Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2024

Basic loss per share is based on the weighted-average number of shares of common stock outstanding. Diluted loss per share includes the dilutive effect of shares of potential common stock 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. During the Predecessor Periods, the Company’s participating securities included restricted stock units (RSUs), director deferred shares and shares that vested but were deferred by employees. There were no participating securities in the Successor Period. The Company calculated basic and diluted loss per share under both the treasury stock method and the two-class method. For the three months ended March 31, 2024 and 2023, 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 in both the Successor Period of the three months ended March 31, 2024 and the Predecessor Period of the three months ended March 31, 2023, dilutive shares 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 potential dilutive common stock:


	Successor		Predecessor
	Three months ended		Three months ended
	March 31, 2024		March 31, 2023
Numerator
Loss used in basic and diluted loss per share
Net (loss) income	$	(14.0)	$	(111.5)
Net (loss) income attributable to noncontrolling interests	0.6		(0.4)
Net (loss) income attributable to Diebold Nixdorf, Incorporated	$	(14.6)	$	(111.1)
Denominator
Weighted-average number of shares of common stock used in basic and diluted loss per share (1)	37.6		79.3


Net (loss) income attributable to Diebold Nixdorf, Incorporated
Basic and diluted loss per share	$	(0.39)	$	(1.40)


Anti-dilutive shares
Anti-dilutive shares not used in calculating diluted weighted-average shares	1.1		2.2

(1)Nominal shares and 2.1 shares for the three months ended March 31, 2024 (Successor) and 2023 (Predecessor), respectively, are excluded from the computation of diluted loss per share because the effects are anti-dilutive, due to the net loss position.