Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (unaudited)

v3.19.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 422,420 $ 491,257
Trade and other receivables, net of allowance for doubtful accounts of $17,548 and $7,555, respectively 175,825 182,600
Current portion of tax sharing receivable 36,781 36,781
Other current assets 34,349 40,100
Total current assets 669,375 750,738
Investments in equity securities (note 5) 1,867,838 1,533,517
Investments accounted for using the equity method (note 6) 172,975 177,030
Property and equipment, net 1,161,345 1,184,606
Intangible assets not subject to amortization    
Goodwill 855,837 855,837
Intangible assets not subject to amortization 1,369,034 1,367,337
Intangible assets subject to amortization, net (note 7) 423,431 436,006
Tax sharing receivable 74,782 65,701
Other assets, net 163,848 71,514
Total assets 9,818,260 8,660,822
Current liabilities:    
Accounts payable and accrued liabilities 80,678 100,334
Deferred revenue 32,004 31,743
Current portion of debt, net of deferred financing costs (note 8) 901,306 900,759
Variable forward 91,484 20,340
Other current liabilities 67,490 27,618
Total current liabilities 1,172,962 1,080,794
Long-term debt, net, including $521,376 and $462,336 measured at fair value (note 8) 2,042,158 1,985,275
Obligations under finance leases and tower obligations, excluding current portion (note 9) 118,039 122,245
Long-term deferred revenue 62,324 65,954
Deferred income tax liabilities 1,064,198 793,696
Preferred stock (note 10) 177,445 177,103
Indemnification obligation (note 4) 110,317 78,522
Other liabilities 121,835 50,543
Total liabilities 4,869,278 4,354,132
Stockholders’ equity:    
Additional paid-in capital 3,212,878 3,251,957
Accumulated other comprehensive earnings (loss), net of taxes 3,068 168
Retained earnings 1,722,471 1,043,933
Total stockholders' equity 4,939,472 4,297,123
Non-controlling interests 9,510 9,567
Total equity 4,948,982 4,306,690
Commitments and contingencies
Total liabilities and equity 9,818,260 8,660,822
Series A common stock, $.01 par value. Authorized 500,000,000 shares; issued and outstanding 101,078,065 shares at March 31, 2019 and 102,058,816 shares at December 31, 2018    
Stockholders’ equity:    
Common stock, $.01 par value 1,011 1,021
Series B common stock, $.01 par value. Authorized 20,000,000 shares; issued and outstanding 4,441,109 shares at March 31, 2019 and 4,441,609 shares at December 31, 2018    
Stockholders’ equity:    
Common stock, $.01 par value 44 44
Series C common stock, $.01 par value. Authorized 1,040,000,000 shares; no shares issued    
Stockholders’ equity:    
Common stock, $.01 par value 0 0
Cable certificates    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 305,000 305,000
Wireless licenses    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 191,697 190,000
Other    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 16,500 16,500
Liberty Broadband    
Current assets:    
Investments accounted for using the equity method (note 6) $ 3,915,632 $ 3,074,373