Earnings Per Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share (“EPS”) (shares in millions): 

		Three Months Ended March 31,
		2024		2023
Net income (loss) attributable to Avis Budget Group, Inc. for basic and diluted EPS		$	(114)	$	312
Basic weighted average shares outstanding		35.6		39.6
Non-vested stock (a)		—		0.8
Diluted weighted average shares outstanding		35.6		40.4
Earnings (loss) per share:
	Basic	$	(3.21)	$	7.88
	Diluted	$	(3.21)	$	7.72

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(a)    For the three months ended March 31, 2024 and 2023, 0.3 million and 0.1 million non-vested stock awards, respectively, have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding.