XML 46 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Net (Loss) Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2017
Entity Information [Line Items]  
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 (in thousands, except per share data):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income available to Extended Stay America, Inc. common shareholders - basic
$
51,775

 
$
60,729

 
$
74,876

 
$
77,775

Loss attributable to noncontrolling interests assuming conversion
8

 
—

 
14

 
—

Net income available to Extended Stay America, Inc. common shareholders - diluted
$
51,783

 
$
60,729

 
$
74,890

 
$
77,775

Denominator:
 
 
 
 
 
 
 
Weighted average number of Extended Stay America, Inc. common shares outstanding - basic
193,409

 
201,600

 
193,959

 
202,955

Dilutive securities
535

 
89

 
413

 
74

Weighted average number of Extended Stay America, Inc. common shares outstanding - diluted
193,944

 
201,689

 
194,372

 
203,029

Net income per Extended Stay America, Inc. common share - basic
$
0.27

 
$
0.30

 
$
0.39

 
$
0.38

Net income per Extended Stay America, Inc. common share - diluted
$
0.27

 
$
0.30

 
$
0.39

 
$
0.38
ESH REIT  
Entity Information [Line Items]  
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 (in thousands, except per share data):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net (loss) income
$
(4,724
)
 
$
1,471

 
$
(20,840
)
 
$
(3,659
)
Less preferred dividends
(4
)
 
(4
)
 
(8
)
 
(8
)
Net (loss) income available to ESH Hospitality, Inc. common shareholders
$
(4,728
)
 
$
1,467

 
$
(20,848
)
 
$
(3,667
)
Class A:
 
 
 
 
 
 
 
Net (loss) income available to ESH Hospitality, Inc. common shareholders - basic
$
(2,674
)
 
$
814

 
$
(11,752
)
 
$
(2,023
)
Amounts attributable to ESH Hospitality, Inc. Class B shareholders assuming conversion
8

 
—

 
—

 
—

Net (loss) income available to ESH Hospitality, Inc. common shareholders - diluted
$
(2,666
)
 
$
814

 
$
(11,752
)
 
$
(2,023
)
Class B:
 
 
 
 
 
 
 
Net (loss) income available to ESH Hospitality, Inc. common shareholders - basic
$
(2,054
)
 
$
653

 
$
(9,096
)
 
$
(1,644
)
Amounts attributable to ESH Hospitality, Inc. Class B shareholders assuming conversion
(8
)
 
—

 
—

 
—

Net (loss) income available to ESH Hospitality, Inc. common shareholders - diluted
$
(2,062
)
 
$
653

 
$
(9,096
)
 
$
(1,644
)
Denominator:
 
 
 
 
 
 
 
Class A:
 
 
 
 
 
 
 
Weighted average number of ESH Hospitality, Inc. common shares outstanding - basic and diluted
250,494

 
250,494

 
250,494

 
250,494

Class B:
 
 
 
 
 
 
 
Weighted average number of ESH Hospitality, Inc. common shares outstanding - basic
193,409

 
201,600

 
193,959

 
202,955

Dilutive securities
535

 
89

 
—

 
—

Weighted average number of ESH Hospitality, Inc. common shares outstanding - diluted
193,944

 
201,689

 
193,959

 
202,955

Net loss per ESH Hospitality, Inc. common share - Class A - basic
$
(0.01
)
 
$
—

 
$
(0.05
)
 
$
(0.01
)
Net loss per ESH Hospitality, Inc. common share - Class A - diluted
$
(0.01
)
 
$
—

 
$
(0.05
)
 
$
(0.01
)
Net loss per ESH Hospitality, Inc. common share - Class B - basic
$
(0.01
)
 
$
—

 
$
(0.05
)
 
$
(0.01
)
Net loss per ESH Hospitality, Inc. common share - Class B - diluted
$
(0.01
)
 
$
—

 
$
(0.05
)
 
$
(0.01
)
Anti-dilutive securities excluded from net loss per common share - Class B - diluted
—

 
—

 
413

 
74