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Earnings Per Share
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 20. Earnings (Loss) Per Share

A summary of information used to compute basic and diluted earnings (loss) per share attributable to Visteon is as follows:
 
Year Ended December 31
 
2014
 
2013
 
2012
 
(In Millions, Except Per Share Amounts)
Numerator:
 
 
 
 
 
Net (loss) income from continuing operations attributable to Visteon
$
(98
)
 
$
555

 
$
56

(Loss) income from discontinued operations, net of tax
(197
)
 
135

 
44

Net (loss) income attributable to Visteon
$
(295
)
 
690

 
$
100

Denominator:
 
 
 
 
 
Average common stock outstanding - basic
45.8

 
50.0

 
52.9

Dilutive effect of warrants and PSUs
—

 
1.1

 
0.4

Diluted shares
45.8

 
51.1

 
53.3

 
 
 
 
 
 
Basic and Diluted Per Share Data:
 
 
 
 
 
Basic (loss) earnings per share attributable to Visteon:
 
 
 
 
 
Continuing operations
$
(2.14
)
 
$
11.10

 
$
1.06

Discontinued operations
(4.30
)
 
2.70

 
0.83

 
$
(6.44
)
 
$
13.80

 
$
1.89

Diluted (loss) earnings per share attributable to Visteon:
 
 
 
 
 
Continuing operations
$
(2.14
)
 
$
10.86

 
$
1.05

Discontinued operations
(4.30
)
 
2.64

 
0.83

 
$
(6.44
)
 
$
13.50

 
$
1.88



The potentially dilutive impact of common stock and certain common stock equivalents including warrants, performance-based share units, and stock options were excluded from the computation of weighted average diluted shares outstanding as inclusion of such items would be anti-dilutive for the year ended December 31, 2014, summarized as follows:
 
Year Ended December 31
 
2014
 
2013
 
2012
 
(In Millions, Except Per Share Amounts)
Number of warrants
1.3
 
 
—
 
 
1.5
 
    Exercise price
$
58.80
 
 
$
—
 
 
$
58.80
 
Number of performance stock units
1.0
 
 
0.1
 
 
1.3
 
Number of stock options
0.1
 
 
0.2
 
 
0.4
 
    Exercise price
$
53.48

-
$
84.67

 
$
44.55

-
$
74.08

 
$
44.55

-
$
74.08