XML 64 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 6 Months Ended
Jun. 30, 2013
Earnings Per Share

Note 7 – Earnings Per Share

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

 

     Three months ended June 30,      Six months ended June 30,  
     2013      2012      2013     2012  
     (In thousands, except per share data)  

Income (loss) from continuing operations attributable to Expedia, Inc.

    $ 71,500       $ 105,241       $ (32,726 )    $ 125,849   

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

           

Basic

    $ 0.52       $ 0.79       $ (0.24 )    $ 0.95   

Diluted

      0.51         0.76         (0.24 )      0.91   

Weighted average number of shares outstanding:

           

Basic

      136,351         132,556         135,998        132,877   

Dilutive effect of:

           

Options to purchase common stock

      4,594         3,988         —          3,715   

Other dilutive securities

      167         1,648         —          2,155   
  

 

 

     

 

 

     

 

 

    

 

 

  

Diluted

      141,112         138,192         135,998        138,747   
  

 

 

     

 

 

     

 

 

    

 

 

  

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.