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Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following table presents selected unaudited quarterly financial information for the years ended December 31:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Net sales
$
1,064.2

 
$
1,102.8

 
$
1,105.6

 
$
1,133.9

 
$
1,119.0

 
$
1,122.7

 
$
1,289.8

 
$
1,249.9

Gross profit
238.4

 
239.8

 
217.7

 
237.1

 
227.0

 
236.8

 
207.8

 
286.1

Net loss
(65.6
)
 
(54.5
)
 
(128.3
)
 
(24.1
)
 
(244.6
)
 
(32.6
)
 
(127.5
)
 
(102.7
)
Net income (loss) attributable to noncontrolling interests
7.6

 
6.6

 
5.1

 
7.0

 
(6.1
)
 
6.6

 
(3.9
)
 
7.4

Net loss attributable to Diebold Nixdorf, Incorporated
$
(73.2
)
 
$
(61.1
)
 
$
(133.4
)
 
$
(31.1
)
 
$
(238.5
)
 
$
(39.2
)
 
$
(123.6
)
 
$
(110.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted loss per share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to Diebold Nixdorf, Incorporated
$
(0.97
)
 
$
(0.81
)
 
$
(1.76
)
 
$
(0.41
)
 
$
(3.13
)
 
$
(0.52
)
 
$
(1.62
)
 
$
(1.46
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted weighted-average shares outstanding
75.8

 
75.3

 
76.0

 
75.5

 
76.1

 
75.5

 
76.1

 
75.5



During 2018, the Company recorded goodwill impairment charges (as adjusted) of $83.1 and $134.4 in the second and third quarters, respectively, which contributed to the increased net loss compared to the same periods in 2017. In addition to the goodwill impairments, interest expense increased related to higher average outstanding balances throughout the year.

During 2018, the Company identified immaterial errors in prior periods for certain inventory balances, goodwill and various other items. Management determined that the correction of these errors were not material to each prior period. Refer to note 1 for further details on these adjustments. As a result of applying the correction retrospectively, previously reported balances within certain financial statement line items were increased (decreased) as follows:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
2017
Results of operations
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of sales - Services
$
1.7

 
$
2.3

 
$
1.6

 
$
0.4

 
$
0.5

 
$
2.8

 
$
1.9

Cost of sales - Products
$
0.8

 
$
0.4

 
$
0.4

 
$
0.3

 
$
0.8

 
$
0.4

 
$
0.4

Impairment of assets
$
—

 
$
—

 
$
(6.9
)
 
$
—

 
$
25.1

 
$
—

 
$
—

Income tax benefit
$
(0.2
)
 
$
(0.4
)
 
$
(0.2
)
 
$
(0.2
)
 
$
(0.5
)
 
$
(0.4
)
 
$
(0.5
)
Net income (loss) attributable to Diebold Nixdorf, Incorporated
$
(2.3
)
 
$
(2.4
)
 
$
5.1

 
$
(0.4
)
 
$
(25.9
)
 
$
(3.8
)
 
$
(1.9
)
Basic and diluted earnings (loss) per common share
$
(0.03
)
 
$
(0.03
)
 
$
0.07

 
$
(0.01
)
 
$
(0.34
)
 
$
(0.05
)
 
$
(0.03
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated balance sheet data
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade receivables, less allowances for doubtful accounts
$
(2.3
)
 
$
(2.0
)
 
$
(2.3
)
 
$
(2.0
)
 
$
(2.3
)
 
$
(2.1
)
 
$
(2.2
)
Inventories
$
(24.9
)
 
$
(16.3
)
 
$
(26.6
)
 
$
(16.7
)
 
$
(18.5
)
 
$
(20.5
)
 
$
(22.5
)
Other current assets
$
(3.5
)
 
$
(2.7
)
 
$
(3.8
)
 
$
(3.1
)
 
$
(3.9
)
 
$
(3.4
)
 
$
(3.5
)
Goodwill
$
—

 
$
—

 
$
6.9

 
$
—

 
$
(18.2
)
 
$
—

 
$
—

Deferred revenue
$
(1.0
)
 
$
(1.0
)
 
$
(1.0
)
 
$
(1.0
)
 
$
(1.0
)
 
$
(1.0
)
 
$
(1.0
)
Other current liabilities
$
(2.8
)
 
$
(1.8
)
 
$
(2.9
)
 
$
(2.1
)
 
$
(3.0
)
 
$
(2.5
)
 
$
(2.7
)
Redeemable noncontrolling interests
$
1.1

 
$
—

 
$
13.6

 
$
—

 
$
17.1

 
$
—

 
$
—

Total equity
$
(28.0
)
 
$
(18.2
)
 
$
(35.5
)
 
$
(18.7
)
 
$
(56.0
)
 
$
(22.5
)
 
$
(24.5
)