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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2019
EARNINGS PER SHARE  
EARNINGS PER SHARE

17.         EARNINGS PER SHARE

A reconciliation of the weighted-average shares used in the basic and diluted earnings per common share computations is presented below (in thousands):

Three-Months Ended

Nine-Months Ended

September 30, 

September 30, 

    

2019

    

2018

    

2019

    

2018

Weighted-average shares outstanding:

Basic

 

544,469

 

552,694

 

543,804

 

559,472

Dilutive

 

3,953

 

7,261

 

4,583

 

7,319

Diluted

 

548,422

 

559,955

 

548,387

 

566,791

For the three-months ended September 30, 2019 and 2018, options and awards outstanding totaling 4.7 million shares and 3.2 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the nine-months ended September 30, 2019 and 2018, options and awards outstanding totaling 4.3 million shares and 3.0 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.