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Selected Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

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.

 

 

 

2016

 

 

 

First Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Year

 

 

 

(in thousands, except per share data)

 

Total Revenues

 

$

241,771

 

 

$

269,555

 

 

$

272,312

 

 

$

222,616

 

 

$

1,006,254

 

Operating (loss) income

 

 

(45,520

)

 

 

40,485

 

 

 

61,285

 

 

 

22,214

 

 

 

78,464

 

Net (loss) income

 

 

(38,724

)

 

 

14,918

 

 

 

22,684

 

 

 

19

 

 

 

(1,103

)

Net (loss) income attributable to La Quinta

   Holdings’ stockholders

 

 

(38,775

)

 

 

14,849

 

 

 

22,666

 

 

 

(28

)

 

 

(1,288

)

Basic (loss) earnings per share

 

$

(0.31

)

 

$

0.13

 

 

$

0.20

 

 

$

 

 

$

(0.01

)

Diluted (loss) earnings per share

 

$

(0.31

)

 

$

0.13

 

 

$

0.20

 

 

$

 

 

$

(0.01

)

 

 

 

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