(Loss) Earnings per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

(Loss) Earnings per Share

Earnings per Share

(shares in thousands)

The following table sets forth the computation of basic and diluted (loss) earnings per share of common stock of Xerox Holdings:

	Three Months Ended March 31,
	2020		2019
Basic (Loss) Earnings per Share
Net (Loss) Income from Continuing Operations Attributable to Xerox Holdings	$	(2)	$	84
Accrued dividends on preferred stock	(4)		(4)
Adjusted Net (loss) income from continuing operations available to common shareholders	(6)		80
Income from discontinued operations attributable to Xerox Holdings, net of tax	—		49
Adjusted Net (loss) income available to common shareholders	$	(6)	$	129
Weighted average common shares outstanding	212,750		228,567
Basic (Loss) Earnings per Share:
Continuing operations	$	(0.03)	$	0.35
Discontinued operations	—		0.22
Basic (Loss) Earnings per Share	$	(0.03)	$	0.57
Diluted (Loss) Earnings per Share
Net (Loss) Income from Continuing Operations Attributable to Xerox Holdings	$	(2)	$	84
Accrued dividends on preferred stock	(4)		(4)
Adjusted Net (loss) income from continuing operations available to common shareholders	(6)		80
Income from discontinued operations attributable to Xerox Holdings, net of tax	—		49
Adjusted Net (loss) income available to common shareholders	$	(6)	$	129
Weighted average common shares outstanding	212,750		228,567
Common shares issuable with respect to:
Stock options	—		3
Restricted stock and performance shares	—		4,406
Convertible preferred stock	—		—
Adjusted Weighted average common shares outstanding	212,750		232,976
Diluted (Loss) Earnings per Share:
Continuing operations	$	(0.03)	$	0.34
Discontinued operations	—		0.21
Diluted (Loss) Earnings per Share	$	(0.03)	$	0.55
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	849		947
Restricted stock and performance shares	6,478		3,847
Convertible preferred stock	6,742		6,742
Total Anti-Dilutive Securities	14,069		11,536
Dividends per Common Share	$	0.25	$	0.25