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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2014
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

 

Nine-Months Ended

 

 

September 30,

 

September 30,

 

 

2014

 

2013

 

2014

 

2013

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

Basic

 

167,346

 

167,457

 

167,116

 

166,483

Dilutive securities

 

6,924

 

6,491

 

6,900

 

6,861

Diluted

 

174,270

 

173,948

 

174,016

 

173,344

 

For the three-months ended September 30, 2014 and 2013, options and awards outstanding totaling 0.8 million shares and 1.5 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.  For the nine-months ended September 30, 2014 and 2013, options and awards outstanding totaling 0.8 million shares and 1.2 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.