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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2020
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

March 31, 

    

2020

    

2019

Weighted-average shares outstanding:

Basic

 

536,061

 

542,768

Dilutive

 

4,457

 

5,505

Diluted

 

540,518

 

548,273

For the three-months ended March 31, 2020 and 2019, options and awards outstanding totaling 4.8 million shares and 4.3 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.