10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-20-004923 |
| Period End Date | 20200331 |
| Filing Date | 20200501 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | lbrda-20200501x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock shares authorized |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Preferred stock shares authorized |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Preferred shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.36M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$49.72M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$2.67M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$2.41M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$21.02M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$52.13M | USD | Point-in-time |
| Investment in Charter, accounted for using the equity method (note 4) |
EquityMethodInvestments
|
$12.19B | USD | Point-in-time |
| Investment in Charter, accounted for using the equity method (note 4) |
EquityMethodInvestments
|
$12.19B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$9.41M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$9.54M | USD | Point-in-time |
| Total assets |
Assets
|
$12.23B | USD | Point-in-time |
| Total assets |
Assets
|
$12.26B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$6.17M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$4.26M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredRevenueAndOtherCurrentLiabilities
|
$3.85M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredRevenueAndOtherCurrentLiabilities
|
$5.97M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$8.11M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$12.14M | USD | Point-in-time |
| Debt (note 5) |
LongTermDebt
|
$573.27M | USD | Point-in-time |
| Debt (note 5) |
LongTermDebt
|
$572.94M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$999.76M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$992.70M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$3.56M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$4.10M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.58B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.59B | USD | Point-in-time |
| Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$7.89B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$7.88B | USD | Point-in-time |
| Accumulated other comprehensive earnings, net of taxes |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.16M | USD | Point-in-time |
| Accumulated other comprehensive earnings, net of taxes |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.16M | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$2.76B | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$2.77B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$10.67B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$10.60B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$10.59B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$10.65B | USD | Point-in-time |
| Commitments and contingencies (note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$12.26B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$12.23B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$4.10M | USD | 1 Quarter |
| Total Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.46M | USD | 1 Quarter |
| Operating, including stock-based compensation (note 6) |
OtherCostAndExpenseOperating
|
$2.25M | USD | 1 Quarter |
| Operating, including stock-based compensation (note 6) |
OtherCostAndExpenseOperating
|
$2.47M | USD | 1 Quarter |
| Selling, general and administrative, including stock-based compensation (note 6) |
SellingGeneralAndAdministrativeExpense
|
$6.94M | USD | 1 Quarter |
| Selling, general and administrative, including stock-based compensation (note 6) |
SellingGeneralAndAdministrativeExpense
|
$8.42M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$468.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$493.00K | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$9.66M | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$11.38M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-7.28M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-6.20M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.54M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.86M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates (note 4) |
IncomeLossFromEquityMethodInvestments
|
$61.68M | USD | 1 Quarter |
| Share of earnings (losses) of affiliates (note 4) |
IncomeLossFromEquityMethodInvestments
|
$34.85M | USD | 1 Quarter |
| Gain (loss) on dilution of investment in affiliate (note 4) |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-59.33M | USD | 1 Quarter |
| Gain (loss) on dilution of investment in affiliate (note 4) |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-41.40M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$423.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$163.00K | USD | 1 Quarter |
| Earnings (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-18.88M | USD | 1 Quarter |
| Earnings (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-10.62M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-2.77M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-4.57M | USD | 1 Quarter |
| Net earnings (loss) attributable to Liberty Broadband shareholders |
NetIncomeLoss
|
$-14.30M | USD | 1 Quarter |
| Net earnings (loss) attributable to Liberty Broadband shareholders |
NetIncomeLoss
|
$-7.84M | USD | 1 Quarter |
| Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) |
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 (note 2) |
EarningsPerShareBasic
|
$-0.04 | USD | 1 Quarter |
| Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) |
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 (note 2) |
EarningsPerShareDiluted
|
$-0.04 | USD | 1 Quarter |
Cash Flow Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
ProfitLoss
|
$-14.30M | USD | 1 Quarter |
| Net earnings (loss) |
ProfitLoss
|
$-7.84M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$468.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$493.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.80M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$2.62M | USD | 1 Quarter |
| Share of (earnings) losses of affiliates, net |
IncomeLossFromEquityMethodInvestments
|
$34.85M | USD | 1 Quarter |
| Share of (earnings) losses of affiliates, net |
IncomeLossFromEquityMethodInvestments
|
$61.68M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-41.40M | USD | 1 Quarter |
| (Gain) loss on dilution of investment in affiliate |
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
|
$-59.33M | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-4.57M | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-2.77M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-302.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-436.00K | USD | 1 Quarter |
| Current and other assets |
IncreaseDecreaseInOperatingAssets
|
$-349.00K | USD | 1 Quarter |
| Current and other assets |
IncreaseDecreaseInOperatingAssets
|
$192.00K | USD | 1 Quarter |
| Payables and other liabilities |
IncreaseDecreaseInOperatingLiabilities
|
$-4.07M | USD | 1 Quarter |
| Payables and other liabilities |
IncreaseDecreaseInOperatingLiabilities
|
$-2.98M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-14.50M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-11.56M | USD | 1 Quarter |
| Capital expended for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$15.00K | USD | 1 Quarter |
| Capital expended for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$17.00K | USD | 1 Quarter |
| Exercise of preemptive right to purchase Charter shares |
PaymentsForExerciseOfPreemptiveRightToPurchaseCharterShares
|
$14.91M | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.93M | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.00K | USD | 1 Quarter |
| Taxes paid in lieu of shares issued for stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.94M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$1.65M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$3.00K | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.65M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.94M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-9.93M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-31.37M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$83.10M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$73.18M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$49.72M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$18.36M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$49.72M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$18.36M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$73.18M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$83.10M | USD | Point-in-time |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$10.67B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.60B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.59B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.65B | USD | Point-in-time |
| Net earnings (loss) |
NetIncomeLoss
|
$-14.30M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$-7.84M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.80M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.52M | USD | 1 Quarter |
| Issuance of common stock upon exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.65M | USD | 1 Quarter |
| Issuance of common stock upon exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$3.00K | USD | 1 Quarter |
| Withholding taxes on net share settlements of stock-based compensation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.94M | USD | 1 Quarter |
| Noncontrolling interest activity at Charter |
NoncontrollingInterestActivityInSubsidiary
|
$-13.00M | USD | 1 Quarter |
| Noncontrolling interest activity at Charter |
NoncontrollingInterestActivityInSubsidiary
|
$1.26M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$10.67B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.60B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.59B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$10.65B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.