Stockholders' Equity |
9 Months Ended |
|---|---|
Sep. 30, 2015 | |
| Stockholders' Equity Note [Abstract] | 听 |
| Stockholders' Equity |
(11)听听听Stockholders' Equity At the Annual Meeting of Stockholders held on June 2, 2015, the Company鈥檚 stockholders approved an amendment to the Restated Certificate of Incorporation that increased (i) the total number of shares of the Company鈥檚 capital stock which the Company will have the authority to issue to 9,015 million shares, (ii) the number of shares of the Company鈥檚 capital stock designated as 鈥淐ommon Stock鈥 to 8,965 million shares and (iii) the number of shares of Common Stock designated as 鈥淪eries A Liberty Ventures Common Stock,鈥 鈥淪eries B Liberty Ventures Common Stock鈥 and 鈥淪eries C Liberty Ventures Common Stock鈥 to 400 million shares, 15 million shares and 400 million shares, respectively. As of September听30, 2015, Liberty reserved for issuance upon exercise of outstanding stock options approximately 26.6 million shares of Series A QVC Group common stock, 778 thousand shares of Series B QVC Group common stock, 4.3 million shares of Series A Liberty Ventures common stock and 1.5 million shares of Series B Liberty Ventures common stock. In addition to the Series听A and Series听B QVC Group and Liberty Ventures common stock, there are 4 billion shares of Series听C QVC Group and 400 million shares of Series C Liberty Ventures common stock authorized for issuance. As of September听30, 2015, 听no shares of any Series听C QVC Group or Liberty Ventures common stock were issued or outstanding. 听 On听February 27, 2014, Liberty's board approved a two for one stock split of听Series A and Series B Liberty Ventures听common stock, effected by means of a dividend. The stock听split was done in order to bring Liberty into compliance with a Nasdaq listing requirement regarding the minimum number of publicly held shares of the听Series B Liberty Ventures听common stock. In the stock split, a dividend was paid on April 11, 2014 of one share of听Series A or Series B Liberty Ventures听common stock to holders of each share of Series A or听Series B Liberty Ventures听common stock, respectively, held by them as of听5:00 pm, New York City time, on April 4, 2014.听听The stock split has been recorded retroactively for all periods presented for comparability purposes. 听 Additionally, as discussed in note 2, on October 3, 2014, Liberty attributed from the QVC Group to the Ventures Group its Digital Commerce companies.听听Holders of QVC Group common shares received 0.14217 of a Liberty Ventures share for each share of QVC Group common shares held, as of the record date.听听The shares issued and subsequently distributed to QVC Group common stock shareholders in the form of a dividend did not require retroactive treatment.听 听 On October 1, 2015, in conjunction with the acquisition of zulily, as discussed in note 2, Liberty issued 38.5 million shares of Series A QVC Group Common Stock. 听
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