Company: DRH-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001298946-25-000077
Chunk: 24

Company: DiamondRock Hospitality Co
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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38,381 $22,076 $47,784 $27,950 Denominator:Weighted-average number of common shares outstanding—basic206,804,961 211,195,463 207,652,548 211,432,403 Effect of dilutive securities:Unvested restricted common stock32,059 120,182 195,762 123,222 Shares related to unvested PSUs1,079,288 700,800 1,313,049 721,190 Weighted-average number of common shares outstanding—diluted207,916,308 212,016,445 209,161,359 212,276,815 Earnings per share:Earnings per share available to common stockholders—basic$0.19 $0.10 $0.23 $0.13 Earnings per share available to common stockholders—diluted$0.18 $0.10 $0.23 $0.13 

The common OP units held by the noncontrolling interest holders have been excluded from the denominator of the basic and diluted EPS calculation as there would be no effect on the amounts since the common OP units' share of income or loss would also be added or subtracted to derive net income available to common stockholders. 

11.  Segment Reporting

     We have one reportable segment, which is hotel ownership. The hotel ownership segment is mostly comprised of upper upscale and luxury chain scale hotels that offer hotel rooms, food and beverage and other ancillary guest services. The Company’s chief operating decision maker (“CODM”) is the Executive Committee which includes: 1) the Chief Executive 

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Officer, 2) the President and Chief Operating Officer, 3) the Executive Vice President, Chief Financial Officer & Treasurer, and 4) the Senior Vice President, General Counsel & Corporate Secretary.The CODM evaluates the hotel ownership segment primarily based on hotel adjusted earnings (loss) before interest income and expense, taxes and depreciation and amortization (“Hotel Adjusted EBITDA”). The CODM uses Hotel Adjusted EBITDA to evaluate the ongoing operational performance of our hotels and effectiveness of the third-party management companies operating our business on a property-level basis, in order to make informed decisions on how to allocate resources. Hotel Adjusted EBITDA is also used to monitor budget versus actual results. The monitoring of budgeted versus actual results are used