v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Revenue $ 242,284 $ 4,114 $ 488,818 $ 8,218
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses        
Operating, including stock-based compensation (note 9) $ 67,104 $ 2,524 $ 136,282 $ 4,992
Selling, general and administrative, including stock-based compensation and transaction costs (note 9) 110,398 10,930 214,871 19,348
Depreciation and amortization 66,874 492 130,636 985
Litigation settlement     110,000  
Total operating costs and expenses 244,376 13,946 591,789 25,325
Operating income (loss) (2,092) (9,832) (102,971) (17,107)
Other income (expense):        
Interest expense (including amortization of deferred loan fees) (28,734) (5,131) (61,877) (10,992)
Share of earnings (losses) of affiliates (note 5) 248,848 158,128 437,827 219,810
Gain (loss) on dilution of investment in affiliate (note 5) (14,538) (46,001) (96,753) (105,326)
Realized and unrealized gains (losses) on financial instruments, net (note 4) (125,064)   (25,716)  
Other, net 22,720 28 14,594 191
Earnings (loss) before income taxes 101,140 97,192 165,104 86,576
Income tax (expense) benefit (44,926) (24,978) (56,711) (22,204)
Net earnings (loss) 56,214 72,214 108,393 64,372
Less net earnings (loss) attributable to the non-controlling interests (42)   (83)  
Net earnings (loss) attributable to Liberty Broadband shareholders $ 56,256 $ 72,214 $ 108,476 $ 64,372
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.30 $ 0.40 $ 0.57 $ 0.35
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.30 $ 0.39 $ 0.56 $ 0.35

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