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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2022
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, 

    

2022

    

2021

    

2022

    

2021

Weighted-average shares outstanding:

Basic

526,797

 

528,997

 

528,263

 

528,618

Dilutive

6,503

 

6,918

 

6,336

 

6,936

Diluted

533,300

 

535,915

 

534,599

 

535,554

For the three-months ended September 30, 2022 and 2021, options and awards outstanding totaling 3.5 million shares and 1.0 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the nine-months ended September 30, 2022 and 2021, options and awards outstanding totaling 2.9 million shares and 0.8 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.