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Earnings Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

Basic earnings per share (“EPS”) is computed by dividing net income attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potential dilutive securities had been issued. Potentially dilutive securities include outstanding stock options and unvested restricted stock.

The weighted average number of common and common equivalent shares used in the calculation of basic and diluted EPS consisted of the following (in thousands, except per share amounts):
 
 
Three Months Ended 
 March 31,
 
2014
 
2013
Numerator:
 
 
 
Net income attributable to Wynn Resorts, Ltd.
$
226,896

 
$
202,963

 
 
 
 
Denominator:
 
 
 
Weighted average common shares outstanding
100,822

 
100,237

Potential dilutive effect of stock options and restricted stock
1,187

 
1,136

Weighted average common and common equivalent shares outstanding
102,009

 
101,373

 
 
 
 
Net income attributable to Wynn Resorts, Ltd. per common share, basic
$
2.25

 
$
2.02

Net income attributable to Wynn Resorts, Ltd. per common share, diluted
$
2.22

 
$
2.00

 
 
 
 
Anti-dilutive stock options excluded from the calculation of diluted earnings per share

 
659