Quarterly report pursuant to Section 13 or 15(d)

Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share

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Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
Earnings Attributable to Liberty Media Corporation 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 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.
Series A and Series B Liberty Capital Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares of Liberty Capital common stock, based on the conversion ratio of 1 to 1 utilized in the Split-Off, prior to the Split-Off, and the actual Liberty Capital common stock after the Split-Off. Excluded from diluted EPS for the nine months ended September 30, 2011 are less than a million potential common shares because their inclusion would be anti-dilutive.
 
Liberty Capital Common Stock
 
Three months ended September 30, 2011
 
Nine months ended September 30, 2011
 
Three months ended September 30, 2010
 
Nine months ended September 30, 2010
 
numbers of shares in millions
Basic EPS
81

 
81

 
86

 
92

Stock options

 
2

 
3

 

Diluted EPS
81

 
83

 
89

 
92


Series A and Series B Liberty Starz Common Stock
The basic and diluted EPS calculation is based on the following weighted average outstanding shares of Liberty Starz common stock, based on the conversion ratio of 1 to 1 utilized in the Split-Off, prior to the Split-Off, and the actual Liberty Starz common stock after the Split-Off. Excluded from diluted EPS for the nine months ended September 30, 2011 are less than a million potential common shares because their inclusion would be anti-dilutive.
 
Liberty Starz Common Stock
 
Three months ended September 30, 2011
 
Nine months ended September 30, 2011
 
Three months ended September 30, 2010
 
Nine months ended September 30, 2010
 
numbers of shares in millions
Basic EPS
51

 
51

 
50

 
50

Stock options
2

 
2

 
2

 
2

Diluted EPS
53

 
53

 
52

 
52