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Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.8.0.1
Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2017
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 ("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.

SeriesÌýA and SeriesÌýB QVC Group Common Stock

Excluded from diluted EPS, for the three months ended SeptemberÌý30,Ìý2017 and 2016, are 16 million and 13 million potential common shares, respectively, because their inclusion would be antidilutive. Excluded from diluted EPS, for the nine months ended SeptemberÌý30, 2017 and 2016, are 16 million and 13 million potential common shares, respectively, because their inclusion would be antidilutive.

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Ìý

Ìý

Ìý

Ìý

Ìý

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Ìý

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QVC GroupÌýCommonÌýStock

Ìý

Ìý

ÌýÌýÌýÌý

Three months endedÌý

ÌýÌýÌýÌý

Nine months ended

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Ìý

Ìý

SeptemberÌý30,

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SeptemberÌý30,

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Ìý

Ìý

2017

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2016

Ìý

2017

Ìý

2016

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Ìý

Ìý

numberÌýofÌýsharesÌýinÌýmillions

Ìý

Basic WASO

Ìý

448

Ìý

473

Ìý

451

Ìý

479

Ìý

Potentially dilutive shares

Ìý

Ìý4

Ìý

Ìý5

Ìý

Ìý3

Ìý

Ìý6

Ìý

Diluted WASO

Ìý

452

Ìý

478

Ìý

454

Ìý

485

Ìý

Ìý

SeriesÌýA and SeriesÌýB Liberty Ventures Common Stock

Ìý

NoÌýpotential common shares were excluded from diluted EPS for the three and nine months ended SeptemberÌý30,Ìý2017. Excluded from diluted EPS for the three and nine months ended SeptemberÌý30, 2016 were less thanÌýaÌýmillion potential common shares in both periods, because their inclusion would be antidilutive.

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Ìý

Ìý

Ìý

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Ìý

Ìý

Ìý

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Ìý

Ìý

Ìý

Ìý

LibertyÌýVenturesÌýCommonÌýStock

Ìý

Ìý

ÌýÌýÌýÌý

Three months endedÌý

ÌýÌýÌýÌý

Nine months ended

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Ìý

Ìý

SeptemberÌý30,

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SeptemberÌý30,

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Ìý

Ìý

2017

Ìý

2016

Ìý

2017

Ìý

2016

Ìý

Ìý

Ìý

numberÌýofÌýsharesÌýinÌýmillions

Ìý

Basic WASO

Ìý

86

Ìý

142

Ìý

85

Ìý

142

Ìý

Potentially dilutive shares

Ìý

Ìý1

Ìý

2 Ìý

Ìý

Ìý1

Ìý

2 Ìý

Ìý

Diluted WASO

Ìý

87

Ìý

144

Ìý

86

Ìý

144

Ìý

Ìý