Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v2.4.0.8
Earnings (Loss) Per Common Share
6 Months Ended
Jun. 30, 2014
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 Interactive Common Stock
Excluded from diluted EPS, for the six months ended June 30, 2014, are 2 million potential common shares because their inclusion would be antidilutive.
 
Liberty Interactive Common Stock
 
Three months ended
June 30, 2014
 
Three months ended
June 30, 2013
 
Six months ended
June 30, 2014
 
Six months ended
June 30, 2013
 
number of shares in millions
Basic EPS
486

 
523
 
490

 
529

  Potentially dilutive shares
10

 
8
 
10

 
7

Diluted EPS
496

 
531
 
500

 
536


Series A and Series B Liberty Ventures Common Stock
As discussed in note 10, Liberty completed a two for one stock split on April 11, 2014 therefore all prior period outstanding share amounts have been retroactively adjusted for comparability. Excluded from diluted EPS, for the six months ended June 30, 2014, are less than a million potential common shares because their inclusion would be antidilutive.
 
Liberty Ventures Common Stock
 
Three months ended
June 30, 2014
 
Three months ended
June 30, 2013
 
Six months ended
June 30, 2014
 
Six months ended
June 30, 2013
 
number of shares in millions
Basic EPS
73

 
74

 
73

 
74

  Potentially dilutive shares
1

 

 
1

 

Diluted EPS
74

 
74

 
74

 
74