Earnings Per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share

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



	Three months ended September 30,				Nine months ended September 30,
	2019		2018		2019		2018
	(In millions, except share and per share data)
Net income attributable to Expedia Group, Inc.	$	409	$	525	$	489	$	389
Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	2.77	$	3.51	$	3.30	$	2.59
Diluted	2.71		3.43		3.24		2.54
Weighted average number of shares outstanding (000's):
Basic	147,232		149,482		148,052		150,450
Dilutive effect of:
Options to purchase common stock	2,336		2,866		2,074		2,396
Other dilutive securities	1,067		805		786		558
Diluted	150,635		153,153		150,912		153,404

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, 2019, approximately 2 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 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.