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SEC Filings

425
FIDELITY NATIONAL INFORMATION SERVICES, INC. filed this Form 425 on 05/13/2019
Entire Document
 


Worldpay, Inc.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

In addition to the Class B units discussed above, potentially dilutive securities during the years ended December 31, 2018, 2017 and 2016 included restricted stock awards, restricted stock units, stock options, performance share awards and employee stock purchase plan purchase rights. Additionally, potentially dilutive securities during the year ended December 31, 2016 also included the warrant held by Fifth Third which allows for the purchase of Class C units of Worldpay Holding. During the year ended December 31, 2018, 2017 and 2016, approximately 1,521,616, 738,520 and 660,204, respectively, performance awards have been excluded as the applicable performance metrics had not been met as of the reporting dates.

The shares of Class B common stock do not share in the earnings or losses of the Company and are therefore not participating securities. Accordingly, basic and diluted net income per share of Class B common stock have not been presented.

The following table sets forth the computation of basic and diluted net income per share (in millions, except share data):

 

    Year Ended December 31,  
    2018     2017     2016  

Basic:

     

Net income attributable to Worldpay, Inc.

  $ 12.8     $ 130.1     $ 213.2  
 

 

 

   

 

 

   

 

 

 

Shares used in computing basic net income per share:

     

Weighted-average Class A common shares

    292,992,892       161,293,062       156,043,636  
 

 

 

   

 

 

   

 

 

 

Basic net income per share

  $ 0.04     $ 0.81     $ 1.37  
 

 

 

   

 

 

   

 

 

 

Diluted:

     

Net income attributable to Worldpay, Inc.

  $ 12.8     $ 130.1     $ 213.2  
 

 

 

   

 

 

   

 

 

 

Shares used in computing diluted net income per share:

     

Weighted-average Class A common shares

    292,992,892       161,293,062       156,043,636  

Weighted-average Class B units of Worldpay Holding

    —         —         —    

Warrant

    —         —         4,959,501  

Stock options

    894,010       729,138       531,165  

Restricted stock awards, restricted stock units and employee stock purchase plan

    1,208,928       663,663       510,694  

Performance awards

    118,452       121,283       70,553  
 

 

 

   

 

 

   

 

 

 

Diluted weighted-average shares outstanding

    295,214,282       162,807,146       162,115,549  
 

 

 

   

 

 

   

 

 

 

Diluted net income per share

  $ 0.04     $ 0.80     $ 1.32  
 

 

 

   

 

 

   

 

 

 

 

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