Annual report pursuant to Section 13 and 15(d)

Information About the Company's Operating Segments (Tables)

v3.10.0.1
Information About the Company's Operating Segments (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
 
Years ended December 31,
 
2018
 
2017
 
2016
 
Revenue
 
Adjusted OIBDA
 
Revenue
 
Adjusted OIBDA
 
Revenue
 
Adjusted OIBDA
 
amounts in thousands
GCI Holdings
$
715,842

 
217,832

 
—

 
—

 
—

 
—

Liberty Broadband
22,256

 
(3,528
)
 
13,092

 
(16,416
)
 
30,586

 
(11,442
)
Corporate and other
23,920

 
(24,731
)
 
23,817

 
(25,762
)
 
22,552

 
(16,063
)
 
762,018

 
189,573

 
36,909

 
(42,178
)
 
53,138

 
(27,505
)
Eliminate Liberty Broadband
(22,256
)
 
3,528

 
(13,092
)
 
16,416

 
(30,586
)
 
11,442

 
$
739,762

 
193,101

 
23,817

 
(25,762
)
 
22,552

 
(16,063
)

Reconciliation of Assets from Segment to Consolidated
 
December 31, 2018
 
December 31, 2017
 
Total
 
Investments
 
Capital
 
Total
 
Investments
 
Capital
 
assets
 
in affiliates
 
expenditures
 
assets
 
in affiliates
 
expenditures
 
amounts in thousands
GCI Holdings
$
3,343,372

 
719

 
131,029

 
—

 
—

 
—

Liberty Broadband
12,098,437

 
12,004,376

 
41

 
11,931,789

 
11,835,613

 
70

Corporate and other
5,317,450

 
176,311

 
3,323

 
6,172,213

 
114,655

 
3,488

 
20,759,259

 
12,181,406

 
134,393

 
18,104,002

 
11,950,268

 
3,558

Eliminate Liberty Broadband
(12,098,437
)
 
(12,004,376
)
 
(41
)
 
(11,931,789
)
 
(11,835,613
)
 
(70
)
Consolidated
$
8,660,822

 
177,030

 
134,352

 
6,172,213

 
114,655

 
3,488

Reconciliation of Adjusted OIBDA to Operating Income and Earnings (Loss) from Continuing Operations
The following table provides a reconciliation of segment Adjusted OIBDA to operating income and earnings (loss) from continuing operations before income taxes:
 
Years ended December 31,
 
2018
 
2017
 
2016
 
amounts in thousands
Consolidated segment Adjusted OIBDA
$
193,101

 
(25,762
)
 
(16,063
)
Stock‑based compensation
(28,207
)
 
(26,583
)
 
(16,128
)
Depreciation and amortization
(206,946
)
 
(3,252
)
 
(2,964
)
Impairment of intangibles and long-lived assets
(207,940
)
 
—

 
—

Operating income (loss)
(249,992
)
 
(55,597
)
 
(35,155
)
Interest expense
(119,296
)
 
—

 
—

Share of earnings (loss) of affiliates, net
25,772

 
7,001

 
11,831

Realized and unrealized gains (losses) on financial instruments, net
(681,545
)
 
637,164

 
1,309,365

Tax sharing agreement
(32,105
)
 
—

 
—

Other, net
205

 
2,467

 
30,773

Earnings (loss) from continuing operations before income taxes
$
(1,056,961
)
 
591,035

 
1,316,814