Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Summary of Significant Accounting Policies  
Reconciliation of basic weighted average shares outstanding to diluted weighted average shares outstanding

 

The following is a reconciliation of the Company’s basic weighted average shares outstanding to diluted weighted average shares outstanding during the periods presented (in thousands): 

 

 

 

 

 

 

 

 

Three months ended March 31,

 

 

 

2018

 

2019

 

Basic weighted average number of shares outstanding

 

316,471

 

308,694

 

Add: Dilutive effect of restricted stock units

 

401

 

80

 

Add: Dilutive effect of outstanding stock options

 

 —

 

 —

 

Add: Dilutive effect of performance stock units

 

39

 

14

 

Diluted weighted average number of shares outstanding

 

316,911

 

308,788

 

 

 

 

 

 

 

Weighted average number of outstanding equity awards excluded from calculation of diluted earnings per common share (1):

 

 

 

 

 

Restricted stock units

 

421

 

1,445

 

Outstanding stock options

 

653

 

570

 

Performance stock units

 

1,189

 

1,721

 


(1)   The potential dilutive effects of these awards were excluded from the computation of earnings (loss) per common share—assuming dilution because the inclusion of these awards would have been anti-dilutive.