XML 46 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2021
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 nine months ended September 30, 2021 and 2020 were as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

 

2021

 

 

 

2020

 

Basic net earnings (loss) per share attributable to RRD common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.39

 

 

$

(0.13

)

 

$

0.23

 

 

$

(0.83

)

Discontinued operations

 

$

—

 

 

$

0.01

 

 

$

0.01

 

 

$

(0.27

)

Net earnings (loss) attributable to RR Donnelley stockholders

 

$

0.39

 

 

$

(0.12

)

 

$

0.24

 

 

$

(1.10

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net earnings (loss) per share attributable to RRD common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.38

 

 

$

(0.13

)

 

$

0.23

 

 

$

(0.83

)

Discontinued operations

 

$

—

 

 

$

0.01

 

 

$

0.01

 

 

$

(0.27

)

Net earnings (loss) attributable to RR Donnelley stockholders

 

$

0.38

 

 

$

(0.12

)

 

$

0.24

 

 

$

(1.10

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to RRD common stockholders - continuing operations

 

$

28.3

 

 

$

(9.3

)

 

$

17.0

 

 

$

(59.6

)

Net earnings (loss) from discontinued operations, net of income taxes

 

 

—

 

 

 

0.4

 

 

 

0.6

 

 

 

(19.5

)

Net earnings (loss) attributable to RRD common stockholders

 

$

28.3

 

 

$

(8.9

)

 

$

17.6

 

 

$

(79.1

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

 

73.4

 

 

 

72.4

 

 

 

73.1

 

 

 

72.1

 

Dilutive options and awards

 

 

0.7

 

 

 

—

 

 

 

0.9

 

 

 

—

 

Diluted weighted average number of common shares outstanding

 

 

74.1

 

 

 

72.4

 

 

 

74.0

 

 

 

72.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

0.2

 

 

 

0.3

 

 

 

0.2

 

 

 

0.3

 

Restricted stock units

 

 

—

 

 

 

1.5

 

 

 

—

 

 

 

1.1

 

Total

 

 

0.2

 

 

 

1.8

 

 

 

0.2

 

 

 

1.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends declared per common share

 

$

—

 

 

$

—

 

 

$

—

 

 

$

0.03