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Selected Quarterly Financial Data - (unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Selected Quarterly Financial Information [Abstract]  
Summary Of Selected Quarterly Financial Data
Provided below is selected unaudited quarterly financial data for 2018 and 2017.
 
2018
 
First (a)
 
Second
 
Third
 
Fourth
(in millions, except per share data)
 
 
 
 
 
 
 
Net revenues
$
907

 
$
1,007

 
$
1,062

 
$
956

Total expenses
804

 
942

 
865

 
797

Operating income
103

 
65

 
197

 
159

Income/(loss) from continuing operations
41

 
(12
)
 
131

 
106

(Loss)/income from operations of discontinued businesses, net of income taxes
(7
)
 
(42
)
 
(3
)
 
2

Income on disposal of discontinued business, net of income taxes

 
432

 
20

 
4

Net income
34

 
378

 
148

 
112

 
 
 
 
 
 
 
 
Basic earnings per share
 
 
 
 
 
 
 
Continuing operations
$
0.41

 
$
(0.12
)
 
$
1.32

 
$
1.10

Discontinued operations
(0.07
)
 
3.90

 
0.17

 
0.06

 
$
0.34

 
$
3.78

 
$
1.49

 
$
1.16

Diluted earnings per share
 
 
 
 
 
 
 
Continuing operations
$
0.41

 
$
(0.12
)
 
$
1.31

 
$
1.10

Discontinued operations
(0.07
)
 
3.89

 
0.18

 
0.06

 
$
0.34

 
$
3.77

 
$
1.49

 
$
1.16

Weighted average shares outstanding
 
 
 
 
 
 
 
Basic
100.1

 
100.0

 
99.1

 
96.3

Diluted
100.8

 
100.3

 
99.5

 
96.7

 
Note:
The sum of the quarters may not agree to the Consolidated Statements of Income for the year ended December 31, 2018 due to rounding.
(a) 
Amounts vary from those disclosed in our Quarterly report on form 10-Q for the quarter ended March 31, 2018 due to the results of our former hotel business being classified as discontinued operations in connection with the Spin-off of Wyndham Hotels on May 31, 2018.

 
2017
 
First (a)
 
Second
 
Third
 
Fourth
(in millions, except per share data)
 
 
 
 
 
 
 
Net revenues
$
883

 
$
978

 
$
1,015

 
$
931

Total expenses
763

 
933

 
831

 
839

Operating income
120

 
45

 
184

 
92

Income from continuing operations
86

 
14

 
102

 
444

Income/(loss) from operations of discontinued businesses, net of income taxes
4

 
71

 
162

 
(28
)
Net income
90

 
85

 
264

 
416

Net income attributable to noncontrolling interest

 
(1
)
 

 

Net income attributable to Wyndham Destinations shareholders
90

 
84

 
264

 
416

 
 
 
 
 
 
 
 
Basic earnings per share
 
 
 
 
 
 
 
Continuing operations
$
0.82

 
$
0.13

 
$
1.00

 
$
4.40

Discontinued operations
0.04

 
0.68

 
1.58

 
(0.28
)
 
$
0.86

 
$
0.81

 
$
2.58

 
$
4.12

Diluted earnings per share
 
 
 
 
 
 
 
Continuing operations
$
0.81

 
$
0.13

 
$
0.99

 
$
4.36

Discontinued operations
0.04

 
0.68

 
1.58

 
(0.27
)
 
$
0.85

 
$
0.81

 
$
2.57

 
$
4.09

Weighted average shares outstanding
 
 
 
 
 
 
 
Basic
105.2

 
103.8

 
102.4

 
100.9

Diluted
106.0

 
104.4

 
102.9

 
101.8

 
 
Note:     The sum of the quarters may not agree to the Consolidated Statements of Income for the year ended December 31, 2017 due to rounding.
(a) 
Amounts vary from those disclosed in our Quarterly report on form 10-Q for the quarter ended March 31, 2018 due to the results of our former hotel business being classified as discontinued operations in connection with the Spin-off of Wyndham Hotels on May 31, 2018.