What was the diluted weighted-average shares outstanding 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, | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||||||||
| Numerator: | ||||||||||
| Net income | $ 1,296 | $ | 220 | $ | 455 | |||||
| Net income attributable to noncontrolling interests | — | — | — | |||||||
| Net income attributable to Hyatt Hotels Corporation | $ 1,296 | $ | 220 | $ | 455 | |||||
| Denominator: | ||||||||||
| Basic weighted-average shares outstanding (1) | 99,791,270 | 104,861,037 | 109,093,790 | |||||||
| Stock-based compensation | 2,632,830 | 2,865,924 | 2,171,149 | |||||||
| Diluted weighted-average shares outstanding (1) | 102,424,100 | 107,726,961 | 111,264,939 | |||||||
| Basic Earnings Per Class A and Class B Share: | ||||||||||
| Net income | $ 12.99 | $ | 2.10 | $ | 4.17 | |||||
| Net income attributable to noncontrolling interests | — | — | — | |||||||
| Net income attributable to Hyatt Hotels Corporation | $ 12.99 | $ | 2.10 | $ | 4.17 | |||||
| Diluted Earnings Per Class A and Class B Share: | ||||||||||
| Net income | $ 12.65 | $ | 2.05 | $ | 4.09 | |||||
| Net income attributable to noncontrolling interests | — | — | — | |||||||
| Net income attributable to Hyatt Hotels Corporation | $ |
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 diluted weighted-average shares outstanding for the year ended December 31, 2022, was 111,264,939. This figure represents the number of shares used in calculating diluted earnings per share, taking into account the potential dilution that could occur if stock options or other convertible securities were exercised.
For prospective Caption By Hyatt franchisees, understanding the diluted weighted-average shares outstanding can provide insight into the company's capital structure and potential future dilution. A higher number of shares outstanding may indicate a greater distribution of ownership, which could impact earnings per share.
It's important to note that this number is just one factor to consider when evaluating the financial health of Caption By Hyatt. Franchisees should also review other financial metrics and consult with a financial advisor to gain a comprehensive understanding of the company's financial performance and potential risks.