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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
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

 

 

Three Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2024

 

 

2023

 

Basic and diluted (net loss) earnings per share:

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

Net Income (Loss) From Continuing Operations

 

$

 

(121

)

 

 $

 

(84

)

Less: Net loss attributable to noncontrolling interest

 

 

 

2

 

 

 

 

6

 

Net Income (loss) from continuing operations attributable to Alight, Inc.

 

$

 

(119

)

 

 $

 

(78

)

Net Income (Loss) From Discontinued Operations, Net of Tax

 

 

 

5

 

 

 

 

10

 

Net Income (Loss) Attributable to Alight, Inc. - basic

 

$

 

(114

)

 

 $

 

(68

)

Loss impact of conversion of noncontrolling interest

 

 

 

(1

)

 

 

 

 

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

 

$

 

(115

)

 

 $

 

(68

)

Denominator

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic

 

 

 

540,780,315

 

 

 

 

476,145,761

 

Dilutive effect of the exchange of noncontrolling interest units

 

 

 

1,189,156

 

 

 

 

 

Weighted-average shares outstanding - diluted

 

 

 

541,969,471

 

 

 

 

476,145,761

 

Basic (net loss) earnings per share

 

 

 

 

 

 

 

 

Continuing operations

 

$

 

(0.22

)

 

 $

 

(0.16

)

Discontinued operations

 

$

 

0.01

 

 

 $

 

0.02

 

Net Income (Loss)

 

$

 

(0.21

)

 

 $

 

(0.14

)

Diluted (net loss) earnings per share

 

 

 

 

 

 

 

 

Continuing operations

 

$

 

(0.22

)

 

 $

 

(0.16

)

Discontinued operations

 

$

 

0.01

 

 

 $

 

0.02

 

Net Income (Loss)

 

$

 

(0.21

)

 

 $

 

(0.14

)