XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net Earnings per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Net Earnings per Share
Net Earnings per Share

The basic weighted average shares and common stock equivalents for the three months ended March 31, 2018 and 2017 are computed using the treasury stock method.

The following table summarizes the earnings per share attributable to FIS common stockholders for the three months ended March 31, 2018 and 2017 (in millions, except per share amounts):

 
Three months ended
March 31,
 
2018
 
2017
Net earnings attributable to FIS common stockholders
$
182

 
$
129

Weighted average shares outstanding — basic
330

 
328

Plus: Common stock equivalent shares
4

 
5

Weighted average shares outstanding — diluted
334

 
333

Net earnings per share — basic attributable to FIS common stockholders
$
0.55

 
$
0.39

Net earnings per share — diluted attributable to FIS common stockholders
$
0.54

 
$
0.39


Options to purchase less than 1 million and 1 million shares of our common stock for the three months ended March 31, 2018 and 2017, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.

On July 20, 2017 our Board of Directors approved a plan authorizing repurchases of up to $4.0 billion of our outstanding common stock in the open market at prevailing market prices or in privately negotiated transactions through December 31, 2020.  This share repurchase authorization replaced any existing share repurchase authorization.