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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
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 nine months ended September 30, 2019 and 2018 (shares in thousands):
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2019
 
2018
 
2019
 
2018
Basic earnings (loss) per common share computation:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Unisys Corporation
 
$
(13.2
)
 
$
6.1

 
$
(6.4
)
 
$
50.5

Weighted average shares
 
58,245

 
51,021

 
53,815

 
50,918

Basic earnings (loss) per common share
 
$
(0.23
)
 
$
0.12

 
$
(0.12
)
 
$
0.99

Diluted earnings (loss) per common share computation:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Unisys Corporation
 
$
(13.2
)
 
$
6.1

 
$
(6.4
)
 
$
50.5

Add interest expense on convertible senior notes, net of tax of zero
 

 

 

 
14.6

Net income (loss) attributable to Unisys Corporation for diluted earnings per share
 
$
(13.2
)
 
$
6.1

 
$
(6.4
)
 
$
65.1

Weighted average shares
 
58,245

 
51,021

 
53,815

 
50,918

Plus incremental shares from assumed conversions:
 
 
 
 
 
 
 
 
Employee stock plans
 

 
697

 

 
479

Convertible senior notes
 

 

 

 
21,868

Adjusted weighted average shares
 
58,245

 
51,718

 
53,815

 
73,265

Diluted earnings (loss) per common share
 
$
(0.23
)
 
$
0.12

 
$
(0.12
)
 
$
0.89

 
 
 
 
 
 
 
 
 
Anti-dilutive weighted-average stock options and restricted stock units(i)
 
1,462

 
1,136

 
1,394

 
1,274

Anti-dilutive weighted-average common shares issuable upon conversion of the 5.50% convertible senior notes(i)
 
13,951

 
21,868

 
19,229

 

(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.