Shenandoah Telecommunications (SHEN) 10-Q2 May 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2014	Apr. 24, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'SHENANDOAH TELECOMMUNICATIONS CO/VA/	'
Entity Central Index Key	'0000354963	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	24,096,146
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'

UNAUDITED_CONDENSED_CONSOLIDAT

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current Assets	'	'
Cash and cash equivalents	$53,681	$38,316
Accounts receivable, net	25,538	25,824
Income taxes receivable	7,745	16,576
Materials and supplies	8,577	10,715
Prepaid expenses and other	5,626	5,580
Deferred income taxes	1,169	963
Total current assets	102,336	97,974
Investments, including $2,544 and $2,528 carried at fair value	9,463	9,332
Property, plant and equipment, net	405,729	408,963
Other Assets	'	'
Intangible assets, net	69,991	70,816
Deferred charges and other assets, net	9,076	9,921
Net other assets	79,067	80,737
Total assets	596,595	597,006
Current Liabilities	'	'
Current maturities of long-term debt	11,500	5,750
Accounts payable	5,727	12,604
Advanced billings and customer deposits	12,042	11,661
Accrued compensation	2,633	4,192
Accrued liabilities and other	9,242	9,787
Total current liabilities	41,144	43,994
Long-term debt, less current maturities	218,500	224,250
Other Long-Term Liabilities	'	'
Deferred income taxes	72,202	74,547
Deferred lease payable	6,393	6,156
Asset retirement obligations	6,611	6,485
Other liabilities	8,137	7,259
Total other liabilities	93,343	94,447
Commitments and Contingencies	'	'
Shareholders' Equity	'	'
Common stock	27,783	26,759
Accumulated other comprehensive income	2,247	2,594
Retained earnings	213,578	204,962
Total shareholders' equity	243,608	234,315
Total liabilities and shareholders' equity	$596,595	$597,006

UNAUDITED_CONDENSED_CONSOLIDAT1

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current Assets	'	'
Investments at fair value	$2,544	$2,528

UNAUDITED_CONDENSED_CONSOLIDAT2

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME [Abstract]	'	'
Operating revenues	$80,452	$76,010
Operating expenses:	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	32,236	30,700
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	17,149	16,129
Depreciation and amortization	15,387	13,972
Total operating expenses	64,772	60,801
Operating income	15,680	15,209
Other income (expense):	'	'
Interest expense	-2,048	-2,152
Gain (loss) on investments, net	-18	148
Non-operating income, net	628	520
Income before income taxes	14,242	13,725
Income tax expense	5,626	5,374
Net income	8,616	8,351
Other comprehensive income:	'	'
Unrealized gain (loss) on interest rate hedge, net of tax	-347	532
Comprehensive income	$8,269	$8,883
Earnings per share:	'	'
Basic and diluted earnings per share (in dollars per share)	$0.36	$0.35
Weighted average shares outstanding, basic (in shares)	24,059	23,973
Weighted average shares, diluted (in shares)	24,221	24,032

UNAUDITED_CONDENSED_CONSOLIDAT3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
In Thousands, unless otherwise specified	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2012	$24,688	$184,023	($863)	$207,848
Balance (in shares) at Dec. 31, 2012	23,962	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Net income	0	29,586	0	29,586
Other comprehensive income (loss), net of tax	0	0	3,457	3,457
Dividends declared	0	-8,647	0	-8,647
Dividends reinvested in common stock	475	0	0	475
Dividends reinvested in common stock (in shares)	20	'	'	'
Stock based compensation	1,938	0	0	1,938
Stock options exercised	1,186	0	0	1,186
Stock options exercised (in shares)	66	'	'	'
Common stock issued for share awards	0	0	0	0
Common stock issued for share awards (in shares)	68	'	'	'
Common stock issued	10	0	0	10
Common stock issued (in shares)	1	'	'	'
Common stock repurchased	-1,600	0	0	-1,600
Common stock repurchased (in shares)	-77	'	'	'
Net excess tax benefit from stock options exercised	62	0	0	62
Balance at Dec. 31, 2013	26,759	204,962	2,594	234,315
Balance (in shares) at Dec. 31, 2013	24,040	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Net income	0	8,616	0	8,616
Other comprehensive income (loss), net of tax	0	0	-347	-347
Stock based compensation	1,147	0	0	1,147
Stock options exercised	1,110	0	0	1,110
Stock options exercised (in shares)	50	'	'	'
Common stock issued for share awards	0	0	0	0
Common stock issued for share awards (in shares)	55	'	'	'
Common stock issued	2	0	0	2
Common stock issued (in shares)	1	'	'	'
Common stock repurchased	-1,540	0	0	-1,540
Common stock repurchased (in shares)	-50	'	'	'
Net excess tax benefit from stock options exercised	305	0	0	305
Balance at Mar. 31, 2014	$27,783	$213,578	$2,247	$243,608
Balance (in shares) at Mar. 31, 2014	24,096	'	'	'

UNAUDITED_CONDENSED_CONSOLIDAT4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2013
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY [Abstract]	'
Dividends declared per share (in dollars per share)	$0.36

UNAUDITED_CONDENSED_CONSOLIDAT5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash Flows from Operating Activities	'	'
Net income	$8,616	$8,351
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	14,556	12,808
Amortization	831	1,164
Provision for bad debt	234	453
Stock based compensation expense	1,147	425
Excess tax benefits on stock awards	-305	-30
Deferred income taxes	-2,013	-1,394
Net (gain) loss on disposal of equipment	-425	100
Realized (gain) loss on disposal of investments	0	-3
Unrealized (gain) loss on investments	29	-93
Net gains from patronage and equity investments	-163	-171
Other	-12	696
(Increase) decrease in:	'	'
Accounts receivable	52	230
Materials and supplies	2,138	2,603
Income taxes receivable	8,831	2,466
Increase (decrease) in:	'	'
Accounts payable	-384	-2,815
Deferred lease payable	237	318
Other prepaids, deferrals and accruals	-772	-2,399
Net cash provided by operating activities	32,597	22,709
Cash Flows from Investing Activities	'	'
Purchase and construction of property, plant and equipment	-17,196	-26,024
Proceeds from sales of assets	0	25
Cash received from sales of equipment	84	128
Purchase of investment securities	0	-12
Proceeds from sale of investment securities	3	45
Net cash used in investing activities	-17,109	-25,838
Cash Flows from Financing Activities	'	'
Principal payments on long-term debt	0	-739
Excess tax benefits on stock awards	305	30
Repurchases of stock	-1,540	-155
Proceeds from sale of stock	1,112	2
Net cash used in financing activities	-123	-862
Net increase (decrease) in cash and cash equivalents	15,365	-3,991
Cash and cash equivalents:	'	'
Beginning	38,316	71,086
Ending	53,681	67,095
Cash payments for:	'	'
Interest	1,954	2,171
Income taxes (refunded) paid, net	($1,192)	$4,302

UNAUDITED_CONDENSED_CONSOLIDAT6

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2013
Other cash flow information:	'	'
Exchange of equipment for new equipment purchase	$3.20	'
Capital expenditures	'	$7.60

Basis_of_Presentation

Basis of Presentation	3 Months Ended
Basis of Presentation	Mar. 31, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation	'
	1. Basis of Presentation

	The interim condensed consolidated financial statements of Shenandoah Telecommunications Company and Subsidiaries (collectively, the “Company”) are unaudited. In the opinion of management, all adjustments necessary for a fair presentation of the interim results have been reflected therein. All such adjustments were of a normal and recurring nature. These statements should be read in conjunction with the consolidated financial statements and related notes in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. The balance sheet information at December 31, 2013 was derived from the audited December 31, 2013 consolidated balance sheet. Operating revenues and income from operations for any interim period are not necessarily indicative of results that may be expected for the entire year.

Property_Plant_and_Equipment

Property, Plant and Equipment	3 Months Ended
Property, Plant and Equipment	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment	'
	2. Property, Plant and Equipment

	Property, plant and equipment consisted of the following (in thousands):

		March 31,		December 31,
		2014		2013
	Plant in service	$	654,586	$	633,480
	Plant under construction		13,136		23,181
			667,722		656,661
	Less accumulated amortization and depreciation		261,993		247,698
	Net property, plant and equipment	$	405,729	$	408,963

Earnings_per_share

Earnings per share	3 Months Ended
Earnings per share	Mar. 31, 2014
Earnings per share [Abstract]	'
Earnings per share	'
	3. Earnings per share

	Basic net income per share was computed on the weighted average number of shares outstanding. Diluted net income per share was computed under the treasury stock method, assuming the conversion as of the beginning of the period, for all dilutive stock options. Of 676 thousand and 725 thousand shares and options outstanding at March 31, 2014 and 2013, respectively, 96 thousand and 341 thousand were anti-dilutive, respectively. These shares and options have been excluded from the computations of diluted earnings per share for their respective period. There were no adjustments to net income for either period.

Investments_Carried_at_Fair_Va

Investments Carried at Fair Value	3 Months Ended
Investments Carried at Fair Value	Mar. 31, 2014
Investments Carried at Fair Value [Abstract]	'
Investments Carried at Fair Value	'
	4. Investments Carried at Fair Value

	Investments include $2.5 million of investments carried at fair value at both March 31, 2014 and December 31, 2013, consisting of equity, bond and money market mutual funds. These investments were acquired under a rabbi trust arrangement related to a non-qualified supplemental retirement plan maintained by the Company. During the three months ended March 31, 2014, the Company recognized $45 thousand in dividend and interest income from investments and recorded net unrealized losses of $29 thousand on these investments. Fair values for these investments held under the rabbi trust were determined by Level 1 quoted market prices for the underlying mutual funds.

Financial_Instruments

Financial Instruments	3 Months Ended
Financial Instruments	Mar. 31, 2014
Financial Instruments [Abstract]	'
Financial Instruments	'
	5. Financial Instruments

	Financial instruments on the consolidated balance sheets that approximate fair value include: cash and cash equivalents, receivables, investments carried at fair value, payables, accrued liabilities, interest rate swaps and variable rate long-term debt.

Derivative_Instruments_Hedging

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2014
Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income [Abstract]	'
Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income	'
	6. Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income

	The Company’s objectives in using interest rate derivatives are to add stability to cash flows and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps (both those designated as cash flow hedges as well as those not designated as cash flow hedges) involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.

	The Company entered into a pay-fixed, receive-variable interest rate swap of $63.3 million of notional principal in August 2010. This interest rate swap was not designated as a cash flow hedge. Changes in the fair value of interest rate swaps not designated as cash flow hedges are recorded in interest expense each reporting period. The change in fair value recorded in interest expense for the three months ended March 31, 2013 was a decrease of $104 thousand. This swap expired in July 2013.

	The Company entered into a pay-fixed, receive-variable interest rate swap of $174.6 million of notional principal in September 2012. This interest rate swap was designated as a cash flow hedge. The total outstanding notional amount of cash flow hedges was $174.6 million as of March 31, 2014.

	The effective portion of changes in the fair value of interest rate swaps designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The Company uses its derivatives to hedge the variable cash flows associated with existing variable-rate debt. The ineffective portion of the change in fair value of the derivative is recognized directly in earnings through interest expense. No hedge ineffectiveness was recognized during any of the periods presented.

	Amounts reported in accumulated other comprehensive income related to the interest rate swap designated and that qualifies as a cash flow hedge are reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. As of March 31, 2014, the Company estimates that $1.6 million will be reclassified as an increase to interest expense during the next twelve months due to the interest rate swap since the fixed interest rate paid on the hedge exceeds the variable interest rate on the debt.

	The table below presents the fair value of the Company’s derivative financial instruments as well as its classification on the consolidated balance sheet as of March 31, 2014 and December 31, 2013 (in thousands; amounts in parentheses indicate debits):

		Derivatives
				Fair Value as of
		Balance Sheet		March 31,				December 31,
		Location		2014				2013

	Derivatives designated as hedging instruments:
	Interest rate swaps	Accrued liabilities and other		$	1,639			$	1,590
		Deferred charges and other assets net			(5,396	)			(5,926	)
	Total derivatives designated as hedging instruments			$	(3,757	)		$	(4,336	)

	The fair value of interest rate swaps is determined using a pricing model with inputs that are observable in the market (level 2 fair value inputs).

	The table below presents change in accumulated other comprehensive income by component for the three months ended March 31, 2014 (in thousands; amounts in parentheses indicate debits):

			Gains and				Income				Accumulated
			(Losses) on				Taxes				Other
			Cash Flow								Comprehensive
			Hedges								Income (Loss)

	Balance as of December 31, 2013		$	4,336			$	(1,742	)		$	2,594
	Other comprehensive income before reclassifications			(1,002	)			401				(601	)
	Amounts reclassified from accumulated other comprehensive income (to interest expense)			423				(169	)			254
	Net current period other comprehensive income			(579	)			232				(347	)
	Balance as of March 31, 2014		$	3,757			$	(1,510	)		$	2,247

Segment_Information

Segment Information	3 Months Ended
Segment Information	Mar. 31, 2014
Segment Information [Abstract]	'
Segment Information	'
	7. Segment Information

	Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision makers. The Company has three reportable segments, which the Company operates and manages as strategic business units organized by lines of business: (1) Wireless, (2) Cable, and (3) Wireline. A fourth segment, Other, primarily includes Shenandoah Telecommunications Company, the parent holding company.

	The Wireless segment provides digital wireless service to a portion of a four-state area covering the region from Harrisburg, York and Altoona, Pennsylvania, to Harrisonburg, Virginia, as a Sprint PCS Affiliate. This segment also owns cell site towers built on leased land, and leases space on these towers to both affiliates and non-affiliated service providers.

	The Cable segment provides video, internet and voice services in Virginia, West Virginia and Maryland. It does not include video, internet and voice services provided to customers in Shenandoah County, Virginia.

	The Wireline segment provides regulated and unregulated voice services, DSL internet access, and long distance access services throughout Shenandoah County and portions of Rockingham, Frederick, Warren and Augusta counties, Virginia. The segment also provides video services in portions of Shenandoah County, and leases fiber optic facilities throughout the northern Shenandoah Valley of Virginia, northern Virginia and adjacent areas along the Interstate 81 corridor, including portions of West Virginia and Maryland.

	Effective for fiscal year 2014, our segment presentations were updated to reflect two changes. First, in late 2013, the Company restructured its management team to primarily align its organization with its operating segments (Wireless, Cable and Wireline), rather than on a functional basis (sales and marketing, operations and engineering). As part of this restructuring, the Company determined that the operations associated with its video product offered in Shenandoah County, Virginia, would be included in the Wireline segment. The video services offered in Shenandoah County share much of the network which the regulated telephone company uses to serve its customers. These services had previously been included in the Cable segment.

	Second, primarily as a result of the restructuring described above, the Company’s allocations of certain shared general and administrative expenses were updated to reflect how our senior management team makes financial decisions and manages resources. Since the Vice Presidents managing the operating segments do not directly control these expenses, the Company has chosen to record these at the holding company. As a result, certain costs, including finance and accounting, executive management, legal, and human resources, are now recorded to the Other segment as corporate costs. In this way, segment performance presents a clearer picture of the trends in an individual segment’s profitability.

	The segment information provided below has been updated to reflect these presentation changes for all periods presented.

	Three months ended March 31, 2014

	(in thousands)

			Wireless				Cable			Wireline		Other			Eliminations			Consolidated
			Wireless				Cable			Wireline		Other			Eliminations			Totals
	External revenues
	Service revenues		$	47,232			$	17,424		$	5,100	$	-		$	-		$	69,756
	Other			2,756				3,030			4,910		-			-			10,696
	Total external revenues			49,988				20,454			10,010		-			-			80,452
	Internal revenues			1,091				26			5,765		-			(6,882	)		-
	Total operating revenues			51,079				20,480			15,775		-			(6,882	)		80,452

	Operating expenses
	Costs of goods and services, exclusive of depreciation and amortization shown separately below			18,657				12,390			7,482		-			(6,293	)		32,236
	Selling, general and administrative, exclusive of depreciation and amortization shown separately below			8,432				4,646			1,244		3,416			(589	)		17,149
	Depreciation and amortization			7,196				5,404			2,697		90			-			15,387
	Total operating expenses			34,285				22,440			11,423		3,506			(6,882	)		64,772
	Operating income (loss)		$	16,794			$	(1,960	)	$	4,352	$	(3,506	)	$	-		$	15,680

	Three months ended March 31, 2013

	(in thousands)

			Wireless				Cable			Wireline		Other			Eliminations			Consolidated
			Wireless				Cable			Wireline		Other			Eliminations			Totals
	External revenues
	Service revenues		$	44,065			$	16,163		$	5,117	$	-		$	-		$	65,345
	Other			3,019				2,301			5,345		-			-			10,665
	Total external revenues			47,084				18,464			10,462		-			-			76,010
	Internal revenues			1,073				49			4,639		-			(5,761	)		-
	Total operating revenues			48,157				18,513			15,101		-			(5,761	)		76,010

	Operating expenses
	Costs of goods and services, exclusive of depreciation and amortization shown separately below			17,530				11,222			7,166		-			(5,218	)		30,700
	Selling, general and administrative, exclusive of depreciation and amortization shown separately below			7,887				4,425			1,361		2,999			(543	)		16,129
	Depreciation and amortization			6,028				5,205			2,731		8			-			13,972
	Total operating expenses			31,445				20,852			11,258		3,007			(5,761	)		60,801
	Operating income (loss)		$	16,712			$	(2,339	)	$	3,843	$	(3,007	)		-		$	15,209

	A reconciliation of the total of the reportable segments’ operating income to consolidated income from continuing operations before income taxes is as follows:

			Three Months Ended
			March 31,
			2014				2013
	Total consolidated operating income		$	15,680			$	15,209
	Interest expense			(2,048	)			(2,152	)
Non-operating income (expense), net			610				668
Income before income taxes		$	14,242			$	13,725

The Company's assets by segment are as follows:
(in thousands)
		March 31,				December 31,
		2014				2013

Wireless		$	215,734			$	229,038
Cable			209,320				199,184
Wireline			87,777				92,455
Other			428,761				435,804
Combined totals			941,592				956,481
Inter-segment eliminations			(344,997	)			(359,475	)
Consolidated totals		$	596,595			$	597,006

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	8. Income Taxes

	The Company files U.S. federal income tax returns and various state and local income tax returns. With few exceptions, years prior to 2010 are no longer subject to examination. The Company is under audit in the state of Maryland for the 2009, 2010 and 2011 tax years, and in the state of Pennsylvania for the 2009 tax year. No other state or federal income tax audits were in process as of March 31, 2014.

Property_Plant_and_Equipment_T

Property, Plant and Equipment (Tables)	3 Months Ended
Property, Plant and Equipment (Tables)	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment	'
	Property, plant and equipment consisted of the following (in thousands):

		March 31,		December 31,
		2014		2013
	Plant in service	$	654,586	$	633,480
	Plant under construction		13,136		23,181
			667,722		656,661
	Less accumulated amortization and depreciation		261,993		247,698
	Net property, plant and equipment	$	405,729	$	408,963

Derivative_Instruments_Hedging1

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2014
Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income [Abstract]	'
Schedule of derivative financial instruments as well as its classification on the consolidated balance sheet	'
	The table below presents the fair value of the Company’s derivative financial instruments as well as its classification on the consolidated balance sheet as of March 31, 2014 and December 31, 2013 (in thousands; amounts in parentheses indicate debits):

		Derivatives
				Fair Value as of
		Balance Sheet		March 31,				December 31,
		Location		2014				2013

	Derivatives designated as hedging instruments:
	Interest rate swaps	Accrued liabilities and other		$	1,639			$	1,590
		Deferred charges and other assets net			(5,396	)			(5,926	)
	Total derivatives designated as hedging instruments			$	(3,757	)		$	(4,336	)

Schedule of accumulated other comprehensive income (loss)	'
	The table below presents change in accumulated other comprehensive income by component for the three months ended March 31, 2014 (in thousands; amounts in parentheses indicate debits):

			Gains and				Income				Accumulated
			(Losses) on				Taxes				Other
			Cash Flow								Comprehensive
			Hedges								Income (Loss)

	Balance as of December 31, 2013		$	4,336			$	(1,742	)		$	2,594
	Other comprehensive income before reclassifications			(1,002	)			401				(601	)
	Amounts reclassified from accumulated other comprehensive income (to interest expense)			423				(169	)			254
	Net current period other comprehensive income			(579	)			232				(347	)
	Balance as of March 31, 2014		$	3,757			$	(1,510	)		$	2,247

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Mar. 31, 2014
Segment Information [Abstract]	'
Selected Financial Data for Segments	'
	The segment information provided below has been updated to reflect these presentation changes for all periods presented.

	Three months ended March 31, 2014

	(in thousands)

		Wireless			Cable			Wireline		Other			Eliminations			Consolidated
		Wireless			Cable			Wireline		Other			Eliminations			Totals
	External revenues
	Service revenues	$	47,232		$	17,424		$	5,100	$	-		$	-		$	69,756
	Other		2,756			3,030			4,910		-			-			10,696
	Total external revenues		49,988			20,454			10,010		-			-			80,452
	Internal revenues		1,091			26			5,765		-			(6,882	)		-
	Total operating revenues		51,079			20,480			15,775		-			(6,882	)		80,452

	Operating expenses
	Costs of goods and services, exclusive of depreciation and amortization shown separately below		18,657			12,390			7,482		-			(6,293	)		32,236
	Selling, general and administrative, exclusive of depreciation and amortization shown separately below		8,432			4,646			1,244		3,416			(589	)		17,149
	Depreciation and amortization		7,196			5,404			2,697		90			-			15,387
	Total operating expenses		34,285			22,440			11,423		3,506			(6,882	)		64,772
	Operating income (loss)	$	16,794		$	(1,960	)	$	4,352	$	(3,506	)	$	-		$	15,680

	Three months ended March 31, 2013

	(in thousands)

		Wireless			Cable			Wireline		Other			Eliminations			Consolidated
		Wireless			Cable			Wireline		Other			Eliminations			Totals
	External revenues
	Service revenues	$	44,065		$	16,163		$	5,117	$	-		$	-		$	65,345
	Other		3,019			2,301			5,345		-			-			10,665
	Total external revenues		47,084			18,464			10,462		-			-			76,010
	Internal revenues		1,073			49			4,639		-			(5,761	)		-
	Total operating revenues		48,157			18,513			15,101		-			(5,761	)		76,010

	Operating expenses
	Costs of goods and services, exclusive of depreciation and amortization shown separately below		17,530			11,222			7,166		-			(5,218	)		30,700
	Selling, general and administrative, exclusive of depreciation and amortization shown separately below		7,887			4,425			1,361		2,999			(543	)		16,129
	Depreciation and amortization		6,028			5,205			2,731		8			-			13,972
	Total operating expenses		31,445			20,852			11,258		3,007			(5,761	)		60,801
	Operating income (loss)	$	16,712		$	(2,339	)	$	3,843	$	(3,007	)		-		$	15,209
Reconciliation of Income from Continuing Operations from Segments to Consolidated	'
	A reconciliation of the total of the reportable segments’ operating income to consolidated income from continuing operations before income taxes is as follows:

		Three Months Ended
		March 31,
		2014			2013
	Total consolidated operating income	$	15,680		$	15,209
	Interest expense		(2,048	)		(2,152	)
	Non-operating income (expense), net		610			668
	Income before income taxes	$	14,242		$	13,725
Assets by Segment	'
	The Company's assets by segment are as follows:
	(in thousands)
		March 31,			December 31,
		2014			2013

	Wireless	$	215,734		$	229,038
	Cable		209,320			199,184
	Wireline		87,777			92,455
	Other		428,761			435,804
	Combined totals		941,592			956,481
	Inter-segment eliminations		(344,997	)		(359,475	)
	Consolidated totals	$	596,595		$	597,006

Property_Plant_and_Equipment_D

Property, Plant and Equipment (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Property, plant and equipment [Abstract]	'	'
Total property, plant and equipment	$667,722	$656,661
Less accumulated amortization and depreciation	261,993	247,698
Property, plant and equipment, net	405,729	408,963
Plant in Service [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Total property, plant and equipment	654,586	633,480
Plant under Construction [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Total property, plant and equipment	$13,136	$23,181

Earnings_per_share_Details

Earnings per share (Details)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings per share [Abstract]	'	'
Shares and options outstanding (in shares)	676	725
Options [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive securities excluded from computation of diluted earnings per share (in shares)	96	341

Investments_Carried_at_Fair_Va1

Investments Carried at Fair Value (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Investments Carried at Fair Value [Abstract]	'	'	'
Investments at fair value	$2,544	'	$2,528
Dividend and interest income from investments	45	'	'
Net unrealized losses recognized	($29)	$93	'

Derivative_Instruments_Hedging2

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income (Details) (USD $)

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Sep. 30, 2012

Aug. 31, 2010

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Gains and (Losses) on Cash Flow Hedges [Member]

Interest Rate Swap [Member]

Designated as Hedging Instrument [Member]

Interest Expense [Member]

Interest Rate Swap [Member]

Accrued liabilities and other [Member]

Deferred charges, and other assets net [Member]

Interest Rate Swap [Member]

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income [Abstract]

Notional amount of cash flow hedges

$174,600,000

Derivative Instruments, Gain (Loss) [Line Items]

Changes in fair value recorded in interest expense

-104,000

Amount reclassified as an increase to interest expense during next twelve months

1,600,000

Derivatives, Fair Value [Line Items]

Amount of notional principal interest rate swap

174,600,000

63,300,000

Derivative, expiry date

31-Jul-13

Derivatives Liabilities, Fair Value

1,639,000

1,590,000

Derivative Assets, Fair Value

-5,396,000

-5,926,000

Derivative Assets (Liabilities), at Fair Value, Net

-3,757,000

-4,336,000

Accumulated Other Comprehensive Income (Loss), before Tax [Abstract]

Accumulated Other Comprehensive Income (Loss), before Tax

4,336,000

Other Comprehensive Income Loss Before Reclassifications Before Tax

-1,002,000

Amounts reclassified from accumulated other comprehensive income (to interest expense), before tax

423,000

Net current period other comprehensive income before tax

-579,000

Accumulated Other Comprehensive Income (Loss), before Tax

3,757,000

Accumulated Other Comprehensive Income (Loss), Tax [Abstract]

Accumulated Other Comprehensive Income (Loss), Tax

-1,742,000

Other comprehensive income before reclassifications, tax

401,000

Amounts reclassified From accumulated other comprehensive income tax (to interest expense)

-169,000

Net current period other comprehensive income, tax

232,000

Accumulated Other Comprehensive Income (Loss), Tax

-1,510,000

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss), Net of Tax, Total

2,247,000

2,594,000

Other comprehensive income before reclassifications, net of tax

-601,000

Amounts reclassified from accumulated other comprehensive income (to interest expense), net of tax

254,000

Net current period other comprehensive income, net of tax

-347,000

Accumulated Other Comprehensive Income (Loss), Net of Tax, Total

$2,247,000

$2,594,000

$2,247,000

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
	Segment
	State
Segment Information [Abstract]	'	'	'
Number of reportable segments	3	'	'
Non Sprint-Nextel operations, number of states	4	'	'
External revenues [Abstract]	'	'	'
Service revenues	$69,756	$65,345	'
Other revenues	10,696	10,665	'
Total external revenues	80,452	76,010	'
Internal revenues	0	0	'
Total operating revenues	80,452	76,010	'
Operating expenses [Abstract]	'	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	32,236	30,700	'
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	17,149	16,129	'
Depreciation and amortization	15,387	13,972	'
Total operating expenses	64,772	60,801	'
Operating income (loss)	15,680	15,209	'
Reconciliation of income from continuing operations from segments to consolidated [Abstract]	'	'	'
Total consolidated operating income	15,680	15,209	'
Interest expense	-2,048	-2,152	'
Non-operating income (expense), net	610	668	'
Income before income taxes	14,242	13,725	'
Assets by segment [Abstract]	'	'	'
Assets	596,595	'	597,006
Wireless [Member]	'	'	'
External revenues [Abstract]	'	'	'
Service revenues	47,232	44,065	'
Other revenues	2,756	3,019	'
Total external revenues	49,988	47,084	'
Internal revenues	1,091	1,073	'
Total operating revenues	51,079	48,157	'
Operating expenses [Abstract]	'	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	18,657	17,530	'
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	8,432	7,887	'
Depreciation and amortization	7,196	6,028	'
Total operating expenses	34,285	31,445	'
Operating income (loss)	16,794	16,712	'
Reconciliation of income from continuing operations from segments to consolidated [Abstract]	'	'	'
Total consolidated operating income	16,794	16,712	'
Assets by segment [Abstract]	'	'	'
Assets	215,734	'	229,038
Cable [Member]	'	'	'
External revenues [Abstract]	'	'	'
Service revenues	17,424	16,163	'
Other revenues	3,030	2,301	'
Total external revenues	20,454	18,464	'
Internal revenues	26	49	'
Total operating revenues	20,480	18,513	'
Operating expenses [Abstract]	'	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	12,390	11,222	'
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	4,646	4,425	'
Depreciation and amortization	5,404	5,205	'
Total operating expenses	22,440	20,852	'
Operating income (loss)	-1,960	-2,339	'
Reconciliation of income from continuing operations from segments to consolidated [Abstract]	'	'	'
Total consolidated operating income	-1,960	-2,339	'
Assets by segment [Abstract]	'	'	'
Assets	209,320	'	199,184
Wireline [Member]	'	'	'
External revenues [Abstract]	'	'	'
Service revenues	5,100	5,117	'
Other revenues	4,910	5,345	'
Total external revenues	10,010	10,462	'
Internal revenues	5,765	4,639	'
Total operating revenues	15,775	15,101	'
Operating expenses [Abstract]	'	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	7,482	7,166	'
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	1,244	1,361	'
Depreciation and amortization	2,697	2,731	'
Total operating expenses	11,423	11,258	'
Operating income (loss)	4,352	3,843	'
Reconciliation of income from continuing operations from segments to consolidated [Abstract]	'	'	'
Total consolidated operating income	4,352	3,843	'
Assets by segment [Abstract]	'	'	'
Assets	87,777	'	92,455
Other [Member]	'	'	'
External revenues [Abstract]	'	'	'
Service revenues	0	0	'
Other revenues	0	0	'
Total external revenues	0	0	'
Internal revenues	0	0	'
Total operating revenues	0	0	'
Operating expenses [Abstract]	'	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	0	0	'
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	3,416	2,999	'
Depreciation and amortization	90	8	'
Total operating expenses	3,506	3,007	'
Operating income (loss)	-3,506	-3,007	'
Reconciliation of income from continuing operations from segments to consolidated [Abstract]	'	'	'
Total consolidated operating income	-3,506	-3,007	'
Assets by segment [Abstract]	'	'	'
Assets	428,761	'	435,804
Eliminations [Member]	'	'	'
External revenues [Abstract]	'	'	'
Service revenues	0	0	'
Other revenues	0	0	'
Total external revenues	0	0	'
Internal revenues	-6,882	-5,761	'
Total operating revenues	-6,882	-5,761	'
Operating expenses [Abstract]	'	'	'
Cost of goods and services, exclusive of depreciation and amortization shown separately below	-6,293	-5,218	'
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	-589	-543	'
Depreciation and amortization	0	0	'
Total operating expenses	-6,882	-5,761	'
Operating income (loss)	0	0	'
Reconciliation of income from continuing operations from segments to consolidated [Abstract]	'	'	'
Total consolidated operating income	0	0	'
Assets by segment [Abstract]	'	'	'
Assets	-344,997	'	-359,475
Total Segments [Member]	'	'	'
Assets by segment [Abstract]	'	'	'
Assets	$941,592	'	$956,481