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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2018
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, 2018 and 2017 were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

 

2018

 

 

 

2017

 

Net (loss) income per share attributable to RRD common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.18

)

 

$

1.09

 

 

$

(0.32

)

 

$

0.38

 

Diluted

 

$

(0.18

)

 

$

1.09

 

 

$

(0.32

)

 

$

0.38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to RRD common stockholders

 

$

(13.0

)

 

$

76.5

 

 

$

(22.6

)

 

$

26.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

 

70.6

 

 

 

70.1

 

 

 

70.5

 

 

 

70.1

 

Dilutive options and awards

 

 

 

 

 

0.1

 

 

 

 

 

 

0.2

 

Diluted weighted average number of common shares outstanding

 

 

70.6

 

 

 

70.2

 

 

 

70.5

 

 

 

70.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

0.8

 

 

 

0.9

 

 

 

0.9

 

 

 

1.1

 

Restricted stock units

 

 

0.8

 

 

 

1.1

 

 

 

0.9

 

 

 

0.3

 

Total

 

 

1.6

 

 

 

2.0

 

 

 

1.8

 

 

 

1.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends declared per common share

 

$

0.14

 

 

$

0.14

 

 

$

0.28

 

 

$

0.28