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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings per Share [Abstract]  
Weighted-Average Shares Outstanding for Computation of Basic and Diluted Income per Common Share



 

 

 

 

 

 

 



 

 

 

 

 

 

 



Three Months Ended

 

Six Months Ended



June 30,

 

June 30,

(Weighted-average shares)

2017

 

2016

 

2017

 

2016

Basic method

172,557,978 

 

172,196,914 

 

172,482,223 

 

172,149,791 

Dilutive stock options and restricted stock units*

– 

 

602,913 

 

534,441 

 

– 

   Diluted method

172,557,978 

 

172,799,827 

 

173,016,664 

 

172,149,791 





     *Due to net losses recognized by the Company for the three-month period ended June 30, 2017 and for the six-month period ended June 30, 2016,  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

 

Six Months Ended



 

June 30,

 

June 30,



 

2017

 

2016

 

2017

 

2016

Antidilutive stock options excluded from diluted shares

 

5,578,634 

 

 

5,084,395 

 

 

4,903,084 

 

 

5,799,268 

Weighted average price of these options

$

46.64 

 

$

54.22 

 

$

52.01 

 

$

50.17