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Information About the Company's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Revenue by Segment from Contracts with Customers

Three months ended

Six months ended

    

June 30, 

June 30, 

2020

2019

2020

2019

amounts in thousands

GCI Holdings

    

    

    

Consumer Revenue

Wireless

$

29,906

27,505

58,264

54,997

Data

45,416

41,457

89,710

82,635

Video

20,456

21,045

41,214

42,061

Voice

3,715

4,321

7,515

8,782

Business Revenue

Wireless

19,616

19,393

38,854

37,777

Data

72,928

63,733

156,322

131,843

Video

4,427

3,988

8,449

7,813

Voice

7,047

6,636

13,463

12,840

Lease, grant, and subsidies revenue

19,070

22,901

40,351

45,442

Total GCI Holdings

222,581

210,979

454,142

424,190

Corporate and other

2,239

6,587

6,477

11,112

Total

$

224,820

217,566

460,619

435,302

Components of Adjusted OIBDA

Three months ended

Six months ended

June 30, 

June 30, 

2020

2019

2020

2019

amounts in thousands

GCI Holdings

    

$

78,045

    

66,121

    

164,440

    

110,592

    

Liberty Broadband

 

(7,407)

 

(4,174)

(12,388)

 

(7,291)

Corporate and other

 

(9,686)

 

(4,722)

(19,364)

 

(9,846)

 

60,952

 

57,225

132,688

 

93,455

Eliminate Liberty Broadband

 

7,407

 

4,174

12,388

 

7,291

$

68,359

61,399

145,076

100,746

Reconciliation of Assets from Segment to Consolidated

June 30, 2020

Total

Investments

Capital

assets

in affiliates

expenditures

amounts in thousands

GCI Holdings

    

$

3,140,029

    

475

    

66,704

    

Liberty Broadband

 

12,335,399

 

12,306,593

 

35

Corporate and other

 

8,233,593

 

166,646

 

678

 

23,709,021

 

12,473,714

 

67,417

Eliminate Liberty Broadband

 

(12,335,399)

 

(12,306,593)

 

(35)

Consolidated

$

11,373,622

 

167,121

 

67,382

Reconciliation of Adjusted OIBDA to Operating Income and Earnings (Loss) from Continuing Operations

    

Three months ended

    

Six months ended

    

June 30, 

June 30, 

2020

2019

2020

2019

amounts in thousands

Adjusted OIBDA

$

68,359

 

61,399

145,076

 

100,746

Stock‑based compensation

 

(4,393)

 

(6,754)

(6,868)

 

(12,385)

Depreciation and amortization

 

(61,160)

 

(65,891)

(124,168)

 

(133,569)

Insurance proceeds and restructuring, net

 

 

(4,218)

 

(1,718)

Operating income (loss)

 

2,806

 

(15,464)

14,040

 

(46,926)

Interest expense

 

(30,164)

 

(36,284)

(62,301)

 

(69,832)

Share of earnings (loss) of affiliates, net

 

2,238

 

(1,068)

1,531

 

(4,364)

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

 

922,910

 

744,170

67,408

 

1,848,605

Other, net

 

(1,027)

 

9,754

(372)

 

10,545

Earnings (loss) before income taxes

$

896,763

 

701,108

20,306

 

1,738,028