v2.3.0.11
Condensed Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Share data
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES:        
Service revenues $ 1,113,292 $ 922,137 $ 2,163,509 $ 1,775,420
Equipment revenues 96,161 90,399 240,320 207,619
Total revenues 1,209,453 1,012,536 2,403,829 1,983,039
OPERATING EXPENSES:        
Cost of service (excluding depreciation and amortization expense of $115,455, $95,883, $227,282, and $190,826 shown separately below) 366,030 308,168 707,447 592,820
Cost of equipment 342,534 235,354 751,796 549,092
Selling, general and administrative expenses (excluding depreciation and amortization expense of $19,070, $13,419, $35,937, and $26,276 shown separately below) 154,556 158,600 324,327 318,510
Depreciation and amortization 134,525 109,302 263,219 217,102
Loss on disposal of assets 1,553 2,700 1,448 1,872
Total operating expenses 999,198 814,124 2,048,237 1,679,396
Income from operations 210,255 198,412 355,592 303,643
OTHER EXPENSE (INCOME):        
Interest expense 66,980 65,503 123,541 132,985
Interest income (511) (392) (1,026) (856)
Other (income) expense, net (186) 479 (442) 934
Loss on extinguishment of debt 9,536 0 9,536 0
Total other expense (75,819) (65,590) (131,609) (133,063)
Income before provision for income taxes 134,436 132,822 223,983 170,580
Provision for income taxes (50,101) (52,907) (83,269) (68,004)
Net income 84,335 79,915 140,714 102,576
Other comprehensive income (loss):        
Unrealized gains on available-for-sale securities, net of tax of $40, $58, $102 and $78, respectively 66 91 165 124
Unrealized losses on cash flow hedging derivatives, net of tax benefit of $8,299, $2,658, $7,923, and $6,437, respectively (13,374) (4,191) (12,774) (10,218)
Reclassification adjustment for gains on available-for-sale securities included in net income, net of tax of $57, $34, $122, and $83, respectively (93) (53) (197) (133)
Reclassification adjustment for losses on cash flow hedging derivatives included in net income, net of tax benefit of $2,319, $3,214, $4,118, and $7,436, respectively 3,762 5,071 6,639 11,805
Total other comprehensive (loss) income (9,639) 918 (6,167) 1,578
Comprehensive income $ 74,696 $ 80,833 $ 134,547 $ 104,154
Net income per common share        
Basic $ 0.23 $ 0.22 $ 0.39 $ 0.29
Diluted $ 0.23 $ 0.22 $ 0.38 $ 0.29
Weighted average shares:        
Basic 360,226,487 353,278,423 358,616,324 353,032,030
Diluted 365,390,280 355,685,446 363,153,234 355,151,112