XML 80 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings or Loss per Ordinary Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings (Loss) per Common Share
Earnings or Loss per Ordinary Share

Basic earnings or loss per share attributable to Liberty Global shareholders is computed by dividing net earnings or loss attributable to Liberty Global shareholders by the weighted average number of ordinary shares (excluding restricted shares) outstanding for the period. Diluted earnings or loss per share attributable to Liberty Global shareholders presents the dilutive effect, if any, on a per share basis of potential ordinary shares (e.g., options, SARs, PSARs, restricted shares, RSUs and convertible securities) as if they had been exercised, vested or converted at the beginning of the periods presented.

The details of our net loss attributable to Liberty Global shareholders are set forth below:
 
Three months ended
 
March 31,
 
2014
 
2013
 
in millions
Amounts attributable to Liberty Global shareholders:
 
 
 
Loss from continuing operations
$
(419.5
)
 
$
(2.9
)
Earnings from discontinued operation
340.7

 
1.9

Net loss attributable to Liberty Global shareholders
$
(78.8
)
 
$
(1.0
)


We reported losses from continuing operations attributable to Liberty Global shareholders for the three months ended March 31, 2014 and 2013. Therefore, the potentially dilutive effect at March 31, 2014 and 2013 of (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, PSARs, restricted shares and RSUs of approximately 37.9 million and 18.5 million, respectively, (ii) the number of shares issuable pursuant to PSUs of approximately 3.3 million and 2.7 million, respectively, and (iii) the aggregate number of shares issuable pursuant to obligations that may be settled in cash or shares of approximately 2.6 million and 7.3 million, respectively, were not included in the computation of diluted loss per share attributable to Liberty Global shareholders because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSUs, because such awards had not yet met the applicable performance criteria.