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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
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, 2016 and 2015 was as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Net (loss) earnings per share attributable to RR Donnelley common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.07

)

 

$

0.21

 

 

$

0.12

 

 

$

0.33

 

Diluted

 

$

(0.07

)

 

$

0.21

 

 

$

0.12

 

 

$

0.32

 

Dividends declared per common share

 

$

0.26

 

 

$

0.26

 

 

$

0.52

 

 

$

0.52

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) earnings attributable to RR Donnelley common shareholders

 

$

(14.5

)

 

$

43.5

 

 

$

25.3

 

 

$

65.8

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

209.9

 

 

 

203.1

 

 

 

209.8

 

 

 

201.8

 

Dilutive options and awards

 

 

 

 

 

1.1

 

 

 

1.6

 

 

 

1.3

 

Diluted weighted average number of common shares outstanding

 

 

209.9

 

 

 

204.2

 

 

 

211.4

 

 

 

203.1

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

2.5

 

 

 

1.8

 

 

 

2.0

 

 

 

2.0

 

Performance share units

 

 

0.7

 

 

 

1.2

 

 

 

0.7

 

 

 

1.1

 

Restricted stock units

 

 

0.7

 

 

 

 

 

 

 

 

 

 

Total

 

 

3.9

 

 

 

3.0

 

 

 

2.7

 

 

 

3.1