Quarterly report pursuant to Section 13 or 15(d)

Earnings Attributable to GCI Liberty Stockholders Per Common Share

v3.20.2
Earnings Attributable to GCI Liberty Stockholders Per Common Share
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Attributable to GCI Liberty Stockholders Per Common Share

(2) Earnings Attributable to GCI Liberty 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 ("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. Excluded from diluted EPS for the three months ended September 30, 2020 and 2019 are 15 thousand and zero potential common shares, respectively, because their inclusion would have been antidilutive.  Excluded from diluted EPS for the nine months ended September 30, 2020 and 2019 are 15 thousand and zero potential common shares, respectively, because their inclusion would have been antidilutive.

Series A and Series B Common Stock

Three months ended

Nine months ended

September 30, 

September 30, 

    

2020

    

2019

2020

    

2019

    

number of shares in thousands

Basic WASO

105,564

 

104,819

105,536

 

104,800

Potentially dilutive shares (a)

993

 

1,031

797

 

998

Diluted WASO (a)

106,557

 

105,850

106,333

 

105,798

(a) Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive.