XML 32 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings or Loss per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings or Loss per Share Earnings or Loss per Share

Basic earnings or loss per shares (EPS) is computed by dividing net earnings or loss by the weighted average number of shares outstanding for the period. Diluted EPS presents the dilutive effect, if any, on a per share basis of potential shares (e.g., options, share appreciation rights (SARs), PSARs, restricted share units (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 holders of Liberty Global Shares and LiLAC Shares are set forth below:
 
Three months ended
 
March 31,
 
2017
 
2016
 
in millions
Net loss attributable to holders of:
 
 
 
Liberty Global Shares
$
(292.9
)
 
$
(330.6
)
LiLAC Shares
(27.3
)
 
(38.5
)
Net loss attributable to Liberty Global shareholders
$
(320.2
)
 
$
(369.1
)


Liberty Global Shares

We reported losses attributable to holders of Liberty Global Shares for the three months ended March 31, 2017 and 2016. Therefore, the potentially dilutive effect at March 31, 2017 and 2016 of the following items were not included in the computation of diluted loss per share attributable to holders of Liberty Global Shares because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSUs and, at March 31, 2016, PGUs, because such awards had not yet met the applicable performance criteria: (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, PSARs and RSUs of approximately 48.7 million and 41.9 million, respectively, (ii) the aggregate number of shares issuable pursuant to PSUs and PGUs
of approximately 7.9 million and 10.0 million, respectively, and (iii) the aggregate number of shares issuable pursuant to obligations that may be settled in cash or shares of nil and approximately 2.7 million, respectively.

LiLAC Shares

We reported losses attributable to holders of LiLAC Shares for the three months ended March 31, 2017 and 2016. Therefore, the potentially dilutive effect at March 31, 2017 and 2016 of the following items were not included in the computation of diluted loss per share attributable to holders of LiLAC Shares because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSUs and, at March 31, 2016, PGUs, because such awards had not yet met the applicable performance criteria: (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, PSARs and RSUs of approximately 7.2 million and 1.4 million, respectively, and (ii) the aggregate number of shares issuable pursuant to PSUs and PGUs of approximately 1.0 million and 0.4 million, respectively.