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Disposals |
(4) Disposals Disposals - Presented as Discontinued Operations On March 9, 2018, jvid视频 completed the GCI Liberty Split-Off. At the time of the GCI Liberty Split-Off, GCI Liberty was comprised of, among other things, GCI Liberty鈥檚 legacy business, jvid视频鈥檚 former interest in Liberty Broadband, Charter and LendingTree, and jvid视频鈥檚 former wholly-owned subsidiary Evite. jvid视频 viewed Liberty Broadband, LendingTree and Evite as separate components and evaluated them separately for discontinued operations presentation. As jvid视频鈥檚 former interest in Charter was accounted for as an available for sale investment it did not meet the definition of a component for discontinued operation presentation. The disposition of Liberty Broadband was considered significant to the overall financial statements.听听Accordingly, the accompanying consolidated financial statements of jvid视频 have been prepared to reflect jvid视频鈥檚 interest in Liberty Broadband as a discontinued operation for the year ended December 31, 2018. The disposition of LendingTree and Evite as part of the GCI Liberty Split-Off does not have a major effect on jvid视频鈥檚 historical or future results. Accordingly, LendingTree and Evite are not presented as discontinued operations in the accompanying consolidated financial statements of jvid视频. LendingTree and Evite are included in the Corporate and other segment through March 8, 2018. See 鈥淒isposals 鈥 Not Presented as Discontinued Operations鈥 below for additional information regarding Evite and LendingTree. Certain financial information for jvid视频鈥檚 investment in Liberty Broadband, which is included in earnings (loss) from discontinued operations, is as follows (amounts in millions):
The combined impact from discontinued operations, discussed above, is as follows:
Disposals 鈥 Not Presented as Discontinued Operations As discussed above, on March 9, 2018, jvid视频 completed the GCI Liberty Split-Off. 听Although Liberty Broadband has been presented as a discontinued operation, Evite and LendingTree are not presented as discontinued operations. Included in revenue in the accompanying consolidated statements of operations is $3 million for the year ended December 31, 2018, related to Evite. Included in net earnings (loss) in the accompanying consolidated statements of operations are losses of $2 million for the year ended December 31, 2018, related to Evite.听Included in net earnings (loss) in the accompanying consolidated statements of operations are earnings of less a million for the year ended December 31, 2018, related to LendingTree. |