Company: ALIT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049916
Chunk: 93

Company: Alight, Inc. / Delaware
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 93
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59 Transaction and integration expenses (2)4 21 12 57 Restructuring4 12 44 45 (Gain) Loss from change in fair value of financial instruments(19)(23)1 (54)(Gain) Loss from change in fair value of tax receivable agreement(66)27 (34)51 Goodwill impairment and other (3)1,338 6 2,323 8 Tax effect of adjustments (4)(217)(32)(256)(73)Adjusted Net Income From Continuing Operations$62 $48 $170 $134 Denominator:Weighted average shares outstanding - basic526,576,757535,828,896529,206,657545,659,335Dilutive effect of the exchange of noncontrolling interest units———560,433Dilutive effect of RSUs————Weighted average shares outstanding - diluted526,576,757535,828,896529,206,657546,219,768Exchange of noncontrolling interest units(5)510,115663,057510,1152,189,169Impact of unvested RSUs(6)8,289,6097,358,5108,289,6097,358,510Adjusted shares of Class A Common Stock outstanding - diluted(7)(8)535,376,481543,850,463538,006,381555,767,447Basic (Net Loss) Earnings Per Share From Continuing Operations$(2.00)$(0.08)$(4.05)$(0.31)Diluted (Net Loss) Earnings Per Share From Continuing Operations$(2.00)$(0.08)$(4.05)$(0.31)Adjusted Diluted Earnings Per Share From Continuing Operations$0.12 $0.09 $0.32 $0.24 

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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 $1,338 million and $2,321 million non-cash goodwill impairment charges for the three and nine months ended September 30, 2025, respectively.

(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.