Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Computation of Earnings Per Common Share Attributable to Unisys Corporation

The following table shows how earnings per share attributable to Unisys Corporation was computed for the three and six months ended June 30, 2019 and 2018 (shares in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Basic earnings per common share computation:
Net income attributable to Unisys Corporation	$	26.2	$	3.8	$	6.8	$	44.4
Weighted average shares	51,782		50,986		51,600		50,867
Basic earnings per common share	$	0.51	$	0.07	$	0.13	$	0.87
Diluted earnings per common share computation:
Net income attributable to Unisys Corporation	$	26.2	$	3.8	$	6.8	$	44.4
Add interest expense on convertible senior notes, net of tax of zero	5.0		—		—		9.7
Net income attributable to Unisys Corporation for diluted earnings per share	$	31.2	$	3.8	$	6.8	$	54.1
Weighted average shares	51,782		50,986		51,600		50,867
Plus incremental shares from assumed conversions:
Employee stock plans	328		412		422		370
Convertible senior notes	21,868		—		—		21,868
Adjusted weighted average shares	73,978		51,398		52,022		73,105
Diluted earnings per common share	$	0.42	$	0.07	$	0.13	$	0.74

Anti-dilutive weighted-average stock options and restricted stock units⁽ⁱ⁾	1,572		1,430		1,360		1,562
Anti-dilutive weighted-average common shares issuable upon conversion of the 5.50% convertible senior notes⁽ⁱ⁾	—		21,868		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.