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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings per Share [Abstract]  
Weighted-Average Shares Outstanding for Computation of Basic and Diluted Income per Common Share



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Three Months Ended

 

Nine Months Ended

 



September 30,

 

September 30,

 

(Weighted-average shares)

2018

 

2017

 

2018

 

2017

 

Basic method

173,047,246 

 

172,572,873 

 

172,949,450 

 

172,509,418 

 

Dilutive stock options and restricted stock units

1,128,021 

 

– 

1

1,252,310 

 

– 

1

   Diluted method

174,175,267 

 

172,572,873 

 

174,201,760 

 

172,509,418 

 

1Due to a net loss in the three-month and nine-month periods ended September 30, 2017, no unvested stock awards were included in the computation of diluted earnings per shares because the effect would have been anti-dilutive.

Anti Dilutive Securities Not Included in Computation of Diluted EPS



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended

 

Nine Months Ended



 

September 30,

 

September 30,



 

2018

 

2017

 

2018

 

2017

Antidilutive stock options excluded from diluted shares

 

2,870,549 

 

 

5,257,718 

 

 

3,544,087 

 

 

5,578,495 

Weighted average price of these options

$

54.06 

 

$

46.46 

 

$

50.49 

 

$

46.86