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Earnings Per Share
9 Months Ended
Sep. 30, 2012
Earnings Per Share

Note 7 – Earnings Per Share

The following table presents our basic and diluted earnings per share:

 

     Three months ended
September 30,
     Nine months ended
September 30,
 
     2012      2011      2012      2011  
     (In thousands, except per share data)  

Income from continuing operations attributable to Expedia, Inc.

   $ 169,934       $ 170,947       $ 295,783       $ 264,455   

Earnings per share from continuing operations attributable to Expedia, Inc. available to common stockholders:

           

Basic

   $ 1.25       $ 1.26       $ 2.21       $ 1.94   

Diluted

     1.20         1.22         2.12         1.90   

Weighted average number of shares outstanding:

           

Basic

     135,968         136,176         133,919         136,632   

Dilutive effect of:

           

Options to purchase common stock

     4,890         2,081         4,107         1,764   

Other dilutive securities

     565         1,427         1,624         875   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

     141,423         139,684         139,650         139,271   
  

 

 

    

 

 

    

 

 

    

 

 

 

The earnings per share amounts are the same for common stock and Class B common stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.