EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Diluted Weighted-Average Number of Common and Common Equivalent Shares Adjustments for Potential Dilution of Share-Based Awards Outstanding

The table below reconciles basic and diluted earnings 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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(In thousands)
Numerator:
Net income (loss) attributable to MGM Resorts International	$	161,117	$	(576,830)	$	828,720	$	1,189,091
Adjustment related to redeemable noncontrolling interests	(34)		8,043		1,376		(13,355)
Net income (loss) attributable to common stockholders – basic and diluted	$	161,083	$	(568,787)	$	830,096	$	1,175,736
Denominator:
Weighted-average common shares outstanding – basic	347,345		393,295		360,732		417,686
Potential dilution from share-based awards	4,045		—		4,115		4,084
Weighted-average common and common equivalent shares – diluted	351,390		393,295		364,847		421,770
Antidilutive share-based awards excluded from the calculation of diluted earnings per share	277		5,258		271		591