Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (Unaudited)

v3.10.0.1
Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)

The following is a summary of unaudited quarterly results of operations for the years ended December 31, 2018 and 2017:
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
amounts in thousands,
except per share amounts
2018
 
 
 
 
 
 
 
Revenue
$
61,204

 
233,490

 
210,146

 
234,922

Operating income (loss)
$
(7,369
)
 
(593
)
 
(19,869
)
 
(222,161
)
Net earnings (loss)
$
(170,731
)
 
(303,480
)
 
317,256

 
(716,699
)
Net earnings (loss) attributable to GCI Liberty, Inc. shareholders
$
(170,692
)
 
(303,326
)
 
317,383

 
(716,668
)
Basic net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share
$
(1.58
)
 
(2.82
)
 
2.95

 
(6.72
)
Diluted net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share
$
(1.58
)
 
(2.82
)
 
2.91

 
(6.72
)
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
Revenue
$
3,969

 
6,177

 
5,493

 
8,178

Operating income (loss)
$
(11,351
)
 
(11,617
)
 
(10,469
)
 
(22,160
)
Net earnings (loss)
$
450,654

 
31,601

 
287,290

 
(44,988
)
Net earnings (loss) attributable to GCI Liberty, Inc. shareholders
$
450,654

 
31,602

 
287,362

 
(45,032
)
Basic net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share
$
4.13

 
0.29

 
2.64

 
(0.41
)
Diluted net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share
$
4.13

 
0.29

 
2.64

 
(0.41
)