Annual report pursuant to Section 13 and 15(d)

Business and Summary of Significant Accounting Principles (Tables)

v3.6.0.2
Business and Summary of Significant Accounting Principles (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of Consideration Transferred to Acquire Assets and Interest
The following table summarizes the allocation of total consideration transferred to ACS between the AWN NCI Acquisition and the Acquired ACS Assets excluding working capital adjustments (amounts in thousands):
Total consideration transferred to ACS
 
$
304,838

 
 
 
Allocation of consideration between wireless assets and non-controlling interest acquired:
 
 
AWN non-controlling interest
 
$
303,831

Property and equipment
 
746

Other intangible assets
 
261

Total consideration
 
$
304,838

Changes in Noncontrolling Interest
The impact of the AWN NCI Acquisition is summarized in the following table (amounts in thousands):
Reduction of non-controlling interest
 
$
268,364

Increase in deferred tax assets
 
9,583

Additional paid-in capital
 
25,884

Fair value of consideration paid for acquisition of equity interest
 
$
303,831

Schedule of Property Plant And Equipment Useful Life
Depreciation is computed using the straight-line method based upon the shorter of the estimated useful lives of the assets or the lease term, if applicable, in the following ranges:
Asset Category
Asset Lives
Telephony transmission equipment and distribution facilities
5-20 years
Fiber optic cable systems
15-25 years
Cable transmission equipment and distribution facilities
5-30 years
Support equipment and systems
3-20 years
Transportation equipment
5-13 years
Property and equipment under capital leases
12-20 years
Buildings
25 years
Customer premise equipment
2-20 years
Studio equipment
10-15 years
Schedule of Asset Retirement Obligations
Following is a reconciliation of the beginning and ending aggregate carrying amounts of our liability for asset retirement obligations (amounts in thousands):
Balance at December 31, 2014
$
31,940

Liability incurred
2,048

Accretion expense
1,121

Liability settled
(49
)
Balance at December 31, 2015
35,060

Liability incurred
1,580

Revisions in estimated cash flows, including adjustment from tower transaction (Note 2)
3,368

Accretion expense
1,229

Liability settled
(82
)
Balance at December 31, 2016
$
41,155

Excise and Sales Taxes
The following are certain surcharges reported on a gross basis in our Consolidated Statements of Operations (amounts in thousands):
 
Years Ended December 31,
 
2016
 
2015
 
2014
Surcharges reported gross
$
3,849

 
5,058

 
4,252