Fair Value Hierarchy Assets: Cash and cash equivalents: Money market investments $ 129,704 $ 129,704 Level 1 Other noncurrent assets (including current portion): Interest rate swap asset $ 72,070 $ 72,070 Level 2 Liabilities: Long-term debt (including current portion): Term loans $ 1,758,226 $ 1,736,008 Level 2 Revolving Credit Facility $ 238,000 $ 232,050 Level 2 Senior Notes $ 650,000 $ 482,885 Level 2 Convertible Notes $ 920,000 $ 765,325 Level 2 Other noncurrent liabilities: MBI Net Option $ 151,970 $ 151,970 Level 3 Money market investments are held primarily in U.S. Treasury securities and registered money market funds and are valued using a market approach based on quoted market prices (level 1). Money market investments with original maturities of three months or less are included within cash and cash equivalents in the condensed consolidated balance sheets. Interest rate swaps are measured at fair value within the condensed consolidated balance sheets on a recurring basis, with fair value determined using standard valuation models with assumptions about interest rates being based on those observed in underlying markets (level 2). The fair value of the term loans, Revolving Credit Facility, Senior Notes and Convertible Notes are estimated based on market prices for similar instruments in active markets (level 2). The fair value of the MBI Net Option is measured using Monte Carlo simulations that use inputs considered unobservable and significant to the fair value measurement (level 3). The assumptions used to determine the fair value of the MBI Net Option consisted of the following: June 30, 2024 December 31, 2023 Cable One MBI Cable One MBI Equity volatility 38.0 % 26.0 % 40.0 % 30.0 % EBITDA volatility 10.0 % 10.0 % 10.0 % 10.0 % EBITDA risk-adjusted discount rate 8.5 % 8.5 % 7.5 % 8.5 % Cost of debt 10.5 % 8.5 % The Company regularly evaluates each of the assumptions used in establishing the fair value of the MBI Net Option. Significant changes in any of these assumptions could result in a significantly lower or higher fair value measurement. A change in one of these assumptions is not necessarily accompanied by a change in another assumption. Refer to note 4 for further information on the MBI Net Option. The carrying amounts of accounts receivable, accounts payable and other financial assets and liabilities approximate fair value because of the short-term nature of these instruments. Nonfinancial Assets and Liabilities. The Company’s nonfinancial assets, such as property, plant and equipment, intangible assets and goodwill, are not measured at fair value on a recurring basis. Assets acquired, including identifiable intangible assets and goodwill, and liabilities assumed in acquisitions are recorded at fair value on the respective acquisition dates, subject to potential future measurement period adjustments. Nonfinancial assets are subject to fair value adjustments when there is evidence that impairment may exist. No impairments were recorded during the six months ended June 30, 2024 or 2023.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY	STOCKHOLDERS ’ EQUITY Treasury Stock. Treasury stock is recorded at cost and is presented as a reduction of stockholders’ equity in the condensed consolidated financial statements. Treasury shares of 556,199 held at June 30, 2024 include shares repurchased under the Company’s share repurchase programs and shares withheld for withholding tax, as described below. Share Repurchase Program. On May 20, 2022, the Company's board of directors (the "Board") authorized up to $450.0 million of share repurchases (with no cap as to the number of shares of common stock) (the "Share Repurchase Program"). The Company had $143.1 million of remaining share repurchase authorization under the Share Repurchase Program as of June 30, 2024. Additional purchases under the Share Repurchase Program may be made from time to time on the open market and in privately negotiated transactions. The size and timing of these purchases are based on a number of factors, including share price and business and market conditions. Since the Company first became publicly traded in 2015 through June 30, 2024, the Company has repurchased 646,244 shares of its common stock at an aggregate cost of $556.9 million. The Company did not repurchase any of its common stock during the six months ended June 30, 2024. Tax Withholding for Equity Awards. At the employee’s option, shares of common stock are withheld by the Company upon the vesting of restricted stock and exercise of stock appreciation rights (“SARs”) to cover the applicable statutory minimum amount of employee withholding taxes, which the Company then pays to the taxing authorities in cash. The amounts remitted during both the three months ended June 30, 2024 and 2023 were $0.1 million, for which the Company withheld 76 and 170 shares of common stock, respectively. The amounts remitted during the six months ended June 30, 2024 and 2023 were $2.7 million and $2.3 million, for which the Company withheld 2,404 and 3,302 shares of common stock, respectively.

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
EQUITY-BASED COMPENSATION	EQUITY-BASED COMPENSATION Our stockholders approved the Cable One, Inc. 2022 Omnibus Incentive Compensation Plan (the “2022 Plan”) at the annual meeting of stockholders held May 20, 2022. The 2022 Plan provides for grants of incentive stock options, non-qualified stock options, restricted stock awards, SARs, restricted stock units (“RSUs”), performance restricted stock units ("PRSUs"), cash-based awards, performance-based awards, dividend equivalent units (“DEUs” and, together with restricted stock awards, RSUs and PRSUs, “Restricted Stock”) and other stock-based awards, including deferred stock units and superseded and replaced the Amended and Restated Cable One, Inc. 2015 Omnibus Incentive Compensation Plan. Directors, officers, employees and consultants of the Company are eligible for grants under the 2022 Plan as part of the Company’s long-term incentive compensation programs. At June 30, 2024, 347,715 shares were available for issuance under the 2022 Plan. Compensation expense associated with equity-based awards is recognized on a straight-line basis over the requisite service period, which is generally the vesting period of the award, with forfeitures recognized as incurred. The Company’s equity-based compensation expense, included within selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive income, was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Restricted Stock $ 6,866 $ 5,598 $ 14,169 $ 10,808 SARs 245 401 407 776 Total $ 7,111 $ 5,999 $ 14,576 $ 11,584 The Company recognized excess tax shortfalls of $0.2 million and $0.4 million during the three months ended June 30, 2024 and 2023, respectively, and excess tax shortfalls of $1.7 million and $1.6 million during the six months ended June 30, 2024 and 2023, respectively. The deferred tax asset related to all outstanding equity-based awards was $6.2 million and $7.4 million as of June 30, 2024 and December 31, 2023, respectively. Restricted Stock. A summary of Restricted Stock activity during the six months ended June 30, 2024 is as follows: Restricted Stock Weighted Average Grant Date Fair Value Per Share Outstanding as of December 31, 2023 91,432 $ 952.33 Granted 94,617 $ 568.87 Forfeited (20,541) $ 717.76 Vested and issued (15,997) $ 1,338.99 Outstanding as of June 30, 2024 149,511 $ 700.51 Vested and deferred as of June 30, 2024 7,628 $ 812.70 At June 30, 2024, there was $46.2 million of unrecognized compensation expense related to Restricted Stock, which is expected to be recognized over a weighted average period of 1.8 years. The significant inputs and resulting weighted average grant date fair value for market-based award grants were as follows: 2024 2023 Risk-free interest rate 4.0 % 4.1 % Expected volatility 35.4 % 39.1 % Simulation term 2.99 years 2.99 years Weighted average grant date fair value $ 603.73 $ 774.30 Stock Appreciation Rights. A summary of SARs activity during the six months ended June 30, 2024 is as follows: Stock Appreciation Rights Weighted Average Exercise Price Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (in thousands) Weighted Average Remaining Contractual Term (in years) Outstanding as of December 31, 2023 35,491 $ 1,093.30 $ 269.69 $ — 5.1 Forfeited (730) $ 1,757.31 $ 439.68 Expired (1,000) $ 1,540.92 $ 373.12 Outstanding as of June 30, 2024 33,761 $ 1,065.69 $ 262.96 $ — 4.5 Exercisable as of June 30, 2024 31,011 $ 995.47 $ 242.27 $ — 4.3 At June 30, 2024, there was $0.6 million of unrecognized compensation expense related to SARs, which is expected to be recognized over a weighted average period of 0.5 years.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES (AS RESTATED) The Company’s effective tax rate was 18.9% and 18.7% for the three months ended June 30, 2024 and 2023, respectively, and 20.9% and 19.0% for the six months ended June 30, 2024 and 2023, respectively. The increase in the effective tax rate for the three months ended June 30, 2024 compared to the prior year period was due primarily to a decrease in income tax benefits of $1.8 million resulting from lower equity method investment net losses in the current quarter, partially offset by income tax benefits of $0.6 million resulting from a decrease in state income tax rates enacted during the current quarter. The increase in the effective tax rate for the six months ended June 30, 2024 compared to the prior year period was due primarily to a decrease in income tax benefits of $4.2 million resulting from lower equity method investment net losses in the current period.

OTHER INCOME AND EXPENSE

OTHER INCOME AND EXPENSE	6 Months Ended
	Jun. 30, 2024
Other Income and Expenses [Abstract]
OTHER INCOME AND EXPENSE	OTHER INCOME AND EXPENSE The reclassification of interest and investment income from other income to interest expense, net, in the condensed consolidated statement of operations and comprehensive income has been reflected in prior period amounts to conform to the current year presentation. Other income (expense) consisted of the following (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 MBI Net Option fair value adjustment $ (8,410) $ (6,760) $ (15,610) $ (14,740) Write-off of debt issuance costs — — — (3,340) C-band spectrum relocation funding (1) 7,669 — 7,669 — Mark-to-market adjustments and other (2) 100 167 185 12,840 Other income (expense), net $ (641) $ (6,593) $ (7,756) $ (5,240) (1) Represents the gain related to C-band spectrum relocation funding received from the federal government. (2) Amount for the six months ended June 30, 2023 includes a $12.3 million non-cash mark-to-market gain on the Company's investment in Point Broadband as a result of an observable market transaction in Point Broadband’s equity.

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
NET INCOME PER COMMON SHARE	NET INCOME PER COMMON SHARE (AS RESTATED) Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding during the period. The denominator used in calculating diluted net income per common share further includes any common shares available to be issued upon vesting or exercise of outstanding equity-based compensation awards if such inclusion would be dilutive, calculated using the treasury stock method, and any common shares to be issued upon conversion of the Convertible Notes, calculated using the if-converted method. The computation of basic and diluted net income per common share was as follows (dollars in thousands, except per share amounts): As Restated Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Numerator: Net income - basic $ 38,152 $ 44,234 $ 75,502 $ 90,831 Add: Convertible Notes interest expense, net of tax 1,551 1,551 3,103 3,095 Net income - diluted $ 39,703 $ 45,785 $ 78,605 $ 93,926 Denominator: Weighted average common shares outstanding - basic 5,620,592 5,660,751 5,619,669 5,689,588 Effect of dilutive equity-based compensation awards (1) 4,542 5,997 4,006 5,799 Effect of dilution from if-converted Convertible Notes (2) 404,248 404,248 404,248 404,248 Weighted average common shares outstanding - diluted 6,029,382 6,070,996 6,027,923 6,099,635 Net Income per Common Share: Basic $ 6.79 $ 7.81 $ 13.44 $ 15.96 Diluted $ 6.58 $ 7.54 $ 13.04 $ 15.40 Supplemental Net Income per Common Share Disclosure: Anti-dilutive shares from equity-based compensation awards (1) 82,363 40,162 82,363 40,162 (1) Equity-based compensation awards whose impact is considered to be anti-dilutive under the treasury stock method were excluded from the diluted net income per common share calculation. (2) Based on a conversion rate of 0.4394 shares of common stock per weighted $1,000 principal amount of Convertible Notes outstanding during all periods presented.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Contractual Obligations. The Company has obligations to make future payments for goods and services under certain contractual arrangements. These contractual obligations secure the future rights to various goods and services to be used in the normal course of the Company’s operations. In accordance with applicable accounting rules, the future rights and obligations pertaining to firm commitments, such as certain purchase obligations under contracts, are not reflected as assets or liabilities in the condensed consolidated balance sheets. As of June 30, 2024, with the exception of debt payments (refer to note 7 for the updated future maturities of outstanding borrowings table), there have been no material changes to the contractual obligations previously disclosed in the 2023 Form 10-K/A. In addition, the Company incurs recurring utility pole rental costs and fees imposed by various governmental authorities, including franchise fees, as part of its operations. However, these costs are not included in the Company’s contractual obligations as they are cancellable on short notice, in the case of pole rental costs, or are passed through on a monthly basis to the Company’s customers and are periodically remitted to authorities, in the case of fees imposed by governmental authorities. The Company also has franchise agreements requiring plant construction and the provision of services to customers within the franchise areas. In connection with these obligations under existing franchise agreements, the Company obtains surety bonds or letters of credit guaranteeing performance to municipalities and public utilities and payment of insurance premiums. Payments under these arrangements are required only in the remote event of nonperformance. Litigation and Legal Matters. The Company is subject to complaints and administrative proceedings and has been a defendant in various civil lawsuits that have arisen in the ordinary course of its business. Such matters include contract disputes; actions alleging negligence, invasion of privacy, trademark, copyright and patent infringement, and violations of applicable wage and hour laws; statutory or common law claims involving current and former employees; and other matters. Although the outcomes of any legal claims and proceedings against the Company cannot be predicted with certainty, based on currently available information, the Company believes that there are no existing claims or proceedings that are likely to have a material adverse effect on its business, financial condition, results of operations or cash flows. Regulation in the Company ’ s Industry. The Company’s operations are extensively regulated by the Federal Communications Commission (the "FCC"), some state governments and most local governments. The FCC has the authority to enforce its regulations through the imposition of substantial fines, the issuance of cease-and-desist orders and/or the imposition of other administrative sanctions, such as the revocation of FCC licenses needed to operate certain transmission facilities used in connection with cable operations. Future legislative and regulatory changes could adversely affect the Company’s operations. Equity Investments. The Company has certain obligations with respect to certain of its equity investments. Refer to note 4 for further information.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net income	$ 38,152	$ 44,234	$ 75,502	$ 90,831

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

DESCRIPTION OF BUSINESS AND B_2

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. The condensed consolidated financial statements and accompanying notes thereto have been prepared in accordance with: (i) generally accepted accounting principles in the United States (“GAAP”) for interim financial information; and (ii) the guidance of Rule 10-01 of Regulation S-X under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), for financial statements required to be filed with the SEC. As permitted under such guidance, certain notes and other financial information normally required by GAAP have been omitted. Management believes the condensed consolidated financial statements reflect all normal and recurring adjustments necessary for a fair statement of the Company’s financial position, results of operations and cash flows as of and for the periods presented herein. These condensed consolidated financial statements are unaudited and should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the 2023 Form 10-K/A. The December 31, 2023 year-end balance sheet data presented herein was derived from the Company’s audited consolidated financial statements included in the 2023 Form 10-K/A, but does not include all disclosures required by GAAP. The Company’s interim results of operations may not be indicative of its future results.
Reclassification	Certain reclassifications have been made to prior period amounts to conform to the current year presentation. Refer to note 13 for further details.
Principles of Consolidation	Principles of Consolidation. The accompanying condensed consolidated financial statements include the accounts of the Company, including its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Segment Reporting	Segment Reporting. Accounting Standards Codification 280 - Segment Reporting requires the disclosure of factors used to identify an entity’s reportable segments. Based on the Company’s chief operating decision maker’s review and assessment of the Company’s operating performance for purposes of performance monitoring and resource allocation, the Company determined that its operations, including the decisions to allocate resources and deploy capital, are organized and managed on a consolidated basis. Accordingly, management has identified one operating segment, which is its reportable segment, under this organizational and reporting structure.
Use of Estimates	Use of Estimates. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported herein. Management bases its estimates and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in those estimates and underlying assumptions.
Recently Issued But Not Yet Adopted Accounting Pronouncements	Recently Issued But Not Yet Adopted Accounting Pronouncements. In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires additional disclosures around tax rate reconciliations, income taxes payments and other tax-related information. The ASU is effective for annual periods beginning after December 15, 2024 and can be applied on either a prospective or retrospective basis. The Company plans to adopt ASU 2023-09 in the first quarter of 2025 on a prospective basis and expects the adoption of the updated guidance to result in the additional disaggregation of certain tax information within the Company's income tax footnote disclosure. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting . The ASU requires additional disclosures regarding a reportable segment's financial information in which the reportable segment is regularly provided to the chief operating decision marker. The ASU is effective for annual periods beginning after December 15, 2023, and interim periods within annual periods beginning after December 15, 2024. The Company plans to adopt ASU 2023-07 in the first quarter of 2025 on a retrospective basis and expects the adoption of the updated guidance to result in additional segment-related footnote disclosures within the notes to the consolidated financial statements.
Restatement Policy	Restatement.

DESCRIPTION OF BUSINESS AND B_3

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Tables)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	The impact of the correction of the error on the condensed consolidated financial statements as of and for the three and six months ended June 30, 2024 and 2023 is as follows: Condensed Consolidated Balance Sheets As of June 30, 2024 (dollars in thousands) As Reported Adjustment As Restated Equity investments $ 1,128,363 $ (114,148) $ 1,014,215 Total assets $ 6,827,641 $ (114,148) $ 6,713,493 Deferred income taxes $ 972,144 $ (30,784) $ 941,360 Total liabilities $ 4,864,017 $ (30,784) $ 4,833,233 Retained earnings $ 1,886,596 $ (83,364) $ 1,803,232 Total stockholders' equity $ 1,963,624 $ (83,364) $ 1,880,260 Total liabilities and stockholders' equity $ 6,827,641 $ (114,148) $ 6,713,493 As of June 30, 2023 (dollars in thousands) As Reported Adjustment As Restated Equity investments $ 1,192,861 $ (57,516) $ 1,135,345 Total assets $ 6,882,741 $ (57,516) $ 6,825,225 Deferred income taxes $ 972,812 $ (14,614) $ 958,198 Total liabilities $ 5,115,001 $ (14,614) $ 5,100,387 Retained earnings $ 1,704,241 $ (42,902) $ 1,661,339 Total stockholders' equity $ 1,767,740 $ (42,902) $ 1,724,838 Total liabilities and stockholders' equity $ 6,882,741 $ (57,516) $ 6,825,225 Condensed Consolidated Statements of Operations and Comprehensive Income Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 (dollars in thousands, except per share data) As Reported Adjustment As Restated As Reported Adjustment As Restated Income tax provision $ 17,774 $ (3,705) $ 14,069 $ 38,882 $ (7,236) $ 31,646 Income before equity method investment income (loss), net $ 56,758 $ 3,705 $ 60,463 $ 112,613 $ 7,236 $ 119,849 Equity method investment income (loss), net $ (9,109) $ (13,202) $ (22,311) $ (17,622) $ (26,725) $ (44,347) Net income $ 47,649 $ (9,497) $ 38,152 $ 94,991 $ (19,489) $ 75,502 Comprehensive income $ 46,956 $ (9,497) $ 37,459 $ 112,572 $ (19,489) $ 93,083 Net Income per Common Share: Basic $ 8.48 $ (1.69) $ 6.79 $ 16.90 $ (3.46) $ 13.44 Diluted $ 8.16 $ (1.58) $ 6.58 $ 16.27 $ (3.23) $ 13.04 Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 (dollars in thousands, except per share data) As Reported Adjustment As Restated As Reported Adjustment As Restated Income tax provision $ 20,949 $ (4,138) $ 16,811 $ 43,244 $ (7,932) $ 35,312 Income before equity method investment income (loss), net $ 68,761 $ 4,138 $ 72,899 $ 142,701 $ 7,932 $ 150,633 Equity method investment income (loss), net $ (13,515) $ (15,150) $ (28,665) $ (30,029) $ (29,773) $ (59,802) Net income $ 55,246 $ (11,012) $ 44,234 $ 112,672 $ (21,841) $ 90,831 Comprehensive income $ 76,957 $ (11,012) $ 65,945 $ 116,441 $ (21,841) $ 94,600 Net Income per Common Share: Basic $ 9.76 $ (1.95) $ 7.81 $ 19.80 $ (3.84) $ 15.96 Diluted $ 9.36 $ (1.82) $ 7.54 $ 18.98 $ (3.58) $ 15.40 Condensed Consolidated Statements of Stockholders' Equity: As of and For the Three Months Ended As of and For the Six Months Ended (dollars in thousands) As Reported Adjustment As Restated As Reported Adjustment As Restated Net income $ 47,649 $ (9,497) $ 38,152 $ 94,991 $ (19,489) $ 75,502 Retained earnings $ 1,886,596 $ (83,364) $ 1,803,232 $ 1,886,596 $ (83,364) $ 1,803,232 Total stockholders' equity $ 1,963,624 $ (83,364) $ 1,880,260 $ 1,963,624 $ (83,364) $ 1,880,260 As of and For the Three Months Ended As of and For the Six Months Ended (dollars in thousands) As Reported Adjustment As Restated As Reported Adjustment As Restated Net income $ 55,246 $ (11,012) $ 44,234 $ 112,672 $ (21,841) $ 90,831 Retained earnings $ 1,704,241 $ (42,902) $ 1,661,339 $ 1,704,241 $ (42,902) $ 1,661,339 Total stockholders' equity $ 1,767,740 $ (42,902) $ 1,724,838 $ 1,767,740 $ (42,902) $ 1,724,838 Condensed Consolidated Statements of Cash Flows: Six Months Ended June 30, 2024 (dollars in thousands) As Reported Adjustment As Restated Net income $ 94,991 $ (19,489) $ 75,502 Change in deferred income taxes $ (7,848) $ (7,236) $ (15,084) Equity method investment (income) loss, net $ 17,622 $ 26,725 $ 44,347 Net cash provided by operating activities $ 320,298 $ — $ 320,298 Six Months Ended June 30, 2023 (dollars in thousands) As Reported Adjustment As Restated Net income $ 112,672 $ (21,841) $ 90,831 Change in deferred income taxes $ 4,497 $ (7,932) $ (3,435) Equity method investment (income) loss, net $ 30,029 $ 29,773 $ 59,802 Net cash provided by operating activities $ 331,351 $ — $ 331,351

REVENUES (Tables)

REVENUES (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Revenues by Product Line and Other Revenue	Revenues by product line and other revenue-related disclosures were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Residential: Data $ 230,404 $ 246,840 $ 466,223 $ 489,537 Video 57,178 66,137 117,536 136,423 Voice 8,203 9,507 16,763 19,254 Business: Data 56,687 55,792 113,328 110,399 Other 18,663 21,020 37,849 42,674 Other 23,326 24,728 47,075 47,631 Total revenues $ 394,461 $ 424,024 $ 798,774 $ 845,918 Franchise and other regulatory fees $ 6,150 $ 6,859 $ 12,541 $ 13,959 Deferred commission amortization $ 1,538 $ 1,454 $ 3,033 $ 2,758

OPERATING ASSETS AND LIABILIT_2

OPERATING ASSETS AND LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable consisted of the following (in thousands): June 30, 2024 December 31, 2023 Trade receivables $ 51,181 $ 72,076 Other receivables (1) 17,594 26,006 Less: Allowance for credit losses (2,724) (4,109) Total accounts receivable, net $ 66,051 $ 93,973 (1) Balances include amounts due from Clearwave Fiber for services provided under a transition services agreement of $2.4 million and $3.7 million as of June 30, 2024 and December 31, 2023, respectively. The balances also include $7.5 million and $11.4 million of receivables from the federal government under the Secure and Trusted Communications Networks Reimbursement Program as of June 30, 2024 and December 31, 2023, respectively.
Schedule of Allowance for Doubtful Accounts	The changes in the allowance for credit losses were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Beginning balance $ 4,442 $ 3,725 $ 4,109 $ 3,191 Additions - charged to costs and expenses 1,402 1,731 4,054 4,222 Deductions - write-offs (4,240) (2,929) (8,003) (6,379) Recoveries collected 1,120 1,131 2,564 2,624 Ending balance $ 2,724 $ 3,658 $ 2,724 $ 3,658
Schedule of Prepaid and Other Current Assets	Prepaid and other current assets consisted of the following (in thousands): June 30, 2024 December 31, 2023 Prepaid repairs and maintenance $ 9,698 $ 2,596 Software implementation costs 2,617 1,812 Prepaid insurance 189 3,507 Prepaid rent 2,252 2,227 Prepaid software 10,775 9,762 Deferred commissions 5,969 5,371 Interest rate swap asset 27,442 24,511 Prepaid income tax payments 8,910 5,470 All other current assets 3,325 2,860 Total prepaid and other current assets $ 71,177 $ 58,116
Schedule of Other Assets, Noncurrent	Other noncurrent assets consisted of the following (in thousands): June 30, 2024 December 31, 2023 Operating lease right-of-use assets $ 9,005 $ 10,650 Deferred commissions 10,487 9,793 Software implementation costs 8,502 7,115 Debt issuance costs 2,815 3,087 Debt investment 2,294 2,228 Assets held for sale — 889 Interest rate swap asset 44,628 24,453 All other noncurrent assets 4,662 4,934 Total other noncurrent assets $ 82,393 $ 63,149
Schedule of Accounts Payable and Accrued Liabilities	Accounts payable and accrued liabilities consisted of the following (in thousands): June 30, 2024 December 31, 2023 Accounts payable $ 33,168 $ 45,025 Accrued programming costs 16,938 18,453 Accrued compensation and related benefits 24,694 20,149 Accrued sales and other operating taxes 16,919 14,518 Accrued franchise fees 2,718 2,952 Deposits 6,052 5,954 Operating lease liabilities 3,036 3,391 Accrued insurance costs 5,154 5,167 Cash overdrafts 6,594 12,058 Interest payable 6,354 6,340 Income taxes payable — 2,579 All other accrued liabilities 20,670 20,059 Total accounts payable and accrued liabilities $ 142,297 $ 156,645
Schedule of Other Noncurrent Liabilities	Other noncurrent liabilities consisted of the following (in thousands): June 30, 2024 December 31, 2023 Operating lease liabilities $ 5,542 $ 6,768 Accrued compensation and related benefits 8,362 8,847 Deferred revenue 13,788 15,066 MBI Net Option (as defined in note 4) (1) 151,970 136,360 All other noncurrent liabilities 3,296 2,515 Total other noncurrent liabilities $ 182,958 $ 169,556 (1) Represents the net value of the call and put options associated with the remaining equity interests in MBI (as defined in note 4), consisting of a $152.0 million put option liability as of June 30, 2024 and call and put liabilities of $15.2 million and $121.2 million, respectively, as of December 31, 2023. Refer to notes 4 and 9 for further information on the MBI Net Option (as defined in note 4).

EQUITY INVESTMENTS (Tables)

EQUITY INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, All Other Investments [Abstract]
Schedule of Carrying Value of the Company's Equity Investments	The carrying value of the Company's equity investments consisted of the following (dollars in thousands): As Restated June 30, 2024 December 31, 2023 Ownership Percentage Carrying Value Ownership Percentage Carrying Value Cost Method Investments MetroNet (1) <10% $ 7,000 <10% $ 7,000 Nextlink — — <20% 77,245 Point Broadband (2) <10% 42,623 <10% 42,623 Visionary (3) <10% 8,822 <10% 8,822 Ziply (4) <10% 50,000 <10% 50,000 Others <10% 14,464 <10% 13,926 Total cost method investments $ 122,909 $ 199,616 Equity Method Investments Clearwave Fiber (5) ~57% (6) $ 229,673 ~58% (6) $ 272,453 Nextlink ~22% 97,245 — — MBI (7) 45% 564,388 45% 565,955 Total equity method investments $ 891,306 $ 838,408 Total equity investments $ 1,014,215 $ 1,038,024 (1) MetroNet Systems, LLC, a fiber internet service provider ("MetroNet"). (2) Point Broadband Holdings, LLC, a fiber internet service provider ("Point Broadband"). (3) Visionary Communications, Inc., an internet service provider ("Visionary"). (4) Northwest Fiber Holdco., LLC, a fiber internet service provider ("Ziply"). (5) A joint venture transaction in which the Company contributed certain fiber operations (including certain fiber assets of Hargray and a majority of the operations of Delta Communications, LLC) and certain unaffiliated third-party investors contributed cash to a newly formed entity, Clearwave Fiber. (6) Represents the Company's percentage ownership of the total outstanding equity units in Clearwave Fiber. The Company's ownership interest in Clearwave Fiber is in the form of common equity units and the ownership interest in Clearwave Fiber of the unaffiliated third-party investors is in the form of convertible preferred equity units. The convertible preferred equity units held by the unaffiliated third-party investors are subject to a specified preferred return in relation to the common equity units held by the Company. As a result of the economic and other attributes of the various classes of equity units in Clearwave Fiber, the Company's percentage ownership of the total outstanding equity units in Clearwave Fiber may differ from its economic interest in Clearwave Fiber. (7) The Company held a call option to purchase all but not less than all of the remaining equity interests in MBI that the Company did not already own between January 1, 2023 and June 30, 2024. The call option expired unexercised on June 30, 2024. Certain investors in MBI hold a put option to sell (and to cause all members of MBI other than the Company to sell) to the Company all but not less than all of the remaining equity interests in MBI that the Company does not already own, which right may be exercised between July 1, 2025 and September 30, 2025. The call and put options (collectively referred to as the “MBI Net Option”) are measured at fair value using Monte Carlo simulations that rely on assumptions around MBI’s equity value, MBI’s and the Company’s equity volatility, MBI’s and the Company’s earnings before interest, taxes, depreciation and amortization (“EBITDA” and as adjusted, “Adjusted EBITDA”) volatility, risk adjusted discount rates and the Company’s cost of debt, among others. The final MBI purchase price allocation resulted in $630.7 million being allocated to the MBI equity investment and $19.7 million and $75.5 million being allocated to the call and put options, respectively. The MBI Net Option is remeasured at fair value on a quarterly basis. The carrying value of the MBI Net Option liability was $152.0 million and $136.4 million as of June 30, 2024 and December 31, 2023, respectively, and was included within other noncurrent liabilities in the condensed consolidated balance sheets. Refer to note 9 for further information on the MBI Net Option.
Schedule of Equity Method Investments	Equity method investment income (losses), which increase (decrease) the carrying value of the respective investment, and are recorded on a one quarter lag, along with certain other operating information, were as follows (in thousands): As Restated Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Equity Method Investment Income (Losses) Clearwave Fiber $ (21,059) $ (28,182) $ (42,780) $ (57,035) MBI (1) (1,252) (836) (1,567) (3,239) Wisper (2) — 353 — 472 Total $ (22,311) $ (28,665) $ (44,347) $ (59,802) Other Income (Expense), Net Mark-to-market adjustments (3) $ 50 $ 252 $ 95 $ 13,085 MBI Net Option change in fair value $ (8,410) $ (6,760) $ (15,610) $ (14,740) (1) The Company identified a $186.6 million difference between the fair values of certain of MBI’s finite-lived intangible assets and the respective carrying values recorded by MBI, of which $84.0 million was attributable to the Company’s 45% pro rata portion. The Company is amortizing its share on an accelerated basis over the lives of the respective assets. For the three months ended June 30, 2024, the Company recognized $0.8 million of its proportionate share of MBI’s net income and $2.1 million of its proportionate share of basis difference amortization. For the three months ended June 30, 2023, the Company recognized $1.7 million of its proportionate share of MBI’s net income and $2.5 million of its proportionate share of basis difference amortization. For the six months ended June 30, 2024, the Company recognized $3.0 million of its proportionate share of MBI's net income and $4.6 million of its proportionate share of basis difference amortization. For the six months ended June 30, 2023, the Company recognized $2.5 million of its proportionate share of MBI's net income and $5.7 million of its proportionate share of basis difference amortization. (2) Wisper ISP, LLC, a wireless internet service provider ("Wisper"). In July 2023, the Company redeemed its equity investment in Wisper. (3) Amount for the six months ended June 30, 2023 included a $12.3 million non-cash mark-to-market gain on the Company's investment in Point Broadband as a result of an observable market transaction in Point Broadband’s equity.

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consisted of the following (in thousands): June 30, 2024 December 31, 2023 Cable distribution systems $ 2,551,119 $ 2,491,903 Customer premise equipment 411,017 380,820 Other equipment and fixtures 370,658 376,847 Buildings and improvements 141,101 140,063 Capitalized software 71,658 70,928 Construction in progress 161,316 188,774 Land 16,387 13,641 Right-of-use assets 10,684 10,789 Property, plant and equipment, gross 3,733,940 3,673,765 Less: Accumulated depreciation and amortization (1,948,175) (1,882,645) Property, plant and equipment, net $ 1,785,765 $ 1,791,120

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Intangible assets consisted of the following (dollars in thousands): June 30, 2024 December 31, 2023 Useful Life Range (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Finite-Lived Intangible Assets Customer relationships 13.5 – 17 $ 784,381 $ 327,613 $ 456,768 $ 784,381 $ 295,817 $ 488,564 Trademarks and trade names 2.7 – 4.2 11,846 9,835 2,011 11,846 8,782 3,064 Wireless licenses 10 – 15 4,793 691 4,102 4,169 451 3,718 Total finite-lived intangible assets $ 801,020 $ 338,139 $ 462,881 $ 800,396 $ 305,050 $ 495,346 Indefinite-Lived Intangible Assets Franchise agreements $ 2,100,546 $ 2,100,546 Total intangible assets, net $ 2,563,427 $ 2,595,892
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The future amortization of existing finite-lived intangible assets as of June 30, 2024 was as follows (in thousands): Year Ending December 31, Amount 2024 (remaining six months) $ 33,083 2025 61,177 2026 55,663 2027 51,782 2028 48,183 Thereafter 212,993 Total $ 462,881

DEBT (Tables)

DEBT (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Instruments	The carrying amount of long-term debt consisted of the following (in thousands): June 30, 2024 December 31, 2023 Senior Credit Facilities (as defined below) $ 1,996,226 $ 2,105,348 Senior Notes (as defined below) 650,000 650,000 Convertible Notes (as defined below) 920,000 920,000 Finance lease liabilities 4,644 5,160 Total debt 3,570,870 3,680,508 Less: Unamortized debt discount (9,887) (12,025) Less: Unamortized debt issuance costs (20,635) (22,532) Less: Current portion of long-term debt (18,898) (19,023) Total long-term debt $ 3,521,450 $ 3,626,928
Schedule of Term Loans	A summary of the Company’s outstanding term loans as of June 30, 2024 is as follows (dollars in thousands): Instrument Draw Date(s) Original Principal Amortization Per Annum (1) Outstanding Principal Final Scheduled Maturity Date Final Scheduled Principal Payment Benchmark Rate Fixed Margin Interest Rate Term Loan B-2 1/7/2019 $ 250,000 1.0% $ 236,875 10/30/2029 (2) $ 223,750 SOFR + 10.0 bps 2.25% 7.69% Term Loan B-3 6/14/2019 10/30/2020 2/22/2023 325,000 300,000 150,000 1.0% 745,351 10/30/2029 (2) 704,695 SOFR + 10.0 bps 2.25% 7.69% Term Loan B-4 5/3/2021 800,000 1.0% 776,000 5/3/2028 746,000 SOFR + 11.4 bps 2.00% 7.46% Total $ 1,825,000 $ 1,758,226 $ 1,674,445 (1) Payable in equal quarterly installments (expressed as a percentage of the original principal amount and subject to customary adjustments in the event of any prepayment). All loans may be prepaid at any time without penalty or premium (subject to customary SOFR breakage provisions). (2) The final maturity date of the Term Loan B-2 and the Term Loan B-3, in each case, will adjust to May 3, 2028 if greater than $150.0 million aggregate principal amount of the Term Loan B-4 (together with any refinancing indebtedness in respect of the Term Loan B-4 with a final maturity date prior to the date that is 91 days after October 30, 2029) remains outstanding on May 3, 2028.
Schedule of Convertible Debt	The carrying amounts of the Convertible Notes consisted of the following (in thousands): June 30, 2024 December 31, 2023 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total Gross carrying amount $ 575,000 $ 345,000 $ 920,000 $ 575,000 $ 345,000 $ 920,000 Less: Unamortized discount (5,114) (4,773) (9,887) (6,610) (5,415) (12,025) Less: Unamortized debt issuance costs (140) (135) (275) (180) (153) (333) Net carrying amount $ 569,746 $ 340,092 $ 909,838 $ 568,210 $ 339,432 $ 907,642 Interest expense on the Convertible Notes consisted of the following (dollars in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total 2026 Notes 2028 Notes Total Contractual interest expense $ — $ 970 $ 970 $ — $ 970 $ 970 $ — $ 1,941 $ 1,941 $ — $ 1,941 $ 1,941 Amortization of discount 748 321 1,069 748 321 1,069 1,496 642 2,138 1,489 638 2,127 Amortization of debt issuance costs 20 9 29 20 9 29 40 18 58 40 18 58 Total interest expense $ 768 $ 1,300 $ 2,068 $ 768 $ 1,300 $ 2,068 $ 1,536 $ 2,601 $ 4,137 $ 1,529 $ 2,597 $ 4,126 Effective interest rate 0.5 % 1.5 % 0.5 % 1.5 % 0.5 % 1.5 % 0.5 % 1.5 %
Schedule of Unamortized Debt Issuance Costs	Unamortized debt issuance costs consisted of the following (in thousands): June 30, 2024 December 31, 2023 Revolving Credit Facility portion: Other noncurrent assets $ 2,815 $ 3,087 Term loans and Notes portion: Long-term debt (contra account) 20,635 22,532 Total $ 23,450 $ 25,619
Schedule of Maturities of Long-Term Debt	The future maturities of outstanding borrowings as of June 30, 2024 were as follows (in thousands): Year Ending December 31, Amount 2024 (remaining six months) $ 9,122 2025 18,244 2026 593,244 2027 18,244 2028 1,341,244 Thereafter 1,586,128 Total $ 3,566,226

INTEREST RATE SWAPS (Tables)

INTEREST RATE SWAPS (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	A summary of the significant terms of the Company’s interest rate swap agreements is as follows (dollars in thousands): Entry Date Effective Date Maturity Date (1) Notional Amount Settlement Type Settlement Frequency Fixed Base Rate Swap A (2) 3/7/2019 3/11/2019 3/11/2029 $ 850,000 Receive one-month SOFR, pay fixed Monthly 2.595% Swap B (3) 3/6/2019 6/15/2020 2/28/2029 350,000 Receive one-month SOFR, pay fixed Monthly 2.691% Total $ 1,200,000 (1) Each swap may be terminated prior to the scheduled maturity at the election of the Company or the financial institution counterparty under the terms provided in each swap agreement. (2) Swap A was amended effective February 28, 2023 to transition the reference rate from LIBOR to SOFR, resulting in the fixed base rate changing from 2.653% to 2.595%. (3) Swap B was amended effective March 1, 2023 to transition the reference rate from LIBOR to SOFR, resulting in the fixed base rate changing from 2.739% to 2.691%.
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The combined fair values of the Company’s interest rate swaps are reflected within the condensed consolidated balance sheets as follows (in thousands): June 30, 2024 December 31, 2023 Assets: Current portion: Prepaid and other current assets $ 27,442 $ 24,511 Noncurrent portion: Other noncurrent assets 44,628 24,453 Total interest rate swap asset $ 72,070 $ 48,964 Stockholders’ Equity: Accumulated other comprehensive income $ 54,517 $ 36,936 The combined effect of the Company’s interest rate swaps on the condensed consolidated statements of operations and comprehensive income was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Interest (income) expense $ (8,195) $ (7,169) $ (16,438) $ (12,814) Unrealized gain (loss) on cash flow hedges, gross $ (953) $ 28,616 $ 72,070 $ 71,346 Less: Tax effect 260 (6,904) (17,553) (17,355) Unrealized gain (loss) on cash flow hedges, net of tax $ (693) $ 21,712 $ 54,517 $ 53,991

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value Measurements, Recurring and Nonrecurring	The carrying amounts, fair values and related fair value hierarchy levels of the Company’s financial assets and liabilities as of June 30, 2024 were as follows (in thousands): June 30, 2024 Carrying Amount Fair Value Fair Value Hierarchy Assets: Cash and cash equivalents: Money market investments $ 129,704 $ 129,704 Level 1 Other noncurrent assets (including current portion): Interest rate swap asset $ 72,070 $ 72,070 Level 2 Liabilities: Long-term debt (including current portion): Term loans $ 1,758,226 $ 1,736,008 Level 2 Revolving Credit Facility $ 238,000 $ 232,050 Level 2 Senior Notes $ 650,000 $ 482,885 Level 2 Convertible Notes $ 920,000 $ 765,325 Level 2 Other noncurrent liabilities: MBI Net Option $ 151,970 $ 151,970 Level 3
Schedule of Assumptions Used to Determine the Fair Value of the MBI Net Option	The assumptions used to determine the fair value of the MBI Net Option consisted of the following: June 30, 2024 December 31, 2023 Cable One MBI Cable One MBI Equity volatility 38.0 % 26.0 % 40.0 % 30.0 % EBITDA volatility 10.0 % 10.0 % 10.0 % 10.0 % EBITDA risk-adjusted discount rate 8.5 % 8.5 % 7.5 % 8.5 % Cost of debt 10.5 % 8.5 %

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount	The Company’s equity-based compensation expense, included within selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive income, was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Restricted Stock $ 6,866 $ 5,598 $ 14,169 $ 10,808 SARs 245 401 407 776 Total $ 7,111 $ 5,999 $ 14,576 $ 11,584
Schedule of Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity	A summary of Restricted Stock activity during the six months ended June 30, 2024 is as follows: Restricted Stock Weighted Average Grant Date Fair Value Per Share Outstanding as of December 31, 2023 91,432 $ 952.33 Granted 94,617 $ 568.87 Forfeited (20,541) $ 717.76 Vested and issued (15,997) $ 1,338.99 Outstanding as of June 30, 2024 149,511 $ 700.51 Vested and deferred as of June 30, 2024 7,628 $ 812.70
Schedule of Share-Based Payment Award, Restricted Stock Valuation Assumptions	The significant inputs and resulting weighted average grant date fair value for market-based award grants were as follows: 2024 2023 Risk-free interest rate 4.0 % 4.1 % Expected volatility 35.4 % 39.1 % Simulation term 2.99 years 2.99 years Weighted average grant date fair value $ 603.73 $ 774.30
Schedule of Share-Based Payment Arrangement, Stock Appreciation Right, Activity	A summary of SARs activity during the six months ended June 30, 2024 is as follows: Stock Appreciation Rights Weighted Average Exercise Price Weighted Average Grant Date Fair Value Aggregate Intrinsic Value (in thousands) Weighted Average Remaining Contractual Term (in years) Outstanding as of December 31, 2023 35,491 $ 1,093.30 $ 269.69 $ — 5.1 Forfeited (730) $ 1,757.31 $ 439.68 Expired (1,000) $ 1,540.92 $ 373.12 Outstanding as of June 30, 2024 33,761 $ 1,065.69 $ 262.96 $ — 4.5 Exercisable as of June 30, 2024 31,011 $ 995.47 $ 242.27 $ — 4.3

OTHER INCOME AND EXPENSE (Table

OTHER INCOME AND EXPENSE (Tables)	6 Months Ended
	Jun. 30, 2024
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	Other income (expense) consisted of the following (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 MBI Net Option fair value adjustment $ (8,410) $ (6,760) $ (15,610) $ (14,740) Write-off of debt issuance costs — — — (3,340) C-band spectrum relocation funding (1) 7,669 — 7,669 — Mark-to-market adjustments and other (2) 100 167 185 12,840 Other income (expense), net $ (641) $ (6,593) $ (7,756) $ (5,240) (1) Represents the gain related to C-band spectrum relocation funding received from the federal government. (2) Amount for the six months ended June 30, 2023 includes a $12.3 million non-cash mark-to-market gain on the Company's investment in Point Broadband as a result of an observable market transaction in Point Broadband’s equity.

NET INCOME PER COMMON SHARE (Ta

NET INCOME PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The computation of basic and diluted net income per common share was as follows (dollars in thousands, except per share amounts): As Restated Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Numerator: Net income - basic $ 38,152 $ 44,234 $ 75,502 $ 90,831 Add: Convertible Notes interest expense, net of tax 1,551 1,551 3,103 3,095 Net income - diluted $ 39,703 $ 45,785 $ 78,605 $ 93,926 Denominator: Weighted average common shares outstanding - basic 5,620,592 5,660,751 5,619,669 5,689,588 Effect of dilutive equity-based compensation awards (1) 4,542 5,997 4,006 5,799 Effect of dilution from if-converted Convertible Notes (2) 404,248 404,248 404,248 404,248 Weighted average common shares outstanding - diluted 6,029,382 6,070,996 6,027,923 6,099,635 Net Income per Common Share: Basic $ 6.79 $ 7.81 $ 13.44 $ 15.96 Diluted $ 6.58 $ 7.54 $ 13.04 $ 15.40 Supplemental Net Income per Common Share Disclosure: Anti-dilutive shares from equity-based compensation awards (1) 82,363 40,162 82,363 40,162 (1) Equity-based compensation awards whose impact is considered to be anti-dilutive under the treasury stock method were excluded from the diluted net income per common share calculation. (2) Based on a conversion rate of 0.4394 shares of common stock per weighted $1,000 principal amount of Convertible Notes outstanding during all periods presented.

DESCRIPTION OF BUSINESS AND B_4

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details) customer in Thousands	6 Months Ended
	Jun. 30, 2024 customer state segment
Number of states in which entity operates | state	24
Number of customers	1,100
Number of operating segments | segment	1
Data
Number of customers	1,063
Video
Number of customers	126
Voice
Number of customers	112

DESCRIPTION OF BUSINESS AND B_5

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION - Error Correction (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Equity investments	$ 1,014,215	$ 1,135,345	$ 1,014,215	$ 1,135,345		$ 1,038,024
Assets	6,713,493	6,825,225	6,713,493	6,825,225		6,759,510
Deferred income taxes	941,360	958,198	941,360	958,198		950,919
Liabilities	4,833,233	5,100,387	4,833,233	5,100,387		4,950,240
Retained earnings	1,803,232	1,661,339	1,803,232	1,661,339		1,761,667
Stockholders' Equity Attributable to Parent	1,880,260	1,724,838	1,880,260	1,724,838	$ 1,852,874	1,809,270	$ 1,710,723	$ 1,736,912
Liabilities and Equity	6,713,493	6,825,225	6,713,493	6,825,225		$ 6,759,510
Income tax provision	14,069	16,811	31,646	35,312
Income (Loss) from Continuing Operations before Equity Method Investments	60,463	72,899	119,849	150,633
Equity method investment income (loss), net	22,311	28,665	44,347	59,802
Net income	38,152	44,234	75,502	90,831
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 37,459	$ 65,945	$ 93,083	$ 94,600
Basic (in dollars per share)	$ 6.79	$ 7.81	$ 13.44	$ 15.96
Diluted (in dollars per share)	$ 6.58	$ 7.54	$ 13.04	$ 15.40
Increase (Decrease) in Deferred Income Taxes			$ (15,084)	$ (3,435)
Net Cash Provided by (Used in) Operating Activities			320,298	331,351
Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Equity investments	$ 1,128,363	$ 1,192,861	1,128,363	1,192,861
Assets	6,827,641	6,882,741	6,827,641	6,882,741
Deferred income taxes	972,144	972,812	972,144	972,812
Liabilities	4,864,017	5,115,001	4,864,017	5,115,001
Retained earnings	1,886,596	1,704,241	1,886,596	1,704,241
Stockholders' Equity Attributable to Parent	1,963,624	1,767,740	1,963,624	1,767,740
Liabilities and Equity	6,827,641	6,882,741	6,827,641	6,882,741
Income tax provision	17,774	20,949	38,882	43,244
Income (Loss) from Continuing Operations before Equity Method Investments	56,758	68,761	112,613	142,701
Equity method investment income (loss), net	9,109	13,515	17,622	30,029
Net income	47,649	55,246	94,991	112,672
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 46,956	$ 76,957	$ 112,572	$ 116,441
Basic (in dollars per share)	$ 8.48	$ 9.76	$ 16.90	$ 19.80
Diluted (in dollars per share)	$ 8.16	$ 9.36	$ 16.27	$ 18.98
Increase (Decrease) in Deferred Income Taxes			$ (7,848)	$ 4,497
Net Cash Provided by (Used in) Operating Activities			320,298	331,351
Revision of Prior Period, Error Correction, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Equity investments	$ (114,148)	$ (57,516)	(114,148)	(57,516)
Assets	(114,148)	(57,516)	(114,148)	(57,516)
Deferred income taxes	(30,784)	(14,614)	(30,784)	(14,614)
Liabilities	(30,784)	(14,614)	(30,784)	(14,614)
Retained earnings	(83,364)	(42,902)	(83,364)	(42,902)
Stockholders' Equity Attributable to Parent	(83,364)	(42,902)	(83,364)	(42,902)
Liabilities and Equity	(114,148)	(57,516)	(114,148)	(57,516)
Income tax provision	(3,705)	(4,138)	(7,236)	(7,932)
Income (Loss) from Continuing Operations before Equity Method Investments	3,705	4,138	7,236	7,932
Equity method investment income (loss), net	13,202	15,150	26,725	29,773
Net income	(9,497)	(11,012)	(19,489)	(21,841)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ (9,497)	$ (11,012)	$ (19,489)	$ (21,841)
Basic (in dollars per share)	$ (1.69)	$ (1.95)	$ (3.46)	$ (3.84)
Diluted (in dollars per share)	$ (1.58)	$ (1.82)	$ (3.23)	$ (3.58)
Increase (Decrease) in Deferred Income Taxes			$ (7,236)	$ (7,932)
Net Cash Provided by (Used in) Operating Activities			$ 0	$ 0

REVENUES - Revenues by Product

REVENUES - Revenues by Product Line (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Revenues	$ 394,461	$ 424,024	$ 798,774	$ 845,918
Deferred commission amortization	1,538	1,454	3,033	2,758
Data
Disaggregation of Revenue [Line Items]
Revenues	230,404	246,840	466,223	489,537
Video
Disaggregation of Revenue [Line Items]
Revenues	57,178	66,137	117,536	136,423
Voice
Disaggregation of Revenue [Line Items]
Revenues	8,203	9,507	16,763	19,254
Data
Disaggregation of Revenue [Line Items]
Revenues	56,687	55,792	113,328	110,399
Other
Disaggregation of Revenue [Line Items]
Revenues	18,663	21,020	37,849	42,674
Other
Disaggregation of Revenue [Line Items]
Revenues	23,326	24,728	47,075	47,631
Franchise and other regulatory fees
Disaggregation of Revenue [Line Items]
Revenues	$ 6,150	$ 6,859	$ 12,541	$ 13,959

REVENUES - Narrative (Details)

REVENUES - Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Contract with customer, liability, current	$ 26,270	$ 27,169
Contract with customer, liability, revenue recognized	$ 23,600

OPERATING ASSETS AND LIABILIT_3

OPERATING ASSETS AND LIABILITIES - Summary of Accounts Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables	$ 51,181	$ 72,076
Other receivables	17,594	26,006
Less: Allowance for credit losses	(2,724)	(4,109)
Total accounts receivable, net	66,051	93,973
Clearwave Fiber
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other receivables	2,400	3,700
Federal government
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other receivables	$ 7,500	$ 11,400

OPERATING ASSETS AND LIABILIT_4

OPERATING ASSETS AND LIABILITIES - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 4,442	$ 3,725	$ 4,109	$ 3,191
Additions - charged to costs and expenses	1,402	1,731	4,054	4,222
Deductions - write-offs	(4,240)	(2,929)	(8,003)	(6,379)
Recoveries collected	1,120	1,131	2,564	2,624
Ending balance	$ 2,724	$ 3,658	$ 2,724	$ 3,658

OPERATING ASSETS AND LIABILIT_5

OPERATING ASSETS AND LIABILITIES - Prepaid and Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Offsetting Assets [Line Items]
Prepaid repairs and maintenance	$ 9,698	$ 2,596
Software implementation costs	2,617	1,812
Prepaid insurance	189	3,507
Prepaid rent	2,252	2,227
Prepaid software	10,775	9,762
Deferred commissions	5,969	5,371
Prepaid income tax payments	8,910	5,470
All other current assets	3,325	2,860
Total prepaid and other current assets	71,177	58,116
Interest Rate Swap
Offsetting Assets [Line Items]
Interest rate swap asset	$ 27,442	$ 24,511

OPERATING ASSETS AND LIABILIT_6

OPERATING ASSETS AND LIABILITIES - Other Noncurrent Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Transfer of Financial Assets Accounted for as Sales [Line Items]
Operating lease right-of-use assets	$ 9,005	$ 10,650
Deferred commissions	10,487	9,793
Software implementation costs	8,502	7,115
Debt issuance costs	2,815	3,087
Debt investment	2,294	2,228
Assets held for sale	0	889
All other noncurrent assets	4,662	4,934
Total other noncurrent assets	82,393	63,149
Interest Rate Swap
Transfer of Financial Assets Accounted for as Sales [Line Items]
Interest rate swap asset	$ 44,628	$ 24,453

OPERATING ASSETS AND LIABILIT_7

OPERATING ASSETS AND LIABILITIES - Accounts Payable and Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Receivables [Abstract]
Accounts payable	$ 33,168	$ 45,025
Accrued programming costs	16,938	18,453
Accrued compensation and related benefits	24,694	20,149
Accrued sales and other operating taxes	16,919	14,518
Accrued franchise fees	2,718	2,952
Deposits	6,052	5,954
Operating lease liabilities	3,036	3,391
Accrued insurance costs	5,154	5,167
Cash overdrafts	6,594	12,058
Interest payable	6,354	6,340
Income taxes payable	0	2,579
All other accrued liabilities	20,670	20,059
Total accounts payable and accrued liabilities	$ 142,297	$ 156,645

OPERATING ASSETS AND LIABILIT_8

OPERATING ASSETS AND LIABILITIES - Other Noncurrent Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Operating lease liabilities	$ 5,542	$ 6,768
Accrued compensation and related benefits	8,362	8,847
Deferred revenue	13,788	15,066
MBI Net Option (as defined in note 4)	151,970	136,360
All other noncurrent liabilities	3,296	2,515
Total other noncurrent liabilities	182,958	169,556
MBI
Accounts, Notes, Loans and Financing Receivable [Line Items]
MBI Net Option (as defined in note 4)	152,000	136,400
MBI | Call Option
Accounts, Notes, Loans and Financing Receivable [Line Items]
Derivative liability		15,200
MBI | Put Option
Accounts, Notes, Loans and Financing Receivable [Line Items]
Derivative liability	$ 152,000	$ 121,200

EQUITY INVESTMENTS - Carrying V

EQUITY INVESTMENTS - Carrying Value of Equity Method Investments Without Determinable Fair Values (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Nov. 12, 2020
Net Investment Income [Line Items]
Total cost method investments	$ 122,909	$ 122,909		$ 199,616
Total equity method investments	891,306	891,306		838,408
Total equity investments	1,014,215	1,014,215	$ 1,135,345	1,038,024
Cash paid for debt and equity investments		20,000	$ 14,704
MBI net option	151,970	151,970		136,360
MBI
Net Investment Income [Line Items]
MBI net option	$ 152,000	$ 152,000		$ 136,400
MetroNet
Net Investment Income [Line Items]
Cost method investment, ownership percentage (in percent)	10%	10%		10%
Total cost method investments	$ 7,000	$ 7,000		$ 7,000
Nextlink
Net Investment Income [Line Items]
Cost method investment, ownership percentage (in percent)	0%	0%		20%
Total cost method investments	$ 0	$ 0		$ 77,245
Equity method investment, ownership percentage (in percent)	22%	22%		0%
Total equity method investments	$ 97,245	$ 97,245		$ 0
Cash paid for debt and equity investments	$ 20,000
Point Broadband
Net Investment Income [Line Items]
Cost method investment, ownership percentage (in percent)	10%	10%		10%
Total cost method investments	$ 42,623	$ 42,623		$ 42,623
Visionary
Net Investment Income [Line Items]
Cost method investment, ownership percentage (in percent)	10%	10%		10%
Total cost method investments	$ 8,822	$ 8,822		$ 8,822
Ziply
Net Investment Income [Line Items]
Cost method investment, ownership percentage (in percent)	10%	10%		10%
Total cost method investments	$ 50,000	$ 50,000		$ 50,000
Others
Net Investment Income [Line Items]
Cost method investment, ownership percentage (in percent)	10%	10%		10%
Total cost method investments	$ 14,464	$ 14,464		$ 13,926
Clearwave Fiber
Net Investment Income [Line Items]
Equity method investment, ownership percentage (in percent)	57%	57%		58%
Total equity method investments	$ 229,673	$ 229,673		$ 272,453
MBI
Net Investment Income [Line Items]
Equity method investment, ownership percentage (in percent)	45%	45%		45%
Total equity method investments	$ 564,388	$ 564,388		$ 565,955	$ 630,700
MBI | Call Option
Net Investment Income [Line Items]
Interest rate swap asset					19,700
MBI | Put Option
Net Investment Income [Line Items]
MBI net option					$ 75,500

EQUITY INVESTMENTS - Narrative

EQUITY INVESTMENTS - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Net Investment Income [Line Items]
Additional purchase of common units		$ 20,000	$ 14,704
Nextlink
Net Investment Income [Line Items]
Additional purchase of common units	$ 20,000
Equity method investment, ownership percentage (in percent)	22%	22%		0%
Equity method investment, difference between carrying amount and underlying equity	$ 48,700	$ 48,700
MBI
Net Investment Income [Line Items]
Equity method investment, ownership percentage (in percent)	45%	45%		45%
Equity method investment, difference between carrying amount and underlying equity	$ 484,600	$ 484,600		$ 487,500

EQUITY INVESTMENTS - Equity Met

EQUITY INVESTMENTS - Equity Method Investment Income (Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Gain (Loss) on Securities [Line Items]
Equity method investment income (loss), net	$ (22,311)	$ (28,665)	$ (44,347)	$ (59,802)
Mark-to-market adjustments	50	252	95	13,085
MBI
Gain (Loss) on Securities [Line Items]
Finite-lived intangible assets, basis difference between fair value and carrying value	186,600		186,600
MBI
Gain (Loss) on Securities [Line Items]
MBI Net Option change in fair value	(8,410)	(6,760)	(15,610)	(14,740)
Clearwave Fiber
Gain (Loss) on Securities [Line Items]
Equity method investment income (loss), net	(21,059)	(28,182)	(42,780)	(57,035)
MBI
Gain (Loss) on Securities [Line Items]
Equity method investment income (loss), net	(1,252)	(836)	(1,567)	(3,239)
Finite-lived intangible assets, basis difference between fair value and carrying value	$ 84,000		$ 84,000
Equity method investment, ownership percentage (in percent)	45%		45%		45%
Income (loss) from equity method investments before amortization	$ 800	1,700	$ 3,000	2,500
Amortization of basis difference	2,100	2,500	4,600	5,700
MBI | MBI
Gain (Loss) on Securities [Line Items]
MBI Net Option change in fair value	(8,410)	(6,760)	(15,610)	(14,740)
Wisper
Gain (Loss) on Securities [Line Items]
Equity method investment income (loss), net	$ 0	$ 353	$ 0	472
Point Broadband
Gain (Loss) on Securities [Line Items]
Mark-to-market adjustments				$ 12,300

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Right-of-use assets	$ 10,684	$ 10,789
Property, plant and equipment, gross	3,733,940	3,673,765
Less: Accumulated depreciation and amortization	(1,948,175)	(1,882,645)
Property, plant and equipment, net	1,785,765	1,791,120
Cable distribution systems
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,551,119	2,491,903
Customer premise equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	411,017	380,820
Other equipment and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	370,658	376,847
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	141,101	140,063
Capitalized software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	71,658	70,928
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	161,316	188,774
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 16,387	$ 13,641

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT - Narrative (Details ) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Long-Lived Assets Held-for-sale [Line Items]
Proceeds from sale of property			$ 2,300
Gain on sale of property, plant and equipment			1,400
Depreciation and amortization			170,955	$ 172,668
Property, Plant and Equipment
Long-Lived Assets Held-for-sale [Line Items]
Depreciation and amortization	$ 68,800	$ 69,100	$ 137,900	$ 136,400
Other noncurrent assets
Long-Lived Assets Held-for-sale [Line Items]
Disposal group, including discontinued operation, property, plant and equipment, noncurrent					$ 900

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 928,947,000		$ 928,947,000		$ 928,947,000
Goodwill, impairment loss			0		$ 0
Amortization of intangible assets	$ 16,500,000	$ 18,200,000	$ 33,100,000	$ 36,300,000

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Acquired Indefinite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 801,020	$ 800,396
Accumulated Amortization	338,139	305,050
Total	462,881	495,346
Intangible assets, net	2,563,427	2,595,892
Franchise agreements
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets	2,100,546	2,100,546
Customer relationships
Acquired Indefinite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	784,381	784,381
Accumulated Amortization	327,613	295,817
Total	$ 456,768	488,564
Customer relationships | Minimum
Acquired Indefinite-Lived Intangible Assets [Line Items]
Useful Life Range (in years)	13 years 6 months
Customer relationships | Maximum
Acquired Indefinite-Lived Intangible Assets [Line Items]
Useful Life Range (in years)	17 years
Trademarks and trade names
Acquired Indefinite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 11,846	11,846
Accumulated Amortization	9,835	8,782
Total	$ 2,011	3,064
Trademarks and trade names | Minimum
Acquired Indefinite-Lived Intangible Assets [Line Items]
Useful Life Range (in years)	2 years 8 months 12 days
Trademarks and trade names | Maximum
Acquired Indefinite-Lived Intangible Assets [Line Items]
Useful Life Range (in years)	4 years 2 months 12 days
Wireless licenses
Acquired Indefinite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 4,793	4,169
Accumulated Amortization	691	451
Total	$ 4,102	$ 3,718
Wireless licenses | Minimum
Acquired Indefinite-Lived Intangible Assets [Line Items]
Useful Life Range (in years)	10 years
Wireless licenses | Maximum
Acquired Indefinite-Lived Intangible Assets [Line Items]
Useful Life Range (in years)	15 years

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
2024 (remaining six months)	$ 33,083
2025	61,177
2026	55,663
2027	51,782
2028	48,183
Thereafter	212,993
Total	$ 462,881	$ 495,346

DEBT - Schedule of Long-term De

DEBT - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Finance lease liabilities	$ 4,644	$ 5,160
Total debt	3,570,870	3,680,508
Less: Unamortized debt discount	(9,887)	(12,025)
Less: Unamortized debt issuance costs	(23,450)	(25,619)
Less: Current portion of long-term debt	(18,898)	(19,023)
Long-term debt	3,521,450	3,626,928
Senior Credit Facilities
Debt Instrument [Line Items]
Gross carrying amount	1,996,226	2,105,348
Senior Credit Facilities And Convertible Notes
Debt Instrument [Line Items]
Less: Unamortized debt issuance costs	(20,635)	(22,532)
Senior Notes
Debt Instrument [Line Items]
Gross carrying amount	650,000	650,000
Convertible Debt
Debt Instrument [Line Items]
Gross carrying amount	$ 920,000	$ 920,000

DEBT - Senior Credit Facilities

DEBT - Senior Credit Facilities (Details) - USD ($)			1 Months Ended			6 Months Ended	12 Months Ended
	Feb. 22, 2023	Feb. 21, 2023	Apr. 30, 2024	Feb. 29, 2024	Jul. 31, 2023	Jun. 30, 2024	Dec. 31, 2023
Term loans
Debt Instrument [Line Items]
Debt instrument, face amount						$ 1,825,000,000
Gross carrying amount						1,758,226,000
Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,000,000,000	$ 500,000,000
Draws on lines of credit	488,000,000
Extinguishment of debt			$ 50,000,000	$ 50,000,000			$ 150,000,000
Debt outstanding						238,000,000
Line of credit facility, remaining borrowing capacity						$ 762,000,000
Revolving Credit Facility | Revolving Credit Facility | SOFR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						0.10%
Revolving Credit Facility | Revolving Credit Facility | SOFR | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						1.25%
Revolving Credit Facility | Revolving Credit Facility | SOFR | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						1.75%
Revolving Credit Facility | Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						0.25%
Revolving Credit Facility | Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						0.75%
Term Loan A-2 | Term loans
Debt Instrument [Line Items]
Debt instrument, face amount		700,000,000
Extinguishment of debt	638,300,000
Term Loan B-2 | Term loans
Debt Instrument [Line Items]
Debt instrument, face amount		250,000,000				$ 250,000,000
Gross carrying amount						$ 236,875,000
Debt instrument, basis spread on variable rate (in percent)						2.25%
Term Loan B-2 | Term loans | SOFR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						0.10%
Term Loan B-3 | Term loans
Debt Instrument [Line Items]
Debt instrument, face amount		625,000,000
Gross carrying amount	$ 757,000,000	150,000,000				$ 745,351,000
Debt instrument, basis spread on variable rate (in percent)						2.25%
Term Loan B-3 | Term loans | SOFR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						0.10%
Term Loan B-4 | Term loans
Debt Instrument [Line Items]
Debt instrument, face amount		$ 800,000,000				$ 800,000,000
Gross carrying amount						$ 776,000,000
Debt instrument, basis spread on variable rate (in percent)						2%
Fixed Margin						2%
Term Loan B-4 | Term loans | SOFR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						0.114%
Term Loan B-4 | Term loans | SOFR | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)					0.114%	0.114%
Term Loan B-4 | Term loans | SOFR | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)					0.428%	0.428%
Term Loan B-4 | Term loans | Base Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						1%
Term Loan B-2 and the Term Loan B-3 | Term loans
Debt Instrument [Line Items]
Debt instrument, face amount						$ 150,000,000
Debt instrument, basis spread on variable rate (in percent)	2.25%	2%
Fixed Margin						2.25%
Term Loan B-2 and the Term Loan B-3 | Term loans | SOFR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)	0.10%					0.10%
Term Loan B-2 and the Term Loan B-3 | Term loans | Base Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (in percent)						1.25%

DEBT - Summary of Term Loans (D

DEBT - Summary of Term Loans (Details) - USD ($)			6 Months Ended
	Feb. 22, 2023	Feb. 21, 2023	Jun. 30, 2024
Debt Instrument [Line Items]
Final Scheduled Principal Payment			$ 3,566,226,000
Term loans
Debt Instrument [Line Items]
Original Principal			1,825,000,000
Outstanding Principal			1,758,226,000
Final Scheduled Principal Payment			1,674,445,000
Term loans | Term Loan B-2
Debt Instrument [Line Items]
Original Principal		$ 250,000,000	$ 250,000,000
Amortization per annum			1%
Outstanding Principal			$ 236,875,000
Final Scheduled Principal Payment			$ 223,750,000
Benchmark Rate			2.25%
Interest Rate			7.69%
Term loans | Term Loan B-2 | SOFR
Debt Instrument [Line Items]
Benchmark Rate			0.10%
Term loans | Term Loan B-3
Debt Instrument [Line Items]
Original Principal		625,000,000
Amortization per annum			1%
Outstanding Principal	$ 757,000,000	150,000,000	$ 745,351,000
Final Scheduled Principal Payment			$ 704,695,000
Benchmark Rate			2.25%
Interest Rate			7.69%
Term loans | Term Loan B-3 | SOFR
Debt Instrument [Line Items]
Benchmark Rate			0.10%
Term loans | Term Loan B-3, 1
Debt Instrument [Line Items]
Original Principal			$ 325,000,000
Term loans | Term Loan B-3, 2
Debt Instrument [Line Items]
Original Principal			300,000,000
Term loans | Term Loan B-3, 3
Debt Instrument [Line Items]
Original Principal			150,000,000
Term loans | Term Loan B-4
Debt Instrument [Line Items]
Original Principal		$ 800,000,000	$ 800,000,000
Amortization per annum			1%
Outstanding Principal			$ 776,000,000
Final Scheduled Principal Payment			$ 746,000,000
Benchmark Rate			2%
Interest Rate			7.46%
Term loans | Term Loan B-4 | SOFR
Debt Instrument [Line Items]
Benchmark Rate			0.114%
Term loans | Term Loan B-4 | Base Rate
Debt Instrument [Line Items]
Benchmark Rate			1%
Term loans | Term Loan B-2 and the Term Loan B-3
Debt Instrument [Line Items]
Original Principal			$ 150,000,000
Benchmark Rate	2.25%	2%
Term loans | Term Loan B-2 and the Term Loan B-3 | SOFR
Debt Instrument [Line Items]
Benchmark Rate	0.10%		0.10%
Term loans | Term Loan B-2 and the Term Loan B-3 | Base Rate
Debt Instrument [Line Items]
Benchmark Rate			1.25%

DEBT - Senior Notes (Details)

DEBT - Senior Notes (Details) - USD ($)	1 Months Ended
	Nov. 30, 2020	Jun. 30, 2024
Debt Instrument [Line Items]
Debt guarantee		$ 250,000,000
Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 650,000,000
Stated percentage (in percent)	4%
Senior Notes | Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage of principal amount redeemed (in percent)	100%
Senior Notes | Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage of principal amount redeemed (in percent)	40%
Senior Notes | Debt Instrument, Redemption, Period Three
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage of principal amount redeemed (in percent)	104%
Senior Notes | Debt Instrument, Redemption, Period Four
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage of principal amount redeemed (in percent)	101%

DEBT - Convertible Notes (Detai

DEBT - Convertible Notes (Details)	1 Months Ended	6 Months Ended
	Mar. 31, 2021 USD ($) d $ / shares	Jun. 30, 2024
2026 Notes | Convertible Debt
Debt Instrument [Line Items]
Debt instrument, face amount | $	$ 575,000,000
Stated percentage (in percent)	0%
2028 Notes | Convertible Debt
Debt Instrument [Line Items]
Debt instrument, face amount | $	$ 345,000,000
Stated percentage (in percent)	1.125%
The 2026 Notes and the 2028 Notes
Debt Instrument [Line Items]
Debt instrument, convertible, conversion ratio		0.4394
The 2026 Notes and the 2028 Notes | Convertible Debt
Debt Instrument [Line Items]
Debt instrument, convertible, conversion ratio	0.4394
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares	$ 2,275.83
Debt instrument, redemption price, percentage (in percent)	100%
Debt instrument, convertible, threshold percentage of stock price trigger (in percent)	130%
Debt instrument, convertible, threshold trading days | d	20
Debt instrument, convertible, threshold consecutive trading days | d	30
The 2026 Notes and the 2028 Notes | Convertible Debt | Company Undergoes a Fundamental Change
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage (in percent)	100%

DEBT - Schedule of Convertible

DEBT - Schedule of Convertible Notes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Debt Instrument, Redemption [Line Items]
Less: Unamortized discount	$ (9,887)		$ (9,887)		$ (12,025)
Less: Unamortized debt issuance costs	(23,450)		(23,450)		(25,619)
Total	3,566,226		3,566,226
Amortization of debt issuance costs	1,100	$ 1,200	2,200	$ 2,500
Convertible Debt
Debt Instrument, Redemption [Line Items]
Gross carrying amount	920,000		920,000		920,000
Convertible Debt | The 2026 Notes and the 2028 Notes
Debt Instrument, Redemption [Line Items]
Gross carrying amount	920,000		920,000		920,000
Less: Unamortized discount	(9,887)		(9,887)		(12,025)
Less: Unamortized debt issuance costs	(275)		(275)		(333)
Total	909,838		909,838		907,642
Contractual interest expense	970	970	1,941	1,941
Amortization of discount	1,069	1,069	2,138	2,127
Amortization of debt issuance costs	29	29	58	58
Total interest expense	2,068	2,068	4,137	4,126
Convertible Debt | 2026 Notes
Debt Instrument, Redemption [Line Items]
Gross carrying amount	575,000		575,000		575,000
Less: Unamortized discount	(5,114)		(5,114)		(6,610)
Less: Unamortized debt issuance costs	(140)		(140)		(180)
Total	569,746		569,746		568,210
Contractual interest expense	0	0	0	0
Amortization of discount	748	748	1,496	1,489
Amortization of debt issuance costs	20	20	40	40
Total interest expense	$ 768	$ 768	$ 1,536	$ 1,529
Debt instrument, effective interest rate (in percent)	0.50%	0.50%	0.50%	0.50%
Convertible Debt | 2028 Notes
Debt Instrument, Redemption [Line Items]
Gross carrying amount	$ 345,000		$ 345,000		345,000
Less: Unamortized discount	(4,773)		(4,773)		(5,415)
Less: Unamortized debt issuance costs	(135)		(135)		(153)
Total	340,092		340,092		$ 339,432
Contractual interest expense	970	$ 970	1,941	$ 1,941
Amortization of discount	321	321	642	638
Amortization of debt issuance costs	9	9	18	18
Total interest expense	$ 1,300	$ 1,300	$ 2,601	$ 2,597
Debt instrument, effective interest rate (in percent)	1.50%	1.50%	1.50%	1.50%

DEBT - Narrative (Details)

DEBT - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Debt Instrument [Line Items]
Debt guarantee	$ 250,000,000		$ 250,000,000
Amortization of debt issuance costs	1,100,000	$ 1,200,000	2,200,000	$ 2,500,000
Capitalized costs		7,800,000		7,800,000
Write-off of debt issuance costs	0	$ 0	0	$ 3,340,000
MUFG Bank
Debt Instrument [Line Items]
Letter of credit, maximum borrowing capacity	75,000,000		75,000,000
MUFG Bank | Letter of Credit
Debt Instrument [Line Items]
Debt outstanding	$ 10,600,000		$ 10,600,000
Line of credit facility, interest rate at period end (in percent)	1%		1%

DEBT - Unamortized Debt Issuanc

DEBT - Unamortized Debt Issuance Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument, Redemption [Line Items]
Debt issuance costs	$ 23,450	$ 25,619
Other noncurrent assets
Debt Instrument, Redemption [Line Items]
Debt issuance costs	2,815	3,087
Long-term debt (contra account)
Debt Instrument, Redemption [Line Items]
Debt issuance costs	$ 20,635	$ 22,532

DEBT - Future Maturities (Detai

DEBT - Future Maturities (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Debt Disclosure [Abstract]
2024 (remaining six months)	$ 9,122
2025	18,244
2026	593,244
2027	18,244
2028	1,341,244
Thereafter	1,586,128
Total	$ 3,566,226

INTEREST RATE SWAPS - Interest

INTEREST RATE SWAPS - Interest Rate Swap Agreements (Details)	Jun. 30, 2024 USD ($) derivative_instrument	Mar. 01, 2023	Feb. 28, 2023	Feb. 27, 2023
Interest Rate Swap | Cash Flow Hedging
Credit Derivatives [Line Items]
Number of derivative agreements | derivative_instrument	2
Notional Amount	$ 1,200,000,000
Swap A | LIBOR
Credit Derivatives [Line Items]
Derivative, fixed interest rate (in percent)				2.653%
Swap A | SOFR
Credit Derivatives [Line Items]
Derivative, fixed interest rate (in percent)			2.595%
Swap A | Cash Flow Hedging
Credit Derivatives [Line Items]
Notional Amount	$ 850,000,000
Derivative, fixed interest rate (in percent)	2.595%
Swap B | LIBOR
Credit Derivatives [Line Items]
Derivative, fixed interest rate (in percent)			2.739%
Swap B | SOFR
Credit Derivatives [Line Items]
Derivative, fixed interest rate (in percent)		2.691%
Swap B | Cash Flow Hedging
Credit Derivatives [Line Items]
Notional Amount	$ 350,000,000
Derivative, fixed interest rate (in percent)	2.691%

INTEREST RATE SWAPS - Interes_2

INTEREST RATE SWAPS - Interest Rate Swaps on the Condensed Consolidated Balance Sheets and Statements of Operations and Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Stockholders' Equity:
Accumulated other comprehensive income	$ 54,326		$ 54,326		$ 36,745
Interest (income) expense	(8,195)	$ (7,169)	(16,438)	$ (12,814)
Unrealized gain (loss) on cash flow hedges, gross	(953)	28,616	72,070	71,346
Less: Tax effect	260	(6,904)	(17,553)	(17,355)
Unrealized gain (loss) on cash flow hedges, net of tax	(693)	$ 21,712	54,517	$ 53,991
Accumulated other comprehensive income
Stockholders' Equity:
Accumulated other comprehensive income	54,517		54,517		36,936
Interest Rate Swap
Current portion:
Prepaid and other current assets	27,442		27,442		24,511
Noncurrent portion:
Other noncurrent assets	44,628		44,628		24,453
Total interest rate swap asset	$ 72,070		$ 72,070		$ 48,964

FAIR VALUE MEASUREMENTS - Carry

FAIR VALUE MEASUREMENTS - Carrying Amounts and Fair Values (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Interest rate swap asset
Other noncurrent assets (including current portion):
Derivative asset	$ 72,070	$ 48,964
Level 1 | Carrying Amount | Money market investments
Cash and cash equivalents:
Money market investments	129,704
Level 1 | Fair Value | Money market investments
Cash and cash equivalents:
Money market investments	129,704
Level 2 | Carrying Amount | Term loans
Long-term debt (including current portion):
Long-term debt, fair value	1,758,226
Level 2 | Carrying Amount | Revolving Credit Facility | Revolving Credit Facility
Long-term debt (including current portion):
Long-term debt, fair value	238,000
Level 2 | Carrying Amount | Senior Notes
Long-term debt (including current portion):
Long-term debt, fair value	650,000
Level 2 | Carrying Amount | Convertible Notes
Long-term debt (including current portion):
Long-term debt, fair value	920,000
Level 2 | Carrying Amount | Interest rate swap asset
Other noncurrent assets (including current portion):
Derivative asset	72,070
Level 2 | Fair Value | Term loans
Long-term debt (including current portion):
Long-term debt, fair value	1,736,008
Level 2 | Fair Value | Revolving Credit Facility | Revolving Credit Facility
Long-term debt (including current portion):
Long-term debt, fair value	232,050
Level 2 | Fair Value | Senior Notes
Long-term debt (including current portion):
Long-term debt, fair value	482,885
Level 2 | Fair Value | Convertible Notes
Long-term debt (including current portion):
Long-term debt, fair value	765,325
Level 2 | Fair Value | Interest rate swap asset
Other noncurrent assets (including current portion):
Derivative asset	72,070
Level 3 | Carrying Amount | MBI Net Option
Other noncurrent liabilities:
Derivative liability	151,970
Level 3 | Fair Value | MBI Net Option
Other noncurrent liabilities:
Derivative liability	$ 151,970

FAIR VALUE MEASUREMENTS - Assum

FAIR VALUE MEASUREMENTS - Assumptions Used to Determine the Fair Value of the Net Options (Details)	Jun. 30, 2024	Dec. 31, 2023
Equity volatility | Cable One
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.380	0.400
Equity volatility | MBI
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.260	0.300
EBITDA volatility | Cable One
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.100	0.100
EBITDA volatility | MBI
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.100	0.100
EBITDA risk-adjusted discount rate | Cable One
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.085	0.075
EBITDA risk-adjusted discount rate | MBI
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.085	0.085
Cost of debt | Cable One
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative liability, measurement input	0.105	0.085

STOCKHOLDERS_ EQUITY (Details)

STOCKHOLDERS’ EQUITY (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		108 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	May 20, 2022
Equity [Abstract]
Treasury stock, total (in shares)	556,199		556,199		556,199	558,412
Stock repurchase program, authorized amount							$ 450,000
Remaining amount authorized	$ 143,100		$ 143,100		$ 143,100
Treasury stock, shares, acquired (in shares)			0		646,244
Treasury stock, value, acquired, cost method		$ 41,369		$ 83,119	$ 556,900
Payment of withholding tax for equity awards	$ 100	$ 100	$ 2,732	$ 2,302
Share-based payment arrangement, shares withheld for tax withholding obligation (in shares)	76	170	2,404	3,302

EQUITY-BASED COMPENSATION - Nar

EQUITY-BASED COMPENSATION - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant (in shares)	347,715		347,715
Share-based payment arrangement, tax shortfalls	$ (0.2)	$ (0.4)	$ (1.7)	$ (1.6)
Deferred tax assets, tax deferred expense, compensation and benefits, share-based compensation cost	6.2		6.2		$ 7.4
Restricted Stock
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, excluding option, cost not yet recognized, amount	46.2		$ 46.2
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition (in years)			1 year 9 months 18 days
SARs
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, excluding option, cost not yet recognized, amount	$ 0.6		$ 0.6
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition (in years)			6 months

EQUITY-BASED COMPENSATION - Com

EQUITY-BASED COMPENSATION - Compensation Expense (Details) - Selling, General and Administrative Expenses - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	$ 7,111	$ 5,999	$ 14,576	$ 11,584
Restricted Stock
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	6,866	5,598	14,169	10,808
SARs
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	$ 245	$ 401	$ 407	$ 776

EQUITY-BASED COMPENSATION - Res

EQUITY-BASED COMPENSATION - Restricted Stock (Details) - Restricted Stock	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Restricted Stock
Beginning balance (in shares) | shares	91,432
Granted (in shares) | shares	94,617
Forfeited (in shares) | shares	(20,541)
Vested and issued (in shares) | shares	(15,997)
Ending balance (in shares) | shares	149,511
Vested and deferred (in shares) | shares	7,628
Weighted Average Grant Date Fair Value Per Share
Beginning balance (in dollars per share) | $ / shares	$ 952.33
Granted (in dollars per share) | $ / shares	568.87
Forfeited (in dollars per share) | $ / shares	717.76
Vested and issued (in dollars per share) | $ / shares	1,338.99
Ending balance (in dollars per share) | $ / shares	700.51
Vested and deferred (in dollars per share) | $ / shares	$ 812.70

EQUITY-BASED COMPENSATION - Val

EQUITY-BASED COMPENSATION - Valuation Assumptions (Details) - Restricted Stock - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Risk-free interest rate (in percent)	4%	4.10%
Expected volatility	35.40%	39.10%
Simulation term	2 years 11 months 26 days	2 years 11 months 26 days
Weighted average grant date fair value (in dollars per share)	$ 603.73	$ 774.30

EQUITY-BASED COMPENSATION - Sto

EQUITY-BASED COMPENSATION - Stock Appreciation Rights (Details) - SARs - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Stock Appreciation Rights
Beginning balance (in shares)	35,491
Forfeited (in shares)	(730)
Expired (in shares)	(1,000)
Ending balance (in shares)	33,761	35,491
Exercisable, stock appreciation rights (in shares)	31,011
Weighted Average Exercise Price
Beginning balance (in dollars per share)	$ 1,093.3
Forfeited (in dollars per share)	1,757.31
Expired (in dollars per share)	1,540.92
Ending balance (in dollars per share)	1,065.69	$ 1,093.3
Exercisable (in dollars per share)	995.47
Weighted Average Grant Date Fair Value
Beginning balance (in dollars per share)	269.69
Forfeited (in dollars per share)	439.68
Expired (in dollars per share)	373.12
Ending balance (in dollars per share)	262.96	$ 269.69
Exercisable (in dollars per share)	$ 242.27
Aggregate Intrinsic Value
Aggregate intrinsic value, outstanding	$ 0	$ 0
Aggregate intrinsic value, exercisable	$ 0
Weighted Average Remaining Contractual Term (in years)
Weighted average remaining contractual term, outstanding (in years)	4 years 6 months	5 years 1 month 6 days
Weighted average remaining contractual term, vested and exercisable (in years)	4 years 3 months 18 days

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Effective Income Tax Rate Reconciliation [Line Items]
Decrease in expense related to equity method investment net losses	$ 1.8	$ 4.2
State and Local
Effective Income Tax Rate Reconciliation [Line Items]
Decrease from change in enacted tax rates	$ 0.6

OTHER INCOME AND EXPENSE (Detai

OTHER INCOME AND EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Offsetting Assets [Line Items]
Write-off of debt issuance costs	$ 0	$ 0	$ 0	$ (3,340)
C-band relocation payment	7,669	0	7,669	0
Mark-to-market adjustments and other	100	167	185	12,840
Other income (expense), net	(641)	(6,593)	(7,756)	(5,240)
Gain on investment, mark to market	50	252	95	13,085
Point Broadband
Offsetting Assets [Line Items]
Gain on investment, mark to market				12,300
MBI
Offsetting Assets [Line Items]
MBI Net Option fair value adjustment	$ (8,410)	$ (6,760)	$ (15,610)	$ (14,740)

NET INCOME PER COMMON SHARE (De

NET INCOME PER COMMON SHARE (Details) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares shares
Numerator:
Net income - basic | $	$ 38,152	$ 44,234	$ 75,502	$ 90,831
Add: Convertible Notes interest expense, net of tax | $	1,551	1,551	3,103	3,095
Net income - diluted | $	$ 39,703	$ 45,785	$ 78,605	$ 93,926
Denominator:
Weighted average common shares outstanding - basic (in shares)	5,620,592	5,660,751	5,619,669	5,689,588
Effect of dilutive equity-based compensation awards (in shares)	4,542	5,997	4,006	5,799
Effect of dilution from if-converted Convertible Notes (in shares)	404,248	404,248	404,248	404,248
Weighted average common shares outstanding - diluted (in shares)	6,029,382	6,070,996	6,027,923	6,099,635
Net Income per Common Share:
Basic (in dollars per share) | $ / shares	$ 6.79	$ 7.81	$ 13.44	$ 15.96
Diluted (in dollars per share) | $ / shares	$ 6.58	$ 7.54	$ 13.04	$ 15.40
Supplemental Net Income per Common Share Disclosure:
Anti-dilutive shares from equity-based compensation awards (in shares)	82,363	40,162	82,363	40,162
The 2026 Notes and the 2028 Notes
Short-Term Debt [Line Items]
Debt instrument, convertible, conversion ratio			0.4394