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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2017
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

 

 

March 31,

 

 

2017

 

2016

Weighted-average shares outstanding:

 

 

 

 

Basic

 
571,578

 
608,838

Dilutive

 
10,454

 
11,886

 

 

 

 

 

Diluted

 
582,032

 
620,724

 

 

 

 

 

 

For the three-months ended March 31, 2017 and 2016, options and awards outstanding totaling 8.0 million shares and 4.2 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.