Company: ALIT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037820
Chunk: 150

Company: Alight, Inc. / Delaware
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 150
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 diluted528,469,912547,103,656530,378,798543,930,592Exchange of noncontrolling interest units(5)510,115107,673510,1152,714,155Impact of unvested RSUs(6)7,405,1719,222,8327,405,1719,597,520Adjusted shares of Class A Common Stock outstanding - diluted(7)(8)536,385,198556,434,161538,294,084556,242,267Basic (Net Loss) Earnings Per Share From Continuing Operations$(2.03)$(0.01)$(2.05)$(0.23)Diluted (Net Loss) Earnings Per Share From Continuing Operations$(2.03)$(0.01)$(2.05)$(0.23)Adjusted Diluted Earnings Per Share From Continuing Operations$0.10 $0.05 $0.20 $0.15 

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(1)Excludes the impact of discontinued operations. 

(2)Transaction and integration expenses primarily relate to acquisitions and divestiture activities.

(3)Goodwill impairment and other primarily includes a $983 million non-cash goodwill impairment charge for each of the three and six months ended June 30, 2025 related to the Company's Health Solutions reporting unit.

(4)Income tax effects have been calculated based on statutory tax rates for both U.S. and foreign jurisdictions based on the Company's mix of income and adjusted for significant changes in fair value measurement.

(5)Assumes the full exchange of the units held by noncontrolling interests for shares of Class A Common Stock of Alight, Inc. pursuant to the exchange agreement.

(6)Includes non-vested time-based restricted stock units that were determined to be antidilutive for U.S. GAAP diluted earnings per share purposes.

(7)Excludes two tranches of contingently issuable seller earnout shares: (i) 7.5 million shares will be issued if the Company's Class A Common Stock's volume-weighted average price ("VWAP") is >$12.50 for any 20 trading days within a consecutive period of 30 trading days; (ii) 7.5 million shares will be issued if the Company's Class A Common Stock VWAP is >$15.00 for any 20 trading days within a consecutive period of 30 trading days. Both tr