Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2024

Basic earnings (loss) per share is based on the weighted-average number of shares of common stock outstanding. Diluted earnings (loss) per share includes the dilutive effect of shares of potential 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 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 earnings (loss) per share under both the treasury stock method and the two-class method. For the three and six months ended June 30, 2024 and 2023, 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 was in a net loss position in the Predecessor Periods of the three and six months ended June 30, 2023, dilutive shares are excluded from the shares used in the computation of Predecessor Periods 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 potential dilutive common stock:


	Successor		Predecessor
	Three months ended		Three months ended
	June 30, 2024		June 30, 2023
Numerator
Earnings (loss) used in basic and diluted loss per share
Net income (loss)	$	14.8	$	(677.3)
Net income (loss) attributable to noncontrolling interests	(0.1)		(0.2)
Net income (loss) attributable to Diebold Nixdorf, Incorporated	$	14.9	$	(677.1)
Denominator
Weighted-average number of shares of common stock used in basic earnings (loss) per share (1)	37.6		80.0
Effect of dilutive shares (1)	0.1		—
Weighted-average number of shares used in diluted earnings (loss) per share	37.7		80.0
Net income (loss) attributable to Diebold Nixdorf, Incorporated
Basic earnings (loss) per share	$	0.40	$	(8.46)
Diluted earnings (loss) per share	$	0.40	$	(8.46)

Anti-dilutive shares
Anti-dilutive shares not used in calculating diluted weighted-average shares	1.0		1.8

(1)1.7 shares for the three months ended June 30, 2023 (Predecessor) are excluded from the computation of diluted loss per share because the effects are anti-dilutive, due to the net loss position.


	Successor		Predecessor
	Six months ended		Six months ended
	June 30, 2024		June 30, 2023
Numerator
Earnings (loss) used in basic and diluted loss per share
Net income (loss)	$	0.8	$	(788.8)
Net income (loss) attributable to noncontrolling interests	0.5		(0.6)
Net income (loss) attributable to Diebold Nixdorf, Incorporated	$	0.3	$	(788.2)
Denominator
Weighted-average number of shares of common stock used in basic earnings (loss) per share (1)	37.6		79.7
Effect of dilutive shares (1)	—		—
Weighted-average number of shares used in diluted earnings (loss) per share	37.6		79.7
Net income (loss) attributable to Diebold Nixdorf, Incorporated
Basic earnings (loss) per share	$	0.01	$	(9.89)
Diluted earnings (loss) per share	$	0.01	$	(9.89)

Anti-dilutive shares
Anti-dilutive shares not used in calculating diluted weighted-average shares	1.2		2.0

(1)1.9 shares for the six months ended June 30, 2023 (Predecessor) are excluded from the computation of diluted loss per share because the effects are anti-dilutive, due to the net loss position.