jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.19.1
Earnings (Loss) Per Common Share
3 Months Ended
Mar. 31, 2019
Earnings (Loss) Per Common Share Ìý
Earnings (Loss) Per Common Share

(4)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 jvidÊÓƵ Common Stock

Excluded from diluted EPS for the three months ended MarchÌý31,Ìý2019 and 2018, are 24 million and 11 million potential common shares, respectively, because their inclusion would have been antidilutive.

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Ìý

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jvidÊÓƵÌýCommonÌýStock

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Ìý

ÌýÌýÌýÌý

Three months endedÌý

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MarchÌý31,

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Ìý

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2019

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2018

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numberÌýofÌýsharesÌýinÌýmillions

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Basic WASO

Ìý

433

Ìý

476

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Potentially dilutive shares

Ìý

Ìý1

Ìý

Ìý5

Ìý

Diluted WASO

Ìý

434

Ìý

481

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Ìý

SeriesÌýA and SeriesÌýB Liberty Ventures Common Stock

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Excluded from diluted EPS for the three months ended MarchÌý31,Ìý2018 were 2 million potential common shares, because their inclusion would have been antidilutive.

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Ìý

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LibertyÌýVenturesÌýCommonÌýStock

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Ìý

ÌýÌýÌýÌý

Three months endedÌý

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MarchÌý31,

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Ìý

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2019 (1)

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2018

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Ìý

numberÌýofÌýsharesÌýinÌýmillions

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Basic WASO

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NA

Ìý

86

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Potentially dilutive shares

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NA

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1

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Diluted WASO

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NA

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87

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Ìý


(1)

All of the outstanding shares of Liberty Ventures Series A and B common stock were redeemed for GCI Liberty Series A and B common stock as a result of the GCI Liberty Split-Off on March 9, 2018.