XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.2

Earnings per Share (Tables)

9 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table sets forth the calculation of basic and diluted net income (loss) per common share under the two-class method for the three and nine months ended June 30, 2021 and 2020 (in millions, except share and per share data):

			Three Months Ended June 30,
			2021												2020
			Class A						Class B						Class A						Class B
Basic and Diluted EPS:
Numerator
Net income (loss) attributable to Warner Music Group Corp.			$	15					$	46					$	(21)					$	(499)
Less: Net income attributable to participating securities			(1)						—						—						—
Net income (loss) attributable to common stockholders			$	14					$	46					$	(21)					$	(499)
Denominator
Weighted average shares outstanding			116,890,959						397,461,268						20,307,692						483,796,267
Basic and Diluted EPS			$	0.12					$	0.12					$	(1.03)					$	(1.03)
			Nine Months Ended June 30,
			2021												2020
			Class A						Class B						Class A						Class B
Basic and Diluted EPS:
Numerator
Net income (loss) attributable to Warner Music Group Corp.			$	61					$	215					$	(7)					$	(467)
Less: Net income attributable to participating securities			(4)						—						—						—
Net income (loss) attributable to common stockholders			$	57					$	215					$	(7)					$	(467)
Denominator
Weighted average shares outstanding			108,245,599						404,933,311						6,769,231						495,926,718
Basic and Diluted EPS			$	0.53					$	0.53					$	(1.09)					$	(0.94)

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration