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Earnings Per Share | 9 Months Ended
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Sep. 30, 2021
Earnings Per Share [Abstract] |
Earnings Per Share | 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 calculated 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 September 30, |  | Nine Months Ended September 30,
(In millions, except per share amounts) | 2021 |  | 2020 |  | 2021 |  | 2020
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Visteon | $ | 5 |  |  | $ | 6 |  |  | $ | 10 |  |  | $ | (74) |
Denominator: |  |  |  |  |  |  |
Average common stock outstanding - basic | 28.0 |  |  | 27.8 |  |  | 27.9 |  |  | 27.9 |
Dilutive effect of performance based share units and other | 0.4 |  |  | 0.2 |  |  | 0.4 |  |  | — |
Diluted shares | 28.4 |  |  | 28.0 |  |  | 28.3 |  |  | 27.9 |
Basic and Diluted Per Share Data: |  |  |  |  |  |  |
Basic earnings (loss) per share attributable to Visteon | $ | 0.18 |  |  | $ | 0.22 |  |  | $ | 0.36 |  |  | $ | (2.65) |
Diluted earnings (loss) per share attributable to Visteon: | $ | 0.18 |  |  | $ | 0.21 |  |  | $ | 0.35 |  |  | $ | (2.65) |
Performance based share units of approximately 181,000 were excluded from the calculation of diluted loss per share because the effect of including them would have been anti-dilutive for the nine months ended September 30, 2020.

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