Net Income (Loss) Attributable to First Data Corporation Per Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Net Income (Loss) Attributable to First Data Corporation Per Share

Net Income (Loss) Attributable to First Data Corporation Per Share

Basic net income (loss) attributable to FDC per share is calculated by dividing "Net income (loss) attributable to FDC" by the weighted-average shares outstanding during the period, without consideration for any potential dilutive shares. Diluted net income (loss) attributable to FDC per share has been computed to give effect to the impact, if any, of shares issuable upon the assumed exercise of the Company’s common stock equivalents, which consist of outstanding stock options and unvested restricted stock. The dilutive effect of potentially dilutive securities is reflected in net income (loss) attributable to FDC per share by application of the treasury stock method. Under the treasury stock method, an increase in the fair market value of the Company's common stock can result in a greater dilutive effect from potentially dilutive securities.

Other than voting rights, the Company's Class A Common Stock and Class B Common Stock have the same rights and therefore both are treated as the same class of stock for purposes of the net income (loss) attributable to FDC per share calculation.

The following table sets forth the computation of the Company's basic and diluted net income (loss) attributable to First Data Corporation per share:

	Three months ended March 31,
(in millions, except per share amounts)	2017		2016
Numerator:
Net income (loss) used in computing net income (loss) per share, basic and diluted	$	36	$	(56	)
Denominator:
Weighted average shares used in computing net income (loss) per share, basic	910		896
Effect of dilutive securities	21		—
Total dilutive securities	931		896
Net income (loss) attributable to First Data Corporation per share:
Basic	$	0.04	$	(0.06	)
Diluted	$	0.04	$	(0.06	)
Anti-dilutive shares excluded from diluted net income (loss) per share (a)	13		46

(a) Potentially dilutive securities whose effect would have been anti-dilutive are excluded from the computation of diluted earnings per share for the three months ended March 31, 2017 and 2016.