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Earnings Per Share | 6 Months Ended
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Jun. 30, 2021
Earnings Per Share [Abstract] |
Earnings Per Share | Note J – Earnings Per Share Net (loss) income attributable to Murphy was used as the numerator in computing both basic and diluted income per Common share for the three-month and six-month periods ended June 30, 2021 and 2020. The following table reports the weighted-average shares outstanding used for these computations.
| Three Months Ended June 30, |  | Six Months Ended June 30,
(Weighted-average shares) | 2021 |  | 2020 |  | 2021 |  | 2020
Basic method | 154,394,602 |  |  | 153,580,758 |  |  | 154,153,158 |  |  | 153,428,666 |
Dilutive stock options and restricted stock units ¹ | — |  |  | — |  |  | — |  |  | — |
Diluted method | 154,394,602 |  |  | 153,580,758 |  |  | 154,153,158 |  |  | 153,428,666 |
1 Due to a net loss recognized by the Company for the three-month and six-month periods ended June 30, 2021, no unvested stock awards were included in the computation of diluted earnings per share because the effect would have been antidilutive. The following table reflects certain options to purchase shares of common stock that were outstanding during the periods presented but were not included in the computation of diluted shares above because the incremental shares from the assumed conversion were antidilutive.
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Antidilutive stock options excluded from diluted shares | 1,379,481 |  |  | 2,187,235 |  |  | 1,592,812 |  |  | 2,396,920 |
Weighted average price of these options | $ | 33.79 |  |  | $ | 39.24 |  |  | $ | 35.07 |  |  | $ | 40.83 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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