Earning Per Share

6 Months Ended

Jun. 30, 2023

Loss Per Share

Basic loss per share is based on the weighted-average number of common shares outstanding. Diluted loss per share includes the dilutive effect of potential common shares outstanding. Under the two-class method of computing loss per share, non-vested share-based payment awards that contain rights to receive non-forfeitable dividends are considered participating securities. The Company’s participating securities include restricted stock units (RSUs), director deferred shares and shares that vested but were deferred by employees. The Company calculated basic and diluted loss per share under both the treasury stock method and the two-class method. For the three and six months ended June 30, 2023 and 2022, there were no differences in the loss per share amounts calculated using the two methods. Accordingly, the treasury stock method is disclosed below; however, because the Company is in a net loss position, dilutive shares of 1.7 and 2.2 for the three months ended June 30, 2023 and 2022, respectively, and 1.9 and 1.5 for the six months ended June 30, 2023 and 2022, respectively, are excluded from the shares used in the computation of diluted loss per share.

The following table represents amounts used in computing loss per share and the effect on the weighted-average number of shares of dilutive potential common shares:


	Three months ended				Six months ended
	June 30,				June 30,
	2023		2022		2023		2022
Numerator
Loss used in basic and diluted loss per share
Net loss	$	(677.3)	$	(199.1)	$	(788.8)	$	(383.0)
Net loss attributable to noncontrolling interests	(0.2)		0.1		(0.6)		(0.7)
Net loss attributable to Diebold Nixdorf, Incorporated	$	(677.1)	$	(199.2)	$	(788.2)	$	(382.3)
Denominator
Weighted-average number of common shares used in basic and diluted loss per share (1)	80.0		79.0		79.7		78.9


Net loss attributable to Diebold Nixdorf, Incorporated
Basic and diluted loss per share	$	(8.46)	$	(2.52)	$	(9.89)	$	(4.85)

(1)Shares of 1.8 and 5.0 for the three months ended June 30, 2023 and 2022, respectively, and 2.0 and 4.5 for the six months ended June 30, 2023 and 2022, respectively, are excluded from the computation of diluted loss per share because the effects are anti-dilutive, irrespective of the net loss position.