Quarterly report pursuant to Section 13 or 15(d)

Disposals

v3.4.0.3
Disposals
 3 Months Ended
Mar. 31, 2016
Disposals [Abstract]  
Disposals

(3) Disposals

On June 30, 2015, Liberty sold Backcountry for aggregate consideration, including assumption of debt, amounts held in escrow, and a noncontrolling interest, of approximately $350 million.  Backcountry is included in the Corporate and other segment through June 30, 2015 and is not presented as a discontinued operation as the sale did not represent a strategic shift that has a major effect on Liberty’s operations and financial results.  Included in revenue in the accompanying condensed consolidated statements of operations is $122 million for the three months ended March 31, 2015, related to Backcountry.  Included in net earnings (loss) in the accompanying condensed consolidated statements of operations are earnings of less than one million dollars for the three months ended March 31, 2015, related to Backcountry.