Earnings (Loss) per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

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,
	2023		2022
Basic Earnings (Loss) per Share
Net Income (Loss) Attributable to Xerox Holdings	$	71	$	(56)
Accrued dividends on preferred stock	(4)		(4)
Adjusted Net income (loss) available to common shareholders	$	67	$	(60)
Weighted average common shares outstanding	156,661		156,362
Basic Earnings (Loss) per Share	$	0.43	$	(0.38)
Diluted Earnings (Loss) per Share
Net Income (Loss) Attributable to Xerox Holdings	$	71	$	(56)
Accrued dividends on preferred stock	(4)		(4)
Adjusted Net income (loss) available to common shareholders	$	67	$	(60)
Weighted average common shares outstanding	156,661		156,362
Common shares issuable with respect to:
Stock options	—		—
Restricted stock and performance shares	1,085		—
Convertible preferred stock	—		—
Adjusted weighted average common shares outstanding	157,746		156,362
Diluted Earnings (Loss) per Share	$	0.43	$	(0.38)
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	561		612
Restricted stock and performance shares	6,402		6,470
Convertible preferred stock	6,742		6,742
Total Anti-Dilutive Securities	13,705		13,824
Dividends per Common Share	$	0.25	$	0.25