Earnings per Share

9 Months Ended

Sep. 30, 2013

Earnings per Share

a. Earnings per Share. The following table shows how earnings per common share attributable to Unisys Corporation was computed for the three and nine months ended September 30, 2013 and 2012 (dollars in millions, shares in thousands):

	Three Months Ended Sept. 30,						Nine Months Ended Sept. 30,
	2013			2012			2013			2012
Basic Earnings (Loss) Per Common Share
Net income (loss) attributable to Unisys Corporation common shareholders	$	(11.6	)	$	(12.4	)	$	(25.1	)	$	47.6
Weighted average shares		43,811			43,966			43,883			43,827
Total	$	(.26	)	$	(.28	)	$	(.57	)	$	1.09
Diluted Earnings (Loss) Per Common Share
Net income (loss) attributable to Unisys Corporation common shareholders	$	(11.6	)	$	(12.4	)	$	(25.1	)	$	47.6
Add preferred stock dividends		—			—			—			—
Net income (loss) attributable to Unisys Corporation for diluted earnings per share	$	(11.6	)	$	(12.4	)	$	(25.1	)	$	47.6
Weighted average shares		43,811			43,966			43,883			43,827
Plus incremental shares from assumed conversions
Employee stock plans		—			—			—			446
Preferred stock		—			—			—			—
Adjusted weighted average shares		43,811			43,966			43,883			44,273
Total	$	(.26	)	$	(.28	)	$	(.57	)	$	1.08

In the nine months ended September 30, 2013 and 2012, 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): 3,264 and 2,148, respectively. In the nine months ended September 30, 2013 and 2012, 6,913 (in thousands) of weighted-average mandatory convertible preferred stock were antidilutive and therefore excluded from the computation of diluted earnings per share in both periods.