Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2024

Basic earnings (loss) per share is computed by dividing net income (loss) for the period by the weighted-average number of common shares outstanding during the period.

In periods when we report net income, diluted earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period plus the dilutive effect of our outstanding stock incentive awards. For periods when we report a net loss, diluted earnings per share is equal to basic earnings per share, as the impact of our outstanding stock incentive awards is considered to be antidilutive.

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


	Three months ended March 31,
	2024		2023
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(23.2)	$	(33.7)

Weighted average number of shares outstanding-basic	431,555,922		429,584,681
Weighted average number of shares outstanding-diluted (1)	431,555,922		429,584,681

Earnings (loss) per share of common stock attributable to Dun & Bradstreet Holdings, Inc.:
Basic	$	(0.05)	$	(0.08)
Diluted	$	(0.05)	$	(0.08)

(1)The weighted average number of shares outstanding used in the computation of diluted earnings per share for the three months ended March 31, 2024 and 2023, excludes the effect of 10.9 million and 11.7 million, respectively, of potentially issuable common shares that are anti-dilutive to the diluted earnings per share computation.

Below is a reconciliation of our common stock issued and outstanding:


	Common Shares	Treasury Shares (1)	Common Shares Outstanding
Shares as of December 31, 2023	439,735,256	(886,920)	438,848,336
Shares issued for the three months ended March 31, 2024	4,820,581	N/A	4,820,581
Shares forfeited for the three months ended March 31, 2024 (2)	(933,114)	N/A	(933,114)
Shares as of March 31, 2024	443,622,723	(886,920)	442,735,803

(1)Primarily related to the forfeiture of unvested incentive units granted prior to the IPO.

(2)Includes shares surrendered related to payroll tax withheld for the vested restricted shares.

The following dividends were declared by our Board of Directors and subsequently paid during the three months ended March 31, 2024:

Declaration Date

Record Date

Payment Date

Dividends Per Share

February 8, 2024

March 7, 2024

March 21, 2024

0.05

Dividends accrued for restricted shares are contingent and payable upon vesting of the underlying restricted shares.