Earnings Per Share

12 Months Ended

Dec. 31, 2018

Basic EPS is computed by dividing net income attributable to common shareholders 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 when the impact of such plans would be dilutive. The calculation of diluted earnings per share excludes the impact of forward agreements (see Note 12, "Equity"), which had an anti-dilutive effect for the periods outstanding. The computation of diluted average common shares for the year ended December 31, 2018 is not presented as we are presenting a net loss on the Statements of Consolidated Income (Loss) for the period, and any incremental shares would have an anti-dilutive impact on EPS. The computation of diluted average common shares is as follows:



Year Ended December 31, (in thousands)	2017	2016
Denominator
Basic average common shares outstanding	329,388	321,805
Dilutive potential common shares:
Shares contingently issuable under employee stock plans	547	165
Shares restricted under stock plans	821	1,554
Diluted Average Common Shares	330,756	323,524