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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales        
Net sales $ 939.7 $ 922.2 $ 1,835.1 $ 1,780.3
Cost of sales        
Total cost of sales 696.5 697.0 1,383.3 1,345.8
Gross profit 243.2 225.2 451.8 434.5
Selling and administrative expense 152.2 201.0 313.8 384.8
Research, development and engineering expense 22.1 25.4 46.3 51.8
Loss (gain) on sale of assets, net (1.8) 0.9 (2.8) 1.2
Impairment of assets 0.0 1.8 0.0 2.7
Total operating expense 172.5 229.1 357.3 440.5
Operating profit (loss) 70.7 (3.9) 94.5 (6.0)
Other income (expense)        
Interest income 3.0 3.3 7.2 5.0
Interest expense (38.6) (69.7) (82.2) (151.6)
Foreign exchange gain (loss), net 7.6 1.5 8.0 (9.1)
Reorganization items, net 0.0 (636.2) 0.0 (636.2)
Miscellaneous gain, net 2.6 3.5 3.6 6.1
Profit (loss) before taxes 45.3 (701.5) 31.1 (791.8)
Income tax expense (benefit) 32.0 (24.8) 28.9 (3.7)
Equity in earnings (loss) of unconsolidated subsidiaries, net 1.5 (0.6) (1.4) (0.7)
Net income (loss) 14.8 (677.3) 0.8 (788.8)
Net income (loss) attributable to noncontrolling interests (0.1) (0.2) 0.5 (0.6)
Net income (loss) attributable to Diebold Nixdorf, Incorporated $ 14.9 $ (677.1) $ 0.3 $ (788.2)
Basic, weighted-average shares outstanding (in shares) 37.6 80.0 37.6 79.7
Diluted, weighted-average shares outstanding (in shares) 37.7 80.0 37.6 79.7
Net income (loss) attributable to Diebold Nixdorf, Incorporated        
Basic earnings (loss) per share (in dollars per share) $ 0.40 $ (8.46) $ 0.01 $ (9.89)
Diluted earnings (loss) per share (in dollars per share) $ 0.40 $ (8.46) $ 0.01 $ (9.89)
Services        
Net sales        
Net sales $ 540.7 $ 538.0 $ 1,065.5 $ 1,054.4
Cost of sales        
Total cost of sales 398.0 388.1 806.7 751.1
Products        
Net sales        
Net sales 399.0 384.2 769.6 725.9
Cost of sales        
Total cost of sales $ 298.5 $ 308.9 $ 576.6 $ 594.7