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EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2013
EARNINGS PER COMMON SHARE  
Calculation of basic and diluted weighted-average shares outstanding

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

(In thousands)

 

2013

 

2012

 

2013

 

2012

 

Weighted-average shares - basic

 

420,986

 

419,312

 

420,664

 

418,866

 

Dilution effect of stock appreciation rights and stock awards at end of period

 

2,467

 

3,140

 

2,160

 

3,128

 

Weighted-average shares - diluted

 

423,453

 

422,452

 

422,824

 

421,994

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares excluded from diluted earnings per share due to the anti-dilutive effect

 

1

 

92

 

3

 

204