v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 279,141 $ 256,534
Restricted cash 290 290
Accounts receivable, trade (less allowance for credit losses of $23,470 and $24,232, respectively) 299,388 332,271
Prepaid expenses and other current assets ($270 and $314 due from affiliates, respectively) 190,522 141,897
Total current assets 769,341 730,992
Property, plant and equipment, net of accumulated depreciation of $9,010,642 and $8,762,014, respectively 8,423,830 8,414,632
Right-of-use operating lease assets 255,767 248,013
Other assets 96,104 94,403
Amortizable intangibles, net of accumulated amortization of $6,264,224 and $6,190,154, respectively 887,321 960,805
Indefinite-lived cable franchise rights 13,211,308 13,211,308
Goodwill 8,041,217 8,041,217
Total assets 31,684,888 31,701,370
Current Liabilities:    
Accounts payable 942,745 971,499
Interest payable 285,352 406,208
Accrued employee related costs 150,126 191,990
Deferred revenue 100,362 74,167
Debt 145,641 185,473
Other current liabilities ($40,805 and $26,944 due to affiliates, respectively) 530,646 425,459
Total current liabilities 2,154,872 2,254,796
Other liabilities 311,711 320,435
Deferred tax liability 4,327,736 4,455,840
Right-of-use operating lease liability 262,759 255,116
Long-term debt, net of current maturities 25,154,002 24,872,015
Total liabilities 32,211,080 32,158,202
Commitments and contingencies (Note 15)
Stockholders' Deficiency:    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued and outstanding 0 0
Paid-in capital 236,997 233,953
Accumulated deficit (779,669) (703,993)
Total stockholders' equity before accumulated other comprehensive Income and non-controlling interest (537,985) (465,399)
Treasury stock, at cost ($967,629 shares of Class A common stock as of March 31, 2025 and December 31, 2024, respectively) (10) (10)
Accumulated other comprehensive loss (5,005) (3,826)
Total Altice USA stockholders' deficiency (543,000) (469,235)
Noncontrolling interests 16,808 12,403
Total stockholders' deficiency (526,192) (456,832)
Total liabilities and stockholders' deficiency $ 31,684,888 $ 31,701,370
Common stock, shares outstanding (in shares) 283,502,205 278,980,530
Treasury Stock, Shares 967,629 967,629
Common Class A    
Stockholders' Deficiency:    
Common stock, shares authorized (in shares) 4,000,000,000  
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Shares, Issued 284,469,834 279,948,159
Common stock $ 2,845 $ 2,799
Common stock, shares outstanding (in shares)   4,000,000,000
Common Class B    
Stockholders' Deficiency:    
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock $ 1,842 $ 1,842
Common stock, shares outstanding (in shares) 184,223,813 184,224,015
Common Class C    
Stockholders' Deficiency:    
Common stock, shares authorized (in shares) 4,000,000,000 4,000,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock $ 0 $ 0
Common stock, shares outstanding (in shares) 0 0