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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
The following table represents the Company's basic and dilutive weighted-average shares:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands)
Basic weighted average shares
68,354

 
68,190

 
68,296

 
69,808

Effect of dilutive stock-based compensation awards
215

 
125

 
115

 
131

Diluted weighted average shares
68,569

 
68,315

 
68,411

 
69,939


The following awards were not included in the computation of diluted EPS because the impact of applying the treasury stock method was antidilutive or because certain conditions have not been met with respect to the Company's performance and market-based awards.
 
Three months ended September 30,
 
Nine months ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands)
Antidilutive:
 
Time-based
2,381

 
1,120

 
2,179

 
1,011

Market-based

 

 

 
56

Contingently issuable:
 
 
 
 
 
 
 
Performance-based
62

 
130

 
67

 
133

Market-based
387

 
167

 
416

 
112

Total stock-based awards excluded from diluted EPS
2,830

 
1,417

 
2,662

 
1,312


The Company has the intent and ability to settle the principal portion of its Notes in cash, and as such, has applied the treasury stock method, which has resulted in all underlying convertible shares being anti-dilutive as the Company's average stock price in the current quarter is less than the conversion price.