v2.4.0.6
Condensed Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
REVENUES:      
Service revenues $ 4,428,208 $ 3,689,695 $ 3,130,385
Equipment revenues 419,174 379,658 350,130
Total revenues 4,847,382 4,069,353 3,480,515
OPERATING EXPENSES:      
Cost of service (excluding depreciation and amortization expense of $463,624, $393,721, and $332,319, shown separately below) 1,473,836 1,223,931 1,120,052
Cost of equipment 1,439,595 1,093,944 884,272
Selling, general and administrative expenses (excluding depreciation and amortization expense of $75,211, $56,011, and $45,537 shown separately below) 643,959 621,660 567,730
Depreciation and amortization 538,835 449,732 377,856
Loss (gain) on disposal of assets 3,619 (38,812) (4,683)
Total operating expenses 4,099,844 3,350,455 2,945,227
Income from operations 747,538 718,898 535,288
OTHER EXPENSE (INCOME):      
Interest expense 261,073 263,125 270,285
Interest income (2,028) (1,954) (2,870)
Other (income) expense, net (699) 1,807 1,808
Impairment loss on investment securities 0 0 2,386
Loss on extinguishment of debt 9,536 143,626 0
Total other expense 267,882 406,604 271,609
Income before provision for income taxes 479,656 312,294 263,679
Provision for income taxes (178,346) (118,879) (86,835)
Net income 301,310 193,415 176,844
Other comprehensive income (loss):      
Unrealized gains on available-for-sale securities, net of tax of $134, $242, and $294 respectively 212 361 3,210
Unrealized losses on cash flow hedging derivatives, net of tax benefit of $13,975, $4,879, and $9,521 respectively (22,145) (7,268) (14,710)
Reclassification adjustment for gains on available-for-sale securities included in net income, net of tax of $191, $227, and $250 respectively (303) (338) (394)
Reclassification adjustment for losses on cash flow hedging derivatives included in net income, net of tax benefit of $9,059, $11,526, and $21,247 respectively 14,356 17,170 33,087
Total other comprehensive (loss) income (7,880) 9,925 21,193
Comprehensive income $ 293,430 $ 203,340 $ 198,037
Net income per common share      
Basic $ 0.83 $ 0.54 $ 0.50
Diluted $ 0.82 $ 0.54 $ 0.49
Weighted average shares:      
Basic 360,410,168 353,711,045 351,898,898
Diluted 363,837,940 356,135,089 355,942,921