Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) per Share

v3.20.2
Earnings (Loss) per Share
9 Months Ended
Sep. 30, 2020
Earnings (Loss) per Share  
Earnings (Loss) per Share

(2) Earnings (Loss) per Share

Basic earnings (loss) per common share (“EPS”) is computed by dividing net earnings (loss) attributable to Liberty Broadband shareholders 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. The basic and diluted EPS calculations are based on the following weighted average number of shares of outstanding common stock.

Liberty Broadband Common Stock

Three months

Three months

Nine months

Nine months

 

ended

ended

ended

ended

    

September 30, 2020

    

September 30, 2019

    

September 30, 2020

    

September 30, 2019

 

(numbers of shares in thousands)

Basic WASO

 

181,472

 

181,522

 

181,765

 

181,409

Potentially dilutive shares (1)

 

1,031

 

1,451

 

953

 

1,377

Diluted WASO

 

182,503

 

182,973

 

182,718

 

182,786

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