Earnings Per Share

6 Months Ended

Jun. 30, 2020

EARNINGS (LOSS) PER SHARE

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


	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In millions, except per share data)	2020		2019		2020		2019
Net income (loss) attributable to TechnipFMC plc	$	11.7	$	97.0	$	(3,244.4)	$	117.9



Weighted average number of shares outstanding	448.3		447.5		447.9		447.7
Dilutive effect of restricted stock units	0.3		1.6		—		1.8

Dilutive effect of performance shares	0.9		2.1		—		2.4

Total shares and dilutive securities	449.5		451.2		447.9		451.9

Basic earnings (loss) per share attributable to TechnipFMC plc	$	0.03	$	0.22	$	(7.24)	$	0.26
Diluted earnings (loss) per share attributable to TechnipFMC plc	$	0.03	$	0.21	$	(7.24)	$	0.26

For the six months ended June 30, 2020, we incurred a net loss; therefore, the impact of any incremental shares from our share-based compensation awards would be anti-dilutive. For the six months ended June 30, 2020, 3.4 million shares were anti-dilutive due to net loss position.

Weighted average shares of the following share-based compensation awards were excluded from the calculation of diluted weighted average number of shares where the assumed proceeds exceed the average market price from the calculation of diluted weighted average number of shares, because their effect would be anti-dilutive: