v3.25.3
Earnings or Loss Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings or Loss Per Share Earnings or Loss Per Share
Basic EPS is computed by dividing net earnings or loss attributable to Liberty Latin America shareholders by the weighted average number of Liberty Latin America Shares outstanding during the periods presented. Diluted EPS presents the dilutive effect, if any, on a per share basis of dilutive securities as if they had been exercised, vested or converted at the beginning of the periods presented.
The details of the calculations of our basic and diluted EPS are set forth below:
Three months ended September 30,Nine months ended September 30,
2025202420252024
in millions, except per share amounts
Numerator:
Basic EPS computation:
Net earnings (loss) attributable to Liberty Latin America shareholders – basic and diluted
$3.3 $(435.8)$(556.4)$(479.0)
Denominator:
Basic EPS computation:
Weighted average shares – basic and diluted (a)200.2 196.4 199.2 199.0 
Diluted EPS computation:
Incremental shares attributable to the release of SARs, and RSUs upon vesting, the LTVP and the ESPP (treasury stock method)
7.5 — — — 
Weighted average shares - diluted (b)207.7 196.4 199.2 199.0 
Basic and diluted net earnings (loss) per share attributable to Liberty Latin America shareholders$0.02 $(2.22)$(2.79)$(2.41)
(a)During the nine months ended September 30, 2025 and the three and nine months ended September 30, 2024, we reported net losses attributable to Liberty Latin America shareholders. As a result, the potentially dilutive effect at September 30, 2025 and 2024 of the following items was not included in the computation of EPS for such periods 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:
Three months ended September 30,Nine months ended September 30,
202420252024
in millions
Aggregate number of shares issuable pursuant to:
Outstanding options, SARs and RSUs
42.4 45.0 42.4 
Outstanding PSUs and PSARs
8.6 8.6 8.6 
LTVP and ESPP
4.1 5.8 4.1 
(b)We reported net earnings attributable to Liberty Latin America shareholders during the three months ended September 30, 2025. The following table sets forth items for the three months ended September 30, 2025 that have been excluded from our computation of diluted EPS 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 (in millions):
Aggregate number of shares issuable pursuant to:
Outstanding options, SARs and RSUs
38.6 
Outstanding PSUs and PSARs
8.5 
LTVP and ESPP
5.8