anti-dilutive

No effect is shown for any securities that are anti-dilutive. (a) See the Notes to the Financial Information for discussion of non-GAAP measures, reporting periods and comparable hotel results. (b) Operating profit margins are calculated by dividing the applicable operating profit by the related revenue amount.

unknown title 2011

No effect is shown for securities if they are anti-dilutive.

unknown title 2011

Because the Company incurred net losses during the three months and year ended December 31, 2009, there are no potentially dilutive shares recognized in the number of diluted weighted average shares for EPS purposes for those periods due to their anti-dilutive nature.

unknown title 2011

No effect is shown for securities if they are anti-dilutive.

unknown title 2012

Basic shares outstanding are used in the calculation of full-year 2009 GAAP EPS as the use of dilutive shares outstanding would cause that EPS calculation to be anti-dilutive.

unknown title 2011

Adjusted net income per share includes any dilutive equivalent shares when not anti-dilutive.

unknown title 2011

I think you will see us move from a share repurchase mentality that has historically been opportunistic to something that is more regular anti-dilutive and linier in application.

unknown title 2011

Potentially dilutive shares of common stock from stock options, non-vested share awards, and shares from the assumed conversion of our convertible debentures are not included in the diluted weighted average shares outstanding because their inclusion would be anti-dilutive i.e., reduce the net loss per share.

unknown title 2011

When there is a net loss, the exercise of stock options would result in a calculated diluted net loss per share that is anti-dilutive.

unknown title 2011

In addition, in cases in which the non-GAAP net income changes from negative to positive when compared to the GAAP net income, or vice versa, the non-GAAP per-share calculation also gives effect to an adjustment to the number of diluted weighted average common shares outstanding reflecting the application of the treasury method and the fact that shares previously considered anti-dilutive would now be considered dilutive, or vice versa.

unknown title 2011