Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v2.4.1.9
Earnings (Loss) Per Common Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share

(5)   Earnings (Loss) Per Common Share

Basic earnings (loss) per common share ("EPS") is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented.

Series A and Series B Liberty Interactive Common Stock

Excluded from diluted EPS, for the three months ended March 31, 2015 and 2014, are 4 million and 2 million potential common shares, respectively, because their inclusion would be antidilutive.

 

 

 

 

 

 

 

 

 

 

Liberty Interactive Common Stock

 

 

    

Three months ended 

 

 

 

March 31, 2015

 

March 31, 2014

 

 

 

number of shares in millions

 

Basic EPS

 

473 

 

494 

 

Potentially dilutive shares

 

 

10 

 

Diluted EPS

 

480 

 

504 

 

 

 

Series A and Series B Liberty Ventures Common Stock

 

As discussed in note 11, Liberty completed a two for one stock split on April 11, 2014 on its Series A and Series B Liberty Ventures common stock. Therefore, all prior period outstanding share amounts have been retroactively adjusted for comparability.  Excluded from diluted EPS, for all periods presented, are less than a million potential common shares because their inclusion would be antidilutive.

 

 

 

 

 

 

 

 

 

 

Liberty Ventures Common Stock

 

 

    

Three months ended 

 

 

 

March 31, 2015

 

March 31, 2014

 

 

 

number of shares in millions

 

Basic EPS

 

141 

 

73 

 

Potentially dilutive shares

 

 

 

Diluted EPS

 

143 

 

74