XML 41 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 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
June 30,
 
Six Months Ended
June 30,
(in thousands, except per share data)
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income available to common shareholders - basic
$
60,729

 
$
57,983

 
$
77,775

 
$
79,531

Less amounts available to noncontrolling interests assuming conversion

 
(6
)
 

 
(12
)
Net income available to common shareholders - diluted
$
60,729

 
$
57,977

 
$
77,775

 
$
79,519

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - basic
201,600

 
204,227

 
202,955

 
204,117

Dilutive securities
89

 
326

 
74

 
348

Weighted-average number of common shares outstanding - diluted
201,689

 
204,553

 
203,029

 
204,465

Net income per common share - basic
$
0.30

 
$
0.28

 
$
0.38

 
$
0.39

Net income per share common share - diluted
$
0.30

 
$
0.28

 
$
0.38

 
$
0.39

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 income (loss) per share, including a reconciliation of the numerators and denominators, are as follows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in thousands, except per share data)
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
$
1,471

 
$
15,188

 
$
(3,659
)
 
$
29,234

Less preferred dividends
(4
)
 
(4
)
 
(8
)
 
(8
)
Net income (loss) available to common shareholders
$
1,467

 
$
15,184

 
$
(3,667
)
 
$
29,226

Class A:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders - basic
$
814

 
$
8,364

 
$
(2,023
)
 
$
16,100

Less amounts available to Class B shareholders assuming conversion

 
(6
)
 

 
(12
)
Net income (loss) available to common shareholders - diluted
$
814

 
$
8,358

 
$
(2,023
)
 
$
16,088

Class B:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders - basic
$
653

 
$
6,820

 
$
(1,644
)
 
$
13,126

Amounts available to Class B shareholders assuming conversion

 
6

 

 
12

Net income (loss) available to common shareholders - diluted
$
653

 
$
6,826

 
$
(1,644
)
 
$
13,138

Denominator:
 
 
 
 
 
 
 
Class A:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - basic and diluted
250,494

 
250,494

 
250,494

 
250,408

Class B:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - basic
201,600

 
204,227

 
202,955

 
204,117

Dilutive securities
89

 
326

 

 
348

Weighted-average number of common shares outstanding - diluted
201,689

 
204,553

 
202,955

 
204,465

Net income (loss) per common share - Class A - basic
$

 
$
0.03

 
$
(0.01
)
 
$
0.06

Net income (loss) per common share - Class A - diluted
$

 
$
0.03

 
$
(0.01
)
 
$
0.06

Net income (loss) per common share - Class B - basic
$

 
$
0.03

 
$
(0.01
)
 
$
0.06

Net income (loss) per common share - Class B - diluted
$

 
$
0.03

 
$
(0.01
)
 
$
0.06

 
 
 
 
 
 
 
 
Anti-dilutive securities excluded from net income (loss) per common share - Class B - diluted

 

 
74