10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-16-005648 |
| Period End Date | 20160331 |
| Filing Date | 20160509 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | lbrd-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$785.14M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$44.81M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$655.08M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$763.13M | USD | Point-in-time |
| Trade and other receivables, net |
AccountsAndOtherReceivablesNetCurrent
|
$873.00K | USD | Point-in-time |
| Trade and other receivables, net |
AccountsAndOtherReceivablesNetCurrent
|
$2.46M | USD | Point-in-time |
| Short-term marketable securities |
MarketableSecuritiesCurrent
|
$9.01M | USD | Point-in-time |
| Short-term marketable securities |
MarketableSecuritiesCurrent
|
$77.69M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$11.69M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$3.48M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$678.25M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$867.18M | USD | Point-in-time |
| Investments in available-for-sale securities |
AvailableForSaleSecuritiesNoncurrent
|
$484.08M | USD | Point-in-time |
| Investments in available-for-sale securities |
AvailableForSaleSecuritiesNoncurrent
|
$439.56M | USD | Point-in-time |
| Investments in affiliates, accounted for using the equity method |
EquityMethodInvestments
|
$2.37B | USD | Point-in-time |
| Investments in affiliates, accounted for using the equity method |
EquityMethodInvestments
|
$2.30B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.25M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.14M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.50M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.50M | USD | Point-in-time |
| Intangible assets subject to amortization, net |
FiniteLivedIntangibleAssetsNet
|
$11.03M | USD | Point-in-time |
| Intangible assets subject to amortization, net |
FiniteLivedIntangibleAssetsNet
|
$11.89M | USD | Point-in-time |
| Deferred income tax assets |
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
$55.37M | USD | Point-in-time |
| Deferred income tax assets |
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
$68.02M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.73M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$235.00K | USD | Point-in-time |
| Total assets |
Assets
|
$3.74B | USD | Point-in-time |
| Total assets |
Assets
|
$3.57B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$10.49M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$7.19M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$2.63M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$2.09M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$2.25M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$2.41M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.38M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$11.69M | USD | Point-in-time |
| Debt |
LongTermDebt
|
$399.70M | USD | Point-in-time |
| Debt |
LongTermDebt
|
$597.73M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueNoncurrent
|
$2.44M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueNoncurrent
|
$2.61M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$612.02M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$417.52M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$3.54B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$3.54B | USD | Point-in-time |
| Accumulated other comprehensive earnings, net of taxes |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$9.04M | USD | Point-in-time |
| Accumulated other comprehensive earnings, net of taxes |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.90M | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$-421.81M | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$-399.57M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$3.15B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$3.13B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.74B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.57B | USD | Point-in-time |
Income Statement
37 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
$13.32M | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
$3.83M | USD | 1 Quarter |
| Operating, including stock-based compensation |
OperatingExpenses
|
$2.49M | USD | 1 Quarter |
| Operating, including stock-based compensation |
OperatingExpenses
|
$668.00K | USD | 1 Quarter |
| Selling, general and administrative, including stock-based compensation |
SellingGeneralAndAdministrativeExpense
|
$11.92M | USD | 1 Quarter |
| Selling, general and administrative, including stock-based compensation |
SellingGeneralAndAdministrativeExpense
|
$8.81M | USD | 1 Quarter |
| Research and development, including stock-based compensation |
ResearchAndDevelopmentExpense
|
$5.70M | USD | 1 Quarter |
| Research and development, including stock-based compensation |
ResearchAndDevelopmentExpense
|
$2.71M | USD | 1 Quarter |
| Net gain on legal settlement |
GainLossRelatedToLitigationSettlement
|
$60.51M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$986.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.24M | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$13.17M | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$-37.16M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$50.47M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-9.34M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$2.44M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$1.76M | USD | 1 Quarter |
| Dividend and interest income |
InvestmentIncomeInterestAndDividend
|
$1.04M | USD | 1 Quarter |
| Dividend and interest income |
InvestmentIncomeInterestAndDividend
|
$2.19M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates |
IncomeLossFromEquityMethodInvestments
|
$-43.05M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates |
IncomeLossFromEquityMethodInvestments
|
$-70.28M | USD | 1 Quarter |
| Realized and unrealized gains (losses) on financial instruments, net |
GainLossOnInvestmentsAndDerivativeInstrumentsNet
|
$45.01M | USD | 1 Quarter |
| Realized and unrealized gains (losses) on financial instruments, net |
GainLossOnInvestmentsAndDerivativeInstrumentsNet
|
$-1.33M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-410.00K | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-1.72M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$71.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-24.00K | USD | 1 Quarter |
| Net earnings (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$4.93M | USD | 1 Quarter |
| Net earnings (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-36.52M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-385.00K | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-14.28M | USD | 1 Quarter |
| Net earnings (loss) attributable to Liberty Broadband shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$5.32M | USD | 1 Quarter |
| Net earnings (loss) attributable to Liberty Broadband shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-22.24M | USD | 1 Quarter |
| Earnings Per Share, Basic |
EarningsPerShareBasic
|
$-0.22 | USD | 1 Quarter |
| Earnings Per Share, Basic |
EarningsPerShareBasic
|
$0.05 | USD | 1 Quarter |
| Earnings Per Share, Diluted |
EarningsPerShareDiluted
|
$0.05 | USD | 1 Quarter |
| Earnings Per Share, Diluted |
EarningsPerShareDiluted
|
$-0.22 | USD | 1 Quarter |
Cash Flow Statement
51 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$5.32M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-22.24M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$986.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.24M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.62M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.35M | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$2.00M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates |
IncomeLossFromEquityMethodInvestments
|
$-43.05M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates |
IncomeLossFromEquityMethodInvestments
|
$-70.28M | USD | 1 Quarter |
| Realized and unrealized (gains) losses on financial instruments, net |
GainLossOnInvestmentsAndDerivativeInstrumentsNet
|
$45.01M | USD | 1 Quarter |
| Realized and unrealized (gains) losses on financial instruments, net |
GainLossOnInvestmentsAndDerivativeInstrumentsNet
|
$-1.33M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-1.72M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-410.00K | USD | 1 Quarter |
| Deferred Income Tax Expense (Benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-12.73M | USD | 1 Quarter |
| Deferred Income Tax Expense (Benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-22.72M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-59.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$586.00K | USD | 1 Quarter |
| Current and other assets |
IncreaseDecreaseInOperatingAssets
|
$-8.30M | USD | 1 Quarter |
| Current and other assets |
IncreaseDecreaseInOperatingAssets
|
$89.60M | USD | 1 Quarter |
| Payables and other liabilities |
IncreaseDecreaseInOperatingLiabilities
|
$-3.81M | USD | 1 Quarter |
| Payables and other liabilities |
IncreaseDecreaseInOperatingLiabilities
|
$75.13M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-818.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$14.92M | USD | 1 Quarter |
| Capital expended for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$75.00K | USD | 1 Quarter |
| Capital expended for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$20.00K | USD | 1 Quarter |
| Purchases of short term investments and other marketable securities |
PaymentsToAcquireShortTermInvestments
|
$77.69M | USD | 1 Quarter |
| Purchases of short term investments and other marketable securities |
PaymentsToAcquireShortTermInvestments
|
$3.00K | USD | 1 Quarter |
| Sales of short term investments and other marketable securities |
ProceedsFromSaleOfShortTermInvestments
|
$9.01M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-253.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-78.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-68.44M | USD | 1 Quarter |
| Cash received from rights offering |
CashReceivedFromRightsOffering
|
$697.31M | USD | 1 Quarter |
| Cash received from rights offering |
CashReceivedFromRightsOffering
|
$697.30M | USD | Point-in-time |
| Borrowings of debt |
ProceedsFromIssuanceOfLongTermDebt
|
$30.16M | USD | 1 Quarter |
| Borrowings of debt |
ProceedsFromIssuanceOfLongTermDebt
|
$200.00M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfDebt
|
$30.16M | USD | 1 Quarter |
| Excess Tax Benefit from Share-based Compensation, Financing Activities |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$2.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$4.16M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-683.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$199.32M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$703.47M | USD | 1 Quarter |
| Net increase in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$718.32M | USD | 1 Quarter |
| Net increase in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$130.06M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$785.14M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$44.81M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$655.08M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$763.13M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$655.08M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$785.14M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$44.81M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$763.13M | USD | Point-in-time |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$3.15B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.13B | USD | Point-in-time |
| Net earnings (loss) |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$5.32M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-22.24M | USD | 1 Quarter |
| Other comprehensive earnings (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$130.00K | USD | 1 Quarter |
| Other comprehensive earnings (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$75.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.33M | USD | 1 Quarter |
| Issuance of common stock upon exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.42M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$3.15B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.13B | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$5.32M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-22.24M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-251.00K | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-188.00K | USD | 1 Quarter |
| Share of other comprehensive earnings (loss) of equity affiliates |
OtherComprehensiveIncomeShareOfOtherComprehensiveEarningsLossOfEquityAffiliates
|
$326.00K | USD | 1 Quarter |
| Share of other comprehensive earnings (loss) of equity affiliates |
OtherComprehensiveIncomeShareOfOtherComprehensiveEarningsLossOfEquityAffiliates
|
$318.00K | USD | 1 Quarter |
| Other comprehensive earnings (loss), net of taxes |
OtherComprehensiveIncomeLossNetOfTax
|
$130.00K | USD | 1 Quarter |
| Other comprehensive earnings (loss), net of taxes |
OtherComprehensiveIncomeLossNetOfTax
|
$75.00K | USD | 1 Quarter |
| Comprehensive earnings (loss) attributable to Liberty Broadband shareholders |
ComprehensiveIncomeNetOfTax
|
$-22.11M | USD | 1 Quarter |
| Comprehensive earnings (loss) attributable to Liberty Broadband shareholders |
ComprehensiveIncomeNetOfTax
|
$5.39M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.