ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE

v3.8.0.1
NET INCOME PER SHARE
9 Months Ended
Sep. 30, 2017
NET INCOME PER SHARE Ìý
NET INCOME PER SHARE

17. NET INCOME PER SHARE

Ìý

Basic income per share excludes dilution and is computed by dividing net income attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation common stockholders by the weighted average number of shares outstanding during the period. Diluted income per share reflects all potential dilutive common shares outstanding during the period and is computed by dividing net income available to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation common stockholders by the weighted average number of shares outstanding during the period increased by the number of additional shares that would have been outstanding as dilutive securities.

Ìý

Basic and diluted income per share is determined using the following information (in millions):

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Three months

Ìý

Nine months

Ìý

Ìý

ended

Ìý

ended

Ìý

Ìý

SeptemberÌý30,Ìý

Ìý

SeptemberÌý30,Ìý

Ìý

ÌýÌýÌýÌý

2017

ÌýÌýÌýÌý

2016

ÌýÌýÌýÌý

2017

ÌýÌýÌýÌý

2016

Numerator:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Basic and diluted income from continuing operations:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Income from continuing operations attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation

Ìý

$

84

Ìý

$

31

Ìý

$

289

Ìý

$

210

Basic and diluted net income:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Net income attributable to ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation

ÌýÌýÌýÌý

$

147

Ìý

$

55

Ìý

$

390

Ìý

$

198

Denominator:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Weighted average shares outstanding

Ìý

Ìý

238.5

Ìý

Ìý

236.3

Ìý

Ìý

238.0

Ìý

Ìý

236.2

Dilutive shares:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Stock-based awards

Ìý

Ìý

5.5

Ìý

Ìý

3.8

Ìý

Ìý

5.5

Ìý

Ìý

2.9

Total weighted average shares outstanding, including dilutive shares

Ìý

Ìý

244.0

Ìý

Ìý

240.1

Ìý

Ìý

243.5

Ìý

Ìý

239.1

Ìý

Additional stock‑based awards of 0.9 million and 5.5Ìýmillion weighted average equivalent shares of stock were outstanding during the three months ended September 30, 2017 and 2016, respectively, and 1.8 million and 5.9 million weighted average equivalent shares of stock were outstanding during the nine months ended September 30, 2017 and 2016, respectively. However, these stock‑based awards were not included in the computation of diluted earnings per share for the three and nine months ended September 30, 2017 and 2016 because the effect would be anti‑dilutive.