Segment Information (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
|---|
| Segment Information |
|
| Schedule of performance measures |
Performance Measures
|
|
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|
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|
|
|
|
|
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|
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|
Years ended December 31, |
|
|
|
2020 |
|
2019 |
|
2018 |
|
|
|
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
|
|
|
amounts in thousands |
|
GCI Holdings |
|
$ |
33,670 |
|
9,509 |
|
— |
|
— |
|
— |
|
— |
|
Skyhook |
|
|
17,036 |
|
(3,689) |
|
14,859 |
|
(4,704) |
|
22,256 |
|
3,161 |
|
Charter |
|
|
48,097,000 |
|
18,460,000 |
|
45,764,000 |
|
16,752,000 |
|
43,634,000 |
|
15,824,000 |
|
Corporate and other |
|
|
— |
|
(19,965) |
|
— |
|
(12,187) |
|
— |
|
(6,689) |
|
|
|
|
48,147,706 |
|
18,445,855 |
|
45,778,859 |
|
16,735,109 |
|
43,656,256 |
|
15,820,472 |
|
Eliminate equity method affiliate |
|
|
(48,097,000) |
|
(18,460,000) |
|
(45,764,000) |
|
(16,752,000) |
|
(43,634,000) |
|
(15,824,000) |
|
Consolidated Liberty Broadband |
|
$ |
50,706 |
|
(14,145) |
|
14,859 |
|
(16,891) |
|
22,256 |
|
(3,528) |
|
|
| Schedule of segment reporting information |
Other Information
|
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|
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|
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|
December 31, 2020 |
|
December 31, 2019 |
|
|
|
Total |
|
Investments |
|
Capital |
|
Total |
|
Investments |
|
Capital |
|
|
|
assets |
|
in affiliates |
|
expenditures |
|
assets |
|
in affiliates |
|
expenditures |
|
|
|
|
amounts in thousands |
|
GCI Holdings |
|
$ |
3,676,511 |
|
424 |
|
1,775 |
|
— |
|
— |
|
— |
|
Skyhook |
|
|
12,336 |
|
— |
|
43 |
|
18,145 |
|
— |
|
500 |
|
Charter |
|
|
144,206,000 |
|
— |
|
7,415,000 |
|
148,188,000 |
|
— |
|
7,195,000 |
|
Corporate and other |
|
|
17,682,277 |
|
16,179,261 |
|
— |
|
12,238,197 |
|
12,194,674 |
|
— |
|
|
|
|
165,577,124 |
|
16,179,685 |
|
7,416,818 |
|
160,444,342 |
|
12,194,674 |
|
7,195,500 |
|
Eliminate equity method affiliate |
|
|
(144,206,000) |
|
— |
|
(7,415,000) |
|
(148,188,000) |
|
— |
|
(7,195,000) |
|
Consolidated Liberty Broadband |
|
$ |
21,371,124 |
|
16,179,685 |
|
1,818 |
|
12,256,342 |
|
12,194,674 |
|
500 |
|
|
| Schedule of revenue by geographic area |
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2020 |
|
2019 |
|
2018 |
|
|
|
|
amounts in thousands |
|
United States |
|
$ |
48,529 |
|
12,507 |
|
19,946 |
|
Other countries |
|
|
2,177 |
|
2,352 |
|
2,310 |
|
|
|
$ |
50,706 |
|
14,859 |
|
22,256 |
|
|
| Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes |
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2020 |
|
2019 |
|
2018 |
|
|
|
|
amounts in thousands |
|
Consolidated segment Adjusted OIBDA |
|
$ |
(14,145) |
|
(16,891) |
|
(3,528) |
|
Stock-based compensation |
|
|
(9,134) |
|
(10,511) |
|
(5,707) |
|
Depreciation and amortization |
|
|
(15,227) |
|
(1,875) |
|
(2,779) |
|
Transaction costs |
|
|
(21,149) |
|
— |
|
— |
|
Operating income (loss) |
|
|
(59,655) |
|
(29,277) |
|
(12,014) |
|
Interest expense |
|
|
(28,158) |
|
(25,166) |
|
(23,302) |
|
Share of earnings (loss) of affiliates, net |
|
|
713,329 |
|
286,401 |
|
166,146 |
|
Gain (loss) on dilution of investment in affiliate |
|
|
(183,575) |
|
(79,329) |
|
(43,575) |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
(83,070) |
|
1,170 |
|
3,659 |
|
Other, net |
|
|
2,294 |
|
1,359 |
|
963 |
|
Earnings (loss) before income taxes |
|
$ |
361,165 |
|
155,158 |
|
91,877 |
|
|