Wyndham Hotels & Resorts, Inc. Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

The following table sets forth the computation of basic and diluted EPS (in millions, except per-share data):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Net income	$	58	$	58	$	118	$	138
Basic weighted average shares outstanding	99.8		99.8		99.8		99.8
Stock options and restricted stock units (“RSUs”)	0.3		—		0.1		—
Diluted weighted average shares outstanding	100.1		99.8		99.9		99.8
Earnings per share:
Basic	$	0.58	$	0.58	$	1.19	$	1.39
Diluted	0.58		0.58		1.19		1.39

Dividends:

Aggregate dividends paid to shareholders	$	25	$	—	$	52	$	—

The following table summarizes stock repurchase activity under the current stock repurchase program (in millions, except per share data):



	Shares	Cost		Average Price Per Share
As of May 31, 2018	—	$	—	$	—
For the four months ended September 30, 2018	1.0	59		57.84
As of September 30, 2018	1.0	$	59	57.84