Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per ShareBasic earnings per share ("EPS") is computed by dividing net loss attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net loss 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, to the extent such impact is not anti-dilutive. 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,
	2022		2021
Numerator:
Net loss attributable to Wynn Resorts, Limited	$	(183,324)	$	(280,978)

Denominator:
Weighted average common shares outstanding	115,030		111,020
Potential dilutive effect of stock options, nonvested, and performance nonvested shares	—		—
Weighted average common and common equivalent shares outstanding	115,030		111,020

Net loss attributable to Wynn Resorts, Limited per common share, basic	$	(1.59)	$	(2.53)
Net loss attributable to Wynn Resorts, Limited per common share, diluted	$	(1.59)	$	(2.53)

Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share	825		1,235