Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators

The calculations of basic and diluted net income per share, including a reconciliation of the numerators and denominators, are as follows:

	Three Months Ended March 31,
(in thousands, except per share data)	2016		2015
Numerator:
Net income available to common shareholders - basic	$	17,046	$	21,548
Less amounts available to noncontrolling interests assuming conversion	—		(6		)
Net income available to common shareholders - diluted	$	17,046	$	21,542
Denominator:
Weighted-average number of common shares outstanding - basic	204,310		204,007
Dilutive securities	60		372
Weighted-average number of common shares outstanding - diluted	204,370		204,379
Net income per common share - basic	$	0.08	$	0.11
Net income per share common - diluted	$	0.08	$	0.11

ESH REIT

Calculations of Basic and Diluted Net Income per Share, Including a Reconciliation of Numerators and Denominators

The calculations of basic and diluted net (loss) income per share, including a reconciliation of the numerators and denominators, are as follows:

	Three Months Ended March 31,
(in thousands, except per share data)	2016			2015
Numerator:
Net (loss) income attributable to common shareholders	$	(5,130	)	$	14,046
Less preferred dividends	(4		)	—
Net (loss) income available to common shareholders	$	(5,134	)	$	14,046
Class A:
Net (loss) income available to common shareholders - basic	$	(2,837	)	$	7,738
Less amounts available to Class B shareholders assuming conversion	—			(6		)
Net (loss) income available to common shareholders - diluted	$	(2,837	)	$	7,732
Class B:
Net (loss) income available to common shareholders - basic	$	(2,297	)	$	6,308
Amounts available to Class B shareholders assuming conversion	—			6
Net (loss) income available to common shareholders - diluted	$	(2,297	)	$	6,314
Denominator:
Class A:
Weighted-average number of common shares outstanding - basic and diluted	250,494			250,323
Class B:
Weighted-average number of common shares outstanding - basic	204,310			204,007
Dilutive securities	—			372
Weighted-average number of common shares outstanding - diluted	204,310			204,379
Net (loss) income per common share - Class A - basic	$	(0.01	)	$	0.03
Net (loss) income per common share - Class A - diluted	$	(0.01	)	$	0.03
Net (loss) income per common share - Class B - basic	$	(0.01	)	$	0.03
Net (loss) income per common share - Class B - diluted	$	(0.01	)	$	0.03
Anti-dilutive securities excluded from net (loss) income per common share - Class B - diluted	60			—