Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended March 31 used in the EPS calculation are:



	Three Months
	2017		2016
Income (Numerator)
Net income	$	403	$	481
Less amounts allocated to participating securities	1		2
Net income available to PPL common shareowners - Basic and Diluted	$	402	$	479

Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS	680,882		675,441
Add incremental non-participating securities:
Share-based payment awards	2,202		3,376
Weighted-average shares - Diluted EPS	683,084		678,817

Basic EPS
Net Income available to PPL common shareowners	$	0.59	$	0.71

Diluted EPS
Net Income available to PPL common shareowners	$	0.59	$	0.71

Common Stock Issuances

For the periods ended March 31, PPL issued common stock related to stock-based compensation plans and the DRIP as follows (in thousands):



	Three Months
	2017	2016
Stock-based compensation plans (a)	887	2,125
DRIP	445	402


(a)	Includes stock options exercised, vesting of performance units, vesting of restricted stock and restricted stock units and conversion of stock units granted to directors.

Antidilutive Securities Excluded From Diluted EPS

For the periods ended March 31, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive.



	Three Months
	2017	2016
Stock options	696	696