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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2014
Schedule of Earnings per Share

The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation and the anti-dilutive share-based awards for the three and six months ended June 30, 2014 and 2013 were as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Net earnings per share attributable to RR Donnelley common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.32

 

 

$

0.36

 

 

$

0.18

 

 

$

0.51

 

Diluted

$

0.32

 

 

$

0.36

 

 

$

0.18

 

 

$

0.51

 

Dividends declared per common share

$

0.26

 

 

$

0.26

 

 

$

0.52

 

 

$

0.52

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to RR Donnelley common shareholders

$

64.7

 

 

$

65.4

 

 

$

35.7

 

 

$

92.5

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

200.2

 

 

 

182.0

 

 

 

196.7

 

 

 

181.6

 

Dilutive options and awards

 

1.2

 

 

 

1.2

 

 

 

1.5

 

 

 

1.5

 

Diluted weighted average number of common shares outstanding

 

201.4

 

 

 

183.2

 

 

 

198.2

 

 

 

183.1

 

Weighted average number of anti-dilutive share-based awards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units

 

1.4

 

 

 

1.9

 

 

 

1.2

 

 

 

1.7

 

Performance share units

 

1.0

 

 

 

1.0

 

 

 

1.0

 

 

 

0.8

 

Stock options

 

3.4

 

 

 

4.0

 

 

 

3.5

 

 

 

4.2

 

Total

 

5.8

 

 

 

6.9

 

 

 

5.7

 

 

 

6.7