XML 120 R48.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
2019
 
1st quarter
 
2nd quarter
 
3rd quarter
 
4th quarter
 
in millions, except per share amounts
Revenue (a)
$
942.7

 
$
982.9

 
$
966.8

 
$
974.6

Operating income (loss)
$
113.3

 
$
143.5

 
$
(69.7
)
 
$
166.7

Net earnings (loss) attributable to Liberty Latin America shareholders
$
(41.7
)
 
$
(116.0
)
 
$
35.3

 
$
42.3

Basic and diluted net earnings (loss) per share attributable to Liberty Latin America shareholders (b)
$
(0.23
)
 
$
(0.64
)
 
$
0.19

 
$
0.23

 
 
 
 
 
 
 
 
 
2018
 
1st quarter
 
2nd quarter
 
3rd quarter
 
4th quarter
 
in millions, except per share amounts
Revenue (c)
$
909.9

 
$
922.1

 
$
925.2

 
$
948.5

Operating income (loss)
$
98.3

 
$
124.2

 
$
138.8

 
$
(384.9
)
Net loss attributable to Liberty Latin America shareholders
$
(44.5
)
 
$
(42.2
)
 
$
(25.5
)
 
$
(233.0
)
Basic and diluted net loss per share attributable to Liberty Latin America shareholders (d)
$
(0.26
)
 
$
(0.25
)
 
$
(0.15
)
 
$
(1.30
)
(a)
As discussed in note 4, we completed the UTS Acquisition in March 2019.
(b)
The basic net earnings (loss) per share attributable to Liberty Latin America shareholders amounts are calculated based on a weighted average number of Liberty Latin America Shares outstanding of 181,036,790, 181,504,385, 181,588,912 and 181,887,158, respectively. The dilutive net earnings per share attributable to Liberty Latin America shareholders amounts for the third and fourth quarters of 2019 are calculated based on a weighted average number of Liberty Latin America Shares outstanding of 181,943,750 and 181,952,454, respectively.
(c)
As discussed in note 4, we completed the Cabletica Acquisition in October 2018.
(d)
Amounts are calculated based on a weighted average number of shares outstanding of 171,231,111, 171,278,819, 171,378,608 and 179,288,782, respectively.