Liberty broadband corporation (LBRDA)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13
Revenue:
Total Revenue

15,505

14,859

14,494

14,299

13,923

22,256

22,129

22,041

21,743

13,092

12,816

30,002

29,895

30,586

77,409

72,018

81,697

91,182

58,719

60,939

65,440

69,045

69,139

0

0

0

Operating costs and expenses
Operating, including stock-based compensation (note 6)

9,665

9,450

8,933

8,536

8,338

7,994

14,631

13,351

12,029

10,735

2,667

2,803

2,745

2,798

3,748

4,056

4,275

6,096

6,264

7,082

7,928

7,500

7,620

0

0

0

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Selling, general and administrative, including stock-based compensation (note 6)

34,291

32,811

29,731

26,411

23,708

23,497

23,394

24,396

25,248

24,065

25,010

28,676

31,441

34,703

38,493

38,153

39,682

42,792

41,937

40,428

46,333

47,778

47,711

0

0

0

Research and development, including stock-based compensation

-

-

-

-

-

-

-

-

-

-

8,414

9,358

9,919

10,240

12,184

13,312

14,042

17,032

17,481

18,657

19,766

18,477

18,314

0

0

0

Gain on legal settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60,450

66,505

0

0

-

0

-

-

-

Depreciation and amortization

1,900

1,875

1,878

1,908

2,338

2,779

3,235

3,676

3,726

3,770

3,914

3,943

3,972

4,005

4,103

3,952

3,830

6,088

7,380

9,039

10,664

9,043

7,648

0

0

0

Total operating costs and expenses

45,856

44,136

40,542

36,855

34,384

34,270

35,046

36,649

38,613

38,570

40,005

44,780

48,077

51,746

79,252

80,197

82,553

32,227

47,778

43,922

53,407

112,019

78,189

0

0

0

Operating income (loss)

-30,351

-29,277

-26,048

-22,556

-20,461

-12,014

-12,917

-14,608

-16,870

-25,478

-27,189

-14,778

-18,182

-21,160

-1,843

-8,179

-856

58,955

10,941

17,017

12,033

-42,974

-9,050

0

0

0

Other income (expense):
Interest expense

24,484

25,166

25,271

25,115

24,808

23,302

21,710

21,261

20,052

19,570

19,308

17,880

17,070

14,956

12,475

10,201

8,104

7,424

0

0

0

-

-

-

-

-

Dividend and interest income

-

-

-

-

-

-

-

-

1,336

-

1,542

1,310

3,169

5,020

6,623

7,038

4,950

3,797

3,066

3,689

5,039

5,426

5,997

0

0

0

Share of earnings (losses) of affiliates (note 4)

313,234

286,401

181,076

204,182

191,693

166,146

2,610,834

2,520,815

2,499,371

2,508,991

96,475

120,801

730,744

641,544

514,963

491,918

-148,190

-120,962

-97,352

-127,895

-140,973

-127,573

-134,368

0

0

0

Gain (loss) on dilution of investment in affiliate (note 4)

-97,251

-79,329

-77,354

-69,338

-58,221

-43,575

-10,522

-11,037

-12,491

-17,872

-31,823

-44,436

740,352

770,766

754,989

770,469

-8,512

-7,198

-28,109

-38,211

-41,730

-87,158

-113,325

0

0

0

Realized and unrealized gains (losses) on financial instruments, net (note 4)

-

-

0

-

-

-

0

0

-

3,098

6,158

3,483

50,098

94,122

107,700

84,584

48,953

2,619

15,353

25,937

62,562

51,189

32,912

0

0

0

Other, net

1,099

1,359

1,429

1,272

0

-

0

0

-

1,431

235

231

264

336

236

241

253

158

31

29

-42

-63

-68

0

0

0

Earnings (loss) before income taxes

163,417

155,158

53,444

94,225

93,023

91,877

2,568,285

2,473,687

2,453,394

2,450,600

26,090

48,731

1,489,375

1,475,672

1,370,193

1,335,870

-111,506

-70,055

-102,704

-124,252

-106,010

-202,291

-217,902

0

0

0

Income tax benefit (expense)

39,742

37,942

13,393

22,031

22,301

21,924

452,183

427,088

420,352

416,933

7,775

16,763

564,276

558,369

526,892

515,653

-33,760

-19,868

-34,114

-42,967

-34,438

-67,686

-78,081

0

0

0

Net earnings (loss) attributable to Liberty Broadband shareholders

123,675

117,216

40,051

72,194

70,722

69,953

2,116,102

2,046,599

2,033,042

2,033,667

18,315

31,968

925,099

917,303

843,301

820,217

-77,746

-50,187

-68,590

-81,285

-71,572

-134,605

-139,821

0

0

0

Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2)

-0.04

0.51

0.15

0.07

-0.08

0.08

0.33

0.06

-0.08

11.34

-0.05

-0.02

-0.08

-0.08

0.02

6.31

-0.22

-0.27

-0.19

-0.08

0.05

-0.53

-0.36

0.02

-0.65

-

Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2)

-0.04

0.50

0.15

0.07

-0.08

0.07

0.33

0.06

-0.08

11.25

-0.05

-0.02

-0.08

-0.08

0.02

6.28

-0.22

-0.27

-0.19

-0.08

0.05

-0.53

-0.36

0.02

-0.65

-

Unaudited Pro Forma basic net earnings (loss) attributable to Series A and Series B Liberty Broadband shareholders per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.61

Software sales
Total Revenue

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service
Total Revenue

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,426

59,291

0

0

0

Other
Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,191

9,848

0

0

0