Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

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
	2018		2017
Income (Numerator)
Net income	$	452	$	403
Less amounts allocated to participating securities	1		1
Net income available to PPL common shareowners - Basic and Diluted	$	451	$	402

Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS	694,514		680,882
Add incremental non-participating securities:
Share-based payment awards	808		2,202
Weighted-average shares - Diluted EPS	695,322		683,084



	Three Months
	2018		2017
Basic EPS
Net Income available to PPL common shareowners	$	0.65	$	0.59

Diluted EPS
Net Income available to PPL common shareowners	$	0.65	$	0.59

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
	2018	2017
Stock-based compensation plans (a)	476	887
DRIP	485	445


(a)	Includes stock options exercised, vesting of performance units, vesting of 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
	2018	2017
Stock options	230	696
Restricted stock units	20	—