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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2016
EARNINGS PER SHARE  
EARNINGS PER SHARE

 

16.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

 

Six-Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

200,979

 

176,985

 

201,962

 

173,447

 

Dilutive

 

3,989

 

4,432

 

3,986

 

4,551

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

204,968

 

181,417

 

205,948

 

177,998

 

 

 

 

 

 

 

 

 

 

 

 

For the three-months ended June 30, 2016 and 2015, options and awards outstanding totaling 2.0 million shares and 1.1 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the six-months ended June 30, 2016 and 2015, options and awards outstanding totaling 1.6 million shares and 0.8 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.