Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.8.0.1
Earnings (Loss) Per Common Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share

(6)   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 ("WASO") 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 months ended March 31, 2018 and 2017, are 11 million and 14 million potential common shares, respectively, because their inclusion would have been antidilutive.

 

 

 

 

 

 

 

 

QVC Group Common Stock

 

 

    

Three months ended 

 

 

 

March 31,

 

 

 

2018

 

2017

 

 

 

number of shares in millions

 

Basic WASO

 

476

 

453

 

Potentially dilutive shares

 

 5

 

 2

 

Diluted WASO

 

481

 

455

 

 

Series A and Series B Liberty Ventures Common Stock

 

Excluded from diluted EPS for the three months ended March 31, 2018 and 2017 were 2 million and less than a million potential common shares, respectively, because their inclusion would have been antidilutive.

 

 

 

 

 

 

 

 

 

Liberty Ventures Common Stock

 

 

    

January 1, 2018

 

Three months ended 

 

 

 

through

 

March 31,

 

 

 

March 9, 2018

 

2017

 

 

 

number of shares in millions

 

Basic WASO

 

86

 

85

 

Potentially dilutive shares

 

 1

 

1

 

Diluted WASO

 

87

 

86