Liberty broadband corporation (LBRDK)
Income statement / Quarterly
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

4,104

3,941

3,713

3,747

3,458

3,576

3,518

3,371

11,791

3,449

3,430

3,073

3,140

3,173

20,616

2,966

3,831

49,996

15,225

12,645

13,316

17,533

17,445

17,146

16,921

17,627

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

2,468

2,647

2,323

2,227

2,253

2,130

1,926

2,029

1,909

8,767

646

707

615

699

782

649

668

1,649

1,090

868

2,489

1,817

1,908

1,714

2,061

1,937

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,896

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

8,418

9,149

8,507

8,217

6,938

6,069

5,187

5,514

6,727

5,966

6,189

6,366

5,544

6,911

9,855

9,131

8,806

10,701

9,515

10,660

11,916

9,846

8,006

16,565

13,361

9,779

Research and development, including stock-based compensation

-

-

-

-

-

-

-

-

-

-

1,440

2,384

2,390

2,200

2,384

2,945

2,711

4,144

3,512

3,675

5,701

4,593

4,688

4,784

4,412

4,430

Gain on legal settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-55

0

0

60,505

-

6,000

-

-

-

Depreciation and amortization

493

467

471

469

468

470

501

899

909

926

942

949

953

1,070

971

978

986

1,168

820

856

3,244

2,460

2,479

2,481

1,623

1,065

Total operating costs and expenses

11,379

12,263

11,301

10,913

9,659

8,669

7,614

8,442

9,545

9,445

9,217

10,406

9,502

10,880

13,992

13,703

13,171

38,386

14,937

16,059

-37,155

53,937

11,081

25,544

21,457

20,107

Operating income (loss)

-7,275

-8,322

-7,588

-7,166

-6,201

-5,093

-4,096

-5,071

2,246

-5,996

-5,787

-7,333

-6,362

-7,707

6,624

-10,737

-9,340

11,610

288

-3,414

50,471

-36,404

6,364

-8,398

-4,536

-2,480

Other income (expense):
Interest expense

5,861

6,158

6,123

6,342

6,543

6,263

5,967

6,035

5,037

4,671

5,518

4,826

4,555

4,409

4,090

4,016

2,441

1,928

1,816

1,919

1,761

-

-

-

-

-

Dividend and interest income

-

-

-

-

-

-

-

-

225

-

422

459

338

323

190

2,318

2,189

1,926

605

230

1,036

1,195

1,228

1,580

1,423

1,766

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

61,682

144,519

61,633

45,400

34,849

39,194

84,739

32,911

9,302

2,483,882

-5,280

11,467

18,922

71,366

19,046

621,410

-70,278

-55,215

-3,999

-18,698

-43,050

-31,605

-34,542

-31,776

-29,650

-38,400

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

-59,325

-10,385

-11,219

-16,322

-41,403

-8,410

-3,203

-5,205

-26,757

24,643

-3,718

-6,659

-32,138

10,692

-16,331

778,129

-1,724

-5,085

-851

-852

-410

-25,996

-10,953

-4,371

-45,838

-52,163

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

-

-

-433

-

-

-

5,678

-2,019

-

-1,928

2,675

1,370

981

1,132

0

47,985

45,005

14,710

-23,116

12,354

-1,329

27,444

-12,532

48,979

-12,702

9,167

Other, net

163

180

350

406

423

-

250

193

-

1,420

9

3

-1

224

5

36

71

124

10

48

-24

-3

8

-23

-45

-8

Earnings (loss) before income taxes

-10,616

121,437

36,620

15,976

-18,875

19,723

77,401

14,774

-20,021

2,496,131

-17,197

-5,519

-22,815

71,621

5,444

1,435,125

-36,518

-33,858

-28,879

-12,251

4,933

-66,507

-50,427

5,991

-91,348

-82,118

Income tax benefit (expense)

-2,774

29,468

9,124

3,924

-4,574

4,919

17,762

4,194

-4,951

435,178

-7,333

-2,542

-8,370

26,020

1,655

544,971

-14,277

-5,457

-9,584

-4,442

-385

-19,703

-18,437

4,087

-33,633

-30,098

Net earnings (loss) attributable to Liberty Broadband shareholders

-7,842

91,969

27,496

12,052

-14,301

14,804

59,639

10,580

-15,070

2,060,953

-9,864

-2,977

-14,445

45,601

3,789

890,154

-22,241

-28,401

-19,295

-7,809

5,318

-46,804

-31,990

1,904

-57,715

-52,020

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

3,994

-

-

-

3,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service
Total Revenue

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,586

14,589

14,651

14,600

15,451

Other
Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,481

2,856

2,495

2,321

2,176