Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

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,
	2023		2022		2023		2022
Earnings (loss) attributable to FMC stockholders:
Continuing operations, net of income taxes	$	52.0	$	145.0	$	259.5	$	367.6
Discontinued operations, net of income taxes	(21.5)		(10.8)		(33.0)		(26.0)
Net income (loss) attributable to FMC stockholders	$	30.5	$	134.2	$	226.5	$	341.6
Less: Distributed and undistributed earnings allocable to restricted award holders	(0.1)		(0.3)		(0.4)		(0.6)
Net income (loss) allocable to common stockholders	$	30.4	$	133.9	$	226.1	$	341.0

Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	0.41	$	1.15	$	2.07	$	2.91
Discontinued operations	(0.17)		(0.09)		(0.26)		(0.21)
Net income (loss) attributable to FMC stockholders	$	0.24	$	1.06	$	1.81	$	2.70

Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	0.41	$	1.15	$	2.06	$	2.90
Discontinued operations	(0.17)		(0.09)		(0.26)		(0.21)
Net income (loss) attributable to FMC stockholders	$	0.24	$	1.06	$	1.80	$	2.69

Shares (in thousands):
Weighted average number of shares of common stock outstanding - Basic	125,085		126,204		125,201		126,127
Weighted average additional shares assuming conversion of potential common shares	579		742		682		754
Shares – diluted basis	125,664		126,946		125,883		126,881