XML 30 R19.htm IDEA: XBRL DOCUMENT v3.22.2
Net Earnings (Loss) per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Earnings (Loss) per Share Net Earnings (Loss) per ShareThe basic weighted average shares and common stock equivalents for the three and six months ended June 30, 2022 and 2021, were computed using the treasury stock method.
The following table summarizes net earnings (loss) and net earnings (loss) per share attributable to FIS common stockholders for the three and six months ended June 30, 2022 and 2021 (in millions, except per share amounts):
 Three months ended June 30,Six months ended June 30,
 2022202120222021
Net earnings (loss) attributable to FIS common stockholders$277 $341 $397 $(32)
Weighted average shares outstanding-basic608 619 609 620 
Plus: Common stock equivalent shares3 5 3 — 
Weighted average shares outstanding-diluted611 624 612 620 
Net earnings (loss) per share-basic attributable to FIS common stockholders$0.46 $0.55 $0.65 $(0.05)
Net earnings (loss) per share-diluted attributable to FIS common stockholders$0.45 $0.55 $0.65 $(0.05)

The diluted net loss per share for the six months ended June 30, 2021, did not include the effect of common stock equivalent shares of 5 million because the effect would have been anti-dilutive. Options to purchase approximately 5 million and 1 million shares of our common stock for the three months and 5 million and 1 million for the six months ended June 30, 2022 and 2021, respectively, were not included in the computation of diluted earnings (loss) per share because they were anti-dilutive.
In January 2021, our Board of Directors approved a new share repurchase program under which it authorized the Company to repurchase up to 100 million shares of our common stock at management's discretion from time to time on the open market or in privately negotiated transactions and through Rule 10b5-1 plans. The new repurchase program has no expiration date and may be suspended for periods, amended or discontinued at any time. Under the new share repurchase program, approximately 83 million shares remain available for repurchase as of June 30, 2022.