EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS 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
	March 31,
(In millions, except per share data)	2024		2023
Net income attributable to TechnipFMC plc	$	157.1	$	0.4
Weighted average number of shares outstanding	433.6		442.1
Dilutive effect of restricted stock units	5.0		7.0
Dilutive effect of stock options	0.1		—
Dilutive effect of performance shares	7.6		5.9
Total shares and dilutive securities	446.3		455.0
Basic and diluted earnings per share attributable to TechnipFMC plc:
Earnings per share attributable to TechnipFMC plc
Basic	$	0.36	$	0.00
Diluted	$	0.35	$	0.00

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)	2024	2023
Share option awards	0.5	1.4
Restricted share units	—	0.7
Performance shares	0.4	0.5
Total	0.9	2.6