Note 6 – Earnings Per Share

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



	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018			2017
	(In millions, except share and per share data)
Net income (loss) attributable to Expedia Group, Inc.	$	1	$	57	$	(136	)	$	(29	)
Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	0.01	$	0.37	$	(0.90	)	$	(0.19	)
Diluted	0.01		0.36		(0.90		)	(0.19		)
Weighted average number of shares outstanding (000's):
Basic	150,076		151,582		150,942			151,060
Dilutive effect of:
Options to purchase common stock	2,058		4,845		—			—
Other dilutive securities	483		606		—			—
Diluted	152,617		157,033		150,942			151,060

Basic earnings per share is calculated using our weighted-average outstanding common shares. 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.

Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method. In periods when we recognize a net loss, we exclude the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an antidilutive effect. For the three and six months ended June 30, 2018, approximately 13 million and 22 million of outstanding stock awards have been excluded from the calculations of diluted earnings (loss) per share attributable to common stockholders because their effect would have been antidilutive. For the three and six months ended June 30, 2017, approximately 4 million and 21 million of outstanding stock awards have been excluded from the calculations of diluted earnings (loss) per share attributable to common stockholders because their effect would have been antidilutive.