| Schedule of performance measures |
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|
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|
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|
Three months ended June 30, |
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2019 |
|
2018 |
|
|
|
|
|
|
Adjusted |
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|
|
Adjusted |
|
|
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
|
|
|
(amounts in thousands) |
|
Skyhook |
|
$ |
3,747 |
|
(876) |
|
3,371 |
|
(1,023) |
|
Charter |
|
|
11,347,000 |
|
4,123,000 |
|
10,854,000 |
|
4,022,000 |
|
Corporate and other |
|
|
— |
|
(3,298) |
|
— |
|
(1,753) |
|
|
|
|
11,350,747 |
|
4,118,826 |
|
10,857,371 |
|
4,019,224 |
|
Eliminate equity method affiliate |
|
|
(11,347,000) |
|
(4,123,000) |
|
(10,854,000) |
|
(4,022,000) |
|
Consolidated Liberty Broadband |
|
$ |
3,747 |
|
(4,174) |
|
3,371 |
|
(2,776) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, |
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|
|
2019 |
|
2018 |
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|
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
|
|
(amounts in thousands) |
|
Skyhook |
|
$ |
7,205 |
|
(2,069) |
|
15,162 |
|
5,076 |
|
Charter |
|
|
22,553,000 |
|
8,183,000 |
|
21,511,000 |
|
7,846,000 |
|
Corporate and other |
|
|
— |
|
(5,222) |
|
— |
|
(3,292) |
|
|
|
|
22,560,205 |
|
8,175,709 |
|
21,526,162 |
|
7,847,784 |
|
Eliminate equity method affiliate |
|
|
(22,553,000) |
|
(8,183,000) |
|
(21,511,000) |
|
(7,846,000) |
|
Consolidated Liberty Broadband |
|
$ |
7,205 |
|
(7,291) |
|
15,162 |
|
1,784 |
|
|
| Schedule of segment reporting information |
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June 30, 2019 |
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|
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Total |
|
Investments |
|
Capital |
|
|
|
assets |
|
in affiliates |
|
expenditures |
|
|
|
(amounts in thousands) |
|
Skyhook |
|
$ |
22,765 |
|
— |
|
50 |
|
Charter |
|
|
146,085,000 |
|
— |
|
3,262,000 |
|
Corporate and other |
|
|
12,084,404 |
|
12,023,742 |
|
— |
|
|
|
|
158,192,169 |
|
12,023,742 |
|
3,262,050 |
|
Eliminate equity method affiliate |
|
|
(146,085,000) |
|
— |
|
(3,262,000) |
|
Consolidated Liberty Broadband |
|
$ |
12,107,169 |
|
12,023,742 |
|
50 |
|
|
| Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes |
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Three months ended |
|
Six months |
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|
|
June 30, |
|
ended June 30, |
|
|
|
2019 |
|
2018 |
|
2019 |
|
2018 |
|
|
|
|
(amounts in thousands) |
|
Consolidated segment Adjusted OIBDA |
|
$ |
(4,174) |
|
(2,776) |
|
(7,291) |
|
1,784 |
|
Stock-based compensation |
|
|
(2,523) |
|
(1,396) |
|
(5,139) |
|
(2,801) |
|
Depreciation and amortization |
|
|
(469) |
|
(899) |
|
(937) |
|
(1,808) |
|
Operating income (loss) |
|
|
(7,166) |
|
(5,071) |
|
(13,367) |
|
(2,825) |
|
Interest expense |
|
|
(6,342) |
|
(6,035) |
|
(12,885) |
|
(11,072) |
|
Share of earnings (loss) of affiliates, net |
|
|
45,400 |
|
32,911 |
|
80,249 |
|
42,213 |
|
Gain (loss) on dilution of investment in affiliate |
|
|
(16,322) |
|
(5,205) |
|
(57,725) |
|
(31,962) |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
— |
|
(2,019) |
|
— |
|
(2,019) |
|
Other, net |
|
|
406 |
|
193 |
|
829 |
|
418 |
|
Earnings (loss) before income taxes |
|
$ |
15,976 |
|
14,774 |
|
(2,899) |
|
(5,247) |
|
|