Earnings per Share

9 Months Ended

Sep. 30, 2015

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, 2015 and 2014 (dollars in millions, shares in thousands):

	Three Months Ended Sept. 30,					Nine Months Ended Sept. 30,
	2015			2014		2015			2014
Basic Earnings (Loss) Per Common Share
Net income (loss) attributable to Unisys Corporation common shareholders	$	(9.6	)	$	47.8	$	(111.0	)	$	(17.8	)
Weighted average shares		49,934			50,245		49,894			49,144
Total	$	(.19	)	$	.95	$	(2.22	)	$	(.36	)
Diluted Earnings (Loss) Per Common Share
Net income (loss) attributable to Unisys Corporation common shareholders	$	(9.6	)	$	47.8	$	(111.0	)	$	(17.8	)
Add preferred stock dividends		—			—		—			—
Net income (loss) attributable to Unisys Corporation for diluted earnings per share	$	(9.6	)	$	47.8	$	(111.0	)	$	(17.8	)
Weighted average shares		49,934			50,245		49,894			49,144
Plus incremental shares from assumed conversions
Employee stock plans		—			177		—			—
Preferred stock		—			—		—			—
Adjusted weighted average shares		49,934			50,422		49,894			49,144
Total	$	(.19	)	$	.95	$	(2.22	)	$	(.36	)

In the nine months ended September 30, 2015 and 2014, 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): 3,319 and 3,318, respectively. In the nine months ended September 30, 2014, 585 (in thousands) of weighted-average mandatory convertible preferred stock were antidilutive and therefore excluded from the computation of diluted earnings per share.