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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2023
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, 

    

2023

    

2022

    

2023

    

2022

Weighted-average shares outstanding:

Basic

1,047,015

 

1,053,594

 

1,046,337

 

1,056,526

Dilutive

12,951

 

13,006

 

13,472

 

12,672

Diluted

1,059,966

 

1,066,600

 

1,059,809

 

1,069,198

For the three-months ended September 30, 2023 and 2022, options and awards outstanding totaling 4.1 million shares and 7.0 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the nine-months ended September 30, 2023 and 2022, options and awards outstanding totaling 3.1 million shares and 5.8 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.