Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Total Revenue $ 3,747 $ 3,371 $ 7,205 $ 15,162
Revenue, Product and Service [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating costs and expenses        
Operating, including stock-based compensation (note 6) $ 2,227 $ 2,029 $ 4,480 $ 3,938
Selling, general and administrative, including stock-based compensation (note 6) 8,217 5,514 15,155 12,241
Depreciation and amortization 469 899 937 1,808
Total operating costs and expenses 10,913 8,442 20,572 17,987
Operating income (loss) (7,166) (5,071) (13,367) (2,825)
Other income (expense):        
Interest expense (6,342) (6,035) (12,885) (11,072)
Share of earnings (losses) of affiliates (note 4) 45,400 32,911 80,249 42,213
Gain (loss) on dilution of investment in affiliate (note 4) (16,322) (5,205) (57,725) (31,962)
Realized and unrealized gains (losses) on financial instruments, net (note 3)   (2,019)   (2,019)
Other, net 406 193 829 418
Net earnings (loss) before income taxes 15,976 14,774 (2,899) (5,247)
Income tax benefit (expense) (3,924) (4,194) 650 757
Net earnings (loss) attributable to Liberty Broadband shareholders $ 12,052 $ 10,580 $ (2,249) $ (4,490)
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.07 $ 0.06 $ (0.01) $ (0.02)
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.07 $ 0.06 $ (0.01) $ (0.02)