Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED INCOME STATEMENTS

v3.2.0.727
CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Non-related party $ 247,528 $ 210,236 $ 473,334 $ 410,739
Related party 0 14,163 5,283 29,943
Total revenues 247,528 224,399 478,617 440,682
Cost of goods sold (exclusive of depreciation and amortization shown separately below):        
Non-related party 79,256 69,707 153,143 138,850
Related party 0 2,675 881 5,306
Total cost of goods sold 79,256 72,382 154,024 144,156
Selling, general and administrative expenses:        
Non-related party 83,047 68,685 166,435 139,427
Related party 0 1,132 540 2,282
Total selling, general and administrative expenses 83,047 69,817 166,975 141,709
Depreciation and amortization expense 45,171 43,786 90,406 86,138
Software impairment charge 851 0 27,268 0
Operating income 39,203 38,414 39,944 68,679
Other income (expense):        
Loss on extinguishment of debt (27,700) 0 (27,700) 0
Interest expense (including amortization of deferred loan fees) (22,400) (18,170) (43,385) (36,381)
Impairment of equity method investment (12,593) 0 (12,593) 0
Derivative instrument unrealized loss (2,950) 0 (5,070) 0
Other 4,390 (1,049) 1,243 (1,146)
Other expense, net (61,253) (19,219) (87,505) (37,527)
Income (loss) before income taxes (22,050) 19,195 (47,561) 31,152
Income tax (expense) benefit 6,293 (2,355) 13,079 (3,551)
Net income (loss) (15,757) 16,840 (34,482) 27,601
Net income (loss) attributable to non-controlling interests (130) 10,913 414 20,534
Net income (loss) attributable to General Communication, Inc. (15,627) 5,927 (34,896) 7,067
Common Stock - Class A [Member]        
Other income (expense):        
Net income (loss) attributable to General Communication, Inc. $ (14,330) $ 5,476 $ (32,048) $ 6,526
Net income per common share        
Basic net income attributable to General Communication, Inc. common stockholders (USD per share) $ (0.41) $ 0.14 $ (0.90) $ 0.17
Diluted net income attributable to General Communication, Inc. common stockholders (USD per share) $ (0.41) $ 0.14 $ (0.90) $ 0.17
Common Stock - Class B [Member]        
Other income (expense):        
Net income (loss) attributable to General Communication, Inc. $ (1,297) $ 451 $ (2,848) $ 541
Net income per common share        
Basic net income attributable to General Communication, Inc. common stockholders (USD per share) $ (0.41) $ 0.14 $ (0.90) $ 0.17
Diluted net income attributable to General Communication, Inc. common stockholders (USD per share) $ (0.41) $ 0.14 $ (0.90) $ 0.17