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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2017
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 three months ended March 31, 2017 and 2016 were as follows:

 

 

 

Three Months Ended

 

 

  

 

March 31,

 

 

 

 

2017

 

 

2016

 

 

Basic net (loss) earnings per share attributable to RRD common stockholders:

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.71

)

 

$

0.05

 

 

Discontinued operations

 

 

 

 

 

0.52

 

 

Net (loss) earnings attributable to RRD stockholders

 

 

(0.71

)

 

 

0.57

 

 

Diluted net (loss) earnings per share attributable to RRD common stockholders:

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

(0.71

)

 

 

0.05

 

 

Discontinued operations

 

 

 

 

 

0.52

 

 

Net (loss) earnings attributable to RRD stockholders

 

 

(0.71

)

 

 

0.57

 

 

Numerator

 

 

 

 

 

 

 

 

 

Net loss attributable to RRD common stockholders - continuing operations

 

 

(50.1

)

 

 

3.6

 

 

Net earnings from discontinued operations, net of income taxes

 

 

 

 

 

36.2

 

 

Net (loss) earnings attributable to RRD common stockholders

 

 

(50.1

)

 

 

39.8

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

70.1

 

 

 

69.9

 

 

Dilutive options and awards

 

 

 

 

 

0.4

 

 

Diluted weighted average number of common shares outstanding

 

 

70.1

 

 

 

70.3

 

 

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

 

 

 

 

 

 

 

 

 

Stock options

 

 

1.3

 

 

 

0.7

 

 

Performance share units

 

 

0.1

 

 

 

0.2

 

 

Restricted stock units

 

 

0.5

 

 

 

 

 

Total

 

 

1.9

 

 

 

0.9

 

 

 

 

 

 

 

 

 

 

 

 

Dividends declared per common share

 

 

0.14

 

 

 

0.78