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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2016
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

 

 

 

March 31,

 

 

 

2016

 

2015

 

Weighted-average shares outstanding:

 

 

 

 

 

Basic

 

202,946

 

169,871

 

Dilutive securities

 

3,962

 

3,907

 

 

 

 

 

 

 

Diluted

 

206,908

 

173,778

 

 

 

 

 

 

 

 

For the three-months ended March 31, 2016 and 2015, options and awards outstanding totaling 1.4 million shares and 0.4 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.