Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Calculation of basic and diluted weighted-average shares outstanding

The following is a calculation of basic and diluted weighted-average shares outstanding:

	Three Months Ended   September 30,		Nine Months Ended   September 30,
(In thousands)	2016	2015	2016	2015
Weighted-average shares - basic	465,149	413,846	454,060	413,636
Dilution effect of stock appreciation rights and stock awards at end of period	—	—	—	—
Weighted-average shares - diluted	465,149	413,846	454,060	413,636

Calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect

The following is a calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect:

	Three Months Ended   September 30,		Nine Months Ended   September 30,
(In thousands)	2016	2015	2016	2015
Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect due to net loss	1,784	1,692	1,326	1,390
Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method	—	—	1	3
Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect	1,784	1,692	1,327	1,393