Quarterly report pursuant to Section 13 or 15(d)

Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share

v3.3.0.814
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share

(3)   Earnings Attributable to Liberty Media Corporation Stockholders 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, Series B and Series C Common Stock

The basic and diluted EPS calculations are based on the following weighted average outstanding shares of common stock.  As discussed in note 1, on July 23, 2014 the Company completed a stock dividend of two shares of Series C common stock for every share of Series A or Series B common stock held as of the record date.  Therefore, the prior period outstanding share amounts for purposes of the calculation of EPS have been retroactively adjusted for comparability.

Excluded from diluted EPS for the three and nine months ended September 30, 2015 are 24 million potential common shares because their inclusion would be antidilutive.

 

 

 

 

 

 

 

 

 

 

 

 

 

Liberty Common Stock

 

 

 

Three months

 

Nine months

 

Three months

 

Nine months

 

 

 

ended

 

ended

 

ended

 

ended

 

 

    

September 30, 2015

    

September 30, 2015

    

September 30, 2014

    

September 30, 2014

 

 

 

numbers of shares in millions

 

Basic EPS

 

335

 

338

 

341

 

341

 

Potentially dilutive shares

 

3

 

3

 

5

 

4

 

Diluted EPS

 

338

 

341

 

346

 

345