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Earnings Per Share | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Potentially dilutive securities include stock options, RSUs, restricted stock and performance-based award units. Diluted EPS reflects the assumed exercise or conversion of all dilutive securities using the treasury stock method.
| Year Ended December 31,
(in thousands, except per share amounts) | 2020 | 2019 | 2018
Amounts attributable to Fluor Corporation: |  |  |
Net earnings (loss) from Cont Ops | $ | (293,899) |  | $ | (1,525,767) |  | $ | 153,033 |
Net earnings (loss) from Disc Ops | (141,147) |  | 3,603 |  | 20,435 |
Net earnings (loss) | $ | (435,046) |  | $ | (1,522,164) |  | $ | 173,468 |
Basic EPS attributable to Fluor Corporation: |  |  |
Weighted average common shares outstanding | 140,511 |  | 140,061 |  | 140,413 |
Net earnings (loss) from Cont Ops | $ | (2.09) |  | $ | (10.89) |  | $ | 1.09 |
Net earnings (loss) from Disc Ops | (1.01) |  | 0.02 |  | 0.15 |
Net earnings (loss) | $ | (3.10) |  | $ | (10.87) |  | $ | 1.24 |
Diluted EPS attributable to Fluor Corporation: |  |  |
Weighted average common shares outstanding | 140,511 |  | 140,061 |  | 140,413 |
Dilutive effects: |  |  |
Stock options, RSUs, restricted stock and performance-based award units (1) | — |  | — |  | 859 |
Weighted average diluted shares outstanding | 140,511 |  | 140,061 |  | 141,272 |
Net earnings (loss) from Cont Ops | $ | (2.09) |  | $ | (10.89) |  | $ | 1.08 |
Net earnings (loss) from Disc Ops | (1.01) |  | 0.02 |  | 0.15 |
Net earnings (loss) | $ | (3.10) |  | $ | (10.87) |  | $ | 1.23 |
(1) Anti-dilutive securities not included in shares outstanding | 709 |  | 593 |  | — |
During 2018, we repurchased and canceled 1.1 million shares of common stock for $50 million. Limited Duration Stockholder Rights Agreement In March 2020, the board of directors declared a dividend distribution of one preferred share purchase right for each outstanding share of our common stock, payable to holders of record as of April 10, 2020. The rights are designed to protect against unsolicited takeovers. The rights will be exercisable only if a person or group acquires 10% or more of our outstanding common stock. Each right will entitle stockholders to purchase one one thousandth of a share of a new series of junior participating preferred stock at an exercise price of $50. In addition, if a person or group acquires 10% of our outstanding common stock (unless such person or group acquires 50% or more), the board of directors may exchange one share of common stock for each outstanding right. Prior thereto, the rights are redeemable for $0.01 per right at the option of the board of directors. The rights are scheduled to expire in March 2021.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
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