Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Calculation of basic and diluted weighted-average shares outstanding

The following is a calculation of basic and diluted weighted-average shares outstanding:

	Three Months Ended   March 31,
(In thousands)	2017	2016
Weighted-average shares - basic	465,348	431,841
Dilution effect of stock appreciation rights and stock awards at end of period	1,540	—
Weighted-average shares - diluted	466,888	431,841

Calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect

The following is a calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect:

	Three Months Ended   March 31,
(In thousands)	2017	2016
Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect due to net loss	—	700
Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method	477	28
Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect	477	728