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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings per Share [Abstract]  
Weighted-Average Shares Outstanding for Computation of Basic and Diluted Income per Common Share



 

 

 



 

 

 



Three Months Ended



March 31,

(Weighted-average shares)

2016

 

2015

Basic method

172,114,012 

 

177,734,159 

Dilutive stock options and restricted stock units*

– 

 

507,457 

   Diluted method

172,114,012 

 

178,241,616 





     *Due to a net loss, recognized by the Company for the 2016 period, no unvested stock awards were included in the computation of diluted earnings per share because the effect would have been anti-dilutive.

Anti Dilutive Securities Not Included in Computation of Diluted EPS



 

 

 

 

 



 

 

 

 

 



Three Months Ended



 

March 31,



 

2016

 

2015

Antidilutive stock options excluded from diluted shares

 

5,714,823 

 

 

3,314,751 

Weighted average price of these options

$

51.07 

 

$

57.19