Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (unaudited)

v3.19.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 422,861 $ 491,257
Trade and other receivables, net of allowance for doubtful accounts of $18,474 and $7,555, respectively 175,257 182,600
Current portion of tax sharing receivable 0 36,781
Other current assets 42,049 40,100
Total current assets 640,167 750,738
Investments in equity securities (note 5) 2,122,818 1,533,517
Investments accounted for using the equity method (note 6) 169,795 177,030
Property and equipment, net 1,127,338 1,184,606
Intangible assets not subject to amortization    
Goodwill 855,837 855,837
Intangible assets not subject to amortization 1,369,034 1,367,337
Intangible assets subject to amortization, net (note 7) 410,827 436,006
Tax sharing receivable 82,235 65,701
Other assets, net 198,193 71,514
Total assets 10,568,709 8,660,822
Current liabilities:    
Accounts payable and accrued liabilities 88,923 100,334
Deferred revenue 30,360 31,743
Current portion of debt, net of deferred financing costs (note 8) 901,856 900,759
Other current liabilities 56,909 47,958
Total current liabilities 1,078,048 1,080,794
Long-term debt, net, including $560,769 and $462,336 measured at fair value (note 8) 2,071,113 1,985,275
Obligations under finance leases and tower obligations, excluding current portion (note 9) 100,732 122,245
Long-term deferred revenue 60,917 65,954
Deferred income tax liabilities 1,246,322 793,696
Preferred stock (note 10) 177,532 177,103
Derivative instrument 138,701 0
Indemnification obligation (note 4) 133,348 78,522
Other liabilities 145,217 50,543
Total liabilities 5,151,930 4,354,132
Stockholders’ equity:    
Additional paid-in capital 3,219,710 3,251,957
Accumulated other comprehensive earnings (loss), net of taxes 4,988 168
Retained earnings 2,181,515 1,043,933
Total stockholders' equity 5,407,269 4,297,123
Non-controlling interests 9,510 9,567
Total equity 5,416,779 4,306,690
Commitments and contingencies
Total liabilities and equity 10,568,709 8,660,822
Series A common stock, $.01 par value. Authorized 500,000,000 shares; issued and outstanding 101,189,378 shares at June 30, 2019 and 102,058,816 shares at December 31, 2018    
Stockholders’ equity:    
Common stock, $.01 par value 1,012 1,021
Series B common stock, $.01 par value. Authorized 20,000,000 shares; issued and outstanding 4,439,460 shares at June 30, 2019 and 4,441,609 shares at December 31, 2018    
Stockholders’ equity:    
Common stock, $.01 par value 44 44
Series C common stock, $.01 par value. Authorized 1,040,000,000 shares; no shares issued    
Stockholders’ equity:    
Common stock, $.01 par value 0 0
Cable certificates    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 305,000 305,000
Wireless licenses    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 191,697 190,000
Other    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 16,500 16,500
Liberty Broadband    
Current assets:    
Investments accounted for using the equity method (note 6) $ 4,448,302 $ 3,074,373