Common Stock Issued and Outstanding

12 Months Ended

Dec. 31, 2016

Stockholders; Equity, Common Stock Issued and Outstanding [Abstract]

Common Stock Issued and Outstanding

Note T – Common Stock Issued and Outstanding

Activity in the number of shares of Common Stock issued and outstanding for the three years ended December 31, 2016 is shown below.

(Number of shares outstanding)	2016	2015	2014
At beginning of year	172,034,711	177,499,513	183,406,513
Stock options exercised*	-	15,575	119,994
Restricted stock awards*	158,504	478,549	339,985
Employee stock purchase and thrift plans	8,962	8,387	6,739
Treasury shares purchased	-	(5,967,313)	(6,373,718)
At end of year	172,202,177	172,034,711	177,499,513

*Shares issued upon exercise of stock options and award of restricted stock are less than the amount reflected in Note J due to withholdings for statutory income taxes owed upon issuance of shares.