Annual report pursuant to Section 13 and 15(d)

Condensed Combined Statements of Operations

v3.6.0.2
Condensed Combined Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:      
Software sales $ 28,597 $ 10,364 $ 8,428
Service 1,858 76,139 58,426
Other 131 4,679 2,191
Total revenue 30,586 91,182 69,045
Operating costs and expenses      
Operating, including stock-based compensation 2,798 6,096 7,500
Selling, general and administrative, including stock-based compensation 34,703 42,792 47,778
Research and development, including stock-based compensation 10,240 17,032 18,477
Net gain on legal settlement   (60,450) (6,000)
Impairment of intangible assets   20,669 35,221
Depreciation and amortization 4,005 6,088 9,043
Total operating costs and expenses 51,746 32,227 112,019
Operating income (loss) (21,160) 58,955 (42,974)
Other income (expense):      
Interest Expense (14,956) (7,424) (1,138)
Dividend and interest income 5,020 3,797 5,426
Share of earnings (losses) of affiliates 641,544 (120,962) (127,573)
Realized and unrealized gains (losses) on financial instruments, net 94,122 2,619 51,189
Gain (loss) on dilution of investment in affiliate 770,766 (7,198) (87,158)
Other, net 336 158 (63)
Net earnings (loss) before income taxes 1,475,672 (70,055) (202,291)
Income tax benefit (expense) (558,369) 19,868 67,686
Net earnings (loss) attributable to Liberty Broadband shareholders $ 917,303 $ (50,187) $ (134,605)
Earnings Per Share, Basic $ 6.03 $ (0.49) $ (1.52)
Earnings Per Share, Diluted $ 6.00 $ (0.49) $ (1.52)