EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2018

16.EARNINGS PER SHARE

A reconciliation of the weighted-average shares used in the basic and diluted earnings per common share computations is presented below (in thousands):

	Three-Months Ended		Six-Months Ended
	June 30,		June 30,
	2018	2017	2018	2017
Weighted-average shares outstanding:
Basic	559,867	567,910	562,917	567,384
Dilutive	6,485	10,110	7,314	10,335

Diluted	566,352	578,020	570,231	577,719

For the three-months ended June 30, 2018 and 2017, options and awards outstanding totaling 6.4 million shares and 8.8 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive. For the six-months ended June 30, 2018 and 2017, options and awards outstanding totaling 2.6 million shares and 8.4 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.