Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net earnings (loss) $ (27,286) $ 871,702
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 2,844 2,935
Stock-based compensation 4,376 4,582
Share of (earnings) losses of affiliates (25,109) (570,178)
(Gain) loss on dilution of investment in affiliate 42,515 (760,074)
Realized and unrealized (gains) losses on financial instruments, net (5,026) (92,990)
Deferred Income Tax Expense (Benefit) (18,259) 533,626
Other, net 1,080 112
Changes in operating assets and liabilities:    
Current and other assets (1,455) 7,954
Payables and other liabilities 2,724 (2,702)
Net cash provided (used) by operating activities (23,596) (5,033)
Cash flows from investing activities:    
Capital expended for property and equipment (27) (154)
Purchases of short term investments and other marketable securities   (155,444)
Sales of short term investments and other marketable securities   164,458
Investment in equity method affiliate   (5,000,000)
Other investing activities, net 14 453
Net cash provided (used) by investing activities (13) (4,990,687)
Cash flows from financing activities:    
Borrowings of debt 500,000 200,000
Repayments of debt (600,000)  
Cash received from issuance of Series C Liberty Broadband common stock   4,400,000
Payments from issuances of financial instruments (101,638)  
Proceeds from settlements of financial instruments 155,683  
Other financing activities, net (739) (318)
Net cash provided (used) by financing activities (46,694) 4,599,682
Net increase (decrease) in cash (70,303) (396,038)
Cash and cash equivalents, beginning of period 205,728 655,079
Cash and cash equivalents, end of period $ 135,425 $ 259,041