NET INCOME PER SHARE

3 Months Ended

Mar. 31, 2020

Basic net income per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of the Corporation’s unrestricted common stock outstanding. Diluted net income per share is computed by dividing net income available to common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted common stock outstanding plus potentially dilutive securities. Dilutive securities include certain equity-based awards (see Note 13) and are included in the calculation provided that the inclusion of such securities is not anti-dilutive.

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 March 31,
	2020		2019
Numerator:
Net income available to Extended Stay America, Inc. common shareholders - basic	$	4,554	$	21,934
Income attributable to noncontrolling interests assuming conversion	(2)		(4)
Net income available to Extended Stay America, Inc. common shareholders - diluted	$	4,552	$	21,930
Denominator:
Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic	177,990		188,348
Dilutive securities	181		228
Weighted-average number of Extended Stay America, Inc. common shares outstanding - diluted	$	178,171	$	188,576
Net income per Extended Stay America, Inc. common share - basic	$	0.03	$	0.12
Net income per Extended Stay America, Inc. common share - diluted	$	0.03	$	0.12