EARNINGS (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2023

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)		2023		2022
Income (loss) from continuing operations attributable to TechnipFMC plc		$	0.4	$	(42.3)
Loss from discontinued operations attributable to TechnipFMC plc		—		(19.4)
Net income (loss) attributable to TechnipFMC plc		$	0.4	$	(61.7)



Weighted average number of shares outstanding		442.1		451.1
Dilutive effect of restricted stock units		7.0		—

Dilutive effect of performance shares		5.9		—

Total shares and dilutive securities		455.0		451.1

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		$	0.00	$	(0.09)


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

Total earnings (loss) per share attributable to TechnipFMC plc
Basic and diluted		$	0.00	$	(0.13)

For the three months ended March 31, 2022 we incurred a loss from continuing operations; therefore, the impact of 4.8 million shares from our share-based compensation awards 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
	March 31,
(millions of shares)		2023	2022
Share option awards		1.4	1.6
Restricted share units		0.7	0.7
Performance shares		0.5	0.3
Total		2.6	2.6