Company: DRH-PA
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001298946-25-000015
Chunk: 109

Company: DiamondRock Hospitality Co
Filing Date: 2025-02-28
Form: 10-K
Item: Item 16
Chunk 109
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913 925,404 839,738 Interest expense65,516 65,072 38,283 Interest (income) and other (income) expense, net(4,337)(2,561)1,404 Loss on early extinguishment of debt— — 9,766 Total other expenses, net61,179 62,511 49,453 Income before income taxes49,791 86,952 112,312 Income tax expense(1,541)(317)(2,607)Net income48,250 86,635 109,705 Less: Net income attributable to noncontrolling interests(203)(295)(377)Net income attributable to the Company48,047 86,340 109,328 Distributions to preferred stockholders(9,817)(9,817)(9,817)Net income attributable to common stockholders$38,230 $76,523 $99,511 Earnings per share:  Earnings per share available to common stockholders—basic$0.18 $0.36 $0.47 Earnings per share available to common stockholders—diluted$0.18 $0.36 $0.47 Weighted-average number of common shares outstanding:Basic210,286,342211,518,826212,423,873Diluted211,240,170212,304,117213,188,987

The accompanying notes are an integral part of these consolidated financial statements.

F-7

DIAMONDROCK HOSPITALITY COMPANY

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - (CONTINUED)

(in thousands, except per share amounts)

Year Ended December 31,202420232022Comprehensive income:  Net income$48,250 $86,635 $109,705 Other comprehensive income:Unrealized gain (loss) on interest rate derivative instruments353 (2,634)— Unrealized gain on Rabbi Trust assets326 591 — Comprehensive income48,929 84,592 109,705 Comprehensive income attributable to noncontrolling interests(209)(288)(377)Comprehensive income attributable to the Company$48,720 $84,304 $109,328 

The accompanying notes are an integral part of these consolidated financial statements.

F-8

DIAMONDROCK H