WideOpenWest Inc. (WOW) Financial Statements (2024 and earlier)

Company Profile

Business Address 7887 EAST BELLEVIEW AVENUE, SUITE 1000
ENGLEWOOD, CO 80111
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments23,40022,60023,00021,20031,00045,300
Cash and cash equivalents23,40022,60023,00021,20031,00045,300
Receivables48,30053,90053,20048,10052,10047,200
Capitalized contract cost  16,30016,00015,70015,60015,400
Other undisclosed current assets38,50024,80027,30027,70022,20023,200
Total current assets:110,200117,600119,500112,700120,900131,100
Noncurrent Assets
Operating lease, right-of-use asset20,10018,30013,40014,50015,00016,100
Property, plant and equipment830,400787,300759,400742,700725,800709,800
Intangible assets, net (including goodwill)226,100226,200226,300811,500226,400846,600
Goodwill225,100225,100225,100225,100225,100225,100
Intangible assets, net (excluding goodwill)1,0001,1001,200586,4001,300621,500
Other noncurrent assets49,60047,20045,80045,40044,20043,400
Other undisclosed noncurrent assets 278,300325,300457,000 585,100 
Total noncurrent assets:1,404,5001,404,3001,501,9001,614,1001,596,5001,615,900
TOTAL ASSETS:1,514,7001,521,9001,621,4001,726,8001,717,4001,747,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities89,40084,50071,50086,30089,800100,100
Interest and dividends payable1,000
Taxes payable5,900
Employee-related liabilities17,100
Accounts payable59,50052,00044,90047,20046,10042,600
Accrued liabilities29,90032,50026,60039,10043,70033,500
Deferred revenue2,2002,2002,2002,2002,4002,500
Debt18,80017,20016,70017,10017,70018,100
Deferred compensation liability 2,300   1,900 
Other undisclosed current liabilities56,90065,50067,40084,80052,90032,700
Total current liabilities:169,600169,400157,800190,400164,700153,400
Noncurrent Liabilities
Long-term debt and lease obligation, including:915,700871,900851,400774,100725,000718,000
Finance lease, liability 13,600   10,200 
Other undisclosed long-term debt and lease obligation902,100871,900851,400774,100714,800705,300
Liabilities, other than long-term debt171,200181,600212,000248,000252,600270,200
Deferred revenue      300
Deferred income tax liabilities125,700138,600175,800210,800225,300248,500
Other liabilities27,50026,80026,10026,10015,70021,400
Operating lease, liability18,00016,20010,10011,10011,60012,700
Other undisclosed noncurrent liabilities      12,400
Total noncurrent liabilities:1,086,9001,053,5001,063,4001,022,100977,6001,000,600
Total liabilities:1,256,5001,222,9001,221,2001,212,5001,142,3001,154,000
Equity
Equity, attributable to parent258,200299,000400,200514,300575,100593,000
Common stock1,0001,0001,0001,0001,0001,000
Treasury stock, value(154,900)(154,700)(154,500)(137,000)(108,600)(96,200)
Additional paid in capital391,800388,900385,400380,300374,700367,500
Retained earnings20,30063,800168,300270,000308,000320,700
Total equity:258,200299,000400,200514,300575,100593,000
TOTAL LIABILITIES AND EQUITY:1,514,7001,521,9001,621,4001,726,8001,717,4001,747,000

Income Statement (P&L) ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Revenues168,800173,100172,600172,200180,500173,700
Cost of revenue(109,700)(121,600)(119,500)(121,000)(110,400)(122,100)
Cost of goods and services sold(71,700)(75,600)(75,600)(78,100)(77,600)(79,100)
Gross profit:59,10051,50053,10051,20070,10051,600
Operating expenses(94,700)(172,600)(174,500)(88,100)(95,600)(41,700)
Operating income (loss):(35,600)(121,100)(121,400)(36,900)(25,500)9,900
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
400(100)8001,2009001,500
Interest and debt expense(20,000)(18,900)(17,300)(14,900)(12,900)(10,500)
Income (loss) from continuing operations before income taxes:(55,200)(140,100)(137,900)(50,600)(37,500)900
Income tax expense (benefit)11,70035,60036,20012,60024,800(400)
Income (loss) from continuing operations:(43,500)(104,500)(101,700)(38,000)(12,700)500
Income before gain (loss) on sale of properties:500
Net income (loss) available to common stockholders, diluted:(43,500)(104,500)(101,700)(38,000)(12,700)500

Comprehensive Income ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Net income (loss):(43,500)(104,500)(101,700)(38,000)(12,700)500
Comprehensive income (loss), net of tax, attributable to parent:(43,500)(104,500)(101,700)(38,000)(12,700)500

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.

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