Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per ShareBasic 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 June 30,				Six months ended June 30,
	2023		2022		2023		2022
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(19.4)	$	(1.8)	$	(53.1)	$	(33.1)
Weighted average number of shares outstanding-basic	430,471,647		429,137,384		430,030,614		428,959,588
Weighted average number of shares outstanding-diluted (1)	430,471,647		429,137,384		430,030,614		428,959,588
Earnings (loss) per share of common stock attributable to Dun & Bradstreet Holdings, Inc.:
Basic	$	(0.04)	$	—	$	(0.12)	$	(0.08)
Diluted	$	(0.04)	$	—	$	(0.12)	$	(0.08)

(1)The weighted average number of shares outstanding used in the computation of diluted earnings per share for the three and six months ended June 30, 2023 excludes the effect of 11.7 million and 11.8 million, respectively, of potentially issuable common shares, that are anti-dilutive to the diluted earnings per share computation. The weighted average number of shares outstanding used in the computation of diluted earnings per share for the effect of the three and six months ended June 30, 2022 excludes the effect of 7.8 million and 7.8 million, respectively, of potentially issuable common shares, that are anti-dilutive to the diluted earnings per share computation.

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
Shares issued for the three months ended June 30, 2023	39,965	N/A	39,965
Shares forfeited for the three months ended June 30, 2023	(165,514)	N/A	(165,514)
Shares as of June 30, 2023	440,118,975	(886,920)	439,232,055

(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.

The following dividends were declared by our Board of Directors and subsequently paid during the six months ended June 30, 2023:

Declaration Date	Record Date	Payment Date	Dividends Per Share
February 9, 2023	March 2, 2023	March 16, 2023	$	0.05
April 26, 2023	June 1, 2023	June 15, 2023	$	0.05

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