XML 52 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Common Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings per Common Share
Earnings per Common Share
Basic EPS is computed by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted EPS is similarly calculated except that the common shares outstanding for the period is increased using the treasury stock method to reflect the potential dilution that could occur if outstanding stock appreciation rights were exercised and stock awards were vested at the end of the applicable period.
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(In thousands)
 
2014
 
2013
 
2014
 
2013
Weighted-average shares - basic
 
416,173

 
420,986

 
416,785

 
420,664

Dilution effect of stock appreciation rights and stock awards at end of period
 
1,920

 
2,467

 
1,683

 
2,160

Weighted-average shares - diluted
 
418,093

 
423,453

 
418,468

 
422,824

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

 
1

 
461

 
3