| Fiscal period | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|
| Period End Date | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 |
|---|
| Revenue: Service | 491.99 | 463.10 | 447.16 | 406.76 | 349.74 | 334.82 | 317.02 | 309.42 | 292.09 | 273.49 |
| Revenue: Subscriber equipment | 92.07 | 86.12 | 82.86 | 97.85 | 77.12 | 74.21 | 73.62 | 78.15 | 73.30 | 93.87 |
| Revenue: Engineering and support service | 30.44 | 34.23 | 30.43 | 18.40 | 21.19 | 24.61 | 20.74 | 20.98 | 17.25 | 16.16 |
| Total Revenues | 614.50 | 583.44 | 560.44 | 523.01 | 448.05 | 433.64 | 411.38 | 408.56 | 382.65 | 383.52 |
| Cost of Services | 97.02 | 91.10 | 94.96 | 86.02 | 80.40 | 64.96 | 60.31 | 62.09 | 59.35 | 60.94 |
| Cost of subscriber equipment sales | 53.38 | 51.60 | 50.19 | 56.86 | 44.45 | 44.29 | 40.81 | 54.57 | 52.06 | 53.29 |
| Depreciation and amortization | 305.43 | 303.17 | 297.71 | 218.21 | 122.27 | 49.39 | 51.83 | 72.77 | 74.98 | 81.11 |
| Impairment of goodwill | -- | -- | -- | -- | -- | -- | 87.04 | -- | -- | -- |
| Research and development | 11.89 | 12.04 | 14.31 | 22.43 | 15.25 | 16.08 | 16.14 | 17.59 | 11.15 | 15.53 |
| Selling, general and administrative | 100.47 | 90.05 | 93.17 | 97.85 | 84.41 | 82.55 | 81.45 | 78.64 | 75.22 | 67.59 |
| Formation costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Transaction costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on Boeing transaction | -- | -- | -- | -- | 14.19 | -- | -- | -- | -- | -- |
| Operating Income (loss) | 46.31 | 35.48 | 10.12 | 41.65 | 115.48 | 176.37 | 73.80 | 122.91 | 109.89 | 105.07 |
| Interest expense | 73.91 | 94.27 | 115.40 | 55.15 | -- | -- | -- | -- | -- | -- |
| Change in fair value of warrants | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest income, net | -- | -- | -- | -- | 4.33 | 2.93 | 3.07 | 3.64 | 2.28 | 1.07 |
| Other (expense) income, net | (0.42) | 0.03 | (1.13) | 0.14 | (0.23) | (1.14) | (0.47) | (4.27) | 6.00 | (0.90) |
| Undrawn credit facility fees | -- | -- | -- | -- | -- | -- | (3.29) | (5.83) | (7.71) | (10.23) |
| Loss on extinguishment of debt | (0.88) | (30.21) | (111.71) | (7.29) | -- | -- | -- | -- | -- | -- |
| Earnings (loss) before income taxes | (28.89) | (88.96) | (218.12) | (20.65) | 119.57 | 178.17 | 73.12 | 116.45 | 110.47 | 95.02 |
| Income tax provision (benefit) | (19.57) | (32.91) | (56.12) | (7.27) | (114.28) | 67.13 | 65.99 | 41.46 | 47.95 | 30.39 |
| Current taxes: Federal provision (benefit) | (0.54) | (0.69) | (3.80) | 0.02 | 0.01 | 1.21 | 1.70 | 0.05 | (0.01) | (0.05) |
| Current taxes: State provision | 0.04 | 0.07 | 0.04 | (0.09) | 0.42 | 0.98 | 0.27 | (0.09) | 0.01 | 0.10 |
| Current taxes: Foreign provision | 2.24 | 1.39 | 1.48 | 1.16 | 0.86 | 1.14 | 0.65 | 1.26 | 0.72 | 0.85 |
| Deferred taxes: Federal provision (benefit) | (14.11) | (27.70) | (50.69) | (9.16) | (110.81) | 60.30 | 54.91 | 40.16 | 39.04 | 30.01 |
| Deferred taxes: State provision (benefit) | (6.69) | (5.87) | (1.85) | 0.90 | (4.85) | 3.45 | 8.80 | (0.08) | 8.24 | (0.61) |
| Deferred taxes: Foreign provision (benefit) | (0.52) | (0.11) | (1.30) | (0.10) | 0.08 | 0.06 | (0.33) | 0.17 | (0.05) | 0.09 |
| Net Income (loss) | (9.32) | (56.05) | (162.00) | (13.38) | 233.86 | 111.03 | 7.12 | 74.99 | 62.52 | 64.63 |
| Series A Preferred Stock dividends | -- | -- | -- | -- | 1.75 | -- | -- | 7.00 | 7.00 | 1.69 |
| Series B Preferred Stock dividends | -- | -- | 4.19 | -- | 2.11 | -- | -- | 5.32 | -- | -- |
| Series A Preferred Stock dividends, declared and paid | -- | -- | -- | 1.75 | -- | 7.00 | 7.00 | -- | -- | -- |
| Series B Preferred Stock dividends, declared and paid | -- | -- | -- | 2.11 | -- | 8.44 | 8.44 | -- | -- | -- |
| Series A Preferred Stock dividends, undeclared | -- | -- | -- | -- | 5.25 | -- | -- | -- | -- | -- |
| Series B Preferred Stock dividends, undeclared | -- | -- | -- | 6.29 | 6.33 | -- | -- | -- | -- | -- |
| Net Income (Loss) Available to Common Shareholders | (9.32) | (56.05) | (166.19) | (23.53) | 218.42 | 95.60 | (8.31) | 62.67 | 55.52 | 62.94 |
| Net income (loss) per share - Basic | (0.07) | (0.42) | (1.33) | (0.22) | 2.23 | 1.00 | (0.09) | 0.71 | 0.72 | 0.85 |
| Net income (loss) per share - Diluted | (0.07) | (0.42) | (1.33) | (0.22) | 1.82 | 0.89 | (0.09) | 0.69 | 0.71 | 0.83 |
| Weighted average shares outstanding - Basic | 133.53 | 133.49 | 125.17 | 108.98 | 97.93 | 95.97 | 95.10 | 88.08 | 76.91 | 74.24 |
| Weighted Average Shares Outstanding (Diluted) | 133.53 | 133.49 | 125.17 | 108.98 | 128.13 | 124.88 | 95.10 | 109.40 | 87.51 | 78.18 |