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Earnings Per Share | 3 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | 4. Earnings Per Share (PPL) Basic EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding during the applicable period. Diluted EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding, increased by incremental shares that would be outstanding if potentially dilutive share-based payment awards were converted to common shares as calculated using the Two-Class Method or Treasury Stock Method. Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended March 31 used in the EPS calculation are:
|  |  | Three Months
|  |  |  |  | 2022 |  | 2021
Income (Numerator) |  |  |  |  |  |  |
Income from continuing operations after income taxes available to PPL common shareowners - Basic and Diluted |  |  |  |  | $ | 273 |  |  | $ | 203 |
Loss from discontinued operations (net of income taxes) available to PPL common shareowners - Basic and Diluted |  |  |  |  | $ | — |  |  | $ | (2,043) |
Net income (loss) available to PPL common shareowners - Basic and Diluted |  |  |  |  | $ | 273 |  |  | $ | (1,840) |
Shares of Common Stock (Denominator) |  |  |  |  |  |  |
Weighted-average shares - Basic EPS |  |  |  |  | 735,503 |  |  | 769,159 |
Add: Dilutive share-based payment awards |  |  |  |  | 681 |  |  | 1,551 |
Weighted-average shares - Diluted EPS |  |  |  |  | 736,184 |  |  | 770,710 |
Basic and Diluted EPS |  |  |  |  |  |  |
Available to PPL common shareowners: |  |  |  |  |  |  |
Income from continuing operations after income taxes |  |  |  |  | $ | 0.37 |  |  | $ | 0.26 |
Loss from discontinued operations (net of income taxes) |  |  |  |  | — |  |  | (2.65) |
Net Income (Loss) available to PPL common shareowners |  |  |  |  | $ | 0.37 |  |  | $ | (2.39) |
For the periods ended March 31, PPL issued common stock related to stock-based compensation plans as follows (in thousands):
|  |  | Three Months
|  |  |  |  | 2022 |  | 2021
Stock-based compensation plans |  |  |  |  | 124 |  |  | 520 |
See Note 7 for common stock repurchased under an authorized share repurchase program. For the periods ended March 31, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive.
|  |  | Three Months
|  |  |  |  | 2022 |  | 2021
Stock-based compensation awards |  |  |  |  | 154 |  |  | 233 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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