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10-K Filing

SBA COMMUNICATIONS CORP CIK: 1034054 FY 2022
Filing Information
Form Type 10-K
Accession Number 0001034054-23-000002
Period End Date 20221231
Filing Date 20230301
Fiscal Year 2022
Fiscal Period FY
XBRL Instance sbac-20221231x10k_htm.xml
Balance Sheet 84 line items
Line Item Tag Value Unit Period
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $308.56M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $367.28M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $143.71M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $65.56M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $41.96M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $101.95M USD Point-in-time
Common stock - Class A, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $184.37M USD Point-in-time
Common stock - Class A, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts ContractWithCustomerAssetNetCurrent $79.55M USD Point-in-time
Common stock - Class A, shares authorized CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock - Class A, shares authorized CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock - Class A, shares authorized CommonStockSharesAuthorized 3.40M shares Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts ContractWithCustomerAssetNetCurrent $48.84M USD Point-in-time
Common stock - Class A, shares issued CommonStockSharesIssued 108.96M shares Point-in-time
Common stock - Class A, shares issued CommonStockSharesIssued 108.00M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $33.15M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $30.81M USD Point-in-time
Total current assets AssetsCurrent $482.73M USD Point-in-time
Total current assets AssetsCurrent $614.45M USD Point-in-time
Common stock - Class A, shares outstanding CommonStockSharesOutstanding 108.96M shares Point-in-time
Common stock - Class A, shares outstanding CommonStockSharesOutstanding 108.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.71B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.58B USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $2.80B USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $2.78B USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $2.38B USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $2.27B USD Point-in-time
Acquired and other right-of-use assets, net AcquiredAndOtherRightOfUseAssetsNet $1.51B USD Point-in-time
Acquired and other right-of-use assets, net AcquiredAndOtherRightOfUseAssetsNet $964.40M USD Point-in-time
Other assets OtherAssetsNoncurrent $722.37M USD Point-in-time
Other assets OtherAssetsNoncurrent $575.64M USD Point-in-time
Total assets Assets $10.59B USD Point-in-time
Total assets Assets $9.80B USD Point-in-time
Accounts payable AccountsPayableCurrent $51.43M USD Point-in-time
Accounts payable AccountsPayableCurrent $34.07M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $68.07M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $101.48M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $24.00M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $24.00M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $184.38M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $154.55M USD Point-in-time
Accrued interest InterestPayableCurrent $54.17M USD Point-in-time
Accrued interest InterestPayableCurrent $49.10M USD Point-in-time
Current lease liabilities LeaseLiabilityCurrent $262.37M USD Point-in-time
Current lease liabilities LeaseLiabilityCurrent $238.50M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $48.76M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $18.22M USD Point-in-time
Total current liabilities LiabilitiesCurrent $696.76M USD Point-in-time
Total current liabilities LiabilitiesCurrent $616.33M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $12.84B USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $12.28B USD Point-in-time
Long-term lease liabilities LeaseLiabilityNoncurrent $2.04B USD Point-in-time
Long-term lease liabilities LeaseLiabilityNoncurrent $1.98B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $248.07M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $191.47M USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $14.45B USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $15.13B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $17.25M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $15.19M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $31.73M USD Point-in-time
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding PreferredStockValue - USD Point-in-time
Common stock - Class A, par value $0.01, 400,000 shares authorized, 107,997 shares and 108,956 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively CommonStockValue $1.09M USD Point-in-time
Common stock - Class A, par value $0.01, 400,000 shares authorized, 107,997 shares and 108,956 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively CommonStockValue $1.08M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.80B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.68B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-7.20B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-7.48B USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-762.31M USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-590.51M USD Point-in-time
Total shareholders' deficit StockholdersEquity $-5.28B USD Point-in-time
Total shareholders' deficit StockholdersEquity $-3.67B USD Point-in-time
Total shareholders' deficit StockholdersEquity $-5.28B USD Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit LiabilitiesAndStockholdersEquity $9.80B USD Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit LiabilitiesAndStockholdersEquity $10.59B USD Point-in-time
Income Statement 128 line items
Line Item Tag Value Unit Period
Site leasing OperatingLeaseLeaseIncome $2.34B USD Annual
Site leasing OperatingLeaseLeaseIncome $1.95B USD Annual
Site leasing OperatingLeaseLeaseIncome $2.10B USD Annual
Site development RevenueFromContractWithCustomerExcludingAssessedTax $204.75M USD Annual
Site development RevenueFromContractWithCustomerExcludingAssessedTax $296.88M USD Annual
Site development RevenueFromContractWithCustomerExcludingAssessedTax $128.67M USD Annual
Total revenues Revenues $548.74M USD 1 Quarter
Total revenues Revenues $589.30M USD 1 Quarter
Total revenues Revenues $2.63B USD Annual
Total revenues Revenues $619.77M USD 1 Quarter
Total revenues Revenues $675.58M USD 1 Quarter
Total revenues Revenues $595.26M USD 1 Quarter
Total revenues Revenues $575.53M USD 1 Quarter
Total revenues Revenues $2.08B USD Annual
Total revenues Revenues $652.01M USD 1 Quarter
Total revenues Revenues $2.31B USD Annual
Total revenues Revenues $686.09M USD 1 Quarter
Cost of site leasing CostOfGoodsSoldDirectOperatingLease $386.39M USD Annual
Cost of site leasing CostOfGoodsSoldDirectOperatingLease $373.78M USD Annual
Cost of site leasing CostOfGoodsSoldDirectOperatingLease $445.69M USD Annual
Cost of site development CostOfGoodsAndServicesSold $102.75M USD Annual
Cost of site development CostOfGoodsAndServicesSold $159.09M USD Annual
Cost of site development CostOfGoodsAndServicesSold $222.97M USD Annual
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $194.27M USD Annual
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $220.03M USD Annual
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $261.85M USD Annual
Acquisition and new business initiatives related adjustments and expenses BusinessCombinationAcquisitionRelatedCostsAndAdjusments $16.58M USD Annual
Acquisition and new business initiatives related adjustments and expenses BusinessCombinationAcquisitionRelatedCostsAndAdjusments $27.62M USD Annual
Acquisition and new business initiatives related adjustments and expenses BusinessCombinationAcquisitionRelatedCostsAndAdjusments $26.81M USD Annual
Asset impairment and decommission costs AssetImpairmentAndDecommissionCosts $40.10M USD Annual
Asset impairment and decommission costs AssetImpairmentAndDecommissionCosts $43.16M USD Annual
Asset impairment and decommission costs AssetImpairmentAndDecommissionCosts $33.04M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $721.97M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $173.82M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $176.39M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $183.04M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $175.47M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $183.88M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $170.92M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $700.16M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $174.32M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $707.58M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $169.90M USD 1 Quarter
Total operating expenses CostsAndExpenses $1.71B USD Annual
Total operating expenses CostsAndExpenses $1.45B USD Annual
Total operating expenses CostsAndExpenses $1.53B USD Annual
Operating income OperatingIncomeLoss $633.69M USD Annual
Operating income OperatingIncomeLoss $197.38M USD 1 Quarter
Operating income OperatingIncomeLoss $925.41M USD Annual
Operating income OperatingIncomeLoss $234.66M USD 1 Quarter
Operating income OperatingIncomeLoss $199.76M USD 1 Quarter
Operating income OperatingIncomeLoss $211.78M USD 1 Quarter
Operating income OperatingIncomeLoss $230.98M USD 1 Quarter
Operating income OperatingIncomeLoss $782.50M USD Annual
Operating income OperatingIncomeLoss $173.58M USD 1 Quarter
Operating income OperatingIncomeLoss $216.78M USD 1 Quarter
Operating income OperatingIncomeLoss $242.99M USD 1 Quarter
Interest income InvestmentIncomeInterest $10.13M USD Annual
Interest income InvestmentIncomeInterest $3.45M USD Annual
Interest income InvestmentIncomeInterest $2.98M USD Annual
Interest expense InvestmentIncomeInvestmentExpense $353.78M USD Annual
Interest expense InvestmentIncomeInvestmentExpense $352.92M USD Annual
Interest expense InvestmentIncomeInvestmentExpense $367.87M USD Annual
Non-cash interest expense PaidInKindInterest $24.87M USD Annual
Non-cash interest expense PaidInKindInterest $46.11M USD Annual
Non-cash interest expense PaidInKindInterest $47.09M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCosts $19.59M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCosts $19.84M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCosts $20.06M USD Annual
Loss from extinguishment of debt, net GainLossOnExtinguishmentOfDebtIncludingInterestExpense $-19.46M USD Annual
Loss from extinguishment of debt, net GainLossOnExtinguishmentOfDebtIncludingInterestExpense $-39.50M USD Annual
Loss from extinguishment of debt, net GainLossOnExtinguishmentOfDebtIncludingInterestExpense $-437.00K USD Annual
Other income (expense), net OtherNonoperatingIncomeExpense $10.47M USD Annual
Other income (expense), net OtherNonoperatingIncomeExpense $-222.16M USD Annual
Other income (expense), net OtherNonoperatingIncomeExpense $-74.28M USD Annual
Total other expense, net NonoperatingIncomeExpense $-529.93M USD Annual
Total other expense, net NonoperatingIncomeExpense $-399.56M USD Annual
Total other expense, net NonoperatingIncomeExpense $-651.44M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $252.56M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-17.75M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $525.84M USD Annual
(Provision) benefit for income taxes IncomeTaxExpenseBenefit $66.04M USD Annual
(Provision) benefit for income taxes IncomeTaxExpenseBenefit $14.94M USD Annual
(Provision) benefit for income taxes IncomeTaxExpenseBenefit $-41.80M USD Annual
Net income ProfitLoss $24.05M USD Annual
Net income ProfitLoss $237.62M USD Annual
Net income ProfitLoss $459.80M USD Annual
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-1.63M USD Annual
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-57.00K USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $188.62M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $152.67M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $103.28M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $-11.74M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $24.10M USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $237.62M USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $69.52M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $48.90M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $100.01M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $461.43M USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $47.80M USD 1 Quarter
Basic EarningsPerShareBasic $0.22 USD Annual
Basic EarningsPerShareBasic $0.64 USD 1 Quarter
Basic EarningsPerShareBasic $4.27 USD Annual
Basic EarningsPerShareBasic $1.75 USD 1 Quarter
Basic EarningsPerShareBasic $0.45 USD 1 Quarter
Basic EarningsPerShareBasic $2.17 USD Annual
Basic EarningsPerShareBasic $1.40 USD 1 Quarter
Basic EarningsPerShareBasic $0.44 USD 1 Quarter
Basic EarningsPerShareBasic $0.93 USD 1 Quarter
Basic EarningsPerShareBasic $-0.11 USD 1 Quarter
Basic EarningsPerShareBasic $0.96 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.21 USD Annual
Diluted EarningsPerShareDiluted $2.14 USD Annual
Diluted EarningsPerShareDiluted $0.64 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.43 USD 1 Quarter
Diluted EarningsPerShareDiluted $4.22 USD Annual
Diluted EarningsPerShareDiluted $1.72 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.44 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.37 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.11 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.91 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.94 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 109.33M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 111.53M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 107.96M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 111.18M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 109.39M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 113.47M shares Annual
Cash Flow Statement 142 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $24.05M USD Annual
Net income ProfitLoss $237.62M USD Annual
Net income ProfitLoss $459.80M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $721.97M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $173.82M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $176.39M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $183.04M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $175.47M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $183.88M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $170.92M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $700.16M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $174.32M USD 1 Quarter
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $707.58M USD Annual
Depreciation, accretion, and amortization DepreciationAmortizationAndAccretionNet $169.90M USD 1 Quarter
Non-cash asset impairment and decommission costs NoncashAssetImpairmentAndDecommissionCosts $31.79M USD Annual
Non-cash asset impairment and decommission costs NoncashAssetImpairmentAndDecommissionCosts $39.50M USD Annual
Non-cash asset impairment and decommission costs NoncashAssetImpairmentAndDecommissionCosts $42.81M USD Annual
Non-cash compensation expense ShareBasedCompensation $84.40M USD Annual
Non-cash compensation expense ShareBasedCompensation $68.89M USD Annual
Non-cash compensation expense ShareBasedCompensation $99.91M USD Annual
(Gain) loss on remeasurement of U.S. denominated intercompany loans ForeignCurrencyTransactionGainLossBeforeTax $-220.35M USD Annual
(Gain) loss on remeasurement of U.S. denominated intercompany loans ForeignCurrencyTransactionGainLossBeforeTax $20.30M USD Annual
(Gain) loss on remeasurement of U.S. denominated intercompany loans ForeignCurrencyTransactionGainLossBeforeTax $-66.28M USD Annual
Loss from extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-17.84M USD Annual
Loss from extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-437.00K USD Annual
Loss from extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-36.72M USD Annual
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-63.19M USD Annual
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $32.90M USD Annual
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-8.51M USD Annual
Non-cash interest expense NoncashInterestExpense $47.09M USD Annual
Non-cash interest expense NoncashInterestExpense $46.11M USD Annual
Non-cash interest expense NoncashInterestExpense $24.87M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCostsAndDiscounts $19.84M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCostsAndDiscounts $19.59M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCostsAndDiscounts $20.06M USD Annual
Other non-cash items reflected in the Statements of Operations OtherNoncashIncomeExpense $-9.74M USD Annual
Other non-cash items reflected in the Statements of Operations OtherNoncashIncomeExpense $-2.98M USD Annual
Other non-cash items reflected in the Statements of Operations OtherNoncashIncomeExpense $-9.88M USD Annual
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net IncreaseDecreaseInAccountsAndOtherReceivables $-38.20M USD Annual
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net IncreaseDecreaseInAccountsAndOtherReceivables $81.35M USD Annual
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net IncreaseDecreaseInAccountsAndOtherReceivables $38.24M USD Annual
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $28.24M USD Annual
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-2.61M USD Annual
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $29.75M USD Annual
Operating lease right-of-use assets, net IncreaseDecreaseInOperatingLeaseRightOfUseAsset $114.32M USD Annual
Operating lease right-of-use assets, net IncreaseDecreaseInOperatingLeaseRightOfUseAsset $135.47M USD Annual
Operating lease right-of-use assets, net IncreaseDecreaseInOperatingLeaseRightOfUseAsset $109.94M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-473.00K USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $13.17M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $25.12M USD Annual
Long-term lease liabilities IncreaseDecreaseInLongTermLeaseLiability $-113.29M USD Annual
Long-term lease liabilities IncreaseDecreaseInLongTermLeaseLiability $-100.85M USD Annual
Long-term lease liabilities IncreaseDecreaseInLongTermLeaseLiability $-129.47M USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-33.14M USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $30.80M USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-14.36M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.13B USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.29B USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.19B USD Annual
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $1.26B USD Annual
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $1.18B USD Annual
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $271.42M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $133.69M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $214.44M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $128.57M USD Annual
Purchase of investments PaymentsToAcquireInvestments $881.78M USD Annual
Purchase of investments PaymentsToAcquireInvestments $1.29B USD Annual
Purchase of investments PaymentsToAcquireInvestments $1.73B USD Annual
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.73B USD Annual
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.24B USD Annual
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $878.14M USD Annual
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $31.23M USD Annual
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-3.12M USD Annual
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-524.00K USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.39B USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-446.37M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.42B USD Annual
Borrowings under Revolving Credit Facility ProceedsFromLongTermLinesOfCredit $1.94B USD Annual
Borrowings under Revolving Credit Facility ProceedsFromLongTermLinesOfCredit $895.00M USD Annual
Borrowings under Revolving Credit Facility ProceedsFromLongTermLinesOfCredit $975.00M USD Annual
Repayments under Revolving Credit Facility RepaymentsOfLongTermLinesOfCredit $1.00B USD Annual
Repayments under Revolving Credit Facility RepaymentsOfLongTermLinesOfCredit $605.00M USD Annual
Repayments under Revolving Credit Facility RepaymentsOfLongTermLinesOfCredit $1.97B USD Annual
Proceeds from issuance of Senior Notes, net of fees ProceedsFromIssuanceOfSeniorLongTermDebt $1.48B USD Annual
Proceeds from issuance of Senior Notes, net of fees ProceedsFromIssuanceOfSeniorLongTermDebt $1.49B USD Annual
Repayment of Senior Notes RepaymentsOfSeniorDebt $1.87B USD Annual
Repayment of Senior Notes RepaymentsOfSeniorDebt $759.14M USD Annual
Proceeds from issuance of Tower Securities, net of fees ProceedsFromIssuanceOfOtherLongTermDebt $1.34B USD Annual
Proceeds from issuance of Tower Securities, net of fees ProceedsFromIssuanceOfOtherLongTermDebt $2.92B USD Annual
Proceeds from issuance of Tower Securities, net of fees ProceedsFromIssuanceOfOtherLongTermDebt $839.88M USD Annual
Repayment of Tower Securities RepaymentsOfSecuredDebt $640.00M USD Annual
Repayment of Tower Securities RepaymentsOfSecuredDebt $1.33B USD Annual
Repayment of Tower Securities RepaymentsOfSecuredDebt $1.20B USD Annual
Termination of interest rate swap PaymentsForDerivativeInstrumentFinancingActivities $176.20M USD Annual
Repurchase and retirement of common stock PaymentsForRepurchaseOfCommonStock $859.34M USD Annual
Repurchase and retirement of common stock PaymentsForRepurchaseOfCommonStock $582.58M USD Annual
Repurchase and retirement of common stock PaymentsForRepurchaseOfCommonStock $431.67M USD Annual
Payment of dividends on common stock PaymentsOfDividends $207.69M USD Annual
Payment of dividends on common stock PaymentsOfDividends $306.77M USD Annual
Payment of dividends on common stock PaymentsOfDividends $253.58M USD Annual
Proceeds from employee stock purchase/stock option plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $86.69M USD Annual
Proceeds from employee stock purchase/stock option plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $99.13M USD Annual
Proceeds from employee stock purchase/stock option plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $38.30M USD Annual
Payments related to taxes on stock options and restricted stock units PaymentStockOptionNetShareSettlements $9.96M USD Annual
Payments related to taxes on stock options and restricted stock units PaymentStockOptionNetShareSettlements $45.08M USD Annual
Payments related to taxes on stock options and restricted stock units PaymentStockOptionNetShareSettlements $71.90M USD Annual
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $4.73M USD Annual
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-26.08M USD Annual
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-12.83M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-135.47M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $339.26M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-469.02M USD Annual
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-8.96M USD Annual
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-13.08M USD Annual
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-2.92M USD Annual
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-246.34M USD Annual
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $92.82M USD Annual
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $201.69M USD Annual
Beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $141.12M USD Point-in-time
Beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $342.81M USD Point-in-time
Beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $189.28M USD Point-in-time
Beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $435.63M USD Point-in-time
End of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $141.12M USD Point-in-time
End of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $342.81M USD Point-in-time
End of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $189.28M USD Point-in-time
End of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $435.63M USD Point-in-time
Interest InterestPaidNet $360.10M USD Annual
Interest InterestPaidNet $378.57M USD Annual
Interest InterestPaidNet $351.89M USD Annual
Income taxes IncomeTaxesPaid $20.27M USD Annual
Income taxes IncomeTaxesPaid $32.32M USD Annual
Income taxes IncomeTaxesPaid $25.57M USD Annual
Right-of-use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $171.20M USD Annual
Right-of-use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $78.67M USD Annual
Right-of-use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $33.31M USD Annual
Operating lease modifications and reassessments OperatingLeaseModificationsAndReassessments $48.95M USD Annual
Operating lease modifications and reassessments OperatingLeaseModificationsAndReassessments $36.82M USD Annual
Operating lease modifications and reassessments OperatingLeaseModificationsAndReassessments $-10.55M USD Annual
Right-of-use assets obtained in exchange for new finance lease liabilities RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $1.09M USD Annual
Right-of-use assets obtained in exchange for new finance lease liabilities RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $3.86M USD Annual
Right-of-use assets obtained in exchange for new finance lease liabilities RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $2.10M USD Annual
Deferred payment on acquired assets SupplementalDeferredPurchasePrice $77.12M USD Annual
Stockholders Equity 43 line items
Line Item Tag Value Unit Period
BALANCE StockholdersEquity $-5.28B USD Point-in-time
BALANCE StockholdersEquity $-3.67B USD Point-in-time
BALANCE StockholdersEquity $-5.28B USD Point-in-time
BALANCE, Shares CommonStockSharesOutstanding 108.96M shares Point-in-time
BALANCE, Shares CommonStockSharesOutstanding 108.00M shares Point-in-time
Net income attributable to SBA Communications Corporation NetIncomeLoss $188.62M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $152.67M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $103.28M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $-11.74M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $24.10M USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $237.62M USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $69.52M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $48.90M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $100.01M USD 1 Quarter
Net income attributable to SBA Communications Corporation NetIncomeLoss $461.43M USD Annual
Net income attributable to SBA Communications Corporation NetIncomeLoss $47.80M USD 1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements StockIssuedDuringPeriodValueShareBasedCompensation $14.75M USD Annual
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements StockIssuedDuringPeriodValueShareBasedCompensation $53.69M USD Annual
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements StockIssuedDuringPeriodValueShareBasedCompensation $28.30M USD Annual
Non-cash stock compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $70.36M USD Annual
Non-cash stock compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $85.78M USD Annual
Non-cash stock compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $101.85M USD Annual
Adjustments related to interest rate swaps OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-98.77M USD Annual
Adjustments related to interest rate swaps OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $93.09M USD Annual
Adjustments related to interest rate swaps OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $167.42M USD Annual
Repurchase and retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $431.67M USD Annual
Repurchase and retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $859.34M USD Annual
Repurchase and retirement of common stock StockRepurchasedAndRetiredDuringPeriodValue $582.58M USD Annual
Foreign currency translation adjustments attributable to SBA Communications Corporation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-47.81M USD Annual
Foreign currency translation adjustments attributable to SBA Communications Corporation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $4.38M USD Annual
Foreign currency translation adjustments attributable to SBA Communications Corporation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-140.05M USD Annual
Dividends and dividend equivalents on common stock Dividends $208.13M USD Annual
Dividends and dividend equivalents on common stock Dividends $308.31M USD Annual
Dividends and dividend equivalents on common stock Dividends $254.57M USD Annual
Contribution from partner for noncontrolling interest AdjustmentsToAdditionalPaidInCapitalContributionFromJointVentureForNoncontrollingInterest $-2.50M USD Annual
Adjustment to redemption amount related to noncontrolling interests AdjustmentsToAdditionalPaidInCapitalOther $749.00K USD Annual
Adjustment to redemption amount related to noncontrolling interests AdjustmentsToAdditionalPaidInCapitalOther $-16.32M USD Annual
Adjustment to redemption amount related to noncontrolling interests AdjustmentsToAdditionalPaidInCapitalOther $-2.81M USD Annual
BALANCE StockholdersEquity $-5.28B USD Point-in-time
BALANCE StockholdersEquity $-3.67B USD Point-in-time
BALANCE StockholdersEquity $-5.28B USD Point-in-time
BALANCE, Shares CommonStockSharesOutstanding 108.96M shares Point-in-time
BALANCE, Shares CommonStockSharesOutstanding 108.00M shares Point-in-time
Comprehensive Income 17 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $24.05M USD Annual
Net income ProfitLoss $237.62M USD Annual
Net income ProfitLoss $459.80M USD Annual
Adjustments related to interest rate swaps OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-98.77M USD Annual
Adjustments related to interest rate swaps OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $93.09M USD Annual
Adjustments related to interest rate swaps OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $167.42M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-47.81M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-140.10M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.17M USD Annual
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-214.82M USD Annual
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $631.39M USD Annual
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $282.90M USD Annual
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.83M USD Annual
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-109.00K USD Annual
Comprehensive income (loss) attributable to SBA Communications Corporation ComprehensiveIncomeNetOfTax $282.90M USD Annual
Comprehensive income (loss) attributable to SBA Communications Corporation ComprehensiveIncomeNetOfTax $-214.71M USD Annual
Comprehensive income (loss) attributable to SBA Communications Corporation ComprehensiveIncomeNetOfTax $633.23M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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