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Earnings (Loss) Per Share
3 Months Ended
Sep. 30, 2016
Earnings (Loss) Per Share [Abstract]  
Earnings (Loss) Per Share
4.
Earnings (Loss) Per Share
 
Basic earnings (loss) per share ("EPS") is calculated by dividing net income (loss) attributable to the Company by the weighted average number of shares of common stock outstanding. Diluted EPS is calculated by dividing net income (loss) attributable to the Company by the weighted average number of shares of common stock outstanding, plus potentially dilutive securities. Potentially dilutive securities include unvested restricted common stock, restricted stock units, and stock options, the dilutive effect of which is calculated using the treasury stock method.
 
Due to the Company's reported net loss for each of the three months ended September 30, 2016 and 2015, the effect of $0.5 million and $1.1 million share based payment awards, respectively, was not included in the calculation of EPS as the effect would be anti-dilutive. The calculation of basic and diluted EPS is presented below (in thousands, except per share data).
 
Three Months Ended September 30,
 
2016
 
2015
Basic and Diluted EPS
 
 
 
Net loss attributable to Intrawest Resorts Holdings, Inc.
$
(44,396
)
 
$
(47,042
)
Weighted average common shares outstanding
39,762

 
45,230

Basic and diluted EPS
$
(1.12
)
 
$
(1.04
)