Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.23.2
Earnings (Loss) Per Common Share
6 Months Ended
Jun. 30, 2023
Earnings (Loss) Per Common Share  
Earnings (Loss) Per Common Share

(3)   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 ("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.

Excluded from diluted EPS for the three months ended June 30, 2023 and 2022 are 26 million and 35 million potential common shares, respectively, because their inclusion would have been antidilutive.  Excluded from diluted EPS for the six months ended June 30, 2023 and 2022 are 28 million and 30 million potential common shares, respectively, because their inclusion would have been antidilutive.

Qurate Retail Common Stock

    

Three months ended

    

Six months ended

June 30,

June 30,

2023

2022

2023

2022

number of shares in millions

Basic WASO

 

388

381

 

385

 

380

Potentially dilutive shares

 

1

1

 

1

 

3

Diluted WASO

 

389

382

 

386

 

383