XML 61 R48.htm IDEA: XBRL DOCUMENT

Earnings Per Share Attributable to Quad Common Shareholders (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

Reconciliations of the numerator and the denominator of the basic and diluted per share computations for the Company’s common stock for the years ended December 31, 2021 and 2020, are summarized as follows:


	2021		2020
Numerator:
Net earnings (loss) from continuing operations	$	37.8	$	(106.6)
Less: net loss attributable to noncontrolling interests	—		(0.2)
Net earnings (loss) from continuing operations attributable to Quad common shareholders	37.8		(106.4)

Loss from discontinued operations, net of tax	—		(21.9)

Net earnings (loss) attributable to Quad common shareholders	$	37.8	$	(128.3)

Denominator:
Basic weighted average number of common shares outstanding for all classes of common stock	51.3		50.6
Plus: effect of dilutive equity incentive instruments	1.7		—
Diluted weighted average number of common shares outstanding for all classes of common shares	53.0		50.6

Earnings (loss) per share attributable to Quad common shareholders:
Basic:
Continuing operations	$	0.74	$	(2.10)
Discontinued operations	—		(0.43)
Basic earnings (loss) per share attributable to Quad common shareholders	$	0.74	$	(2.53)

Diluted:
Continuing operations	$	0.71	$	(2.10)
Discontinued operations	—		(0.43)
Diluted earnings (loss) per share attributable to Quad common shareholders	$	0.71	$	(2.53)

Cash dividends paid per common share for all classes of common shares	$	—	$	0.15