What amount of net income was attributable to noncontrolling interests for Caption By Hyatt in 2022?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
ember 31, 2024 | | December 31, 2023 | | | Long-lived assets: | | | | | | | United States | | $ 1,316 | $ | 2,001 | | | All foreign | | 701 | | 708 | | | Total | | $ 2,017 | $ | 2,709 | |
20. 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:
| Year Ended December 31, |
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Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the net income attributable to noncontrolling interests for the year ended December 31, 2022, was zero. The document indicates this with a "—" symbol in the financial statements under the 'Net income attributable to noncontrolling interests' line for that year.
This means that in 2022, none of the net income was allocated to noncontrolling interests. All $455 of net income was attributable to Hyatt Hotels Corporation.
For a prospective Caption By Hyatt franchisee, this detail provides insight into how the brand's profits are distributed among different stakeholders. Understanding the allocation of net income can help franchisees assess the financial structure and stability of the company.