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 common shares outstanding during the period.&amp;#xA0;Diluted earnings
 per share is similarly calculated using the treasury stock method
 except that the denominator is increased to reflect the potential
 dilution that would occur if dilutive securities at the end of the
 applicable period were exercised. Options to acquire 3,250,000
 shares of common stock were not included in the diluted weighted
 average shares outstanding as such effects would be
 anti-dilutive.&lt;/font&gt;&lt;/div&gt;
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