What was the basic weighted-average shares outstanding for The Standardx as of December 31, 2023?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
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 | — |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the basic weighted-average shares outstanding as of December 31, 2023, was 104,861,037. This figure represents the average number of shares available during that year, which is used to calculate earnings per share.
For a prospective franchisee, understanding the number of outstanding shares can provide insight into the company's capital structure and potential dilution of equity. It's a key metric for investors to assess the financial health and stability of The Standardx. The FDD also lists the basic weighted-average shares outstanding for 2022 and 2024, which were 109,093,790 and 99,791,270 respectively.
This information is typically found in the financial statements and is essential for conducting due diligence before investing in a franchise. Reviewing these figures over several years can reveal trends and inform investment decisions. Additionally, the FDD includes data on diluted weighted-average shares outstanding, which accounts for the potential dilution from stock options and other convertible securities. As of December 31, 2023, the diluted weighted-average shares outstanding was 107,726,961.