Cricket Wireless 2012 Annual Report Download - page 56

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Item 6. Selected Financial Data (in, thousands, except per share data)
The following selected financial data were derived from our audited consolidated financial statements.
These tables should be read in conjunction with “Item 7. Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Item 8. Financial Statements and Supplementary Data” included
elsewhere in this report.
Year Ended December 31,
2012 2011 2010 2009 2008
Statement of Operations Data:
Revenues ............................ $3,142,341 $3,071,131 $2,697,203 $2,481,321 $2,031,924
Operating income (loss)(1) .............. 157,763 (25,352) (450,738) 31,124 46,700
Loss before income taxes ............... (129,373) (278,300) (742,542) (197,354) (104,411)
Income tax expense .................... (57,904) (39,377) (42,513) (40,609) (38,970)
Net loss ........................... (187,277) (317,677) (785,055) (237,963) (143,381)
Accretion of redeemable non-controlling
interests, net of tax .................. (2,015) 3,050 (86,898) (1,529) (6,820)
Net loss attributable to common
stockholders ...................... $ (189,292) $ (314,627) $ (871,953) $ (239,492) $ (150,201)
Loss per share attributable to common
stockholders ........................
Basic (2) .......................... $ (2.45) $ (4.11) $ (11.49) $ (3.30) $ (2.21)
Diluted (2) ......................... $ (2.45) $ (4.11) $ (11.49) $ (3.30) $ (2.21)
Shares used in per share calculations: (2)
Basic ............................. 77,283 76,534 75,917 72,515 68,021
Diluted ............................ 77,283 76,534 75,917 72,515 68,021
As of December 31,
2012 2011 2010 2009 2008
Balance Sheet Data:
Cash and cash equivalents ............... $ 515,550 $ 345,243 $ 350,790 $ 174,999 $ 357,708
Short-term investments ................. 159,426 405,801 68,367 389,154 238,143
Working capital ....................... 379,792 314,508 85,305 272,974 278,576
Total assets .......................... 4,967,260 5,152,690 4,834,823 5,377,481 5,052,857
Capital leases ......................... 42,896 34,823 10,307 12,285 13,993
Long-term debt ....................... 3,298,463 3,198,749 2,832,070 2,735,318 2,566,025
Total stockholders’ equity ............... 433,132 613,315 911,282 1,690,530 1,612,676
(1) Refer to Note 5 to the consolidated financial statements included in “Item 8. Financial Statements and
Supplementary Data” of our Annual Report on Form 10-K for the year ended December 31, 2011 for
discussion of the $477.3 million of non-cash impairment recorded within operating income (loss) during the
year ended December 31, 2010.
(2) Refer to Note 2 to the consolidated financial statements included in “Item 8. Financial Statements and
Supplementary Data” for an explanation of the calculation of basic and diluted earnings (loss) per share.
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