Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information

v3.19.3.a.u2
Quarterly Financial Information
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information (Unaudited)

(19)  Quarterly Financial Information (Unaudited)

    

1st

    

2nd

    

3rd

    

4th

 

Quarter

Quarter

Quarter

Quarter

 

amounts in millions, except per share amounts

 

2019:

Revenue

$

2,012

 

2,805

 

2,856

 

2,619

Operating income (loss)

$

200

 

461

 

507

 

302

Net earnings (loss)

$

(127)

 

192

 

262

 

20

Net earnings (loss) attributable to Liberty stockholders:

 

 

 

Liberty SiriusXM common stock

$

61

167

140

126

Liberty Braves common stock

$

(71)

26

12

(44)

Liberty Formula One common stock

$

(148)

(77)

41

(127)

Basic net earnings (loss) attributable to Liberty stockholders per common share:

Liberty SiriusXM common stock

$

0.19

0.52

0.44

0.40

Liberty Braves common stock

$

(1.39)

0.51

0.24

(0.86)

Liberty Formula One common stock

$

(0.64)

(0.33)

0.18

(0.55)

Diluted net earnings (loss) attributable to Liberty stockholders per common share:

Liberty SiriusXM common stock

$

0.19

0.52

0.44

0.39

Liberty Braves common stock

$

(1.39)

0.46

0.16

(0.86)

Liberty Formula One common stock

$

(0.64)

(0.33)

0.18

(0.55)

    

1st

    

2nd

    

3rd

    

4th

 

Quarter

Quarter

Quarter

Quarter

 

amounts in millions, except per share amounts

 

2018:

Revenue

$

1,517

 

2,199

 

2,315

 

2,009

Operating income (loss)

$

227

 

374

 

531

 

379

Net earnings (loss)

$

213

 

255

 

366

 

31

Net earnings (loss) attributable to Liberty stockholders:

 

 

 

Liberty SiriusXM common stock

$

200

165

185

126

Liberty Braves common stock

$

(52)

(2)

41

18

Liberty Formula One common stock

$

(17)

9

42

(184)

Basic net earnings (loss) attributable to Liberty stockholders per common share:

Liberty SiriusXM common stock

$

0.60

0.50

0.56

0.39

Liberty Braves common stock

$

(1.02)

(0.04)

0.80

0.35

Liberty Formula One common stock

$

(0.07)

0.04

0.18

(0.80)

Diluted net earnings (loss) attributable to Liberty stockholders per common share:

Liberty SiriusXM common stock

$

0.59

0.49

0.55

0.38

Liberty Braves common stock

$

(1.02)

(0.04)

0.80

(0.07)

Liberty Formula One common stock

$

(0.07)

0.04

0.18

(0.80)