Note 6 – Earnings Per Share

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



	Three months ended September 30,				Nine months ended September 30,
	2018		2017		2018		2017
	(In millions, except share and per share data)
Net income attributable to Expedia Group, Inc.	$	525	$	352	$	389	$	323
Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	3.51	$	2.32	$	2.59	$	2.13
Diluted	3.43		2.23		2.54		2.06
Weighted average number of shares outstanding (000's):
Basic	149,482		152,088		150,450		151,406
Dilutive effect of:
Options to purchase common stock	2,866		5,009		2,396		4,564
Other dilutive securities	805		663		558		550
Diluted	153,153		157,760		153,404		156,520

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 nine months ended September 30, 2018, approximately 5 million of outstanding stock awards have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive. For the three and nine months ended September 30, 2017, approximately 1 million of outstanding stock awards have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive.