乐天堂fun88(中国区)官方网站

Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE

v3.20.1
NET INCOME PER SHARE
3 Months Ended
Mar. 31, 2020
NET INCOME PER SHARE
NET INCOME PER SHARE

18. NET INCOME PER SHARE

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Basic income per share excludes dilution and is computed by dividing net income attributable to 乐天堂fun88(中国区)官方网站 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 乐天堂fun88(中国区)官方网站 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.

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

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Three months

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ended

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March 31,

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2020

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2019

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Numerator:

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Basic and diluted (loss) income from continuing operations:

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(Loss) income from continuing operations attributable to 乐天堂fun88(中国区)官方网站 Corporation

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$

(72)

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$

96

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Basic and diluted net income:

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Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation

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$

705

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$

119

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Denominator:

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Weighted average shares outstanding

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223.2

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233.1

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Dilutive shares:

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Stock-based awards

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2.0

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Total weighted average shares outstanding, including dilutive shares

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223.2

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235.1

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Additional stock-based awards of 5.6 million and 3.1听million weighted average equivalent shares of stock were outstanding during the three months ended March 31, 2020 and 2019, respectively. However, these stock-based awards were not included in the computation of diluted earnings per share for the three months ended March 31, 2020 and 2019 because the effect would be anti-dilutive.