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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators Used for Computation of Basic and Diluted Earnings Per Share

The calculations of basic and diluted earnings per share are as follows:

 

 

 

2015

 

 

2014

 

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

   attributable to La Quinta Holdings’ stockholders

 

$

26,365

 

 

$

(336,794

)

 

$

6,471

 

Income (loss) from discontinued operations attributable

   to La Quinta Holdings’ stockholders

 

 

 

 

 

(503

)

 

 

(2,495

)

Net income (loss) attributable to La Quinta Holdings’

   stockholders

 

$

26,365

 

 

$

(337,297

)

 

$

3,976

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding,

   basic

 

 

128,272

 

 

 

126,156

 

 

 

121,996

 

Weighted average number of shares outstanding,

   diluted

 

 

129,172

 

 

 

126,156

 

 

 

121,996

 

Income (loss) from continuing operations attributable to

   La Quinta Holdings’ stockholders per common share,

   basic and diluted

 

$

0.21

 

 

$

(2.67

)

 

$

0.05

 

Income (loss) from discontinued operations attributable to

   La Quinta Holdings’ stockholders per common share,

   basic and diluted

 

 

 

 

 

 

 

 

(0.02

)

Basic earnings (loss) per share

 

$

0.21

 

 

$

(2.67

)

 

$

0.03

 

Diluted earnings (loss) per share

 

$

0.20

 

 

$

(2.67

)

 

$

0.03