Liberty Broadband Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill

Intangible Assets and Goodwill

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill



	GCI Holdings		Corporate and other	Total
	amounts in thousands
Balance at January 1, 2018	$	—	25,569	25,569
Acquisitions	932,403		—	932,403
Balance at June 30, 2018	$	932,403	25,569	957,972

Intangible Assets Subject to Amortization



	June 30, 2018
	Gross				Net
	carrying		Accumulated		carrying
	amount		amortization		amount
	amounts in thousands
Customer relationships	$	443,268	(36,446	)	406,822
Other amortizable intangibles	112,596		(27,100	)	85,496
Total	$	555,864	(63,546	)	492,318

Amortization expense for intangible assets with finite useful lives was $16.4 million and $780 thousand for the three months ended June 30, 2018 and 2017, respectively. Amortization expense for intangible assets with finite useful lives was $21.6 million and $1.5 million for the six months ended June 30, 2018 and 2017, respectively. Amortization expense for amortizable intangible assets for each of the five succeeding fiscal years is estimated to be (amounts in thousands):



Remainder of 2018	$	30,506
2019	$	60,659
2020	$	52,643
2021	$	47,364
2022	$	40,946