Company research
ALASKA COMMUNICATIONS SYSTEMS GROUP INC
CIK 1089511Updated Sep 27, 2026
Securities
Historical securities (1)
ALSK · NASDAQ · equity · closed Jul 22, 2021Name history
ALEC HOLDINGS INC · through Oct 14, 1999
ALSK price & chart
Historical security
This listing closed Jul 22, 2021. Live provider charts are shown only for current listings.
In the news
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Financials
FY 2020 · USDSource
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balance sheet · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 569,432,000Source | 557,245,000Source | 455,185,000Source | 442,786,000Source |
| Property, Plant and Equipment, NetUSD | 390,916,000Source | 382,358,000Source | 373,180,000Source | 366,113,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 19,644,000Source | 26,662,000Source | 13,351,000Source | 4,354,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 41,893,000Source | 34,354,000Source | 31,472,000Source | 32,535,000Source |
| Inventory, NetUSD | 7,624,000Source | 8,900,000Source | 6,737,000Source | 7,046,000Source |
| Assets, CurrentUSD | 77,325,000Source | 81,298,000Source | 65,497,000Source | 61,864,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 6,404,000Source | 9,617,000Source | 12,169,000Source | 6,115,000Source |
| Operating Lease, Right-of-Use AssetUSD | 89,821,000Source | 80,991,000Source | — | — |
| Other Assets, NoncurrentUSD | 11,370,000Source | 12,598,000Source | 16,010,000Source | 11,415,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 403,513,000Source | 383,736,000Source | 285,435,000Source | 288,276,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 549,000Source | 541,000Source | 533,000Source | 525,000Source |
| Retained Earnings (Accumulated Deficit)USD | 9,442,000Source | 15,367,000Source | 10,439,000Source | -3,579,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -6,340,000Source | -3,277,000Source | -2,675,000Source | -2,396,000Source |
| Stockholders' Equity Attributable to ParentUSD | 165,156,000Source | 172,663,000Source | 168,811,000Source | 153,519,000Source |
| Additional Paid in Capital, Common StockUSD | 163,317,000Source | 161,844,000Source | 160,514,000Source | 158,969,000Source |
| Liabilities and EquityUSD | 569,432,000Source | 557,245,000Source | 455,185,000Source | 442,786,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 62,159,000Source | 54,570,000Source | 47,270,000Source | 57,391,000Source |
| Accounts Payable, CurrentUSD | 18,375,000Source | 14,918,000Source | 14,627,000Source | 17,739,000Source |
| Deferred Income Tax Liabilities, NetUSD | 5,846,000Source | 4,403,000Source | — | — |
| Other Liabilities, NoncurrentUSD | 94,764,000Source | 78,520,000Source | 67,827,000Source | 61,330,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 763,000Source | 846,000Source | 939,000Source | 991,000Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 41,893,000Source | — | — | — |
| Deferred Revenue, CurrentUSD | 8,781,000Source | 7,311,000Source | 6,095,000Source | 4,817,000Source |
| Deferred Tax Liabilities, NetUSD | 5,846,000Source | 4,403,000Source | 1,817,000Source | — |
| Dividends PayableUSD | 16,000Source | — | — | — |
| Short-term InvestmentsUSD | 434,000Source | 134,000Source | 134,000Source | — |
cash flow · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,156,000Source | 4,835,000Source | 8,988,000Source | -6,230,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,693,000Source | 1,580,000Source | 1,757,000Source | 1,509,000Source |
| Deferred Income Tax Expense (Benefit)USD | 2,658,000Source | 2,919,000Source | 2,041,000Source | 11,582,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 57,119,000Source | 58,815,000Source | 56,195,000Source | 30,406,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -50,186,000Source | -45,478,000Source | -40,184,000Source | -32,545,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 48,243,000Source | 44,764,000Source | 37,957,000Source | 32,945,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 456,000Source | 453,000Source | 415,000Source | 605,000Source |
| Payments for Repurchase of Common StockUSD | 0Source | 1,812,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -13,956,000Source | -29,000Source | -17,194,000Source | -4,838,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 4,836,000Source | — | — | — |
| Repayments of Long-term DebtUSD | 8,908,000Source | 174,040,000Source | 31,030,000Source | 176,466,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -7,023,000Source | 13,308,000Source | -1,183,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | 16,168,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 11,137,000Source | 12,228,000Source | 14,254,000Source | 14,504,000Source |
| Income Taxes Paid, NetUSD | -4,307,000Source | -5,041,000Source | 3,000Source | -946,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 711,000Source | 1,455,000Source | 662,000Source | 2,763,000Source |
| Amortization of Debt Issuance CostsUSD | 522,000Source | 1,338,000Source | 691,000Source | 6,616,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 1,234,000Source | 1,215,000Source | 1,353,000Source | 2,363,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 257,000Source | 243,000Source | 214,000Source | 196,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -1,405,000Source | — | — | — |
| Dividends PayableUSD | 16,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -240,000Source | -156,000Source | -125,000Source | -50,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -240,000Source | -156,000Source | -125,000Source | -50,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -2,830,000Source | — | -7,527,000Source |
| Income Tax Expense (Benefit)USD | 2,665,000Source | 2,765,000Source | 2,041,000Source | 2,584,000Source |
| Investment Income, InterestUSD | 174,000Source | 385,000Source | 156,000Source | 34,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,073,000Source | 4,928,000Source | 9,080,000Source | -6,101,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -83,000Source | -93,000Source | -92,000Source | -129,000Source |
| Nonoperating Income (Expense)USD | -10,387,000Source | -14,329,000Source | -13,250,000Source | -22,353,000Source |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of TaxUSD | -1,006,000Source | 506,000Source | 316,000Source | — |
| Other Nonoperating Income (Expense)USD | 439,000Source | 175,000Source | 23,000Source | — |
| Payments of DividendsUSD | 4,836,000Source | — | — | — |
| Payments of Financing CostsUSD | 0Source | 2,683,000Source | — | 5,559,000Source |
| Proceeds from Issuance of Common StockUSD | 244,000Source | 211,000Source | 211,000Source | 239,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 180,000,000Source | 14,000,000Source | 183,000,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | 40,000Source | 75,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 208,252,000Source | 199,122,000Source | 199,210,000Source | — |
income statement · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Total RevenueUSD | — | — | — | 226,905,000Source |
| Cost of RevenueUSD | 112,443,000Source | 105,615,000Source | 107,509,000Source | 104,604,000Source |
| Selling, General and Administrative ExpenseUSD | 65,773,000Source | 66,718,000Source | 66,647,000Source | 67,227,000Source |
| Operating Income (Loss)USD | 11,896,000Source | 21,929,000Source | 24,279,000Source | 18,707,000Source |
| Other Nonoperating Income (Expense)USD | 439,000Source | 175,000Source | 23,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,509,000Source | 7,600,000Source | 11,029,000Source | -3,646,000Source |
| Income Tax Expense (Benefit)USD | 2,665,000Source | 2,765,000Source | 2,041,000Source | 2,584,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -83,000Source | -93,000Source | -92,000Source | -129,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,073,000Source | 4,928,000Source | 9,080,000Source | -6,101,000Source |
| Earnings Per Share, BasicUSD per share | -0.02Source | 0.09Source | 0.17Source | -0.12Source |
| Earnings Per Share, DilutedUSD per share | -0.02Source | 0.09Source | 0.17Source | -0.12Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 54,013,000Source | 53,379,000Source | 53,042,000Source | 52,232,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 54,013,000Source | 54,277,000Source | 53,840,000Source | 52,232,000Source |
| Additional Financial Items | ||||
| Business Combination, Acquisition Related CostsUSD | 9,550,000Source | — | — | — |
| Costs and ExpensesUSD | 228,673,000Source | 209,765,000Source | 208,189,000Source | 208,198,000Source |
| Current Income Tax Expense (Benefit)USD | 6,000Source | -60,000Source | -726,000Source | -84,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 40,667,000Source | 37,276,000Source | 33,908,000Source | 36,317,000Source |
| Gross ProfitUSD | — | — | 124,959,000Source | 122,301,000Source |
| Interest ExpenseUSD | 11,000,000Source | 12,059,000Source | 13,429,000Source | 14,860,000Source |
| Investment Income, InterestUSD | 174,000Source | 385,000Source | 156,000Source | 34,000Source |
| Nonoperating Income (Expense)USD | -10,387,000Source | -14,329,000Source | -13,250,000Source | -22,353,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 208,252,000Source | 199,122,000Source | 199,210,000Source | — |