Earnings Per Share

3 Months Ended

Mar. 31, 2017

Basic EPS is computed by dividing net income by the weighted-average number of shares of common stock outstanding for the period. The weighted-average shares outstanding for diluted EPS includes the incremental effects of the various long-term incentive compensation plans. The computation of diluted average common shares is as follows:



	Three Months Ended
	March 31,
(in thousands)	2017	2016
Denominator
Basic average common shares outstanding	323,681	320,281
Dilutive potential common shares:
Shares contingently issuable under employee stock plans	360	45
Shares restricted under employee stock plans	1,265	2,134
Diluted Average Common Shares	325,306	322,460