v3.22.2.2
Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
Basic earnings (loss) per share is computed by dividing net income (loss) for the period by the weighted-average number of common shares outstanding during the period.
In periods when we report net income, diluted earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period plus the dilutive effect of our outstanding stock incentive awards. For periods when we report a net loss, diluted earnings per share is equal to basic earnings per share, as the impact of our outstanding stock incentive awards is considered to be antidilutive.
The following table sets forth the computation of basic and diluted earnings (loss) per share:
 Three months ended September 30, Nine months ended September 30,
2022202120222021
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc.$8.0 $16.6 $(25.1)$(60.1)
Weighted average number of shares outstanding-basic429,209,862 428,634,355 429,043,929 428,674,777 
Weighted average number of shares outstanding-diluted (1)
429,426,048 428,726,126 429,043,929 428,674,777 
Earnings (loss) per share of common stock:
Basic$0.02 $0.04 $(0.06)$(0.14)
Diluted$0.02 $0.04 $(0.06)$(0.14)
(1)The weighted average number of shares outstanding used in the computation of diluted earnings per share for the three months ended September 30, 2022 and 2021, excludes the effect of 7.6 million and 6.8 million potentially issuable common shares, that are anti-dilutive to the diluted earnings per share computation, respectively.

Below is a reconciliation of our common stock issued and outstanding:

Common Shares
Treasury Shares (1)
Common Shares Outstanding
Shares as of December 31, 2021432,070,999 (873,217)431,197,782 
Shares issued for the three months ended March 31, 20223,172,434 N/A3,172,434 
Shares forfeited for the three months ended March 31, 2022(255,153)N/A(255,153)
Shares as of March 31, 2022434,988,280 (873,217)434,115,063 
Shares issued for the three months ended June 30, 2022136,398 N/A136,398 
Shares forfeited for the three months ended June 30, 2022(314,864)N/A(314,864)
Shares as of June 30, 2022434,809,814 (873,217)433,936,597 
Shares issued for the three months ended September 30, 20222,012,537 N/A2,012,537 
Shares forfeited for the three months ended September 30, 2022(203,060)(13,703)(216,763)
Shares as of September 30, 2022436,619,291 (886,920)435,732,371 
(1)Primarily related to the forfeiture of unvested incentive units granted prior to the IPO under the Incentive Units Program of Star Parent, L.P.

On July 28, 2022, our Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock. The dividends were paid on September 22, 2022, to shareholders of record as of September 1, 2022. Dividends accrued for restricted shares are contingent and payable upon vesting of the underlying restricted shares.