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Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v2.3.0.15
Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] Ìý
Earnings (Loss) Per Common Share
Earnings (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.
SeriesÌýA and SeriesÌýB Liberty Capital Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares. As discussed in more detail in note 2, Liberty Capital common stock was redeemed for shares in a subsidiary in the third quarter. Therefore, the amounts presented below are through the Split-Off date.
Ìý
Liberty Capital Common Stock
Ìý
Three months ended
Ìý
Nine months ended
Ìý
Three months
ended
Ìý
Nine months
ended
Ìý
September 30, 2011
Ìý
September 30, 2011
Ìý
SeptemberÌý30,
2010
Ìý
SeptemberÌý30,
2010
Ìý
numbers of shares in millions
Basic EPS
81

Ìý
81

Ìý
86

Ìý
92

Stock options
—

Ìý
2

Ìý
3

Ìý
—

Diluted EPS
81

Ìý
83

Ìý
89

Ìý
92


SeriesÌýA and SeriesÌýB Liberty Starz Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares. As discussed in more detail in note 2, Liberty Starz common stock was redeemed for shares in a subsidiary in the third quarter. Therefore, the amounts presented below are through the Split-Off date.
Ìý
Liberty Starz Common Stock
Ìý
Three months ended
Ìý
Nine months ended
Ìý
Three months
ended
Ìý
Nine months
ended
Ìý
September 30, 2011
Ìý
September 30, 2011
Ìý
SeptemberÌý30,
2010
Ìý
SeptemberÌý30,
2010
Ìý
numbers of shares in millions
Basic EPS
51

Ìý
51

Ìý
50

Ìý
50

Stock options
2

Ìý
2

Ìý
2

Ìý
2

Diluted EPS
53

Ìý
53

Ìý
52

Ìý
52


SeriesÌýA and SeriesÌýB Liberty Interactive Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares. Excluded from diluted EPS for the nine months ended SeptemberÌý30, 2011 are 14 million potential common shares because their inclusion would be antidilutive.
Ìý
Liberty Interactive Common Stock
Ìý
Three months
ended
Ìý
Nine months
ended
Ìý
Three months
ended
Ìý
Nine months
ended
Ìý
SeptemberÌý30, 2011
Ìý
SeptemberÌý30, 2011
Ìý
SeptemberÌý30,
2010
Ìý
SeptemberÌý30,
2010
Ìý
numbers of shares in millions
Basic EPS
597

Ìý
598

Ìý
596

Ìý
596

Stock options
7

Ìý
7

Ìý
8

Ìý
7

Diluted EPS
604

Ìý
605

Ìý
604

Ìý
603