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EARNINGS (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2017
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

(Number of common shares in thousands)

 

Years ended December 31,

 

 

 

2017

 

2016

 

Basic weighted average shares outstanding:

 

1,246,619

 

1,227,007

 

Weighted average shares dilution adjustments:

 

 

 

 

 

Stock options

 

1,606

 

 

Restricted shares

 

3,905

 

 

Restricted performance shares

 

4,915

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

1,257,045

 

1,227,007

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares dilution adjustments - exclusions: (a)

 

 

 

 

 

Stock options (b)

 

7,199

 

12,429

 

Restricted shares

 

 

3,625

 

Restricted performance shares

 

 

4,786

 

 

 

(a)

These adjustments were excluded, as they are anti-dilutive.

(b)

Anti-dilutive stock options were determined using the Company’s average share price for the year.  For the years ended December 31, 2017 and 2016, the average share price used was $4.00 and $3.91, respectively.