Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (unaudited)

v3.10.0.1
Quarterly Financial Information (unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information (Unaudited) [Abstract]  
Quarterly Financial Information (Unaudited)

 

(17)  Quarterly Financial Information (Unaudited)

As discussed in note 5, on March 9, 2018, Qurate Retail completed the GCI Liberty Split-Off. The unaudited quarterly information below for 2018 and 2017 reflect Qurate Retail’s interest in Liberty Broadband as a discontinued operation for all periods presented.

 

 

 

 

 

 

 

 

 

 

 

 

 

    

1st

    

2nd

    

3rd

    

4th

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

amounts in millions,

 

 

 

except per share amounts

 

2018:

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

3,230

 

3,233

 

3,231

 

4,376

 

Operating income

 

$

294

 

358

 

237

 

435

 

Net earnings (loss)

 

$

397

 

198

 

82

 

287

 

Net earnings (loss) attributable to Qurate Retail, Inc. stockholders:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

142

 

187

 

72

 

273

 

Series A and Series B Liberty Ventures common stock

 

$

242

 

 —

 

 —

 

 —

 

Basic net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.30

 

0.40

 

0.16

 

0.61

 

Series A and Series B Liberty Ventures common stock

 

$

1.17

 

NA

 

NA

 

 —

 

Diluted net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.30

 

0.40

 

0.16

 

0.61

 

Series A and Series B Liberty Ventures common stock

 

$

1.16

 

NA

 

NA

 

 —

 

Basic net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.30

 

0.40

 

0.16

 

0.61

 

Series A and Series B Liberty Ventures common stock

 

$

2.81

 

NA

 

NA

 

 —

 

Diluted net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.30

 

0.40

 

0.16

 

0.61

 

Series A and Series B Liberty Ventures common stock

 

$

2.78

 

NA

 

NA

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

1st

    

2nd

    

3rd

    

4th

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

amounts in millions,

 

 

 

except per share amounts

 

2017:

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

2,327

 

2,352

 

2,381

 

3,344

 

Operating income

 

$

213

 

254

 

208

 

368

 

Net earnings (loss)

 

$

519

 

184

 

308

 

1,476

 

Net earnings (loss) attributable to Qurate Retail, Inc. stockholders:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

91

 

111

 

119

 

887

 

Series A and Series B Liberty Ventures common stock

 

$

416

 

64

 

177

 

576

 

Basic net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.20

 

0.25

 

0.27

 

2.07

 

Series A and Series B Liberty Ventures common stock

 

$

4.89

 

0.75

 

2.06

 

6.70

 

Diluted net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.20

 

0.24

 

0.26

 

2.05

 

Series A and Series B Liberty Ventures common stock

 

$

4.84

 

0.74

 

2.03

 

6.70

 

Basic net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.20

 

0.25

 

0.27

 

2.07

 

Series A and Series B Liberty Ventures common stock

 

$

4.89

 

0.75

 

2.06

 

6.70

 

Diluted net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:

 

 

 

 

 

 

 

 

 

 

Series A and Series B Qurate Retail common stock

 

$

0.20

 

0.24

 

0.26

 

2.05

 

Series A and Series B Liberty Ventures common stock

 

$

4.84

 

0.74

 

2.03

 

6.70