Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2021

Basic earnings (loss) per share is computed by dividing net income (loss) for the period by the weighted-average number of common shares outstanding during the period.

In periods when we report net income, diluted earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period plus the dilutive effect of our outstanding stock incentive awards. For periods when we report a net loss, diluted earnings per share is equal to basic earnings per share, as the impact of our outstanding stock incentive awards is considered to be antidilutive.

The following table sets forth the computation of basic and diluted earnings (loss) per share:


	Successor						Predecessor
	Year ended December 31, 2021		Year ended December 31, 2020		Period from January 1 to December 31, 2019		Period from January 1 to February 7, 2019
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc. (Successor) / The Dun & Bradstreet Corporation (Predecessor)	$	(71.7)	$	(180.6)	$	(674.1)	$	(75.6)

Weighted average number of shares outstanding-basic	428.7		367.1		314.5		37.2
Weighted average number of shares outstanding-diluted	428.7		367.1		314.5		37.2

Earnings (loss) per share of common stock:
Basic	$	(0.17)	$	(0.49)	$	(2.14)	$	(2.04)
Diluted	$	(0.17)	$	(0.49)	$	(2.14)	$	(2.04)

The weighted average number of shares outstanding used in the computation of diluted earnings per share excludes the effect of potentially issuable common shares totaling 1,092,148 shares and 179,870 shares for the years ended December 31, 2021 and 2020, respectively, and 1,548 shares for the period from January 1 to February 7, 2019 (Predecessor). These potentially issuable common shares were not included in the calculation of diluted earnings per share because their effect would be anti-dilutive.

Below is a reconciliation of our common stock issued and outstanding:



Common shares issued and outstanding as of December 31, 2019						314,494,968

Shares issued in connection with IPO and private placement						108,506,312
Issuance of restricted stock awards						416,851
Shares forfeited						—
Common shares issued as of December 31, 2020						423,418,131
Less: treasury shares						465,903
Common shares outstanding as of December 31, 2020						422,952,228

Common shares issued as of December 31, 2020						423,418,131
Shares issued						9,177,810
Shares forfeited						(524,942)
Common shares issued as of December 31, 2021						432,070,999
Less: treasury shares						873,217
Common shares outstanding as of December 31, 2021						431,197,782