Earnings per Share

9 Months Ended

Sep. 30, 2014

Earnings per Share [Abstract]

Earnings per Share

Note I – Earnings per Share

Net income was used as the numerator in computing both basic and diluted income per Common share for the

three-month and nine-month periods ended September 30, 2014 and 2013.  The following table reconciles theweighted-average shares outstanding used for these computations.

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
(Weighted-average shares)	2014	2013	2014	2013
Basic method	177,535,503	186,938,328	179,259,573	188,914,000
Dilutive stock options and restricted stock units	1,320,575	1,399,183	1,318,512	1,331,166
Diluted method	178,856,078	188,337,511	180,578,085	190,245,166

The following table reflects certain options to purchase shares of common stock that were outstanding during the 2014 and 2013 periods but were not included in the computation of diluted EPS above because the incremental shares from assumed conversion were antidilutive.

	Three Months Ended				Nine Months Ended
		September 30,			September 30,
		2014	2013		2014		2013
Antidilutive stock options excluded from diluted shares		1,998,009		1,165,464		1,855,667		941,155
Weighted average price of these options	$	58.53	$	54.56	$	58.80	$	54.40