Earnings (Loss) per Share

3 Months Ended

Mar. 31, 2021

(shares in thousands)

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


	Three Months Ended March 31,
		2021		2020
Basic Earnings (Loss) per Share
Net Income (Loss) Attributable to Xerox Holdings		$	39	$	(2)
Accrued dividends on preferred stock		(4)		(4)


Adjusted Net income (loss) available to common shareholders		$	35	$	(6)

Weighted average common shares outstanding		195,985		212,750




Basic Earnings (Loss) per Share		$	0.18	$	(0.03)

Diluted Earnings (Loss) per Share
Net Income (Loss) Attributable to Xerox Holdings		$	39	$	(2)
Accrued dividends on preferred stock		(4)		(4)


Adjusted Net income (loss) available to common shareholders		$	35	$	(6)

Weighted average common shares outstanding		195,985		212,750
Common shares issuable with respect to:
Stock options		—		—
Restricted stock and performance shares		2,181		—
Convertible preferred stock		—		—

Adjusted weighted average common shares outstanding		198,166		212,750




Diluted Earnings (Loss) per Share		$	0.18	$	(0.03)

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		693		849
Restricted stock and performance shares		5,327		6,478
Convertible preferred stock		6,742		6,742
Total Anti-Dilutive Securities		12,762		14,069

Dividends per Common Share		$	0.25	$	0.25