XML 38 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Information About the Company's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Revenue by Segment from Contracts with Customers

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Three months ended

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Six months ended

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June 30, 

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June 30, 

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2020

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2019

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2020

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2019

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amounts in thousands

GCI Holdings

    

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Consumer Revenue

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Wireless

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$

29,906

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27,505

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58,264

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54,997

Data

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​

45,416

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41,457

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89,710

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82,635

Video

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20,456

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21,045

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41,214

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42,061

Voice

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3,715

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4,321

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7,515

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8,782

Business Revenue

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Wireless

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19,616

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19,393

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38,854

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37,777

Data

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72,928

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63,733

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156,322

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131,843

Video

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4,427

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3,988

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8,449

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7,813

Voice

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7,047

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6,636

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13,463

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12,840

Lease, grant, and subsidies revenue

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19,070

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22,901

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40,351

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45,442

Total GCI Holdings

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222,581

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210,979

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454,142

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424,190

Corporate and other

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2,239

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6,587

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6,477

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11,112

Total

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$

224,820

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217,566

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460,619

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435,302

Components of Adjusted OIBDA

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Three months ended

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Six months ended

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June 30, 

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June 30, 

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2020

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2019

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2020

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2019

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amounts in thousands

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GCI Holdings

    

$

78,045

    

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66,121

    

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164,440

    

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110,592

    

Liberty Broadband

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(7,407)

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(4,174)

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(12,388)

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(7,291)

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Corporate and other

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(9,832)

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(5,511)

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(20,161)

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(11,817)

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60,806

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56,436

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131,891

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91,484

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Eliminate Liberty Broadband

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7,407

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4,174

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12,388

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7,291

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$

68,213

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60,610

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144,279

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98,775

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Reconciliation of Assets from Segment to Consolidated

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June 30, 2020

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Total

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Investments

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Capital

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assets

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in affiliates

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expenditures

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amounts in thousands

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GCI Holdings

    

$

3,151,685

    

475

    

66,704

    

Liberty Broadband

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12,335,399

 

12,306,593

 

35

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Corporate and other

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8,781,445

 

166,646

 

678

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24,268,529

 

12,473,714

 

67,417

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Eliminate Liberty Broadband

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(12,335,399)

 

(12,306,593)

 

(35)

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Consolidated

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$

11,933,130

 

167,121

 

67,382

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

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Three months ended

    

Six months ended

    

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June 30, 

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June 30, 

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2020

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2019

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2020

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2019

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amounts in thousands

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Adjusted OIBDA

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$

68,213

 

60,610

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144,279

 

98,775

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Stock‑based compensation

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(4,393)

 

(6,754)

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(6,868)

 

(12,385)

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Depreciation and amortization

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(61,160)

 

(65,891)

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(124,168)

 

(133,569)

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Insurance proceeds and restructuring, net

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—

 

(4,218)

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—

 

(1,718)

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Operating income (loss)

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2,660

 

(16,253)

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13,243

 

(48,897)

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Interest expense

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(34,387)

 

(40,386)

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(70,642)

 

(78,004)

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Share of earnings (loss) of affiliates, net

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2,238

 

(1,068)

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1,531

 

(4,364)

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

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860,867

 

679,098

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26,875

 

1,688,698

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Tax Sharing Agreement

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14,444

 

7,452

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3,911

 

16,533

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Other, net

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(242)

 

11,596

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2,138

 

14,364

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Earnings (loss) before income taxes

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$

845,580

 

640,439

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(22,944)

 

1,588,330

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