EARNINGS (LOSS) PER SHARE

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
(In millions, except per share data)	2023		2022		2023		2022
Income (loss) from continuing operations attributable to TechnipFMC plc	$	(87.2)	$	2.1	$	(86.8)	$	(40.2)
Loss from discontinued operations attributable to TechnipFMC plc	—		—		—		(19.4)
Net income (loss) attributable to TechnipFMC plc	$	(87.2)	$	2.1	$	(86.8)	$	(59.6)



Weighted average number of shares outstanding	440.1		452.2		441.1		451.6
Dilutive effect of restricted stock units	—		4.6		—		—



Total shares and dilutive securities	440.1		456.8		441.1		451.6

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	$	(0.20)	$	0.00	$	(0.20)	$	(0.09)


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

Total earnings (loss) per share attributable to TechnipFMC plc
Basic and diluted	$	(0.20)	$	0.00	$	(0.20)	$	(0.13)

For the three months ended June 30, 2023, and the six months ended June 30, 2023 and 2022, we incurred a loss from continuing operations; therefore, the impact of 11.6 million, 12.7 million and 4.6 million shares, respectively, were 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)	2023	2022	2023	2022
Share option awards	1.4	1.6	1.4	1.6
Restricted share units	—	—	—	1.6
Performance shares	1.2	1.7	0.9	1.2
Total	2.6	3.3	2.3	4.4