NET (LOSS) INCOME PER SHARE

6 Months Ended

Jun. 30, 2020

NET (LOSS) INCOME PER SHAREBasic net (loss) 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 (loss) 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 (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,
	2020		2019		2020		2019
Numerator:
Net (loss) income available to Extended Stay America, Inc. common shareholders - basic	$	(12,363)	$	53,497	$	(7,809)	$	75,431
Income attributable to noncontrolling interests assuming conversion	(3)		(7)		(5)		(12)
Net (loss) income available to Extended Stay America, Inc. common shareholders - diluted	$	(12,366)	$	53,490	$	(7,814)	$	75,419
Denominator:
Weighted-average number of Extended Stay America, Inc. common shares outstanding - basic	177,551		188,450		177,771		188,399
Dilutive securities	—		363		—		296
Weighted-average number of Extended Stay America, Inc. common shares outstanding - diluted	$	177,551	$	188,813	$	177,771	$	188,695
Net (loss) income per Extended Stay America, Inc. common share - basic	$	(0.07)	$	0.28	$	(0.04)	$	0.40
Net (loss) income per Extended Stay America, Inc. common share - diluted	$	(0.07)	$	0.28	$	(0.04)	$	0.40

Anti-dilutive securities excluded from net loss per common share	293		—		237		—