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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

14.  Earnings Per Share

The following is a reconciliation of weighted average shares for the basic and diluted shares computations (in millions):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Weighted average shares outstanding for basic net (loss) earnings per share

 

 

206.5

 

 

 

204.4

 

Effect of dilutive stock options and other equity awards

 

 

-

 

 

 

1.4

 

Weighted average shares outstanding for diluted net (loss) earnings per share

 

 

206.5

 

 

 

205.8

 

 

Since we incurred a net loss in the three-month period ended March 31, 2020, no dilutive stock options or other equity awards were included as diluted shares.  During the three-month period ended March 31, 2019, an average of 1.3 million options to purchase shares of common stock were not included in the computation of diluted earnings per share because the exercise prices of these options were greater than the average market price of our common stock.