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Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings per Common Share  
Calculation of basic and diluted weighted-average shares outstanding

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

(In thousands)

 

2014

 

2013

 

2014

 

2013

 

Weighted-average shares - basic

 

417,291

 

420,698

 

417,097

 

420,500

 

Dilution effect of stock appreciation rights and stock awards at end of period

 

1,801

 

2,792

 

1,645

 

2,484

 

Weighted-average shares - diluted

 

419,092

 

423,490

 

418,742

 

422,984

 

 

 

 

 

 

 

 

 

 

 

Weighted-average stock awards and shares excluded from diluted earnings per share due to the anti-dilutive effect

 

2

 

2

 

409

 

574