Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2020

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



	Three months ended June 30,					Six months ended June 30,
	2020			2019		2020			2019
	(In millions, except share and per share data)
Net income (loss) attributable to Expedia Group, Inc.	$	(736	)	$	183	$	(2,037	)	$	80
Preferred stock dividend	(17		)	—		(17		)	—
Net income (loss) attributable to Expedia Group, Inc. common stockholders	$	(753	)	$	183	$	(2,054	)	$	80
Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	(5.34	)	$	1.23	$	(14.57	)	$	0.54
Diluted	(5.34		)	1.21		(14.57		)	0.53
Weighted average number of shares outstanding (000's):
Basic	141,072			149,049		140,947			148,468
Dilutive effect of:
Options to purchase common stock	—			1,893		—			1,944
Other dilutive securities	—			619		—			645
Diluted	141,072			151,561		140,947			151,057

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 and common stock warrants as determined under the treasury stock method. In periods when we recognize a net loss, we exclude the impact of outstanding stock awards and common stock warrants from the diluted loss per share calculation as their inclusion would have an antidilutive effect. For both of the three and six months ended June 30, 2020, approximately 26 million of outstanding stock awards and common stock warrants have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive. For both of the three and six months ended June 30, 2019, 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.