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Earnings Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table shows how earnings (loss) per share attributable to Unisys Corporation was computed for the three months ended March 31, 2018 and 2017 (shares in thousands):
 
 
Three Months Ended March 31,
 
 
2018
 
2017
Basic earnings (loss) per common share computation:
 
 
 
 
Net income (loss) attributable to Unisys Corporation
 
$
40.6

 
$
(32.7
)
Weighted average shares
 
50,748

 
50,256

Basic earnings (loss) per common share
 
$
0.80

 
$
(0.65
)
Diluted earnings (loss) per common share computation:
 
 
 
 
Net income (loss) attributable to Unisys Corporation
 
$
40.6

 
$
(32.7
)
Add interest expense on convertible senior notes, net of tax of zero
 
4.8

 

Net income (loss) attributable to Unisys Corporation for diluted earnings per share
 
$
45.4

 
$
(32.7
)
Weighted average shares
 
50,748

 
50,256

Plus incremental shares from assumed conversions:
 
 
 
 
Employee stock plans
 
327

 

Convertible senior notes
 
21,868

 

Adjusted weighted average shares
 
72,943

 
50,256

Diluted earnings (loss) per common share
 
$
0.62

 
$
(0.65
)
 
 
 
 
 
Anti-dilutive weighted-average stock options and restricted stock units(i)
 
2,044

 
2,355

Anti-dilutive weighted-average common shares issuable upon conversion of the 5.50% convertible senior notes(i)
 

 
21,868

(i) 
Amounts represent shares excluded from the computation of diluted earnings per share, as their effect, if included, would have been anti-dilutive for the periods presented.