v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 154,069 $ 204,198
Marketable investment securities 19,467  
Trade accounts receivable and contract assets, net of allowance for credit losses of $12,426 and $11,314, respectively 286,205 275,247
Prepaids and other assets 75,824 63,684
Inventory 160,331 151,043
Other current assets 44,773 48,034
Total current assets 740,669 742,206
Noncurrent Assets:    
Property and equipment, net 1,059,512 1,097,190
Operating lease assets 914,043 939,896
Regulatory authorizations, net 404,651 404,698
Other intangible assets, net 10,520 11,082
Other investments 22,113 23,516
Other noncurrent assets, net 264,332 252,789
Total noncurrent assets 2,675,171 2,729,171
Total assets 3,415,840 3,471,377
Current Liabilities:    
Trade accounts payable 98,594 99,519
Contract liabilities 91,703 81,558
Accrued interest 15,308 38,845
Accrued compensation 27,983 34,904
Accrued expenses 60,894 55,019
Operating lease liabilities 118,560 72,393
Other current liabilities 57,013 48,242
Current portion of long-term debt and other notes payable (Note 8) 14,562 9,548
Total current liabilities 484,617 440,028
Long-Term Obligations, Net Of Current Portion:    
Long-term debt and other notes payable, net of current portion (Note 8) 1,530,603 1,533,717
Deferred tax liabilities, net 166,090 191,559
Operating lease liabilities, noncurrent 802,444 830,629
Other noncurrent liabilities 75,668 85,385
Total long-term obligations, net of current portion 2,574,805 2,641,290
Total liabilities 3,059,422 3,081,318
Commitments and Contingencies (Note 9)
Stockholder's Equity (Deficit):    
Common stock, $0.01 par value, 1,000,000 shares authorized, 1,078 shares issued and outstanding at both March 31, 2025 and December 31, 2024 0 0
Additional paid-in capital 1,490,719 1,487,758
Accumulated other comprehensive income (loss) (180,173) (190,810)
Accumulated earnings (deficit) (1,006,913) (958,518)
Total HSSC stockholder's equity (deficit) 303,633 338,430
Noncontrolling interests 52,785 51,629
Total stockholder's equity (deficit) 356,418 390,059
Total liabilities and stockholder's equity (deficit) $ 3,415,840 $ 3,471,377