Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 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 June 30,

Six months ended June 30,

2018

2019

2018

2019

Basic weighted average number of shares outstanding

316,992

309,062

316,733

308,879

Add: Dilutive effect of restricted stock units

33

48

Add: Dilutive effect of outstanding stock options

Add: Dilutive effect of performance stock units

42

155

Diluted weighted average number of shares outstanding

316,992

309,137

316,733

309,082

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

Restricted stock units

2,899

2,284

3,088

1,877

Outstanding stock options

639

538

646

554

Performance stock units

1,860

2,592

1,556

1,996

(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.