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Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.5.0.2
Earnings (Loss) Per Common Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract] Ìý
Earnings (Loss) Per Common Share

(5)ÌýÌýÌýEarnings (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.

SeriesÌýA and SeriesÌýB QVC Group Common Stock

Excluded from diluted EPS, for the three months endedÌýJuneÌý30,Ìý2016 and 2015, are 13 million and 4 million potential common shares, respectively, because their inclusion would be antidilutive. Excluded from diluted EPS, for the six months ended JuneÌý30, 2016 and 2015, are 13 million and 4 million potential common shares, respectively, because their inclusion would be antidilutive.

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

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Ìý

Ìý

Ìý

Ìý

Ìý

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Ìý

QVC GroupÌýCommonÌýStock

Ìý

Ìý

ÌýÌýÌýÌý

Three months ended

ÌýÌýÌýÌý

Six months ended

Ìý

Ìý

Ìý

JuneÌý30,

Ìý

JuneÌý30,

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Ìý

Ìý

2016

Ìý

2015

Ìý

2016

Ìý

2015

Ìý

Ìý

Ìý

numberÌýofÌýsharesÌýinÌýmillions

Ìý

Basic EPS

Ìý

479

Ìý

469

Ìý

482

Ìý

471

Ìý

Potentially dilutive shares

Ìý

6

Ìý

7

Ìý

6

Ìý

7

Ìý

Diluted EPS

Ìý

485

Ìý

476

Ìý

488

Ìý

478

Ìý

Ìý

SeriesÌýA and SeriesÌýB Liberty Ventures Common Stock

Ìý

Excluded from diluted EPS, for the three and six months ended June 30, 2016 are 1 million potential common shares because their inclusion would be antidilutive. Excluded from diluted EPS, for the three and six months ended June 30, 2015 are less than a million potential common shares because their inclusion would be antidilutive.

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Ìý

Ìý

Ìý

Ìý

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Ìý

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Ìý

Ìý

Ìý

Ìý

LibertyÌýVenturesÌýCommonÌýStock

Ìý

Ìý

ÌýÌýÌýÌý

Three months endedÌý

ÌýÌýÌýÌý

Six months ended

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Ìý

Ìý

JuneÌý30,

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JuneÌý30,

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Ìý

Ìý

2016

Ìý

2015

Ìý

2016

Ìý

2015

Ìý

Ìý

Ìý

numberÌýofÌýsharesÌýinÌýmillions

Ìý

Basic EPS

Ìý

142

Ìý

141

Ìý

142

Ìý

141

Ìý

Potentially dilutive shares

Ìý

1

Ìý

2

Ìý

1

Ìý

2

Ìý

Diluted EPS

Ìý

143

Ìý

143

Ìý

143

Ìý

143

Ìý

Ìý