Earnings Per Share

Basic earnings per share is calculated by dividing net income attributable to Visteon by the weighted average number of shares of common stock outstanding. Diluted earnings per share is computed by dividing net income by the weighted average number of common and potentially dilutive common shares outstanding. Performance based share units are considered contingently issuable shares, and are included in the computation of diluted earnings per share based on the number of shares that would be issuable if the reporting date were the end of the contingency period and if the result would be dilutive.

The table below provides details underlying the calculations of basic and diluted earnings per share:



	Three Months Ended June 30					Six Months Ended June 30
	2018			2017		2018		2017
	(In Millions, Except Per Share Amounts)
Numerator:
Net income from continuing operations attributable to Visteon	$	36		$	45	$	99	$	100
Net (loss) income from discontinued operations attributable to Visteon	(1		)	—		1		8
Net income attributable to Visteon	$	35		$	45	$	100	$	108
Denominator:
Average common stock outstanding - basic	29.6			31.5		30.1		32.1
Dilutive effect of performance based share units and other	0.3			0.5		0.3		0.5
Diluted shares	29.9			32.0		30.4		32.6
Basic and Diluted Per Share Data:
Basic earnings (loss) per share attributable to Visteon:
Continuing operations	$	1.22		$	1.43	$	3.29	$	3.12
Discontinued operations	(0.03		)	—		0.03		0.25
	$	1.19		$	1.43	$	3.32	$	3.37
Diluted earnings (loss) per share attributable to Visteon:
Continuing operations	$	1.20		$	1.41	$	3.26	$	3.07
Discontinued operations	(0.03		)	—		0.03		0.24
	$	1.17		$	1.41	$	3.29	$	3.31