Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Total Revenue $ 14,859 $ 22,256 $ 13,092
Operating costs and expenses      
Operating, including stock-based compensation (note 9) 9,450 7,994 10,735
Selling, general and administrative, including stock-based compensation (note 9) 32,811 23,497 24,065
Depreciation and amortization 1,875 2,779 3,770
Total operating costs and expenses 44,136 34,270 38,570
Operating income (loss) (29,277) (12,014) (25,478)
Other income (expense):      
Interest expense (25,166) (23,302) (19,570)
Share of earnings (losses) of affiliates (note 5) 286,401 166,146 2,508,991
Gain (loss) on dilution of investment in affiliate (note 5) (79,329) (43,575) (17,872)
Realized and unrealized gains (losses) on financial instruments, net (note 4) 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
Income tax benefit (expense) (37,942) (21,924) (416,933)
Net earnings (loss) attributable to Liberty Broadband shareholders $ 117,216 $ 69,953 $ 2,033,667
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) $ 0.65 $ 0.39 $ 11.19
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) $ 0.64 $ 0.38 $ 11.10
Software sales      
Revenue:      
Total Revenue $ 14,859 $ 22,256 $ 12,320
Service      
Revenue:      
Total Revenue     $ 772