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Liberty Broadband Corp. – ‘10-K’ for 12/31/21 – ‘EX-31.2’

On:  Friday, 2/25/22, at 4:31pm ET   ·   For:  12/31/21   ·   Accession #:  1558370-22-2157   ·   File #:  1-36713

Previous ‘10-K’:  ‘10-K’ on 2/26/21 for 12/31/20   ·   Next:  ‘10-K’ on 2/17/23 for 12/31/22   ·   Latest:  ‘10-K’ on 2/16/24 for 12/31/23   ·   36 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/25/22  Liberty Broadband Corp.           10-K       12/31/21  103:14M                                    Toppan Merrill Bridge/FA

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.08M 
 2: EX-21       Subsidiaries List                                   HTML     37K 
 3: EX-23.1     Consent of Expert or Counsel                        HTML     33K 
 4: EX-23.2     Consent of Expert or Counsel                        HTML     28K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     37K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     35K 
 7: EX-32       Certification -- §906 - SOA'02                      HTML     33K 
13: R1          Document and Entity Information                     HTML    106K 
14: R2          Consolidated Balance Sheets                         HTML    172K 
15: R3          Consolidated Balance Sheets (Parenthetical)         HTML     46K 
16: R4          Consolidated Statements of Operations               HTML    110K 
17: R5          Consolidated Statements of Comprehensive Earnings   HTML     59K 
                (Loss)                                                           
18: R6          Consolidated Statements of Cash Flows               HTML    111K 
19: R7          Consolidated Statement of Equity                    HTML     82K 
20: R8          Basis of Presentation                               HTML     41K 
21: R9          Summary of Significant Accounting Policies          HTML    178K 
22: R10         Supplemental Disclosures to Consolidated            HTML     86K 
                Statements of Cash Flows                                         
23: R11         Acquisition                                         HTML     82K 
24: R12         Assets and Liabilities Measured at Fair Value       HTML     92K 
25: R13         Investment in Charter Accounted for Using the       HTML    117K 
                Equity Method                                                    
26: R14         Goodwill and Intangible Assets                      HTML     88K 
27: R15         Debt                                                HTML    106K 
28: R16         Leases                                              HTML    140K 
29: R17         Income Taxes                                        HTML    117K 
30: R18         Stockholders' Equity                                HTML     42K 
31: R19         Stock-Based Compensation                            HTML     98K 
32: R20         Employee Benefit Plans                              HTML     31K 
33: R21         Commitments and Contingencies                       HTML     48K 
34: R22         Segment Information                                 HTML    155K 
35: R23         Summary of Significant Accounting Policies          HTML    228K 
                (Policies)                                                       
36: R24         Summary of Significant Accounting Policies          HTML    136K 
                (Tables)                                                         
37: R25         Supplemental Disclosures to Consolidated            HTML     86K 
                Statements of Cash Flows (Tables)                                
38: R26         Acquisition (Tables)                                HTML     82K 
39: R27         Assets and Liabilities Measured at Fair Value       HTML     90K 
                (Tables)                                                         
40: R28         Investment in Charter Accounted for Using the       HTML    112K 
                Equity Method (Tables)                                           
41: R29         Goodwill and Intangible Assets (Tables)             HTML     90K 
42: R30         Debt (Tables)                                       HTML     78K 
43: R31         Leases (Tables)                                     HTML    185K 
44: R32         Income Taxes (Tables)                               HTML    116K 
45: R33         Stock-Based Compensation (Tables)                   HTML     85K 
46: R34         Segment Information (Tables)                        HTML    152K 
47: R35         Basis of Presentation (Details)                     HTML     63K 
48: R36         Summary of Significant Accounting Policies -        HTML     40K 
                Accounts Receivable and Allowance for Doubtful                   
                Receivables (Details)                                            
49: R37         Summary of Significant Accounting Policies -        HTML     76K 
                Property and Equipment (Details)                                 
50: R38         Summary of Significant Accounting Policies - Asset  HTML     39K 
                Retirement Obligations (Details)                                 
51: R39         Summary of Significant Accounting Policies -        HTML     38K 
                Intangible Assets (Details)                                      
52: R40         Summary of Significant Accounting Policies -        HTML     31K 
                Revenue Recognition (Details)                                    
53: R41         Summary of Significant Accounting Policies -        HTML     45K 
                Remaining Performance Obligations (Details)                      
54: R42         Summary of Significant Accounting Policies -        HTML     33K 
                Contract Balances (Details)                                      
55: R43         Summary of Significant Accounting Policies -        HTML     33K 
                Assets Recognized from the Costs to Obtain a                     
                Contract with a Customer (Details)                               
56: R44         Summary of Significant Accounting Policies -        HTML     56K 
                Disaggregation of Revenue (Details)                              
57: R45         Summary of Significant Accounting Policies -        HTML     30K 
                Advertising Costs (Details)                                      
58: R46         Summary of Significant Accounting Policies -        HTML     38K 
                Concentrations (Details)                                         
59: R47         Summary of Significant Accounting Policies - EPS    HTML     39K 
                (Details)                                                        
60: R48         Supplemental Disclosures to Consolidated            HTML     51K 
                Statements of Cash Flows - Cash Paid for                         
                Acquisitions (Details)                                           
61: R49         Supplemental Disclosures to Consolidated            HTML     33K 
                Statements of Cash Flows (Details)                               
62: R50         Supplemental Disclosures to Consolidated            HTML     41K 
                Statements of Cash Flows - Reconciliation of cash                
                and cash equivalents and restricted cash (Details)               
63: R51         Acquisition - Acquisition Consideration (Details)   HTML     69K 
64: R52         Acquisition - Purchase Price Allocation (Details)   HTML     73K 
65: R53         Acquisition - Additional Acquisition Information    HTML     46K 
                (Details)                                                        
66: R54         Acquisition - Pro Forma Revenue and Net Earnings    HTML     41K 
                (Details)                                                        
67: R55         Assets and Liabilities Measured at Fair Value -     HTML     41K 
                Schedule of Assets and Liabilities (Details)                     
68: R56         Assets and Liabilities Measured at Fair Value -     HTML     38K 
                Schedule of Realized and Unrealized Gains (Losses)               
                (Details)                                                        
69: R57         Assets and Liabilities Measured at Fair Value       HTML     52K 
                (Details)                                                        
70: R58         Investment in Affiliates Accounted for Using the    HTML     47K 
                Equity Method (Details)                                          
71: R59         Investments in Affiliates Accounted for Using the   HTML     71K 
                Equity Method - Excess Basis Allocation (Details)                
72: R60         Investment in Affiliates Accounted for Using the    HTML    147K 
                Equity Method -Summarized Financial Information                  
                (Details)                                                        
73: R61         Goodwill and Intangible Assets - Rollforward        HTML     44K 
                (Details)                                                        
74: R62         Goodwill and Intangible Assets - Intangible Assets  HTML     41K 
                Subject to Amortization (Details)                                
75: R63         Goodwill and Intangible Assets - Future             HTML     44K 
                Amortization Expense (Details)                                   
76: R64         Debt - Summary of Debt (Details)                    HTML     68K 
77: R65         Debt (Details)                                      HTML    147K 
78: R66         Debt - Senior Notes and Senior Credit Facility      HTML    117K 
                (Details)                                                        
79: R67         Debt - Annual Principal Maturities of Debt          HTML     42K 
                (Details)                                                        
80: R68         Leases (Details)                                    HTML     43K 
81: R69         Leases - Lease Expense (Details)                    HTML     36K 
82: R70         Leases - Weighted Average Term and Discount Rate    HTML     39K 
                (Details)                                                        
83: R71         Leases - Supplemental Balance Sheet Information     HTML     64K 
                (Details)                                                        
84: R72         Leases - Supplemental Cash Flow Information         HTML     37K 
                (Details)                                                        
85: R73         Leases - Future Lease Payments (Details)            HTML     78K 
86: R74         Income Taxes (Details)                              HTML     48K 
87: R75         Income Taxes - Income Tax Reconciliation (Details)  HTML     52K 
88: R76         Income Taxes - Deferred Taxes (Details)             HTML     71K 
89: R77         Income Taxes - Carryforwards (Details)              HTML     33K 
90: R78         Stockholders Equity (Details)                       HTML     85K 
91: R79         Stock-Based Compensation - Compensation expense     HTML     33K 
                (Details)                                                        
92: R80         Stock-Based Compensation - Incentive Plans and      HTML    108K 
                Grants of Stock Awards (Details)                                 
93: R81         Stock-Based Compensation - Outstanding Awards and   HTML     95K 
                Exercises (Details)                                              
94: R82         Stock-based Compensation - Other than Options       HTML     40K 
                (Details)                                                        
95: R83         Employee Benefit Plans (Details)                    HTML     30K 
96: R84         Commitments and Contingencies (Details)             HTML     67K 
97: R85         Segment Information (Details)                       HTML     78K 
98: R86         Segment Information - Adjusted OIBDA (Details)      HTML     62K 
101: XML         IDEA XML File -- Filing Summary                      XML    191K  
99: XML         XBRL Instance -- lbrda-20211231x10k_htm              XML   3.72M 
100: EXCEL       IDEA Workbook of Financial Reports                  XLSX    146K  
 9: EX-101.CAL  XBRL Calculations -- lbrda-20211231_cal              XML    321K 
10: EX-101.DEF  XBRL Definitions -- lbrda-20211231_def               XML   1.01M 
11: EX-101.LAB  XBRL Labels -- lbrda-20211231_lab                    XML   1.94M 
12: EX-101.PRE  XBRL Presentations -- lbrda-20211231_pre             XML   1.47M 
 8: EX-101.SCH  XBRL Schema -- lbrda-20211231                        XSD    251K 
102: JSON        XBRL Instance as JSON Data -- MetaLinks              558±   838K  
103: ZIP         XBRL Zipped Folder -- 0001558370-22-002157-xbrl      Zip    522K  


‘EX-31.2’   —   Certification — §302 – SOA’02


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EXHIBIT 31.2

CERTIFICATION

I, Brian J. Wendling, certify that:

1.I have reviewed this annual report on Form 10-K of Liberty Broadband Corporation, Inc.;
2.Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report;
3.Based on my knowledge, the financial statements and other financial information included in this annual report fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this annual report;
4.The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and we have:
a)designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared;
b)designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this annual report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this annual report based on such evaluation; and
d)disclosed in this annual report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent function):
a)all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b)any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:

    

February 25, 2022

/s/ BRIAN J. WENDLING

Brian J. Wendling

Chief Accounting Officer and Principal Financial Officer



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/25/228-K
For Period end:12/31/21
 List all Filings 


36 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/28/22  Charter Communications, Inc./MO   10-K       12/31/21  100:15M
 8/06/21  Liberty Broadband Corp.           10-Q        6/30/21   67:10M                                    Toppan Merrill Bridge/FA
 5/07/21  Liberty Broadband Corp.           10-Q        3/31/21   67:7.8M                                   Toppan Merrill Bridge/FA
 2/26/21  Liberty Broadband Corp.           10-K       12/31/20  108:14M                                    Toppan Merrill Bridge/FA
12/22/20  Liberty Broadband Corp.           S-8        12/22/20    7:256K                                   Toppan Merrill/FA
12/22/20  Liberty Broadband Corp.           8-K:2,3,5,712/18/20   15:861K                                   Toppan Merrill/FA
11/04/20  Liberty Broadband Corp.           10-Q        9/30/20   52:8M                                     Toppan Merrill Bridge/FA
10/29/20  Liberty Broadband Corp.           S-4/A                  7:5M                                     Toppan Merrill-FA
 2/03/20  Liberty Broadband Corp.           10-K       12/31/19   75:9.1M                                   Toppan Merrill Bridge/FA
12/19/19  Liberty Broadband Corp.           8-K:5,9    12/13/19   14:518K                                   Toppan Merrill/FA
12/19/19  Liberty Media Corp.               8-K:5,9    12/13/19   16:938K                                   Toppan Merrill/FA
11/01/19  Liberty Broadband Corp.           10-Q        9/30/19   48:7.5M                                   Toppan Merrill Bridge/FA
 5/02/19  Liberty Broadband Corp.           10-Q        3/31/19   46:4.7M                                   Toppan Merrill Bridge/FA
 4/18/19  Liberty Broadband Corp.           DEF 14A     5/23/19    1:2.4M                                   Toppan Merrill/FA2
 2/28/19  Grizzly Merger Sub 1, LLC         10-K       12/31/18  122:12M
11/01/18  Liberty Broadband Corp.           10-Q        9/30/18   50:7.4M                                   Toppan Merrill Bridge/FA
 5/22/18  Grizzly Merger Sub 1, LLC         DEF 14A     6/25/18    1:1.8M                                   Toppan Merrill-FA
 5/02/18  Liberty Broadband Corp.           10-Q        3/31/18   50:5M                                     Toppan Merrill Bridge/FA
 3/15/18  Grizzly Merger Sub 1, LLC         S-8         3/15/18    4:215K                                   Toppan Merrill/FA
 3/14/18  Grizzly Merger Sub 1, LLC         8-K:1,2,3,4 3/08/18    9:1.8M                                   Toppan Merrill/FA
11/09/17  Grizzly Merger Sub 1, LLC         8-K:8,9    11/08/17    4:559K
11/02/17  Grizzly Merger Sub 1, LLC         10-Q        9/30/17   68:5.8M
11/01/17  Liberty Broadband Corp.           10-Q        9/30/17   52:7.5M                                   Toppan Merrill Bridge/FA
 5/01/17  Grizzly Merger Sub 1, LLC         8-K/A:8,9   4/04/17    5:1.3M                                   Toppan Merrill/FA
 5/26/16  Liberty Broadband Corp.           SC 13D/A               3:299K Charter Communications, Inc./MO   Toppan Merrill/FA
 5/20/16  Charter Communications, Inc./MO   8-K12B:1,2, 5/18/16    9:1.4M                                   Donnelley … Solutions/FA
 5/20/16  Liberty Broadband Corp.           8-K:2,3,8,9 5/18/16    5:1.8M                                   Toppan Merrill/FA
 2/12/16  Liberty Broadband Corp.           10-K       12/31/15   80:15M                                    Toppan Merrill Bridge/FA
 8/13/15  Liberty Broadband Corp.           8-K:5,9     8/13/15    2:268K
 6/26/15  CCH I, LLC                        S-4                   11:5.6M                                   Donnelley … Solutions/FA
 4/22/15  Liberty Broadband Corp.           DEF 14A     6/02/15    1:1.2M                                   Toppan Merrill-FA
11/21/14  Liberty Broadband Corp.           S-8        11/21/14    5:234K                                   Toppan Merrill/FA
11/10/14  Liberty Broadband Corp.           8-K:1,2,3,511/04/14   10:1.4M
10/10/14  Liberty Media Corp.               SC 13D/A               3:189K Charter Communications, Inc./MO   Toppan Merrill/FA
 7/25/14  Liberty Broadband Corp.           S-1         7/24/14    7:5M                                     Toppan Merrill-FA
 5/09/13  Liberty Media Corp.               10-Q        3/31/13   71:8.5M
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Filing Submission 0001558370-22-002157   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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