EXHIBIT 99.2
Discussion and Reconciliation of Non-GAAP Measures
Supplemental Operational Measures
We provide a supplemental discussion of our business solutions operations that is calculated by combining our Mobility and Business Wireline operating units, and then adjusting to remove non-business operations. The following table presents a reconciliation of our supplemental Business Solutions results.
Supplemental Operational Measure | |||||||||||||||||
Three Months Ended | |||||||||||||||||
December 31, 2018 | December 31, 2017 | ||||||||||||||||
Mobility | Business Wireline | Adjustments1 | Business Solutions | Mobility | Business Wireline | Adjustments1 | Business Solutions | ||||||||||
Operating Revenues | |||||||||||||||||
Wireless service | $ | 13,859 | $ | - | $ | (11,959) | $ | 1,900 | $ | 14,282 | $ | - | $ | (12,303) | $ | 1,979 | |
Strategic services | - | 3,142 | - | 3,142 | - | 3,070 | - | 3,070 | |||||||||
Legacy voice and data services | - | 2,521 | - | 2,521 | - | 3,251 | - | 3,251 | |||||||||
Other services and equipment | - | 1,064 | - | 1,064 | - | 1,061 | - | 1,061 | |||||||||
Wireless equipment | 4,910 | - | (4,130) | 780 | 4,886 | - | (4,322) | 564 | |||||||||
Total Operating Revenues | 18,769 | 6,727 | (16,089) | 9,407 | 19,168 | 7,382 | (16,625) | 9,925 | |||||||||
Operations and support | 11,246 | 4,161 | (9,496) | 5,911 | 12,866 | 4,586 | (11,103) | 6,349 | |||||||||
EBITDA | 7,523 | 2,566 | (6,593) | 3,496 | 6,302 | 2,796 | (5,522) | 3,576 | |||||||||
Depreciation and amortization | 2,068 | 1,207 | (1,768) | 1,507 | 2,027 | 1,206 | (1,741) | 1,492 | |||||||||
Total Operating Expenses | 13,314 | 5,368 | (11,264) | 7,418 | 14,893 | 5,792 | (12,844) | 7,841 | |||||||||
Operating Income | 5,455 | 1,359 | (4,825) | 1,989 | 4,275 | 1,590 | (3,781) | 2,084 | |||||||||
Equity in net Income of Affiliates | - | - | - | - | - | (2) | 1 | (1) | |||||||||
Contribution | $ | 5,455 | $ | 1,359 | $ | (4,825) | $ | 1,989 | $ | 4,275 | $ | 1,588 | $ | (3,780) | $ | 2,083 | |
1 Non-business wireless reported in the Communication segment under the Mobility business unit. | |||||||||||||||||
Supplemental Operational Measure | |||||||||||||||||
Year Ended | |||||||||||||||||
December 31, 2018 | December 31, 2017 | ||||||||||||||||
Mobility | Business Wireline | Adjustments1 | Business Solutions | Mobility | Business Wireline | Adjustments1 | Business Solutions | ||||||||||
Operating Revenues | |||||||||||||||||
Wireless service | $ | 54,933 | $ | - | $ | (47,536) | $ | 7,397 | $ | 57,696 | $ | - | $ | (49,687) | $ | 8,009 | |
Strategic services | - | 12,310 | - | 12,310 | - | 11,950 | - | 11,950 | |||||||||
Legacy voice and data services | - | 10,697 | - | 10,697 | - | 13,565 | - | 13,565 | |||||||||
Other services and equipment | - | 3,820 | - | 3,820 | - | 3,778 | - | 3,778 | |||||||||
Wireless equipment | 16,411 | - | (13,879) | 2,532 | 13,394 | - | (11,842) | 1,552 | |||||||||
Total Operating Revenues | 71,344 | 26,827 | (61,415) | 36,756 | 71,090 | 29,293 | (61,529) | 38,854 | |||||||||
Operating Expenses | |||||||||||||||||
Operations and support | 41,266 | 16,245 | (34,792) | 22,719 | 42,871 | 18,492 | (36,867) | 24,496 | |||||||||
EBITDA | 30,078 | 10,582 | (26,623) | 14,037 | 28,219 | 10,801 | (24,662) | 14,358 | |||||||||
Depreciation and amortization | 8,355 | 4,754 | (7,158) | 5,951 | 8,015 | 4,789 | (6,903) | 5,901 | |||||||||
Total Operating Expenses | 49,621 | 20,999 | (41,950) | 28,670 | 50,886 | 23,281 | (43,770) | 30,397 | |||||||||
Operating Income | 21,723 | 5,828 | (19,465) | 8,086 | 20,204 | 6,012 | (17,759) | 8,457 | |||||||||
Equity in net Income of Affiliates | (1) | (1) | 1 | (1) | - | (2) | 1 | (1) | |||||||||
Contribution | $ | 21,722 | $ | 5,827 | $ | (19,464) | $ | 8,085 | $ | 20,204 | $ | 6,010 | $ | (17,758) | $ | 8,456 | |
1 Non-business wireless reported in the Communication segment under the Mobility business unit. |