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Quarterly financial information (unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly financial information (unaudited) Quarterly financial information (unaudited)
 
 
First
Quarter

 
Second
Quarter

 
Third
Quarter

 
Fourth
Quarter

 
Year

2019
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
695.8

 
$
753.8

 
$
757.6

 
$
741.5

 
$
2,948.7

Gross profit
 
149.9

 
193.9

 
172.4

 
150.2

 
666.4

Income (loss) before income taxes
 
(3.0
)
 
41.9

 
6.5

 
(5.7
)
 
39.7

Net income (loss) attributable to Unisys Corporation common shareholders
 
(19.4
)
 
26.2

 
(13.2
)
 
(10.8
)
 
(17.2
)
Earnings (loss) per common share attributable to Unisys Corporation
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(0.38
)
 
$
0.51

 
$
(0.23
)
 
$
(0.17
)
 
$
(0.31
)
Diluted
 
$
(0.38
)
 
$
0.42

 
$
(0.23
)
 
$
(0.17
)
 
$
(0.31
)
2018
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
708.4

 
$
667.4

 
$
688.3

 
$
760.9

 
$
2,825.0

Gross profit
 
201.2

 
152.9

 
153.8

 
178.4

 
686.3

Income before income taxes
 
62.6

 
20.3

 
22.2

 
38.1

 
143.2

Net income attributable to Unisys Corporation common shareholders
 
40.6

 
3.8

 
6.1

 
25.0

 
75.5

Earnings per common share attributable to Unisys Corporation
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.80

 
$
0.07

 
$
0.12

 
$
0.49

 
$
1.48

Diluted
 
 
 
$
0.62

 
$
0.07

 
$
0.12

 
$
0.41

 
$
1.30


In the third quarter of 2019, the company recorded a pretax loss on debt exchange of $20.1 million. See Note 14, “Debt,” of the Notes to Consolidated Financial Statements.

In the first, second, third and fourth quarters of 2019, the company recorded pretax cost-reduction and other charges of $2.6 million, $2.6 million, $0.2 million and $23.3 million, respectively. See Note 3, “Cost reduction actions,” of the Notes to Consolidated Financial Statements.

In the first, second, third and fourth quarters of 2018, the company recorded pretax cost-reduction and other charges (benefits) of $(2.9) million, $0.7 million, $(0.9) million and $22.8 million, respectively. See Note 3, “Cost reduction actions,” of the Notes to Consolidated Financial Statements.

The individual quarterly per-share amounts may not total to the per-share amount for the full year because of accounting rules governing the computation of earnings per share.