XML 54 R42.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Calculation of basic and diluted earnings per share
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 June 30,Six Months Ended June 30,
2020201920202019
Earnings (loss) attributable to FMC stockholders:
Continuing operations, net of income taxes$195.2  $192.6  $408.9  $398.7  
Discontinued operations, net of income taxes(10.8) (18.1) (18.3) (8.5) 
Net income (loss) attributable to FMC stockholders$184.4  $174.5  $390.6  $390.2  
Less: Distributed and undistributed earnings allocable to restricted award holders(0.5) (0.5) (1.0) (1.2) 
Net income (loss) allocable to common stockholders$183.9  $174.0  $389.6  $389.0  
Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations$1.50  $1.46  $3.15  $3.02  
Discontinued operations(0.08) (0.14) (0.14) (0.06) 
Net income (loss) attributable to FMC stockholders$1.42  $1.32  $3.01  $2.96  
Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations$1.49  $1.46  $3.13  $3.00  
Discontinued operations(0.08) (0.14) (0.14) (0.06) 
Net income (loss) attributable to FMC stockholders$1.41  $1.32  $2.99  $2.94  
Shares (in thousands):
Weighted average number of shares of common stock outstanding - Basic129,725  131,098  129,619  131,446  
Weighted average additional shares assuming conversion of potential common shares833  1,171  879  1,262  
Shares – diluted basis130,558  132,269  130,498  132,708