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Earnings Per Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

a. Earnings per Share. The following table shows how earnings (loss) per common share attributable to Unisys Corporation was computed for the three months ended March 31, 2012 and 2011 (dollars in millions, shares in thousands):

 

     Three Months Ended March 31,  
     2012      2011  

Basic Earnings (Loss) Per Common Share

     

Net income (loss) attributable to Unisys Corporation common shareholders

   $ 13.4       $ (40.8
  

 

 

    

 

 

 

Weighted average shares

     43,611         42,836   
  

 

 

    

 

 

 

Total

   $ .31       $ (.95
  

 

 

    

 

 

 

Diluted Earnings (Loss) Per Common Share

     

Net income (loss) attributable to Unisys Corporation common shareholders

   $ 13.4       $ (40.8

Add preferred stock dividends

               
  

 

 

    

 

 

 

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

   $ 13.4       $ (40.8
  

 

 

    

 

 

 

Weighted average shares

     43,611         42,836   

Plus incremental shares from assumed conversions

     

Employee stock plans

     452         —     

Preferred stock

     —           —     
  

 

 

    

 

 

 

Adjusted weighted average shares

     44,063         42,836   
  

 

 

    

 

 

 

Total

   $ .30       $ (.95
  

 

 

    

 

 

 

 

In the three months ended March 31, 2012 and 2011, the following weighted-average number of stock options and restricted stock units were antidilutive and therefore excluded from the computation of diluted earnings per share (in thousands): 2,145 and 3,384, respectively. In the three months ended March 31, 2012, the following weighted-average number of mandatory convertible preferred stock were antidilutive and therefore excluded from the computation of diluted earnings per share (in thousands): 2,588.