Alaska Communications Systems Group, Inc. (ALSK) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
600 TELEPHONE AVENUE ANCHORAGE, AK 99503 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 20,078 | 26,796 | 13,485 | 4,354 | 21,228 | 36,001 | |||
| Cash and cash equivalents | 19,644 | 26,662 | 13,351 | 4,354 | 21,228 | 36,001 | |||
| Short-term investments | 434 | 134 | 134 | ||||||
| Restricted cash and investments | 1,326 | 1,631 | 1,634 | 11,814 | 1,917 | 1,824 | |||
| Receivables | 42,246 | 36,864 | 36,559 | 32,535 | 25,062 | 25,225 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,624 | 8,900 | 6,737 | 7,046 | 4,917 | 4,674 | |||
| Inventory | 7,624 | 8,900 | 6,737 | 7,046 | 4,917 | 4,674 | |||
| Prepaid expense | 2,619 | 3,528 | 3,878 | ||||||
| Other current assets | 3,432 | 3,579 | 3,204 | ||||||
| Other undisclosed current assets | 6,115 | 5,995 | 8,068 | ||||||
| Total current assets: | 77,325 | 81,298 | 65,497 | 61,864 | 59,119 | 75,792 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 89,821 | 80,991 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 390,916 | 382,358 | 373,180 | 366,113 | 366,849 | 369,322 | |||
| Other noncurrent assets | 11,370 | 12,598 | 16,010 | 11,415 | 1,674 | 1,827 | |||
| Other undisclosed noncurrent assets | 498 | 3,394 | 14,718 | 16,660 | |||||
| Total noncurrent assets: | 492,107 | 475,947 | 389,688 | 380,922 | 383,241 | 387,809 | |||
| TOTAL ASSETS: | 569,432 | 557,245 | 455,185 | 442,786 | 442,360 | 463,601 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 32,962 | 27,111 | 28,100 | 27,025 | 28,177 | 33,419 | |||
| Employee-related liabilities | 14,587 | 12,193 | 13,473 | 9,286 | 14,395 | 17,362 | |||
| Accounts payable | 18,375 | 14,918 | 14,627 | 17,739 | 13,782 | 16,057 | |||
| Deferred revenue | 8,781 | 7,311 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 9,067 | 8,906 | 2,289 | 17,030 | 1,973 | 3,671 | |||
| Other liabilities | 4,617 | 4,686 | 6,762 | 4,306 | 5,501 | 12,356 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 4,817 | 4,502 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 32 | 31 | 31 | ||
| Other undisclosed current liabilities | 6,732 | 6,556 | 10,119 | 4,181 | 4,136 | 9,982 | |||
| Total current liabilities: | 62,159 | 54,570 | 47,270 | 57,391 | 44,320 | 59,459 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 159,641 | 167,476 | 168,023 | 168,959 | 177,626 | 185,018 | |||
| Finance lease, liability | 2,609 | 2,676 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 157,032 | 164,800 | 168,023 | 168,959 | 177,626 | 185,018 | |||
| Liabilities, other than long-term debt | 100,610 | 82,923 | 70,142 | 61,926 | 61,538 | 65,265 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 2,315 | 596 | ||||
| Deferred income tax liabilities | 5,846 | 4,403 | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 94,764 | 78,520 | 67,827 | 61,330 | 61,538 | 65,265 | |||
| Other undisclosed noncurrent liabilities | 81,103 | 78,767 | |||||||
| Total noncurrent liabilities: | 341,354 | 329,166 | 238,165 | 230,885 | 239,164 | 250,283 | |||
| Total liabilities: | 403,513 | 383,736 | 285,435 | 288,276 | 283,484 | 309,742 | |||
| Equity | |||||||||
| Equity, attributable to parent | 165,156 | 172,663 | 168,811 | 153,519 | 157,831 | 152,756 | |||
| Common stock | 549 | 541 | 533 | 525 | 515 | 505 | |||
| Treasury stock, value | (1,812) | (1,812) | |||||||
| Additional paid in capital | 163,317 | 161,844 | 160,514 | 158,969 | 159,474 | 156,971 | |||
| Accumulated other comprehensive loss | (6,340) | (3,277) | (2,675) | (2,396) | (2,910) | (3,086) | |||
| Retained earnings (accumulated deficit) | 9,442 | 15,367 | 10,439 | (3,579) | 752 | (1,634) | |||
| Equity, attributable to noncontrolling interest | 763 | 846 | 939 | 991 | 1,045 | 1,103 | |||
| Total equity: | 165,919 | 173,509 | 169,750 | 154,510 | 158,876 | 153,859 | |||
| TOTAL LIABILITIES AND EQUITY: | 569,432 | 557,245 | 455,185 | 442,786 | 442,360 | 463,601 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 240,569 | 231,694 | 232,468 | 226,905 | 226,866 | 281,049 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 226,905 | 226,866 | 232,817 | |
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | 48,232 | |||
| Cost of revenue | (112,683) | (105,771) | (107,634) | (104,654) | (102,137) | (109,067) | ||
| Cost of goods and services sold | (112,443) | (105,615) | (107,509) | (104,604) | (102,137) | (107,162) | ||
| Other undisclosed gross profit | 125 | 50 | (51,288) | |||||
| Gross profit: | 127,886 | 125,923 | 124,959 | 122,301 | 124,729 | 120,694 | ||
| Operating expenses | (115,990) | (103,994) | (100,555) | (103,544) | (105,220) | (76,004) | ||
| Other undisclosed operating income (loss) | (125) | (50) | 3,056 | |||||
| Operating income: | 11,896 | 21,929 | 24,279 | 18,707 | 19,509 | 47,746 | ||
| Nonoperating expense | (10,387) | (14,329) | (13,250) | (22,353) | (15,757) | (24,661) | ||
| Interest and debt expense | (11,000) | (2,830) | (13,429) | (7,527) | (336) | (4,878) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (9,491) | 4,770 | (2,400) | (11,173) | 3,416 | 18,207 | ||
| Other undisclosed income from continuing operations before income taxes | 11,000 | 2,830 | 13,429 | 7,527 | 336 | 4,878 | ||
| Income (loss) from continuing operations before income taxes: | 1,509 | 7,600 | 11,029 | (3,646) | 3,752 | 23,085 | ||
| Income tax expense | (2,665) | (2,765) | (2,041) | (2,584) | (1,499) | (10,200) | ||
| Income (loss) from continuing operations: | (1,156) | 4,835 | 8,988 | (6,230) | 2,253 | 12,885 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (1,156) | 4,835 | 8,988 | (6,230) | 2,253 | 12,885 | |
| Net income (loss): | (1,156) | 4,835 | 8,988 | (6,230) | 2,253 | 12,885 | ||
| Net income attributable to noncontrolling interest | 83 | 93 | 92 | 129 | 133 | 69 | ||
| Net income (loss) available to common stockholders, diluted: | (1,073) | 4,928 | 9,080 | (6,101) | 2,386 | 12,954 | ||
Comprehensive Income ($ in thousands)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,156) | 4,835 | 8,988 | (6,230) | 2,253 | 12,885 | ||
| Other comprehensive income (loss) | (567) | 144 | (222) | 364 | 176 | 2,065 | ||
| Other undisclosed comprehensive income (loss) | (2,496) | (746) | (57) | 575 | ||||
| Comprehensive income (loss): | (4,219) | 4,233 | 8,709 | (5,291) | 2,429 | 14,950 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 83 | 93 | 92 | 129 | 133 | 69 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (4,136) | 4,326 | 8,801 | (5,162) | 2,562 | 15,019 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.