Liberty Broadband Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Receivables and Allowance for Doubtful Receivables

Receivables and Allowance for Doubtful Receivables

12 Months Ended

Dec. 31, 2015

Receivables and Allowance for Doubtful Receivables

Receivables consist of the following at December 31, 2015 and 2014 (amounts in thousands):



	2015		2014
Trade	$	205,645	209,811
Employee	1,271		801
Other	1,468		1,829
Total receivables	$	208,384	212,441

As described in Note 1(w) of this Form 10-K we receive support from each of the various USF programs: high cost, low income, rural health care, and schools and libraries. This support was 19%, 19%, and 18% of our revenue for the years ended December 31, 2015, 2014 and 2013, respectively. We had USF net receivables of $98.1 million and $109.6 million at December 31, 2015 and 2014, respectively.

Changes in the allowance for doubtful receivables during the years ended December 31, 2015, 2014 and 2013 are summarized below (amounts in thousands):



			Additions			Deductions
Description	Balance at beginning of year		Charged to costs and expenses	Charged to other accounts		Write-offs net of recoveries	Balance at end of year
December 31, 2015	$	4,542	6,359	—		7,271	3,630
December 31, 2014	$	2,346	3,994	—		1,798	4,542
December 31, 2013	$	3,215	2,370	(446	)	2,793	2,346

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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