Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
9 Months Ended
Sep. 30, 2017
Segment Information  
Schedule of performance measures

 

 

Three months ended  September 30,

 

 

 

2017

 

2016

 

 

 

 

 

 

Adjusted

 

 

 

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

 

(amounts in thousands)

 

Skyhook

    

$

3,430

    

(980)

    

20,616

    

11,422

 

Charter

 

 

10,458,000

 

3,674,000

 

10,037,000

 

3,429,000

 

Corporate and other

 

 

 —

 

(2,366)

 

 —

 

(2,091)

 

 

 

 

10,461,430

 

3,670,654

 

10,057,616

 

3,438,331

 

Eliminate equity method affiliate

 

 

(10,458,000)

 

(3,674,000)

 

(10,037,000)

 

(3,429,000)

 

Consolidated Liberty Broadband

 

$

3,430

 

(3,346)

 

20,616

 

9,331

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30,

 

 

 

2017

 

2016

 

 

 

 

 

Adjusted

 

 

 

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

(amounts in thousands)

 

Skyhook

    

$

9,643

    

(6,839)

    

27,413

    

1,234

 

Charter

 

 

30,979,000

 

10,946,000

 

18,728,000

 

5,963,000

 

Corporate and other

 

 

 

(5,423)

 

 

(7,170)

 

 

 

 

30,988,643

 

10,933,738

 

18,755,413

 

5,957,064

 

Eliminate equity method affiliate

 

 

(30,979,000)

 

(10,946,000)

 

(18,728,000)

 

(5,963,000)

 

Consolidated Liberty Broadband

 

$

9,643

 

(12,262)

 

27,413

 

(5,936)

 

 

 

Schedule of segment reporting information

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

 

 

Total

 

Investments

 

Capital

 

 

 

assets

 

in affiliates

 

expenditures

 

 

 

(amounts in thousands)

 

Skyhook

    

$

26,136

    

    

27

 

Charter

 

 

148,228,000

 

 

6,096,000

 

Corporate and other

 

 

9,455,758

 

9,326,871

 

 

 

 

 

157,709,894

 

9,326,871

 

6,096,027

 

Eliminate equity method affiliate

 

 

(148,228,000)

 

 —

 

(6,096,000)

 

Consolidated Liberty Broadband

 

$

9,481,894

 

9,326,871

 

27

 

 

Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months

 

Nine months

 

 

 

ended September 30,

 

ended September 30,

 

 

 

2017

 

2016

 

2017

    

2016

 

 

 

 

(amounts in thousands)

 

Consolidated segment Adjusted OIBDA

    

$

(3,346)

    

9,331

    

(12,262)

    

(5,936)

 

Stock-based compensation

 

 

(1,499)

 

(1,736)

 

(4,376)

 

(4,582)

 

Depreciation and amortization

 

 

(942)

 

(971)

 

(2,844)

 

(2,935)

 

Operating income (loss)

 

 

(5,787)

 

6,624

 

(19,482)

 

(13,453)

 

Interest expense

 

 

(5,518)

 

(4,090)

 

(14,899)

 

(10,547)

 

Dividend and interest income

 

 

422

 

190

 

1,219

 

4,697

 

Share of earnings (loss) of affiliates

 

 

(5,280)

 

19,046

 

25,109

 

570,178

 

Realized and unrealized gains (losses) on financial instruments, net

 

 

2,675

 

 —

 

5,026

 

92,990

 

Gain (loss) on dilution of investment in affiliate

 

 

(3,718)

 

(16,331)

 

(42,515)

 

760,074

 

Other, net

 

 

 9

 

 5

 

11

 

112

 

Earnings (loss) before income taxes

 

$

(17,197)

 

5,444

 

(45,531)

 

1,404,051