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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The following table presents our basic and diluted earnings (loss) per share:
 Three months ended
September 30,
Nine Months Ended
September 30,
 2022202120222021
 (In millions, except share and per share data)
Net income (loss) attributable to Expedia Group, Inc.$482 $376 $175 $(374)
Preferred stock dividend— (14)— (64)
Loss on redemption of preferred stock— — — (107)
Net income (loss) attributable to Expedia Group, Inc. common stockholders$482 $362 $175 $(545)
Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders
Basic$3.05 $2.40 $1.11 $(3.67)
Diluted2.98 2.26 1.08 (3.67)
Weighted average number of shares outstanding (000's):
Basic157,628 151,019 157,100 148,453 
Dilutive effect of:
    Convertible Notes3,921 3,921 3,921 — 
    Stock-based awards274 3,271 1,469 — 
    Warrants to purchase common stock— 2,244 — — 
    Other dilutive securities— 
Diluted161,829 160,460 162,495 148,453 
Basic earnings per share is calculated using our weighted-average outstanding common shares. The earnings per share amounts are the same for common stock and Class B common stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.
Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards and common stock warrants as determined under the treasury stock method and of our Convertible Notes using the if-converted method. In periods when we recognize a net loss, we exclude the impact of outstanding stock awards, common stock warrants and the potential share settlement impact related to our Convertible Notes from the diluted loss per share calculation as their inclusion would have an antidilutive effect. For the three and nine months ended September 30, 2022, approximately 9 million of outstanding stock awards have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive. For the three months ended September 30, 2021, approximately 5 million of outstanding stock awards were excluded. For the nine months ended September 30, 2021, approximately 18 million of outstanding stock awards and common stock warrants and approximately 4 million shares related to the potential share settlement impact related to our Convertible Notes were excluded.