Earnings Per Share

12 Months Ended

Dec. 31, 2016

The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share:



	2016	2015	2014
Basic weighted average common shares outstanding	137,767,109	136,036,192	134,934,892
Effect of dilutive securities - stock awards	—	—	—
Diluted weighted average common shares outstanding	137,767,109	136,036,192	134,934,892

For the years ended December 31, 2016, 2015, and 2014, 0.9 million, 2.8 million, and 1.2 million, respectively, of common shares issuable upon the exercise of stock options were anti-dilutive and were excluded from the calculation of diluted earnings per share.

For the years ended December 31, 2016, 2015, and 2014, respectively, the total number of potentially dilutive options was 1.4 million, 1.4 million, and 2.4 million, respectively. Because the Company had a loss from continuing operations for the year, these dilutive options were not included in the computation of diluted net loss per common share since doing so would decrease the loss per share.