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Selected Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
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.

 

 

 

2017

 

 

 

First Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Year

 

 

 

(in thousands, except per share data)

 

Total Revenues

 

$

234,272

 

 

$

263,437

 

 

$

268,642

 

 

$

214,279

 

 

$

980,630

 

Operating income

 

 

23,972

 

 

 

49,778

 

 

 

42,132

 

 

 

4,890

 

 

 

120,772

 

Net income

 

 

1,678

 

 

 

16,823

 

 

 

12,408

 

 

 

121,218

 

 

 

152,127

 

Net income attributable to La Quinta

   Holdings’ stockholders

 

 

1,589

 

 

 

16,786

 

 

 

12,415

 

 

 

121,175

 

 

 

151,965

 

Basic earnings per share

 

$

0.01

 

 

$

0.14

 

 

$

0.11

 

 

$

1.04

 

 

$

1.31

 

Diluted earnings per share

 

$

0.01

 

 

$

0.14

 

 

$

0.11

 

 

$

1.03

 

 

$

1.30

 

 

 

 

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

)