Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Software sales $ 12,320 $ 28,597 $ 10,364
Service 772 1,858 76,139
Other   131 4,679
Total revenue 13,092 30,586 91,182
Operating costs and expenses      
Operating, including stock-based compensation 2,582 2,798 6,096
Selling, general and administrative, including stock-based compensation 24,065 34,703 42,792
Research and development, including stock-based compensation 8,153 10,240 17,032
Gain on legal settlement     60,450
Impairment of intangible assets     20,669
Depreciation and amortization 3,770 4,005 6,088
Total operating costs and expenses 38,570 51,746 32,227
Operating income (loss) (25,478) (21,160) 58,955
Other income (expense):      
Interest expense (19,570) (14,956) (7,424)
Dividend and interest income 1,449 5,020 3,797
Share of earnings (losses) of affiliates 2,508,991 641,544 (120,962)
Gain (loss) on dilution of investment in affiliate (17,872) 770,766 (7,198)
Realized and unrealized gains (losses) on financial instruments, net 3,098 94,122 2,619
Other, net (18) 336 158
Net earnings (loss) before income taxes 2,450,600 1,475,672 (70,055)
Income tax benefit (expense) (416,933) (558,369) 19,868
Net earnings (loss) attributable to Liberty Broadband shareholders $ 2,033,667 $ 917,303 $ (50,187)
Earnings Per Share, Basic $ 11.19 $ 6.03 $ (0.49)
Earnings Per Share, Diluted $ 11.10 $ 6.00 $ (0.49)