Company: ALIT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037820
Chunk: 90

Company: Alight, Inc. / Delaware
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 90
---
)5 19 8 36 Restructuring36 18 40 33 (Gain) Loss from change in fair value of financial instruments28 (52)20 (31)(Gain) Loss from change in fair value of tax receivable agreement23 (31)32 24 Goodwill impairment and other (3)984 2 985 2 Tax effect of adjustments (4)(22)(12)(39)(41)Adjusted Net Income From Continuing Operations$56 $29 $108 $86 Denominator:Weighted average shares outstanding - basic528,469,912546,174,400530,378,798543,376,024Dilutive effect of the exchange of noncontrolling interest units—554,568—554,568Dilutive effect of RSUs—374,688——Weighted average shares outstanding - diluted528,469,912547,103,656530,378,798543,930,592Exchange of noncontrolling interest units(5)510,115107,673510,1152,714,155Impact of unvested RSUs(6)7,405,1719,222,8327,405,1719,597,520Adjusted shares of Class A Common Stock outstanding - diluted(7)(8)536,385,198556,434,161538,294,084556,242,267Basic (Net Loss) Earnings Per Share From Continuing Operations$(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 

__________________________________________________________

(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)Ass