10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-18-003766 |
| Period End Date | 20180331 |
| Filing Date | 20180502 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | lbrd-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$81.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$78.09M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$2.80M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$84.05M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$79.89M | USD | Point-in-time |
| Investment in Charter, accounted for using the equity method |
EquityMethodInvestments
|
$11.87B | USD | Point-in-time |
| Investment in Charter, accounted for using the equity method |
EquityMethodInvestments
|
$11.84B | USD | Point-in-time |
| Other tangible and intangible assets, net |
OtherTangibleAndIntangibleAssetsNet
|
$12.07M | USD | Point-in-time |
| Other tangible and intangible assets, net |
OtherTangibleAndIntangibleAssetsNet
|
$11.18M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$49.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$49.00K | USD | Point-in-time |
| Total assets |
Assets
|
$11.96B | USD | Point-in-time |
| Total assets |
Assets
|
$11.93B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.70M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$5.38M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredRevenueAndOtherCurrentLiabilities
|
$2.52M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredRevenueAndOtherCurrentLiabilities
|
$5.17M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$5.22M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$10.55M | USD | Point-in-time |
| Debt |
LongTermDebt
|
$497.37M | USD | Point-in-time |
| Debt |
LongTermDebt
|
$497.76M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$939.82M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$932.59M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$3.35M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$4.38M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.45B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.44B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$7.94B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$7.91B | USD | Point-in-time |
| Accumulated other comprehensive earnings, net of taxes |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.42M | USD | Point-in-time |
| Accumulated other comprehensive earnings, net of taxes |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.42M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.56B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.57B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$10.51B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$10.49B | 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
|
$11.96B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$11.93B | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
$11.79M | USD | 1 Quarter |
| Revenue |
Revenues
|
$3.14M | USD | 1 Quarter |
| Operating, including stock-based compensation |
OperatingExpenses
|
$466.00K | USD | 1 Quarter |
| Operating, including stock-based compensation |
OperatingExpenses
|
$615.00K | USD | 1 Quarter |
| Selling, general and administrative, including stock-based compensation |
SellingGeneralAndAdministrativeExpense
|
$5.54M | USD | 1 Quarter |
| Selling, general and administrative, including stock-based compensation |
SellingGeneralAndAdministrativeExpense
|
$6.73M | USD | 1 Quarter |
| Research and development, including stock-based compensation |
ResearchAndDevelopmentExpense
|
$2.39M | USD | 1 Quarter |
| Research and development, including stock-based compensation |
ResearchAndDevelopmentExpense
|
$1.44M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$909.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$953.00K | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$9.54M | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$9.50M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$2.25M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-6.36M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.55M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.04M | USD | 1 Quarter |
| Dividend and interest income |
InvestmentIncomeInterestAndDividend
|
$338.00K | USD | 1 Quarter |
| Dividend and interest income |
InvestmentIncomeInterestAndDividend
|
$225.00K | USD | 1 Quarter |
| Share of earnings (losses) of affiliates |
IncomeLossFromEquityMethodInvestments
|
$18.92M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates |
IncomeLossFromEquityMethodInvestments
|
$9.30M | USD | 1 Quarter |
| Gain (loss) on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-32.14M | USD | 1 Quarter |
| Gain (loss) on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-26.76M | USD | 1 Quarter |
| Realized and unrealized gains (losses) on financial instruments, net |
GainLossOnInvestments
|
$981.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-1.00K | USD | 1 Quarter |
| Net earnings (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-20.02M | USD | 1 Quarter |
| Net earnings (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-22.82M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-8.37M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-4.95M | USD | 1 Quarter |
| Net earnings (loss) attributable to Liberty Broadband shareholders |
NetIncomeLoss
|
$-14.45M | USD | 1 Quarter |
| Net earnings (loss) attributable to Liberty Broadband shareholders |
NetIncomeLoss
|
$-15.07M | USD | 1 Quarter |
| Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share |
EarningsPerShareBasic
|
$-0.08 | USD | 1 Quarter |
| Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share |
EarningsPerShareBasic
|
$-0.08 | USD | 1 Quarter |
| Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share |
EarningsPerShareDiluted
|
$-0.08 | USD | 1 Quarter |
| Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share |
EarningsPerShareDiluted
|
$-0.08 | USD | 1 Quarter |
Cash Flow Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
NetIncomeLoss
|
$-14.45M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$-15.07M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$953.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$909.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.45M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.41M | USD | 1 Quarter |
| Share of (earnings) losses of affiliate |
IncomeLossFromEquityMethodInvestments
|
$18.92M | USD | 1 Quarter |
| Share of (earnings) losses of affiliate |
IncomeLossFromEquityMethodInvestments
|
$9.30M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-26.76M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-32.14M | USD | 1 Quarter |
| Realized and unrealized (gains) losses on financial instruments, net |
GainLossOnInvestments
|
$981.00K | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-8.38M | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-4.95M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-87.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-394.00K | USD | 1 Quarter |
| Current and other assets |
IncreaseDecreaseInOperatingAssets
|
$-1.28M | USD | 1 Quarter |
| Current and other assets |
IncreaseDecreaseInOperatingAssets
|
$-3.00K | USD | 1 Quarter |
| Payables and other liabilities |
IncreaseDecreaseInOperatingLiabilities
|
$-1.50M | USD | 1 Quarter |
| Payables and other liabilities |
IncreaseDecreaseInOperatingLiabilities
|
$-5.12M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.70M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-9.60M | USD | 1 Quarter |
| Capital expended for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.00K | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.00K | USD | 1 Quarter |
| Proceeds from settlements of financial instruments |
ProceedsFromDerivativeInstrumentFinancingActivities
|
$50.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$1.75M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$541.00K | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$51.74M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$541.00K | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-3.17M | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$42.14M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$81.26M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$78.09M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$247.87M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$205.73M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$78.09M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$247.87M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$81.26M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$205.73M | USD | Point-in-time |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$10.51B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.49B | USD | Point-in-time |
| Net earnings (loss) |
NetIncomeLoss
|
$-14.45M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$-15.07M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.35M | USD | 1 Quarter |
| Issuance of common stock upon exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$541.00K | USD | 1 Quarter |
| Cumulative effect of accounting change |
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
$5.80M | USD | Point-in-time |
| Noncontrolling interest activity at Charter |
NoncontrollingInterestActivityInSubsidiary
|
$30.65M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$10.51B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.49B | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
NetIncomeLoss
|
$-14.45M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$-15.07M | USD | 1 Quarter |
| Share of other comprehensive earnings (loss) of equity affiliate |
OtherComprehensiveIncomeShareOfOtherComprehensiveEarningsLossOfEquityAffiliates
|
$124.00K | USD | 1 Quarter |
| Other comprehensive earnings (loss), net of taxes |
OtherComprehensiveIncomeLossNetOfTax
|
$124.00K | USD | 1 Quarter |
| Comprehensive earnings (loss) attributable to Liberty Broadband shareholders |
ComprehensiveIncomeNetOfTax
|
$-15.07M | USD | 1 Quarter |
| Comprehensive earnings (loss) attributable to Liberty Broadband shareholders |
ComprehensiveIncomeNetOfTax
|
$-14.32M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.