Earnings Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 14 — Earnings Per Share

Basic Earnings Per Share

Basic earnings per share was calculated for the years ended December 31, 2016, 2015 and 2014 using the weighted average number of common and Class B common shares outstanding during the period excluding restricted stock and stock held in escrow.

Diluted Earnings Per Share

For the years ended December 31, 2016, 2015 and 2014, we computed diluted earnings per share using (i) the number of shares of common stock and Class B common stock used in the basic earnings per share calculation as indicated above (ii) if dilutive, the incremental common stock that we would issue upon the assumed exercise of stock options and stock warrants and the vesting of RSUs using the treasury stock method, and (iii) other stock-based commitments.

The following table presents our basic and diluted earnings per share:

	Year Ended December 31,
	2016		2015		2014
	(In thousands, except per share data)
Net income attributable to Expedia, Inc.	$	281,848	$	764,465	$	398,097
Earnings per share attributable to Expedia, Inc. available to common stockholders:
Basic	$	1.87	$	5.87	$	3.09
Diluted	1.82		5.70		2.99
Weighted average number of shares outstanding:
Basic	150,367		130,159		128,912
Dilutive effect of:
Options to purchase common stock	3,874		3,685		4,149
Other dilutive securities	276		174		107
Diluted	154,517		134,018		133,168

Outstanding stock awards that have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive were approximately seven million for 2016, two million for 2015, and four million for 2014.

The earnings per share amounts are the same for common stock and Class B common stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.