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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
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 (loss) per share are as follows:

 

 

 

For the three months

ended September 30,

 

 

For the nine months

ended September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

(in thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to La Quinta Holdings’

     stockholders

 

$

22,666

 

 

$

17,058

 

 

$

(1,260

)

 

$

18,537

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding, basic

 

 

115,795

 

 

 

129,858

 

 

 

118,886

 

 

 

129,264

 

Weighted average number of shares outstanding, diluted

 

 

115,955

 

 

 

130,914

 

 

 

118,886

 

 

 

130,543

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings (loss) per share

 

$

0.20

 

 

$

0.13

 

 

$

(0.01

)

 

$

0.14