Segment Information (Tables)
|
12 Months Ended |
Dec. 31, 2019 |
|---|
| Segment Information |
|
| Schedule of performance measures |
Performance Measures
|
|
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|
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Years ended December 31, |
|
|
|
2019 |
|
2018 |
|
2017 |
|
|
|
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
|
|
amounts in thousands |
|
Skyhook |
|
$ |
14,859 |
|
(4,704) |
|
22,256 |
|
3,161 |
|
13,092 |
|
(9,496) |
|
Charter |
|
|
45,764,000 |
|
16,752,000 |
|
43,634,000 |
|
15,824,000 |
|
41,581,000 |
|
14,955,000 |
|
Corporate and other |
|
|
— |
|
(12,187) |
|
— |
|
(6,689) |
|
— |
|
(6,920) |
|
|
|
|
45,778,859 |
|
16,735,109 |
|
43,656,256 |
|
15,820,472 |
|
41,594,092 |
|
14,938,584 |
|
Eliminate equity method affiliate |
|
|
(45,764,000) |
|
(16,752,000) |
|
(43,634,000) |
|
(15,824,000) |
|
(41,581,000) |
|
(14,955,000) |
|
Consolidated Liberty Broadband |
|
$ |
14,859 |
|
(16,891) |
|
22,256 |
|
(3,528) |
|
13,092 |
|
(16,416) |
|
|
| Schedule of segment reporting information |
Other Information
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|
December 31, 2019 |
|
December 31, 2018 |
|
|
|
Total |
|
Investments |
|
Capital |
|
Total |
|
Investments |
|
Capital |
|
|
|
assets |
|
in affiliates |
|
expenditures |
|
assets |
|
in affiliates |
|
expenditures |
|
|
|
amounts in thousands |
|
Skyhook |
|
$ |
18,145 |
|
— |
|
500 |
|
21,763 |
|
— |
|
41 |
|
Charter |
|
|
148,188,000 |
|
— |
|
7,195,000 |
|
146,130,000 |
|
— |
|
9,125,000 |
|
Corporate and other |
|
|
12,238,197 |
|
12,194,674 |
|
— |
|
12,076,674 |
|
12,004,376 |
|
— |
|
|
|
|
160,444,342 |
|
12,194,674 |
|
7,195,500 |
|
158,228,437 |
|
12,004,376 |
|
9,125,041 |
|
Eliminate equity method affiliate |
|
|
(148,188,000) |
|
— |
|
(7,195,000) |
|
(146,130,000) |
|
— |
|
(9,125,000) |
|
Consolidated Liberty Broadband |
|
$ |
12,256,342 |
|
12,194,674 |
|
500 |
|
12,098,437 |
|
12,004,376 |
|
41 |
|
|
| Schedule of revenue by geographic area |
|
|
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|
|
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|
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|
Years ended December 31, |
|
|
|
2019 |
|
2018 |
|
2017 |
|
|
|
amounts in thousands |
|
United States |
|
$ |
12,507 |
|
19,946 |
|
10,315 |
|
Other countries |
|
|
2,352 |
|
2,310 |
|
2,777 |
|
|
|
$ |
14,859 |
|
22,256 |
|
13,092 |
|
|
| Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes |
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2019 |
|
2018 |
|
2017 |
|
|
|
amounts in thousands |
|
Consolidated segment Adjusted OIBDA |
|
$ |
(16,891) |
|
(3,528) |
|
(16,416) |
|
Stock-based compensation |
|
|
(10,511) |
|
(5,707) |
|
(5,292) |
|
Depreciation and amortization |
|
|
(1,875) |
|
(2,779) |
|
(3,770) |
|
Operating income (loss) |
|
|
(29,277) |
|
(12,014) |
|
(25,478) |
|
Interest expense |
|
|
(25,166) |
|
(23,302) |
|
(19,570) |
|
Share of earnings (loss) of affiliates, net |
|
|
286,401 |
|
166,146 |
|
2,508,991 |
|
Gain (loss) on dilution of investment in affiliate |
|
|
(79,329) |
|
(43,575) |
|
(17,872) |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
1,170 |
|
3,659 |
|
3,098 |
|
Other, net |
|
|
1,359 |
|
963 |
|
1,431 |
|
Earnings (loss) before income taxes |
|
$ |
155,158 |
|
91,877 |
|
2,450,600 |
|
|