Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

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,
	2024		2023		2024		2023
Earnings (loss) attributable to FMC stockholders:
Continuing operations, net of income taxes	$	65.9	$	4.8	$	373.6	$	264.3
Discontinued operations, net of income taxes	(0.9)		(8.3)		(16.2)		(41.3)
Net income (loss) attributable to FMC stockholders	$	65.0	$	(3.5)	$	357.4	$	223.0
Less: Distributed and undistributed earnings allocable to restricted award holders	(0.2)		—		(0.7)		0.3
Net income (loss) allocable to common stockholders	$	64.8	$	(3.5)	$	356.7	$	223.3

Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	0.53	$	0.04	$	2.98	$	2.11
Discontinued operations	(0.01)		(0.07)		(0.13)		(0.33)
Net income (loss) attributable to FMC stockholders	$	0.52	$	(0.03)	$	2.85	$	1.78

Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations	$	0.53	$	0.04	$	2.98	$	2.10
Discontinued operations	(0.01)		(0.07)		(0.13)		(0.33)
Net income (loss) attributable to FMC stockholders	$	0.52	$	(0.03)	$	2.85	$	1.77

Shares (in thousands):
Weighted average number of shares of common stock outstanding - Basic	125,026		124,887		124,991		125,109
Weighted average additional shares assuming conversion of potential common shares	434		373		344		575
Shares – diluted basis	125,460		125,260		125,335		125,684