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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Number of Shares of Common Stock Outstanding

Below is a reconciliation of the weighted average number of shares of common stock outstanding in calculating diluted earnings per share (in thousands, except for per share information):

 

     Three months ended
June 30,		      Six months ended
June 30,		  
     2013      2012      2013      2012  

Numerator:

            

Net income attributable to TripAdvisor

    $ 66,988       $ 53,019       $ 129,287       $ 101,130   

Denominator:

            

Weighted average shares used to compute Basic EPS

      143,531         139,278         143,297         136,516   

Weighted average effect of dilutive securities:

            

Stock options

      1,940         1,394         1,671         1,263   

RSUs

      193         100         192         147   

Stock warrants

      —           965         —           1,021   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average shares used to compute Diluted EPS

      145,664         141,737         145,160         138,947   
  

 

 

     

 

 

     

 

 

     

 

 

  

Basic EPS

    $ 0.47       $ 0.38       $ 0.90       $ 0.74   

Diluted EPS

    $ 0.46       $ 0.37       $ 0.89       $ 0.73   
Common Shares Related to Stock Options and RSUs Excluded from Calculated Diluted Net Income Per Share

The following potential common shares related to stock options and RSUs were excluded from the calculation of diluted net income per share because their effect would have been anti-dilutive for the periods presented (in thousands):

 

     Three Months Ended
June 30,		      Six Months Ended
June 30,		  
     2013 (1)      2012 (2)      2013 (1)      2012 (2)  

Stock options

      1,741         3,901         3,159         2,861   

RSUs

      48         —          24         30   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      1,789         3,901         3,183         2,891   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(1) These totals do not include 210,000 performance based options and 44,000 performance based RSUs representing the right to acquire 254,000 shares of common stock for which all targets required to trigger vesting have not been achieved as of June 30, 2013; therefore, such awards were excluded from the calculation of weighted average shares used to compute diluted earnings per share for those reporting periods.
(2) These totals do not include performance based RSUs representing the right to acquire 400,000 shares of common stock for which all targets required to trigger vesting had not been achieved as of June 30, 2012; therefore, such awards were excluded from the calculation of weighted average shares used to compute diluted earnings per share for those reporting periods.