| Schedule of performance measures |
|
|
|
|
|
|
|
|
Three months ended |
|
|
March 31, |
|
|
2021 |
|
2020 |
|
|
|
amounts in thousands |
GCI Holdings |
|
|
|
|
|
Consumer Revenue |
|
|
|
|
|
Wireless |
|
$ |
31,971 |
|
— |
Data |
|
|
52,225 |
|
— |
Video |
|
|
18,929 |
|
— |
Voice |
|
|
3,554 |
|
— |
Business Revenue |
|
|
|
|
|
Wireless |
|
|
18,901 |
|
— |
Data |
|
|
90,286 |
|
— |
Video |
|
|
802 |
|
— |
Voice |
|
|
6,148 |
|
— |
Lease, grant, and revenue from subsidies |
|
|
19,400 |
|
— |
Total GCI Holdings |
|
|
242,216 |
|
— |
Corporate and other |
|
|
4,318 |
|
4,104 |
Total |
|
$ |
246,534 |
|
4,104 |
|
| Schedule of segment reporting information |
|
|
|
|
|
|
|
|
|
Three months ended March 31, |
|
|
|
2021 |
|
2020 |
|
|
|
|
amounts in thousands |
|
GCI Holdings |
|
$ |
96,059 |
|
— |
|
Charter |
|
|
4,643,000 |
|
4,389,000 |
|
Corporate and other |
|
|
(13,306) |
|
(4,981) |
|
|
|
|
4,725,753 |
|
4,384,019 |
|
Eliminate equity method affiliate |
|
|
(4,643,000) |
|
(4,389,000) |
|
Consolidated Liberty Broadband |
|
$ |
82,753 |
|
(4,981) |
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2021 |
|
|
|
Total |
|
Investments |
|
Capital |
|
|
|
assets |
|
in affiliates |
|
expenditures |
|
|
|
|
amounts in thousands |
|
GCI Holdings |
|
$ |
3,507,595 |
|
391 |
|
28,605 |
|
Charter |
|
|
143,439,000 |
|
— |
|
1,821,000 |
|
Corporate and other |
|
|
16,983,447 |
|
15,735,280 |
|
12 |
|
|
|
|
163,930,042 |
|
15,735,671 |
|
1,849,617 |
|
Eliminate equity method affiliate |
|
|
(143,439,000) |
|
— |
|
(1,821,000) |
|
Consolidated Liberty Broadband |
|
$ |
20,491,042 |
|
15,735,671 |
|
28,617 |
|
|
| Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes |
|
|
|
|
|
|
|
|
|
Three months ended |
|
|
|
March 31, |
|
|
|
2021 |
|
2020 |
|
|
|
|
|
amounts in thousands |
|
Adjusted OIBDA |
|
$ |
82,753 |
|
(4,981) |
|
Stock-based compensation |
|
|
(9,870) |
|
(1,801) |
|
Depreciation and amortization |
|
|
(63,762) |
|
(493) |
|
Litigation settlement |
|
|
(110,000) |
|
— |
|
Operating income (loss) |
|
|
(100,879) |
|
(7,275) |
|
Interest expense |
|
|
(33,143) |
|
(5,861) |
|
Share of earnings (loss) of affiliates, net |
|
|
188,979 |
|
61,682 |
|
Gain (loss) on dilution of investment in affiliate |
|
|
(82,215) |
|
(59,325) |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
99,348 |
|
— |
|
Other, net |
|
|
(8,126) |
|
163 |
|
Earnings (loss) before income taxes |
|
$ |
63,964 |
|
(10,616) |
|
|