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Earnings Per Share | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Share | Note 17. Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, increased to include the number of shares of common stock that would have been outstanding had potential dilutive shares of common stock been issued. The dilutive effect of stock options, RSUs and performance shares are reflected in diluted net income per share by applying the treasury stock method. There were no Frontdoor equity awards outstanding prior to the Spin-off. Basic and diluted earnings per share are calculated as follows:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(In millions, except per share data) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Net Income |  | $ | 61 |  | $ | 49 |  | $ | 134 |  | $ | 108
Weighted-average common shares outstanding(1) |  |  | 84.7 |  |  | 84.5 |  |  | 84.6 |  |  | 84.5
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
RSUs |  |  | 0.2 |  |  | — |  |  | 0.1 |  |  | —
Stock options(2) |  |  | 0.1 |  |  | — |  |  | 0.1 |  |  | —
Weighted-average common shares outstanding - assuming dilution |  |  | 84.9 |  |  | 84.5 |  |  | 84.8 |  |  | 84.5
Basic earnings per share |  | $ | 0.72 |  | $ | 0.58 |  | $ | 1.59 |  | $ | 1.28
Diluted earnings per share |  | $ | 0.72 |  | $ | 0.58 |  | $ | 1.58 |  | $ | 1.28
___________________________________ (1)For the three and nine months ended September 30, 2018, earnings per share was calculated based on the 84,515,619 shares of Frontdoor stock that were outstanding at the date of the Spin-off. (2)Options to purchase 0.3 million shares and 0.5 million shares for the three and nine months ended September 30, 2019, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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