| EARNINGS PER SHARE |
EARNINGS PER SHARE The calculation of basic and diluted earnings per Class A and Class B share, including a reconciliation of the numerator and denominator, is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2024 | | 2023 | | 2024 | | 2023 | | Numerator: | | | | | | | | | Net income | $ | 471 | | | $ | 68 | | | $ | 1,352 | | | $ | 194 | | | Net income attributable to noncontrolling interests | — | | | — | | | — | | | — | | | Net income attributable to Hyatt Hotels Corporation | $ | 471 | | | $ | 68 | | | $ | 1,352 | | | $ | 194 | | | Denominator: | | | | | | | | | Basic weighted-average shares outstanding | 99,149,433 | | | 104,335,826 | | | 101,006,064 | | | 105,411,846 | | | Stock-based compensation | 2,536,249 | | | 2,523,931 | | | 2,632,497 | | | 2,461,795 | | | Diluted weighted-average shares outstanding | 101,685,682 | | | 106,859,757 | | | 103,638,561 | | | 107,873,641 | | | Basic Earnings Per Class A and Class B Share: | | | | | | | | | Net income | $ | 4.75 | | | $ | 0.65 | | | $ | 13.38 | | | $ | 1.84 | | | Net income attributable to noncontrolling interests | — | | | — | | | — | | | — | | | Net income attributable to Hyatt Hotels Corporation | $ | 4.75 | | | $ | 0.65 | | | $ | 13.38 | | | $ | 1.84 | | | Diluted Earnings Per Class A and Class B Share: | | | | | | | | | Net income | $ | 4.63 | | | $ | 0.63 | | | $ | 13.04 | | | $ | 1.80 | | | Net income attributable to noncontrolling interests | — | | | — | | | — | | | — | | | Net income attributable to Hyatt Hotels Corporation | $ | 4.63 | | | $ | 0.63 | | | $ | 13.04 | | | $ | 1.80 | | | |
The computations of diluted earnings per Class A and Class B share for the three and nine months ended September 30, 2024 and September 30, 2023 do not include the following shares of Class A common stock assumed to be issued as stock-settled SARs and RSUs because they are anti-dilutive. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2024 | | 2023 | | 2024 | | 2023 | | SARs | 200 | | | 24,100 | | | 100 | | | 54,900 | | | RSUs | 300 | | | 100 | | | 1,000 | | | 1,900 | | | | | | | | | | | | | | | | | |
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