Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.10.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue:      
Revenue $ 22,256 $ 13,092 $ 30,586
Operating costs and expenses      
Operating, including stock-based compensation 2,038 2,582 2,798
Selling, general and administrative, including stock-based compensation 23,497 24,065 34,703
Research and development, including stock-based compensation 5,956 8,153 10,240
Depreciation and amortization 2,779 3,770 4,005
Total operating costs and expenses 34,270 38,570 51,746
Operating income (loss) (12,014) (25,478) (21,160)
Other income (expense):      
Interest expense (23,302) (19,570) (14,956)
Dividend and interest income 881 1,449 5,020
Share of earnings (losses) of affiliates 166,146 2,508,991 641,544
Gain (loss) on dilution of investment in affiliate (43,575) (17,872) 770,766
Realized and unrealized gains (losses) on financial instruments, net 3,659 3,098 94,122
Other, net 82 (18) 336
Earnings (loss) from continuing operations before income taxes 91,877 2,450,600 1,475,672
Income tax benefit (expense) (21,924) (416,933) (558,369)
Net earnings (loss) attributable to Liberty Broadband shareholders $ 69,953 $ 2,033,667 $ 917,303
Basic earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share $ 0.39 $ 11.19 $ 6.03
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share $ 0.38 $ 11.10 $ 6.00
Software sales      
Revenue:      
Revenue $ 22,256 $ 12,320 $ 28,597
Service      
Revenue:      
Revenue   $ 772 1,858
Other      
Revenue:      
Revenue     $ 131