Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total Revenue $ 3,713 $ 3,518 $ 10,918 $ 18,680
Revenue, Product and Service [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating costs and expenses        
Operating, including stock-based compensation (note 6) $ 2,323 $ 1,926 $ 6,803 $ 5,864
Selling, general and administrative, including stock-based compensation (note 6) 8,507 5,187 23,662 17,428
Depreciation and amortization 471 501 1,408 2,309
Total operating costs and expenses 11,301 7,614 31,873 25,601
Operating income (loss) (7,588) (4,096) (20,955) (6,921)
Other income (expense):        
Interest expense (6,123) (5,967) (19,008) (17,039)
Share of earnings (losses) of affiliates (note 4) 61,633 84,739 141,882 126,952
Gain (loss) on dilution of investment in affiliate (note 4) (11,219) (3,203) (68,944) (35,165)
Realized and unrealized gains (losses) on financial instruments, net (note 3) (433) 5,678 (433) 3,659
Other, net 350 250 1,179 668
Net earnings (loss) before income taxes 36,620 77,401 33,721 72,154
Income tax benefit (expense) (9,124) (17,762) (8,474) (17,005)
Net earnings (loss) attributable to Liberty Broadband shareholders $ 27,496 $ 59,639 $ 25,247 $ 55,149
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.15 $ 0.33 $ 0.14 $ 0.30
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) $ 0.15 $ 0.33 $ 0.14 $ 0.30