EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2022

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


	Year Ended December 31,
(In millions, except per share data)	2022		2021		2020
Income (loss) from continuing operations attributable to TechnipFMC plc	$	(61.9)	$	87.8	$	(3,552.6)
Income (loss) from discontinued operations attributable to TechnipFMC plc	(45.3)		(74.5)		265.0
Net income (loss) attributable to TechnipFMC plc	$	(107.2)	$	13.3	$	(3,287.6)


Weighted average number of shares outstanding	449.5		450.5		448.7
Dilutive effect of restricted stock units	—		4.1		—


Total shares and dilutive securities	449.5		454.6		448.7

Basic and diluted earnings (loss) per share attributable to TechnipFMC plc:
Earnings (loss) per share from continuing operations attributable to TechnipFMC plc
Basic and diluted	$	(0.14)	$	0.19	$	(7.92)


Earnings (loss) per share from discontinued operations attributable to TechnipFMC plc
Basic	$	(0.10)	$	(0.17)	$	0.59
Diluted	$	(0.10)	$	(0.16)	$	0.59

Total earnings (loss) per share attributable to TechnipFMC plc
Basic and diluted	$	(0.24)	$	0.03	$	(7.33)

For the years ended December 31, 2022 and 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 years ended December 31, 2022 and 2020, 8.9 million and 3.8 million shares, respectively, were anti-dilutive due to a 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:


	Year Ended December 31,
(millions of shares)	2022	2021	2020
Share option awards	1.5	1.7	4.6
Restricted share units	—	0.1	1.8
Performance shares	—	—	1.9
Total	1.5	1.8	8.3