Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share of common stock (shares in thousands):



	Three Months Ended March 31,
	2018			2017
Basic Earnings (Loss) per Share:
Net Income from Continuing Operations Attributable to Xerox	$	23		$	46
Accrued dividends on preferred stock	(4		)	(4		)
Adjusted Net income from continuing operations available to common shareholders	19			42
Net loss from discontinued operations attributable to Xerox	—			(6		)
Adjusted Net income available to common shareholders	$	19		$	36

Weighted average common shares outstanding	254,660			254,038
Basic Earnings (Loss) per Share:
Continuing operations	$	0.08		$	0.17
Discontinued operations	—			(0.03		)
Basic Earnings per Share	$	0.08		$	0.14

Diluted Earnings (Loss) per Share:
Net Income from Continuing Operations Attributable to Xerox	$	23		$	46
Accrued dividends on preferred stock	(4		)	(4		)
Adjusted Net income from continuing operations available to common shareholders	19			42
Net loss from discontinued operations attributable to Xerox	—			(6		)
Adjusted Net income available to common shareholders	$	19		$	36

Weighted average common shares outstanding	254,660			254,038
Common shares issuable with respect to:
Restricted stock and performance shares	2,810			2,104
Adjusted Weighted average common shares outstanding	257,470			256,142
Diluted Earnings (Loss) per Share:
Continuing operations	$	0.08		$	0.16
Discontinued operations	—			(0.02		)
Diluted Earnings per Share	$	0.08		$	0.14

The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive:
Stock options	—			—
Restricted stock and performance shares	2,977			3,937
Convertible preferred stock	6,742			6,742
Total Anti-Dilutive Securities	9,719			10,679

Dividends per Common Share	$	0.25		$	0.25