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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table shows how earnings per share attributable to Unisys Corporation was computed for the three months ended March 31, 2020 and 2019 (shares in thousands):
 
 
Three Months Ended
March 31,
 
 
2020
 
2019
Basic earnings (loss) per common share computation:
 
 
 
 
Net loss from continuing operations attributable to Unisys Corporation
 
$
(53.2
)
 
$
(32.7
)
Income from discontinued operations, net of tax
 
1,068.5

 
13.3

Net income (loss) attributable to Unisys Corporation
 
$
1,015.3

 
$
(19.4
)
 
 
 
 
 
Weighted average shares
 
62,650

 
51,418

 
 
 
 
 
Basic earnings (loss) per share attributable to Unisys Corporation
 
 
 
 
Continuing operations
 
$
(0.85
)
 
$
(0.64
)
Discontinued operations
 
17.06

 
0.26

Total
 
$
16.21

 
$
(0.38
)
 
 
 
 
 
Diluted earnings (loss) per common share computation:
 
 
 
 
Net loss from continuing operations attributable to Unisys Corporation
 
$
(53.2
)
 
$
(32.7
)
Add interest expense on convertible senior notes, net of tax of zero
 

 

Net loss from continuing operations attributable to Unisys Corporation for diluted earnings per share
 
(53.2
)
 
(32.7
)
Income from discontinued operations, net of tax
 
1,068.5

 
13.3

Net loss attributable to Unisys Corporation for diluted earnings per share
 
$
1,015.3

 
$
(19.4
)
 
 
 
 
 
Weighted average shares
 
62,650

 
51,418

Plus incremental shares from assumed conversions:
 
 
 
 
Employee stock plans
 

 

Convertible senior notes
 

 

Adjusted weighted average shares
 
62,650

 
51,418

 
 
 
 
 
Diluted earnings (loss) per share attributable to Unisys Corporation
 
 
 
 
Continuing operations
 
$
(0.85
)
 
$
(0.64
)
Discontinued operations
 
17.06

 
0.26

Total
 
$
16.21

 
$
(0.38
)
 
 
 
 
 
Anti-dilutive weighted-average stock options and restricted stock units(i)
 
875

 
1,401

Anti-dilutive weighted-average common shares issuable upon conversion of the 5.50% convertible senior notes(i)
 
8,625

 
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.