Income Per Share of Common Stock

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Income Per Share of Common Stock

NOTE 8 — INCOME PER SHARE OF COMMON STOCK

The table below reconciles basic and diluted income per share of common stock. Diluted weighted-average common and common equivalent shares include adjustments for potential dilution of share-based awards outstanding under the Company’s stock compensation plan.

	Three Months Ended
	March 31,
	2021			2020
	(In thousands)
Numerator:
Net income (loss) attributable to MGM Resorts International	$	(331,829	)	$	806,869
Adjustment related to redeemable noncontrolling interests		(9,428	)		8,070
Net income (loss) available to common stockholders – basic and diluted	$	(341,257	)	$	814,939
Denominator:
Weighted-average common shares outstanding – basic		494,864			495,415
Potential dilution from share-based awards		—			1,569
Weighted-average common and common equivalent shares – diluted		494,864			496,984
Antidilutive share-based awards excluded from the calculation of diluted earnings per share		8,484			3,876