EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2023

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 (in thousands):

	Three-Months Ended		Six-Months Ended
	June 30,		June 30,
	2023	2022	2023	2022
Weighted-average shares outstanding:
Basic	1,047,065	1,057,233	1,045,993	1,058,017
Dilutive	13,028	12,389	13,674	12,401
Diluted	1,060,093	1,069,622	1,059,667	1,070,418

For the three-months ended June 30, 2023 and 2022, options and awards outstanding totaling 4.1 million shares and 3.5 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the six-months ended June 30, 2023 and 2022, options and awards outstanding totaling 2.6 million shares and 2.5 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.