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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Common Share

2. Earnings per common share

The following table shows how the earnings per common share attributable to Unisys Corporation were computed for the three years ended December 31, 2013.

 

Year ended December 31 (millions, except per share data)   2013     2012     2011  

Basic earnings per common share computation

      

Net income attributable to Unisys Corporation common stockholders

   $ 92.3      $ 129.4      $ 120.5   

Weighted average shares (thousands)

     43,899        43,864        43,145   

Basic earnings per common share

   $ 2.10      $ 2.95      $ 2.79   

Diluted earnings per common share computation

                        

Net income attributable to Unisys Corporation common stockholders

   $ 92.3      $ 129.4      $ 120.5   

Add preferred stock dividends

     –            16.2        13.5   

Net income attributable to Unisys Corporation for diluted earnings per share

   $ 92.3      $ 145.6      $ 134.0   

Weighted average shares (thousands)

     43,899        43,864        43,145   

Plus incremental shares from assumed conversions

                        

Employee stock plans

     448        439        553   

Preferred stock

     –            6,913        5,780   

Adjusted weighted average shares

     44,347        51,216        49,478   

Diluted earnings per common share

   $ 2.08      $ 2.84      $ 2.71   

In 2013, 2012 and 2011, the following weighted-average number of stock options and restricted stock units were antidilutive and therefore excluded from the computation of diluted earnings per common share (in thousands): 2,142; 2,261; and 2,119, respectively. In 2013, 6,913 (in thousands) of weighted-average mandatory convertible preferred stock were antidilutive and therefore excluded from the computation of diluted earnings per share.