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Net Income (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Numerators and Denominators of Basic and Diluted Net Income (Loss) per Share Computations

The numerators and denominators of the basic and diluted net income (loss) per share computations are calculated as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

 

 

 

 

 

 

*As Adjusted

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Ceridian

 

$

11.2

 

 

$

0.6

 

Less: Loss from discontinued operations

 

 

 

 

 

(2.1

)

Net income from continuing operations attributable to Ceridian

 

 

11.2

 

 

 

2.7

 

Less: Senior Preferred Stock dividends declared

 

 

 

 

 

5.3

 

Net income (loss) from continuing operations attributable to Ceridian available

   to common stockholders

 

$

11.2

 

 

$

(2.6

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic

 

 

140,149,271

 

 

 

65,314,462

 

Effect of dilutive equity instruments

 

 

6,892,957

 

 

 

 

Weighted-average shares outstanding - diluted

 

 

147,042,228

 

 

 

65,314,462

 

Net income (loss) per share from continuing operations attributable to

   Ceridian - basic

 

$

0.08

 

 

$

(0.04

)

Net loss per share from discontinued operations - basic

 

$

 

 

$

(0.03

)

Net income (loss) per share attributable to Ceridian - basic

 

$

0.08

 

 

$

(0.07

)

Net income (loss) per share from continuing operations attributable to

   Ceridian - diluted

 

$

0.08

 

 

$

(0.04

)

Net loss per share from discontinued operations - diluted

 

$

 

 

$

(0.03

)

Net income (loss) per share attributable to Ceridian - diluted

 

$

0.08

 

 

$

(0.07

)

Schedule of Potentially Dilutive Weighted Average Shares Excluded from Calculation of Diluted Net Income (Loss) per Share

The following potentially dilutive weighted-average shares were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive:

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Senior convertible preferred stock

 

 

 

 

 

16,802,144

 

Junior convertible preferred stock

 

 

 

 

 

58,244,308

 

Stock options

 

 

1,059,230

 

 

 

12,055,839

 

Restricted stock units

 

 

 

 

 

581,440