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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings per Share

The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation and the anti-dilutive share-based awards for the three and six months ended June 30, 2018 and 2017 were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

 

2018

 

 

 

2017

 

Net (loss) income per share attributable to RRD common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.18

)

 

$

1.09

 

 

$

(0.32

)

 

$

0.38

 

Diluted

 

$

(0.18

)

 

$

1.09

 

 

$

(0.32

)

 

$

0.38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to RRD common stockholders

 

$

(13.0

)

 

$

76.5

 

 

$

(22.6

)

 

$

26.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

 

70.6

 

 

 

70.1

 

 

 

70.5

 

 

 

70.1

 

Dilutive options and awards

 

 

—

 

 

 

0.1

 

 

 

—

 

 

 

0.2

 

Diluted weighted average number of common shares outstanding

 

 

70.6

 

 

 

70.2

 

 

 

70.5

 

 

 

70.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of anti-dilutive share-based awards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

0.8

 

 

 

0.9

 

 

 

0.9

 

 

 

1.1

 

Restricted stock units

 

 

0.8

 

 

 

1.1

 

 

 

0.9

 

 

 

0.3

 

Total

 

 

1.6

 

 

 

2.0

 

 

 

1.8

 

 

 

1.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends declared per common share

 

$

0.14

 

 

$

0.14

 

 

$

0.28

 

 

$

0.28