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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2017
EARNINGS PER SHARE  
Schedule of reconciliation of the weighted average shares used in the basic and diluted earnings per common share computations

 

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

 

 

 

Three-Months Ended

 

Six-Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

567,910

 

602,937

 

567,384

 

605,886

 

Dilutive

 

10,110

 

11,967

 

10,335

 

11,958

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

578,020

 

614,904

 

577,719

 

617,844