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Earnings (Loss) Attributable to Expedia Holdings Shareholders per Common Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings (Loss) Attributable to Expedia Holdings Shareholders per Common Share (EPS)

(2) Earnings (Loss) Attributable to Expedia Holdings Shareholders per Common Share

 

Basic earnings (loss) per common share (“EPS”) is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented.

The Company issued 56,946,673 common shares, which is the aggregate number of shares of Series A and Series B common stock outstanding upon the completion of the Expedia Holdings Split-Off on November 4, 2016. The number of shares issued upon completion of the Expedia Holdings Split-Off was used to determine both basic and diluted earnings (loss) per share for the three months ended March 31, 2016, as no Company equity awards were outstanding prior to the Expedia Holdings Split-Off.

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

March 31, 

 

 

 

2017

 

2016

 

 

 

number of shares in millions

 

Basic WASO

 

57

 

NA

 

Potentially dilutive shares

 

 —

 

NA

 

Diluted WASO

 

57

 

NA

 

 

Excluded from diluted EPS for the three months ended March 31, 2017 are less than a million potential common shares because their inclusion would be anti-dilutive.