XML 41 R25.htm IDEA: XBRL DOCUMENT v3.20.1
NET INCOME PER SHARE - REIT
3 Months Ended
Mar. 31, 2020
Entity Information [Line Items]  
NET INCOME PER SHARE NET INCOME PER SHARE
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,
20202019
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 - basic177,990  188,348  
Dilutive securities181  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  
ESH Hospitality, Inc.  
Entity Information [Line Items]  
NET INCOME PER SHARE NET INCOME PER SHAREBasic net income per share is computed by dividing net income available to Class A and Class B common shareholders by the weighted-average number of shares of unrestricted Class A and Class B common stock outstanding, respectively. Diluted net income per share is computed by dividing net income available to Class A and Class B common shareholders, as adjusted for potentially dilutive securities, by the weighted-average number of shares of unrestricted Class A and Class B common stock outstanding, respectively, plus potentially dilutive securities. Dilutive securities include certain equity-based awards 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,
20202019
Numerator:
Net income$7,918  $15,066  
Less preferred dividends(4) (4) 
Net income available to ESH Hospitality, Inc. common shareholders$7,914  $15,062  
Class A:
Net income available to ESH Hospitality, Inc. Class A common
shareholders - basic
$4,627  $8,598  
Amounts attributable to ESH Hospitality, Inc. Class B
shareholders assuming conversion
(2) (4) 
Net income available to ESH Hospitality, Inc. Class A common
shareholders - diluted
$4,625  $8,594  
Class B:
Net income available to ESH Hospitality, Inc. Class B common
shareholders - basic
$3,287  $6,464  
Amounts attributable to ESH Hospitality, Inc. Class B
shareholders assuming conversion
  
Net income available to ESH Hospitality, Inc. Class B common
shareholders - diluted
$3,289  $6,468  
Denominator:
Class A:
Weighted-average number of ESH Hospitality, Inc. Class A common
shares outstanding - basic and diluted
250,494  250,494  
Class B:
Weighted-average number of ESH Hospitality, Inc. Class B common
shares outstanding - basic
177,990  188,348  
Dilutive securities181  228  
Weighted-average number of ESH Hospitality, Inc. Class B common
shares outstanding - diluted
178,171  188,576  
Net income per ESH Hospitality, Inc. common share - Class A - basic$0.02  $0.03  
Net income per ESH Hospitality, Inc. common share - Class A - diluted$0.02  $0.03  
Net income per ESH Hospitality, Inc. common share - Class B - basic$0.02  $0.03  
Net income per ESH Hospitality, Inc. common share - Class B - diluted$0.02  $0.03