Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:


(in Millions, Except Share and Per Share Data)	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Earnings (loss) attributable to FMC stockholders:
Continuing operations, net of income taxes	$	137.2	$	169.4	$	504.8	$	581.3
Discontinued operations, net of income taxes	(16.2)		(9.7)		(42.2)		(32.4)
Net income (loss) attributable to FMC stockholders	$	121.0	$	159.7	$	462.6	$	548.9
Less: Distributed and undistributed earnings allocable to restricted award holders	(0.3)		(0.4)		(1.1)		(1.3)
Net income (loss) allocable to common stockholders	$	120.7	$	159.3	$	461.5	$	547.6

Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	1.09	$	1.32	$	3.99	$	4.51
Discontinued operations	(0.13)		(0.08)		(0.33)		(0.25)
Net income (loss) attributable to FMC stockholders	$	0.96	$	1.24	$	3.66	$	4.26

Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	1.08	$	1.32	$	3.98	$	4.48
Discontinued operations	(0.13)		(0.08)		(0.33)		(0.25)
Net income (loss) attributable to FMC stockholders	$	0.95	$	1.24	$	3.65	$	4.23

Shares (in thousands):
Weighted average number of shares of common stock outstanding - Basic	126,224		128,313		126,157		128,951
Weighted average additional shares assuming conversion of potential common shares	667		678		722		763
Shares – diluted basis	126,891		128,991		126,879		129,714