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Earnings (Loss) Per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

NOTE 5. EARNINGS (LOSS) PER SHARE

A reconciliation of the number of shares used for the basic and diluted earnings (loss) per share calculation was as follows:

 

     Three Months Ended  
     March 31,  
(In millions, except per share data)    2017      2016  
     As Restated      As Restated  

Net income (loss) attributable to TechnipFMC plc

   $ (18.7    $ 120.7  

After-tax interest expense related to dilutive shares

     —          0.4  
  

 

 

    

 

 

 

Net income (loss) attributable to TechnipFMC plc adjusted for dilutive effects

     (18.7      121.1  
  

 

 

    

 

 

 

Weighted average number of shares outstanding

     466.6        118.2  

Dilutive effect of stock options

     —          —    

Dilutive effect of performance shares

     —          1.0  

Dilutive effect of convertible bonds

     —          5.2  
  

 

 

    

 

 

 

Total shares and dilutive securities

     466.6        124.4  
  

 

 

    

 

 

 

Basic earnings (loss) per share attributable to TechnipFMC plc

   $ (0.04    $ 1.02  
  

 

 

    

 

 

 

Diluted earnings (loss) per share attributable to TechnipFMC plc

   $ (0.04    $ 0.97