Company: CNDT
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001677703-25-000076
Chunk: 93

Company: CONDUENT Inc
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 93
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830 209,160 Common Shares Issuable With Respect To:Restricted Stock and Performance Units / Shares— 1,194 8% Convertible Preferred Stock— 5,393 Weighted Average Common Shares Outstanding - Diluted161,830 215,747 Net Earnings (Loss) per Share:Basic$(0.33)$0.46 Diluted$(0.33)$0.46 The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive (shares in thousands):Restricted stock and performance shares/units7,782 7,454 Convertible preferred stock5,393 — Total Anti-Dilutive and Contingently Issuable Securities13,175 7,454 

CNDT Q1 2025 Form 10-Q19

Note 15 – Supplementary Financial Information

The components of Other assets and Other liabilities were as follows:(in millions)March 31, 2025December 31, 2024Other Current AssetsPrepaid expenses$97 $77 Income taxes receivable10 11 Value-added tax receivable8 7 Restricted cash16 11 Net receivables from buyers of divested businesses54 52 Other112 103 Total Other Current Assets$297 $261 Other Current LiabilitiesAccrued liabilities to vendors$137 $156 Litigation related accruals6 8 Current operating lease liabilities51 52 Restructuring liabilities9 15 Income tax payable1 3 Other taxes payable13 16 Accrued interest13 5 Direct response costs - cyber event liabilities22 — Other42 35 Total Other Current Liabilities$294 $290 Other Long-term AssetsInternal use software, net$102 $107 Deferred contract costs, net126 126 Product software, net67 72 Deferred tax assets24 23 Other62 60 Total Other Long-term Assets$381 $388 Other Long-term LiabilitiesIncome tax liabilities18 18 Unearned income48 52 Other22 23 Total Other Long-term Liabilities$88 $93 

Note 16 – Subsequent Events

In April 2025, the Company acquired the 20% interest in Conduent Victoria Ticketing System Pty Ltd, ("Conduent Victoria") held by Con