XML 32 R20.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Net Earnings (Loss) per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Earnings (Loss) per Share Net Earnings (Loss) per Share
The basic weighted average shares and common stock equivalents for the three months ended March 31, 2024 and 2023, were computed using the treasury stock method.

The following table summarizes net earnings and net earnings per share attributable to FIS common stockholders for the three months ended March 31, 2024 and 2023 (in millions, except per share amounts):
 Three months ended March 31,
 20242023
Net earnings (loss) from continuing operations attributable to FIS common stockholders$17 $96 
Net earnings (loss) from discontinued operations attributable to FIS common stockholders707 44 
Net earnings (loss) attributable to FIS common stockholders$724 $140 
Weighted average shares outstanding-basic576 592 
Plus: Common stock equivalent shares
Weighted average shares outstanding-diluted578 593 
Net earnings (loss) per share-basic from continuing operations attributable to FIS common stockholders$0.03 $0.16 
Net earnings (loss) per share-basic from discontinued operations attributable to FIS common stockholders1.23 0.07 
Net earnings (loss) per share-basic attributable to FIS common stockholders$1.26 $0.24 
Net earnings (loss) per share-diluted from continuing operations attributable to FIS common stockholders$0.03 $0.16 
Net earnings (loss) per share-diluted from discontinued operations attributable to FIS common stockholders1.22 0.07 
Net earnings (loss) per share-diluted attributable to FIS common stockholders$1.25 $0.24 
During the three months ended March 31, 2024 and 2023, options to purchase approximately 8 million and 9 million shares, respectively, of our common stock were not included in the computation of diluted earnings per share because they were anti-dilutive.

In January 2021, our Board of Directors approved a 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 repurchase program has no expiration date and may be suspended for periods, amended or discontinued at any time. Approximately 34 million shares remained available for repurchase as of March 31, 2024.