Earnings (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings (Loss) Per Common Share [Abstract]

Earnings Per Share Computation

	For the Three Month					For the Six Month
	Period Ended June 30,					Period Ended June 30,
	2012			2011		2012		2011
Numerator for earnings (loss) per share:
Net income (loss) attributable to Leucadia
National Corporation common shareholders for
basic earnings (loss) per share	$	(197,251	)	$	186,309	$	293,626	$	196,816
Interest on 3¾% Convertible Notes		–			654		1,312		1,308
Net income (loss) attributable to Leucadia
National Corporation common shareholders for
diluted earnings (loss) per share	$	(197,251	)	$	186,963	$	294,938	$	198,124
Denominator for earnings (loss) per share:
Denominator for basic earnings (loss) per share –
weighted average shares		244,583			244,521		244,583		244,290
Stock options		–			225		–		195
Warrants		–			–		–		206
3¾% Convertible Notes		–			4,280		4,327		4,280
Denominator for diluted earnings (loss) per share		244,583			249,026		248,910		248,971