Earnings Per Share

6 Months Ended

Jun. 30, 2016

Earnings Per Share.

The following table shows how the Net income (loss) per share attributable to Unisys Corporation was computed for the three and six months ended June 30, 2016 and 2015 (shares in thousands):



	Three Months Ended June 30,					Six Months Ended June 30,
	2016		2015			2016			2015
Basic Earnings (Loss) Per Share
Net income (loss) attributable to Unisys Corporation	$	21.6	$	(58.2	)	$	(18.3	)	$	(101.4	)
Weighted average shares	50,069		49,927			50,036			49,874
Total	$	0.43	$	(1.17	)	$	(0.37	)	$	(2.03	)
Diluted Earnings (Loss) Per Share
Net income (loss) attributable to Unisys Corporation	$	21.6	$	(58.2	)	$	(18.3	)	$	(101.4	)
Add interest expense on convertible notes, net of tax of zero	4.5		—			—			—
Net income (loss) attributable to Unisys Corporation for diluted earnings per share	$	26.1	$	(58.2	)	$	(18.3	)	$	(101.4	)
Weighted average shares	50,069		49,927			50,036			49,874
Plus incremental shares from assumed conversions:
Employee stock plans	167		—			—			—
Convertible notes	21,550		—			—			—
Adjusted weighted average shares	71,786		49,927			50,036			49,874
Total	$	0.36	$	(1.17	)	$	(0.37	)	$	(2.03	)

In the six months ended June 30, 2016 and 2015, the following weighted-average number of stock options and restricted stock units were antidilutive and therefore excluded from the computation of diluted earnings per share (in thousands): 3,684 and 3,358, respectively. In the six months ended June 30, 2016, the following weighted-average number of common shares issuable upon conversion of the 5.50% Convertible Senior Notes due 2021 were antidilutive and therefore excluded from the computation of diluted earnings per share (in thousands): 12,593.