Earnings Per Share

9 Months Ended

Sep. 30, 2019

The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the periods presented (in thousands, except per share amounts):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Net income	$	120,811	$	124,825	$	382,410	$	255,337
Net loss attributable to non-controlling interests	39		—		45		—
Net income attributable to Equinix	$	120,850	$	124,825	$	382,455	$	255,337

Weighted-average shares used to calculate basic EPS	85,012		79,872		83,753		79,533
Effect of dilutive securities:
Employee equity awards	559		411		470		423
Weighted-average shares used to calculate diluted EPS	85,571		80,283		84,223		79,956

EPS attributable to Equinix:
Basic EPS	$	1.42	$	1.56	$	4.57	$	3.21
Diluted EPS	$	1.41	$	1.55	$	4.54	$	3.19

The Company has excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 17,000 shares and 290,000 shares for the three months ended September 30, 2019 and 2018, respectively, and approximately 22,000 and 248,000 shares for the nine months ended September 30, 2019 and 2018, respectively, because their effect would be anti-dilutive.