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Earnings per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per share is calculated by dividing net income by the weighted average number of shares outstanding during the reported period. The calculation of diluted earnings per share is similar to basic earnings per share, except that the weighted average number of shares outstanding includes the dilution from potential shares resulting from stock options, restricted stock awards and other stock awards. The components of basic and diluted earnings per share are as follows:
 Three Months Ended
June 30,		Six Months Ended June 30,
In millions, except per share amounts2022202120222021
Net (loss) income attributable to common stockholders$(4)$44 $32 $97 
Weighted average outstanding shares of common stock103.5 109.0 104.2 108.9 
Dilutive effect of employee stock options, restricted stock and other stock awards— 3.7 2.9 3.8 
Common stock and common stock equivalents103.5 112.7 107.1 112.7 
Net (loss) income per share:
Basic$(0.04)$0.40 $0.31 $0.89 
Diluted$(0.04)$0.39 $0.30 $0.86 
For the three months ended June 30, 2022, due to the net loss attributable to Teradata common stockholders, common shares that otherwise potentially would cause dilution, such as employee stock options, restricted shares and other stock awards, have been excluded from the diluted share count because their effect would have been anti-dilutive. The fully diluted shares would have been 105.6 million for the three months ended June 30, 2022.
Options to purchase 0.4 million shares and 0.4 million shares of common stock for the three and six months ended June 30, 2022 and 0.2 million shares and 0.6 million shares of common stock for the three and six months ended June 30, 2021 were not included in the computation of diluted earnings per share because the exercise prices of these options were greater than the average market price of the common shares for the period, and therefore would have been anti-dilutive.
Accelerated Share Repurchase Agreement ("ASR")
On February 9, 2022 Teradata entered into an ASR agreement with JPMorgan Chase Bank, National Association ("JPMorgan Chase") to purchase shares of its common stock from JPMorgan Chase for an aggregate purchase price of $250 million. Pursuant to the ASR, the Company received an initial delivery of 3,930,045 shares of common stock based on the $50.89 closing price of the common stock on February 8, 2022. A final delivery of 1,635,863 shares was received on May 6, 2022 to complete the ASR agreement.