FairPoint Communications 2009 Annual Report Download - page 94
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Table of Contents
See accompanying notes to consolidated financial statements.
86
Operating expenses:
Cost of services and sales, excluding depreciation and amortization 514,935 576,786 555,954
Selling, general and administrative expense, excluding depreciation and
amortization 425,642 384,388 288,762
Depreciation and amortization 275,334 255,032 233,231
Other income (expense):
Interest expense (204,919) (162,040) (70,581)
Gain (loss) on derivative instruments 12,320 (11,800) —
Gain on early retirement of debt 12,357 — —
Other 2,000 3,494 3,350
Total other expense (178,242) (170,346) (67,231)
Reorganization items (53,018) — —
Income tax (expense) benefit 79,014 43,408 (19,459)
Weighted average shares outstanding:
Basic 89,271 80,443 53,761
Diluted 89,271 80,443 53,761
Earnings per share:
Basic $ (2.70) $ (0.85) $ 0.61
Diluted (2.70) (0.85) 0.61