Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

The components of basic earnings per share are as follows:


In millions, except per share amounts	Three months ended September 30				Nine months ended September 30
	2020		2019		2020		2019
Numerator:
Income from continuing operations	$	31	$	105	$	118	$	230
Dividends on Series A Convertible Preferred Stock	(6)		(12)		(19)		(37)
Deemed dividend on Series A Convertible Preferred Stock redemption	—		(67)		—		(67)
Income from continuing operations attributable to NCR common stockholders	25		26		99		126
Loss from discontinued operations, net of tax	—		(15)		—		(15)
Net income attributable to NCR common stockholders	$	25	$	11	$	99	$	111

Denominator:
Basic weighted average number of shares outstanding	128.5		121.4		128.2		120.3

Basic earnings per share:
From continuing operations	$	0.19	$	0.21	$	0.77	$	1.05
From discontinued operations	—		(0.12)		—		(0.13)
Total basic earnings per share	$	0.19	$	0.09	$	0.77	$	0.92

The components of diluted earnings per share are as follows:


In millions, except per share amounts	Three months ended September 30				Nine months ended September 30
	2020		2019		2020		2019
Numerator:
Income from continuing operations	$	31	$	105	$	118	$	230
Dividends on Series A Convertible Preferred Stock	(6)		(12)		(19)		(37)
Deemed dividend on Series A Convertible Preferred Stock redemption	—		(67)		—		(67)
Income from continuing operations attributable to NCR common stockholders	25		26		99		126
Loss from discontinued operations, net of tax	—		(15)		—		(15)
Net income attributable to NCR common stockholders	$	25	$	11	$	99	$	111

Denominator:
Basic weighted average number of shares outstanding	128.5		121.4		128.2		120.3

Dilutive effect of as-if converted Series A Convertible Preferred Stock	—		—		—		—
Dilutive effect of restricted stock units and stock options	1.2		2.0		1.6		2.4
Weighted average diluted shares	129.7		123.4		129.8		122.7

Diluted earnings per share:
From continuing operations	$	0.19	$	0.21	$	0.76	$	1.03
From discontinued operations	—		(0.12)		—		(0.12)
Total diluted earnings per share	$	0.19	$	0.09	$	0.76	$	0.90