v3.24.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Summary of Basic and Diluted (Net Loss) Earnings Per Share
Basic and diluted (net loss) earnings per share are as follows (in millions, except for share and per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Basic and diluted (net loss) earnings per share:
Numerator
Net Income (Loss) From Continuing Operations$(44)$(40)$(169)$(196)
Less: Net income (loss) attributable to noncontrolling interest— (2)2 9 
Net Income (loss) from continuing operations attributable to Alight, Inc.$(44)$(42)$(167)$(187)
Net Income (Loss) From Discontinued Operations, Net of Tax(30)(6)2 4 
Net Income (Loss) Attributable to Alight, Inc. - basic$(74)$(48)$(165)$(183)
Loss impact of conversion of noncontrolling interest— — (1)— 
Net income (loss) attributable to Alight, Inc. - diluted$(74)$(48)$(166)$(183)
Denominator
Weighted-average shares outstanding - basic535,828,896493,226,324545,659,335486,683,943
Dilutive effect of the exchange of noncontrolling interest units——560,433—
Dilutive effect of RSUs————
Weighted-average shares outstanding - diluted535,828,896493,226,324546,219,768486,683,943
Basic and Diluted (net loss) earnings per share
Continuing operations$(0.08)$(0.09)$(0.31)$(0.39)
Discontinued operations$(0.06)$(0.01)$— $0.01 
Net Income (Loss)$(0.14)$(0.10)$(0.31)$(0.38)