Earnings Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per ShareBasic earnings per share ("EPS") is computed by dividing net income (loss) 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 June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Numerator:
Net income (loss) attributable to Wynn Resorts, Limited	$	(637,564)	$	94,551	$	(1,039,601)	$	199,423

Denominator:
Weighted average common shares outstanding	106,713		106,876		106,688		106,834
Potential dilutive effect of stock options, nonvested, and performance nonvested shares	—		265		—		255
Weighted average common and common equivalent shares outstanding	106,713		107,141		106,688		107,089

Net income (loss) attributable to Wynn Resorts, Limited per common share, basic	$	(5.97)	$	0.88	$	(9.74)	$	1.87
Net income (loss) attributable to Wynn Resorts, Limited per common share, diluted	$	(5.97)	$	0.88	$	(9.74)	$	1.86

Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share	1,127		287		1,127		365