XML 42 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Net Income Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
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
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
Net income available to Extended Stay America, Inc. common shareholders - basic
$
71,902

 
$
53,876

 
$
151,810

 
$
128,752

Income attributable to noncontrolling interests assuming conversion
(5
)
 
(37
)
 
(26
)
 
(60
)
Net income available to Extended Stay America, Inc. common shareholders - diluted
$
71,897

 
$
53,839

 
$
151,784

 
$
128,692

Denominator:
 
 
 
 
 
 
 
Weighted average number of Extended Stay America, Inc. common shares outstanding - basic
188,822

 
192,357

 
189,681

 
193,399

Dilutive securities
431

 
974

 
430

 
602

Weighted average number of Extended Stay America, Inc. common shares outstanding - diluted
189,253

 
193,331

 
190,111

 
194,001

Net income per Extended Stay America, Inc. common share - basic
$
0.38

 
$
0.28

 
$
0.80

 
$
0.67

Net income per Extended Stay America, Inc. common share - diluted
$
0.38

 
$
0.28

 
$
0.80

 
$
0.66
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 income per share, including a reconciliation of the numerators and denominators, are as follows (in thousands, except per share data):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
Net income
$
8,821

 
$
28,486

 
$
47,592

 
$
7,646

Less preferred dividends
(4
)
 
(4
)
 
(12
)
 
(12
)
Net income available to ESH Hospitality, Inc. common shareholders
$
8,817

 
$
28,482

 
$
47,580

 
$
7,634

Class A:
 
 
 
 
 
 
 
Net income available to ESH Hospitality, Inc. Class A common
shareholders - basic
$
5,027

 
$
16,112

 
$
27,077

 
$
4,360

Amounts attributable to ESH Hospitality, Inc. Class B
shareholders assuming conversion
(5
)
 
(37
)
 
(26
)
 
—

Net income available to ESH Hospitality, Inc. Class A common
shareholders - diluted
$
5,022

 
$
16,075

 
$
27,051

 
$
4,360

Class B:
 
 
 
 
 
 
 
Net income available to ESH Hospitality, Inc. Class B common
shareholders - basic
$
3,790

 
$
12,370

 
$
20,503

 
$
3,274

Amounts attributable to ESH Hospitality, Inc. Class B
shareholders assuming conversion
5

 
37

 
26

 
—

Net income available to ESH Hospitality, Inc. Class B common
shareholders - diluted
$
3,795

 
$
12,407

 
$
20,529

 
$
3,274

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

 
250,494

 
250,494

 
250,494

Class B:
 
 
 
 
 
 
 
Weighted average number of ESH Hospitality, Inc. Class B common
shares outstanding - basic
188,822

 
192,357

 
189,681

 
193,399

Dilutive securities
431

 
974

 
430

 
—

Weighted average number of ESH Hospitality, Inc. Class B common
shares outstanding - diluted
189,253

 
193,331

 
190,111

 
193,399

Net income per ESH Hospitality, Inc. common share - Class A - basic
$
0.02

 
$
0.06

 
$
0.11

 
$
0.02

Net income per ESH Hospitality, Inc. common share - Class A - diluted
$
0.02

 
$
0.06

 
$
0.11

 
$
0.02

Net income per ESH Hospitality, Inc. common share - Class B - basic
$
0.02

 
$
0.06

 
$
0.11

 
$
0.02

Net income per ESH Hospitality, Inc. common share - Class B - diluted
$
0.02

 
$
0.06

 
$
0.11

 
$
0.02

Anti-dilutive securities excluded from net income per common share - Class B - diluted
—

 
—

 
—

 
602