EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2023

Basic earnings (loss) per share is based on the weighted-average number of common stock outstanding. Diluted earnings (loss) per share includes the dilutive effect of potential shares of common stock outstanding. Under the two-class method of computing earnings (loss) per share, non-vested share-based payment awards that contain rights to receive non-forfeitable dividends are considered participating securities. During the Predecessor Periods, the Company’s participating securities include restricted stock units (RSUs), director deferred shares and shares that were vested but deferred by employees. There were no vested participating securities in the Successor Period. The Company calculated basic and diluted earnings (loss) per share under both the treasury stock method and the two-class method. For the Successor Period from August 12, 2023 through December 31, 2023 and the Predecessor Periods of January 1, 2023 through August 11, 2023 and the years ended December 31, 2022 and 2021, there were no differences in the earnings (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 in the years ended December 31, 2022 and 2021, dilutive shares are excluded from the shares used in the computation of diluted loss per share.

The following table represents amounts used in computing earnings (loss) per share and the effect on the weighted-average number of shares of dilutive potential common stock for the years ended December 31:


	Successor		Predecessor
	Period from 08/12/2023 through 12/31/2023		Period from 01/01/2023 through 08/11/2023		Years ended December 31,
					2022		2021
Numerator
Income (loss) used in basic and diluted loss per share
Net income (loss)	$	19.1	$	1,357.5	$	(585.6)	$	(78.1)
Net income (loss) income attributable to noncontrolling interests	1.3		(0.8)		(4.2)		0.7
Net income (loss) attributable to Diebold Nixdorf, Incorporated	$	17.8	$	1,358.3	$	(581.4)	$	(78.8)
Denominator
Weighted-average number of shares of common stock used in basic earnings (loss) per share (1)	37.6		79.7		79.0		78.3
Effect of dilutive shares (1)	—		1.7		—		—
Weighted-average number of shares used in diluted earnings (loss) per share	37.6		81.4		79.0		78.3
Net income (loss) per share attributable to Diebold Nixdorf, Incorporated
Basic and diluted income (loss) per share	$	0.47	$	17.04	$	(7.36)	$	(1.01)
Diluted earnings income (loss) per share	$	0.47	$	16.69	$	(7.36)	$	(1.01)

Anti-dilutive shares
Anti-dilutive shares not used in calculating diluted weighted-average shares	—		2.1		4.2		3.9

(1)Shares of 1.5 and 1.2 for the years ended December 31, 2022 and 2021, respectively, are excluded from the computation of diluted earnings (loss) per share because the effects are anti-dilutive, irrespective of the net loss position.