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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 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

Six-Months Ended

June 30, 

June 30, 

    

2020

    

2019

    

2020

    

2019

Weighted-average shares outstanding:

Basic

 

526,911

 

544,156

 

531,486

 

543,466

Dilutive

 

4,280

 

4,062

 

4,411

 

4,833

Diluted

 

531,191

 

548,218

 

535,897

 

548,299

For the three- months ended June 30, 2020 and 2019, options and awards outstanding totaling 4.7 million shares and 4.7 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the six-months ended June 30, 2020 and 2019, options and awards outstanding totaling 4.9 million shares and 4.2 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.