Qurate Retail, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

Earnings (Loss) Per Common Share

9 Months Ended

Sep. 30, 2016

(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. Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive.

Series A and Series B QVC Group Common Stock

Excluded from diluted EPS, for the three and nine months ended September 30, 2016 and 2015, are 13 million and 4 million potential common shares, respectively, because their inclusion would be antidilutive.


	QVC Group Common Stock
	Three months ended		Nine months ended
	September 30,		September 30,
	2016	2015	2016	2015
	number of shares in millions
Basic EPS	473	460	479	467
Potentially dilutive shares	5	6	6	7
Diluted EPS	478	466	485	474

Series A and Series B Liberty Ventures Common Stock

Excluded from diluted EPS, for the three and nine months ended September 30, 2016 and 2015 are less than a million potential common shares because their inclusion would be antidilutive.


	Liberty Ventures Common Stock
	Three months ended		Nine months ended
	September 30,		September 30,
	2016	2015	2016	2015
	number of shares in millions
Basic EPS	142	141	142	141
Potentially dilutive shares	2	2	2	2
Diluted EPS	144	143	144	143