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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2016
Summary of Significant Accounting Policies  
Reconciliation of basic weighted average shares outstanding to diluted weighted average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30,

 

Nine months ended September 30,

 

 

 

2015

 

2016

 

2015

 

2016

 

Basic weighted average number of shares outstanding

 

277,007

 

306,785

 

273,145

 

288,607

 

Add: Dilutive effect of non-vested restricted stock units

 

8

 

1,835

 

9

 

 —

 

Add: Dilutive effect of outstanding stock options

 

 —

 

 —

 

 —

 

 —

 

Add: Dilutive effect of performance stock units

 

 —

 

37

 

 —

 

 —

 

Diluted weighted average number of shares outstanding

 

277,015

 

308,657

 

273,154

 

288,607

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of outstanding equity awards excluded from calculation of diluted earnings per common share(1):

 

 

 

 

 

 

 

 

 

Non-vested restricted stock and restricted stock units

 

2,483

 

1,251

 

2,240

 

6,899

 

Outstanding stock options

 

743

 

693

 

492

 

706

 

Performance stock units

 

 —

 

660

 

 —

 

577

 


(1)   The potential dilutive effects of these awards were excluded from the computation of earnings per common share—assuming dilution because the inclusion of these awards would have been anti-dilutive.

Summary of adjustments from early adoption of new accounting pronouncement

 

 

 

 

 

 

 

 

 

 

 

 

 

As Previously Reported

 

 

 

As Adjusted

 

 

 

Nine Months Ended September 30, 2015

 

Adjustment
Effect

 

Nine Months Ended September 30, 2015

 

Changes in accrued liabilities

 

$

29,537

 

 

4,554

 

 

34,091

 

Employee tax withholding for settlement of equity compensation awards

 

 

 —

 

 

(4,554)

 

 

(4,554)