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EARNINGS (LOSS) PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2017
EARNINGS (LOSS) PER SHARE |
EARNINGS (LOSS) PER SHARE |
(Number of common shares in thousands) |  | Years ended December 31, |
|  | 2017 |  | 2016 |
Basic weighted average shares outstanding: |  | 1,246,619 |  | 1,227,007 |
Weighted average shares dilution adjustments: |  |  |  |  |
Stock options |  | 1,606 |  | — |
Restricted shares |  | 3,905 |  | — |
Restricted performance shares |  | 4,915 |  | — |
Diluted weighted average shares outstanding |  | 1,257,045 |  | 1,227,007 |
Weighted average shares dilution adjustments - exclusions: (a) |  |  |  |  |
Stock options (b) |  | 7,199 |  | 12,429 |
Restricted shares |  | — |  | 3,625 |
Restricted performance shares |  | — |  | 4,786 |
| (a) |  | These adjustments were excluded, as they are anti-dilutive.
| (b) |  | Anti-dilutive stock options were determined using the Company’s average share price for the year. For the years ended December 31, 2017 and 2016, the average share price used was $4.00 and $3.91, respectively.

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