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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings per Share [Abstract]  
Weighted-Average Shares Outstanding for Computation of Basic and Diluted Income per Common Share



 

 

 

 

 

 



 

 

 

 

 

 

(Weighted-average shares)

 

2018

 

2017

 

2016

Basic method

 

172,974,491 

 

172,524,061 

 

172,173,012 

Dilutive stock options 1 

 

1,234,274 

 

 –

 

 –

        Diluted method

 

174,208,765 

 

172,524,061 

 

172,173,012 



1 Due to a net loss recognized by the Company for the years ended December 31, 2017 and 2016, no unvested stock awards were included in the computation of diluted earnings per share because the effect would have been antidilutive.

Anti Dilutive Securities Not Included in Computation of Diluted EPS



 

 

 

 

 

 



 

 

 

 

 

 



 

2018

 

2017

 

2016

Antidilutive stock options excluded from diluted shares

 

3,942,296 

 

4,901,269 

 

5,757,435 

Weighted average price of these options

 

$46.77 

 

$45.74 

 

$48.46