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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Basic and Diluted (Net Loss) Earnings Per Share

Basic and diluted (net loss) earnings per share are as follows (in millions, except for share and per share amounts):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

Three Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2022

 

 

2021

 

Basic and diluted (net loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to Alight, Inc. - basic

 

$

 

(37

)

 

$

 

3

 

 

$

 

(107

)

Loss impact of conversion of noncontrolling interest

 

 

 

 

 

 

 

(1

)

 

 

 

 

Net (loss) income attributable to Alight, Inc. - diluted

 

$

 

(37

)

 

$

 

2

 

 

 

 

(107

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic

 

 

 

457,904,703

 

 

 

 

457,535,329

 

 

 

 

438,968,920

 

Dilutive effect of the exchange of noncontrolling interest units

 

 

 

 

 

 

 

75,800,317

 

 

 

 

 

Dilutive effect of RSUs

 

 

 

 

 

 

 

770,953

 

 

 

 

 

Weighted-average shares outstanding - diluted

 

 

 

457,904,703

 

 

 

 

534,106,599

 

 

 

 

438,968,920

 

Basic (net loss) earnings per share

 

$

 

(0.08

)

 

$

 

0.01

 

 

$

 

(0.24

)

Diluted (net loss) earnings per share

 

$

 

(0.08

)

 

$

 

0.00

 

 

$

 

(0.24

)