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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2021
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 years ended December 31, 2021, 2020 and 2019 were as follows:

 

 

2021

 

 

2020

 

 

2019

 

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

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

0.04

 

 

$

(0.37

)

 

$

(0.07

)

Discontinued operations

$

0.01

 

 

 

1.73

 

 

 

(1.24

)

Net earnings (loss) attributable to RRD stockholders

$

0.05

 

 

$

1.36

 

 

$

(1.31

)

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

0.04

 

 

$

(0.37

)

 

$

(0.07

)

Discontinued operations

$

0.01

 

 

 

1.73

 

 

 

(1.24

)

Net earnings (loss) attributable to RRD stockholders

$

0.05

 

 

$

1.36

 

 

$

(1.31

)

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

$

3.1

 

 

$

(26.4

)

 

$

(4.8

)

Net income (loss) from discontinued operations

$

0.6

 

 

 

124.9

 

 

 

(88.4

)

Net income (loss) attributable to RRD stockholders

$

3.7

 

 

$

98.5

 

 

$

(93.2

)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average number of common shares outstanding

 

73.2

 

 

 

72.3

 

 

 

71.2

 

Dilutive options and awards

 

1.3

 

 

 

—

 

 

 

—

 

Diluted weighted average number of common shares outstanding

 

74.5

 

 

 

72.3

 

 

 

71.2

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

0.2

 

 

 

0.3

 

 

 

0.5

 

Restricted stock units

 

—

 

 

 

1.1

 

 

 

1.0

 

Total

 

0.2

 

 

 

1.4

 

 

 

1.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends declared per common share

$

—

 

 

$

0.03

 

 

$

0.12