Cricket Wireless 2010 Annual Report Download - page 161
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Please find page 161 of the 2010 Cricket Wireless annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Condensed Consolidating Statement of Operations for the Year Ended December 31, 2009
(in thousands):
Guarantor
Parent
Company
Issuing
Subsidiary
Guarantor
Subsidiary
Non-Guarantor
Subsidiaries
Consolidating
and
Eliminating
Adjustments Consolidated
Revenues:
Service revenues . . . . . . . . . $ — $2,241,945 $ — $— $ 43 $2,241,988
Equipment revenues . . . . . . . — 239,333 — — — 239,333
Other revenues . . . . . . . . . . — 612 89,022 — (89,634) —
Total revenues . . . . . . . . . — 2,481,890 89,022 — (89,591) 2,481,321
Operating expenses:
Cost of service (exclusive of
items shown separately
below) . . . . . . . . . . . . . . — 796,051 — — (88,886) 707,165
Cost of equipment . . . . . . . . — 561,262 — — — 561,262
Selling and marketing. . . . . . — 411,564 — — — 411,564
General and administrative . . 8,728 349,519 910 — (705) 358,452
Depreciation and
amortization. . . . . . . . . . . — 410,697 — — — 410,697
Impairment of assets . . . . . . — — 639 — — 639
Total operating expenses . . 8,728 2,529,093 1,549 — (89,591) 2,449,779
Gain (loss) on sale or disposal
of assets, net . . . . . . . . . . . . — (4,844) 4,426 — — (418)
Operating income (loss) . . . . (8,728) (52,047) 91,899 — — 31,124
Equity in net income (loss) of
consolidated subsidiaries. . . . (242,607) 91,899 — — 150,708 —
Equity in net income of
investees . . . . . . . . . . . . . . . — 3,946 — — — 3,946
Interest income . . . . . . . . . . . . 24,455 3,601 — — (24,250) 3,806
Interest expense . . . . . . . . . . . (12,612) (222,027) — — 24,250 (210,389)
Other income, net . . . . . . . . . . — 469 — — — 469
Loss on extinguishment of
debt . . . . . . . . . . . . . . . . . . — (26,310) — — — (26,310)
Income (loss) before income
taxes . . . . . . . . . . . . . . . . (239,492) (200,469) 91,899 — 150,708 (197,354)
Income tax expense . . . . . . . . . — (40,609) — — — (40,609)
Net income (loss) . . . . . . . . (239,492) (241,078) 91,899 — 150,708 (237,963)
Accretion of redeemable non-
controlling interests, net of
tax . . . . . . . . . . . . . . . . . . . — (1,529) — — — (1,529)
Net income (loss) attributable
to common stockholders . . $(239,492) $ (242,607) $91,899 $— $150,708 $ (239,492)
A-5
LEAP WIRELESS INTERNATIONAL, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)