Basic earnings per share ("EPS") is computed by dividing net income (loss) attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income (loss) attributable to Wynn Resorts, adjusted for the potential dilutive impact assuming that the conversion of the WML Convertible Bonds occurred at the later of the date of issuance or beginning of the period presented under the if-converted method, by the weighted average number of common shares outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potential dilutive securities had been issued, to the extent such impact is not anti-dilutive. Other potentially dilutive securities include outstanding stock options and unvested restricted stock.

The weighted average number of common and common equivalent shares used in the calculation of basic and diluted EPS consisted of the following (in thousands, except per share amounts):


	Three Months Ended March 31,
	2024		2023
Numerator:
Net income attributable to Wynn Resorts, Limited - basic	$	144,216	$	12,332
Effect of dilutive securities of Wynn Resorts, Limited subsidiaries:
Assumed conversion of WML Convertible Bonds	—		(14,566)
Net income (loss) attributable to Wynn Resorts, Limited - diluted	$	144,216	$	(2,234)

Denominator:
Weighted average common shares outstanding	111,023		112,753
Potential dilutive effect of stock options, nonvested, and performance nonvested shares	310		363
Weighted average common and common equivalent shares outstanding	111,333		113,116

Net income attributable to Wynn Resorts, Limited per common share, basic	$	1.30	$	0.11
Net income (loss) attributable to Wynn Resorts, Limited per common share, diluted	$	1.30	$	(0.02)

Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share	281		38