EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2013

EARNINGS PER SHARE

EARNINGS PER SHARE

14. EARNINGS PER SHARE

A reconciliation of the weighted-average shares used in the basic and diluted earnings per common share computations is presented below:

	Three-Months Ended		Nine-Months Ended
	September 30,		Septemer 30,
	2013	2012	2013	2012
Weighted-average shares outstanding:
Basic	167,457	175,026	166,483	175,347
Dilutive securities	6,491	8,873	6,861	10,018
Diluted	173,948	183,899	173,344	185,365

For the three-months ended September 30, 2013 and 2012, options outstanding totaling 1.5 million and 0.4 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.  For the nine-months ended September 30, 2013 and 2012, options outstanding totaling 1.2 million and 0.2 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.