EARNINGS (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2022

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


	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In millions, except per share data)	2022		2021		2022		2021
Income (loss) from continuing operations attributable to TechnipFMC plc	$	2.1	$	(174.7)	$	(40.2)	$	255.6
Loss from discontinued operations attributable to TechnipFMC plc	—		7.7		(19.4)		(54.4)
Net income (loss) attributable to TechnipFMC plc	$	2.1	$	(167.0)	$	(59.6)	$	201.2



Weighted average number of shares outstanding	452.2		450.6		451.6		450.4
Dilutive effect of restricted stock units	4.6		—		—		3.8

Dilutive effect of performance shares	—		—		—		0.7

Total shares and dilutive securities	456.8		450.6		451.6		454.9

Basic and diluted earnings (loss) per share attributable to TechnipFMC plc:
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc
Basic	$	0.00	$	(0.39)	$	(0.09)	$	0.57
Diluted	$	0.00	$	(0.39)	$	(0.09)	$	0.56

Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc
Basic and diluted	$	0.00	$	0.02	$	(0.04)	$	(0.12)

Total earnings (loss) per share attributable to TechnipFMC plc
Basic	$	0.00	$	(0.37)	$	(0.13)	$	0.45
Diluted	$	0.00	$	(0.37)	$	(0.13)	$	0.44

For the three months ended June 30, 2021, we incurred a loss from continuing operations; therefore, the impact of 5.3 million shares was anti-dilutive. For the six months ended June 30, 2022, we incurred a loss from continuing operations; therefore, the impact of 4.6 million shares was anti-dilutive.

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:


	Three Months Ended		Six Months Ended
	June 30,		June 30,
(millions of shares)	2022	2021	2022	2021
Share option awards	1.6	1.6	1.6	1.6
Restricted share units	—	—	1.6	—
Performance shares	1.7	0.5	1.2	—
Total	3.3	2.1	4.4	1.6