XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales    
Net sales $ 895.4 $ 858.1
Cost of sales    
Total cost of sales 686.8 648.8
Gross profit 208.6 209.3
Selling and administrative expense 161.6 183.8
Research, development and engineering expense 24.2 26.4
(Gain) loss on sale of assets, net (1.0) 0.3
Impairment of assets 0.0 0.9
Total operating expense 184.8 211.4
Operating profit (loss) 23.8 (2.1)
Other income (expense)    
Interest income 4.2 1.7
Interest expense (43.6) (81.9)
Foreign exchange gain (loss), net 0.4 (10.6)
Miscellaneous gain, net 1.0 2.6
Loss before taxes (14.2) (90.3)
Income tax (benefit) expense (3.1) 21.1
Equity in earnings (loss) of unconsolidated subsidiaries, net (2.9) (0.1)
Net loss (14.0) (111.5)
Net (loss) income attributable to noncontrolling interests 0.6 (0.4)
Net loss attributable to Diebold Nixdorf, Incorporated $ (14.6) $ (111.1)
Basic weighted-average shares outstanding (in shares) 37.6 79.3
Diluted weighted-average shares outstanding (in shares) 37.6 79.3
Net loss attributable to Diebold Nixdorf, Incorporated    
Basic loss per share (in dollars per share) $ (0.39) $ (1.40)
Diluted loss per share (in dollars per share) $ (0.39) $ (1.40)
Services    
Net sales    
Net sales $ 524.8 $ 516.4
Cost of sales    
Total cost of sales 408.7 363.0
Products    
Net sales    
Net sales 370.6 341.7
Cost of sales    
Total cost of sales $ 278.1 $ 285.8