Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.5.0.2
Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2016
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. 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