Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v2.3.0.15
Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
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 Capital Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares. As discussed in more detail in note 2, Liberty Capital common stock was redeemed for shares in a subsidiary in the third quarter. Therefore, the amounts presented below are through the Split-Off date.
 
Liberty Capital Common Stock
 
Three months ended
 
Nine months ended
 
Three months
ended
 
Nine months
ended
 
September 30, 2011
 
September 30, 2011
 
September 30,
2010
 
September 30,
2010
 
numbers of shares in millions
Basic EPS
81

 
81

 
86

 
92

Stock options

 
2

 
3

 

Diluted EPS
81

 
83

 
89

 
92


Series A and Series B Liberty Starz Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares. As discussed in more detail in note 2, Liberty Starz common stock was redeemed for shares in a subsidiary in the third quarter. Therefore, the amounts presented below are through the Split-Off date.
 
Liberty Starz Common Stock
 
Three months ended
 
Nine months ended
 
Three months
ended
 
Nine months
ended
 
September 30, 2011
 
September 30, 2011
 
September 30,
2010
 
September 30,
2010
 
numbers of shares in millions
Basic EPS
51

 
51

 
50

 
50

Stock options
2

 
2

 
2

 
2

Diluted EPS
53

 
53

 
52

 
52


Series A and Series B Liberty Interactive Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares. Excluded from diluted EPS for the nine months ended September 30, 2011 are 14 million potential common shares because their inclusion would be antidilutive.
 
Liberty Interactive Common Stock
 
Three months
ended
 
Nine months
ended
 
Three months
ended
 
Nine months
ended
 
September 30, 2011
 
September 30, 2011
 
September 30,
2010
 
September 30,
2010
 
numbers of shares in millions
Basic EPS
597

 
598

 
596

 
596

Stock options
7

 
7

 
8

 
7

Diluted EPS
604

 
605

 
604

 
603