Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

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,
	2021		2020		2021		2020
Earnings (loss) attributable to FMC stockholders:
Continuing operations, net of income taxes	$	167.6	$	129.8	$	575.8	$	538.7
Discontinued operations, net of income taxes	(9.7)		(18.4)		(32.4)		(36.7)
Net income (loss) attributable to FMC stockholders	$	157.9	$	111.4	$	543.4	$	502.0
Less: Distributed and undistributed earnings allocable to restricted award holders	(0.4)		(0.3)		(1.3)		(1.3)
Net income (loss) allocable to common stockholders	$	157.5	$	111.1	$	542.1	$	500.7

Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	1.30	$	1.00	$	4.46	$	4.14
Discontinued operations	(0.08)		(0.14)		(0.25)		(0.28)
Net income (loss) attributable to FMC stockholders	$	1.22	$	0.86	$	4.21	$	3.86

Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	1.30	$	0.99	$	4.44	$	4.12
Discontinued operations	(0.08)		(0.14)		(0.25)		(0.28)
Net income (loss) attributable to FMC stockholders	$	1.22	$	0.85	$	4.19	$	3.84

Shares (in thousands):
Weighted average number of shares of common stock outstanding - Basic	128,313		129,888		128,951		129,710
Weighted average additional shares assuming conversion of potential common shares	678		911		763		886
Shares – diluted basis	128,991		130,799		129,714		130,596