Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total Revenue $ 4,114 $ 3,747 $ 8,218 $ 7,205
Operating costs and expenses        
Operating, including stock-based compensation (note 6) 2,524 2,227 4,992 4,480
Selling, general and administrative, including stock-based compensation (note 6) 10,930 8,217 19,348 15,155
Depreciation and amortization 492 469 985 937
Total operating costs and expenses 13,946 10,913 25,325 20,572
Operating income (loss) (9,832) (7,166) (17,107) (13,367)
Other income (expense):        
Interest expense (5,131) (6,342) (10,992) (12,885)
Share of earnings (losses) of affiliates (note 4) 158,128 45,400 219,810 80,249
Gain (loss) on dilution of investment in affiliate (note 4) (46,001) (16,322) (105,326) (57,725)
Other, net 28 406 191 829
Net earnings (loss) before income taxes 97,192 15,976 86,576 (2,899)
Income tax benefit (expense) (24,978) (3,924) (22,204) 650
Net earnings (loss) attributable to Liberty Broadband shareholders $ 72,214 $ 12,052 $ 64,372 $ (2,249)
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.40 $ 0.07 $ 0.35 $ (0.01)
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.39 $ 0.07 $ 0.35 $ (0.01)
Software sales        
Revenue:        
Total Revenue $ 4,114 $ 3,747 $ 8,108 $ 7,205
Service        
Revenue:        
Total Revenue     $ 110