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Earnings per Common Share (Tables) | 3 Months Ended
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Mar. 31, 2017
Earnings Per Share [Abstract] |
Schedule of Earnings per Common Share | Basic earnings per common share (“EPS”) are calculated using the weighted average number of shares of common stock outstanding during each period. A reconciliation of the numerators and denominators of the basic and diluted EPS calculations follows.
|  | Three Months Ended March 31, |
(In millions, except per share data) |  | 2017 |  |  | 2016 |
Numerator: |  |  |  |  |  |  |  |
Net income attributable to Navient Corporation |  | $ | 88 |  |  | $ | 181 |
Denominator: |  |  |  |  |  |  |  |
Weighted average shares used to compute basic EPS |  |  | 289 |  |  |  | 339 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Dilutive effect of stock options, non-vested restricted stock, restricted stock units and Employee Stock Purchase Plans (“ESPPs”)(1) |  |  | 7 |  |  |  | 4 |
Dilutive potential common shares(2) |  |  | 7 |  |  |  | 4 |
Weighted average shares used to compute diluted EPS |  |  | 296 |  |  |  | 343 |
Basic earnings (loss) per common share attributable to Navient Corporation |  | $ | .31 |  |  | $ | .53 |
Diluted earnings (loss) per common share attributable to Navient Corporation |  | $ | .30 |  |  | $ | .53 |
(1) | Includes the potential dilutive effect of additional common shares that are issuable upon exercise of outstanding stock options, non-vested restricted stock, restricted stock units, and the outstanding commitment to issue shares under applicable ESPPs, determined by the treasury stock method.
(2) | For the three months ended March 31, 2017 and 2016, stock options covering approximately 5 million and 9 million shares, respectively, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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