Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

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:

	Three months ended March 31,
	2023		2022
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(33.7)	$	(31.3)
Weighted average number of shares outstanding-basic	429,584,681		428,779,816
Weighted average number of shares outstanding-diluted (1)	429,584,681		428,779,816
Earnings (loss) per share of common stock:
Basic	$	(0.08)	$	(0.07)
Diluted	$	(0.08)	$	(0.07)

(1)The weighted average number of shares outstanding used in the computation of diluted earnings per share for the three months ended March 31, 2023 and 2022, excludes the effect of $11.7 million and $7.7 million potentially issuable common shares, that are anti-dilutive to the diluted earnings per share computation, respectively.

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

	Common Shares	Treasury Shares (1)	Common Shares Outstanding
Shares as of December 31, 2022	436,604,447	(886,920)	435,717,527
Shares issued for the three months ended March 31, 2023	4,278,981	N/A	4,278,981
Shares forfeited for the three months ended March 31, 2023 (2)	(638,904)	N/A	(638,904)
Shares as of March 31, 2023	440,244,524	(886,920)	439,357,604

(1)Primarily related to the forfeiture of unvested incentive units granted prior to the IPO under the Incentive Units Program of Star Parent, L.P.

(2)Includes shares surrendered related to payroll tax withheld for the vested restricted shares.

Our Board of Directors declared the following dividend during the three months ended March 31, 2023:

Declaration Date	Record Date	Payment Date	Dividends Per Share
February 9, 2023	March 2, 2023	March 16, 2023	$	0.05

Dividends accrued for restricted shares are contingent and payable upon vesting of the underlying restricted shares.