Earnings Per Common Share

12 Months Ended

Dec. 31, 2014

Earnings Per Common Share

2. Earnings per common share

The following table shows how the earnings per common share attributable to Unisys Corporation were computed for the three years ended December 31, 2014.

Year ended December 31 (millions, except per share data)	2014		2013		2012
Basic earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$	44.0	$	92.3	$	129.4
Weighted average shares (thousands)		49,280		43,899		43,864
Basic earnings per common share	$	.89	$	2.10	$	2.95
Diluted earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$	44.0	$	92.3	$	129.4
Add preferred stock dividends		–		–		16.2
Net income attributable to Unisys Corporation for diluted earnings per share	$	44.0	$	92.3	$	145.6
Weighted average shares (thousands)		49,280		43,899		43,864
Plus incremental shares from assumed conversions
Employee stock plans		304		448		439
Preferred stock		–		–		6,913
Adjusted weighted average shares		49,584		44,347		51,216
Diluted earnings per common share	$	.89	$	2.08	$	2.84

In 2014, 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 common share (in thousands): 1,929; 2,142; and 2,261, respectively. In 2014 and 2013, the following weighted-average mandatory convertible preferred stock was antidilutive and therefore excluded from the computation of diluted earnings per share (in thousands): 1,171 and 6,913, respectively.