Selected Quarterly Financial Information

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Information

NOTE 19. SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)

The following table sets forth the historical unaudited quarterly financial data for the periods indicated. The information for each of these periods has been prepared on the same basis as the audited consolidated financial statements and, in our opinion, reflects all adjustments necessary to present fairly our financial results. Operating results for previous periods do not necessarily indicate results that may be achieved in any future period.

	2015
	First Quarter		Second Quarter			Third Quarter		Fourth Quarter		Year
	(in thousands, except per share data)
Total Revenues	$	248,106	$	273,888		$	279,103	$	228,877	$	1,029,974
Operating income		32,913		15,177			52,740		27,241		128,071
Net income (loss)		6,314		(4,567	)		17,083		7,882		26,712
Net income (loss) attributable to La Quinta    Holdings’ stockholders		6,142		(4,663	)		17,058		7,828		26,365
Basic earnings (loss) per share	$	0.05	$	(0.04	)	$	0.13	$	0.06	$	0.21
Diluted earnings (loss) per share	$	0.05	$	(0.04	)	$	0.13	$	0.06	$	0.20

	2014
	First Quarter			Second Quarter			Third Quarter		Fourth Quarter			Year
	(in thousands, except per share data)
Total Revenues	$	217,309		$	260,289		$	271,118	$	228,222		$	976,938
Operating income		34,742			25,452			54,319		22,156			136,669
Net income (loss)		(3,522	)		(338,635	)		12,867		(4,117	)		(333,407	)
Net income (loss) attributable to La Quinta    Holdings’ stockholders		(7,343	)		(338,578	)		12,817		(4,193	)		(337,297	)
Basic and diluted earnings (loss) per share	$	(0.06	)	$	(2.67	)	$	0.10	$	(0.03	)	$	(2.67	)