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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2014
EARNINGS PER SHARE  
EARNINGS PER SHARE

15.                            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,

 

 

 

2014

 

2013

 

2014

 

2013

 

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

167,098

 

166,447

 

167,006

 

165,988

 

Dilutive securities

 

6,866

 

6,903

 

6,863

 

7,004

 

Diluted

 

173,964

 

173,350

 

173,869

 

172,992

 

 

For the three-months ended June 30, 2014 and 2013, options and awards outstanding totaling 1.2 million shares and 1.3 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.  For the six-months ended June 30, 2014 and 2013, options and awards outstanding totaling 0.9 million shares and 1.1 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.