Earnings (Loss) per Share

9 Months Ended

Sep. 30, 2016

Earnings per Share

We include restricted stock units for which no future service is required as a condition to the delivery of the underlying common stock in our calculation of weighted average shares outstanding. Reconciliations of the amounts used in the basic and diluted earnings per common share computations for the three and nine months ended September 30, 2016 and 2015 are as follows (shares in thousands):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2016	2015	2016	2015
Diluted weighted average shares calculation:
Weighted average shares outstanding (basic)	354,215	355,443	353,929	365,053
Share-based awards	2,137	2,233	2,051	3,166
Weighted average shares outstanding (diluted)	356,352	357,676	355,980	368,219

We excluded the following items from diluted earnings per common share for the three and nine months ended September 30, 2016 and 2015, because they were anti-dilutive (shares in thousands):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2016	2015	2016	2015
Share-based awards	1,610	4,982	1,679	4,208