Expedia 2014 Annual Report Download - page 117
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Non-redeemable Noncontrolling Interests
As of December 31, 2014 and 2013, our ownership interest in eLong was approximately 64% and 65%.
Amounts paid in excess of the respective noncontrolling interest were recorded to additional paid-in capital. The
following table shows the effects of the changes in noncontrolling interest on our equity for the respective
periods, in thousands:
2014 2013 2012
Net income attributable to Expedia, Inc. $398,097 $232,850 $280,171
Transfers (to) from the noncontrolling interest
due to:
Net increase in Expedia, Inc.’s paid-in
capital for newly issued eLong shares and
other equity activity 24,090 6,928 2,077
Net transfers from noncontrolling
interest 24,090 6,928 2,077
Change from net income attributable to Expedia,
Inc. and transfers from noncontrolling interest $422,187 $239,778 $282,248
NOTE 14 — Earnings Per Share
Basic Earnings Per Share
Basic earnings per share was calculated for the years ended December 31, 2014, 2013 and 2012 using the
weighted average number of common and Class B common shares outstanding during the period excluding
restricted stock and stock held in escrow.
Diluted Earnings Per Share
For the years ended December 31, 2014, 2013 and 2012, we computed diluted earnings per share using
(i) the number of shares of common stock and Class B common stock used in the basic earnings per share
calculation as indicated above (ii) if dilutive, the incremental common stock that we would issue upon the
assumed exercise of stock options and stock warrants and the vesting of RSUs using the treasury stock method,
and (iii) other stock-based commitments.
F-35