DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Accounting Policies [Abstract] |
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| Schedule of Cash and Cash Equivalents |
The following table reconciles the amounts below reported in the Condensed Consolidated Balance Sheets to the total of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows: | | | | | | | | | | | | | (in thousands) | June 30, 2026 | | December 31, 2025 | | Cash and cash equivalents | $ | 3,875 | | | $ | 80,817 | | Restricted cash and restricted cash equivalents(1) | 24,162 | | | 27,723 | | | Ending balance | $ | 28,037 | | | $ | 108,540 | |
_______________(1) Restricted cash and restricted cash equivalents relate to the Company’s uncommitted receivables securitization financing agreement (the “2020 Receivables Facility”) (refer to Note 6 “Debt”).
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| Schedule of Prepaid Expenses and Other Current Assets |
| | | | | | | | | | | | | (in thousands) | June 30, 2026 | | December 31, 2025 | Prepaid expenses | $ | 42,329 | | | $ | 52,992 | | | Contract assets (see Note 2 “Revenue and Receivables”) | 27,851 | | | 28,758 | | Fair value of interest rate swaps (see Note 7 “Derivative Financial Instruments”) | 32,131 | | | 38,264 | | | Tax receivables | 26,759 | | | 73,201 | | | Other current assets | 50,560 | | | 57,110 | | | Prepaid expenses and other current assets | $ | 179,630 | | | $ | 250,325 | |
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| Schedule of Subscriber System Assets |
Subscriber system assets are reflected in the Condensed Consolidated Balance Sheets as follows: | | | | | | | | | | | | | (in thousands) | June 30, 2026 | | December 31, 2025 | | Gross carrying amount | $ | 7,258,025 | | | $ | 7,145,662 | | | Accumulated depreciation | (4,562,366) | | | (4,354,783) | | | Subscriber system assets, net | $ | 2,695,659 | | | $ | 2,790,879 | |
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| Schedule of Subscriber System Asset and Deferred Subscriber Acquisition Costs of Depreciation and Amortization |
Depreciation of subscriber system assets and amortization of deferred subscriber acquisition costs are reflected in depreciation and intangible asset amortization and selling, general, and administrative expenses (“SG&A”), respectively, as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands) | | 2026 | | 2025 | | 2026 | | 2025 | | Depreciation of subscriber system assets | | $ | 133,053 | | | $ | 138,827 | | | $ | 267,167 | | | $ | 278,201 | | Amortization of deferred subscriber acquisition costs | | $ | 69,164 | | | $ | 62,149 | | | $ | 136,609 | | | $ | 122,507 | |
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| Schedule of Accrued Expenses and Other Current Liabilities |
| | | | | | | | | | | | | (in thousands) | June 30, 2026 | | December 31, 2025 | | Accrued interest | $ | 78,156 | | | $ | 56,523 | | | Payroll-related accruals | 85,835 | | | 59,045 | | | Accrued dividends | 40,585 | | | 44,992 | | | | | | | Other accrued liabilities | 226,122 | | | 191,480 | | | Accrued expenses and other current liabilities | $ | 430,698 | | | $ | 352,040 | |
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| Schedule of Carrying Values and Estimated Fair Values of Debt Instruments and Securities |
| | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | (in thousands) | Carrying
Amount | | Fair
Value | | Carrying
Amount | | Fair
Value | Long-term debt instruments(1) (see Note 6 “Debt”) | $ | 7,629,176 | | | $ | 7,629,075 | | | $ | 7,641,869 | | | $ | 7,746,284 | |
________________ (1) Excludes finance leases.
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| Schedule of Carrying Values and Fair Values of Retail Installment Contract Receivables |
| | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | (in thousands) | Carrying
Amount | | Fair
Value | | Carrying
Amount | | Fair
Value | | Retail installment contract receivables, net | $ | 615,993 | | | $ | 509,865 | | | $ | 651,811 | | | $ | 513,325 | |
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