Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.5.0.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2016
Summary of Significant Accounting Policies  
Reconciliation of basic weighted average shares outstanding to diluted weighted average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

 

2015

 

2016

 

2015

 

2016

 

Basic weighted average number of shares outstanding

 

277,003

 

281,786

 

271,181

 

279,418

 

Add: Dilutive effect of non-vested restricted stock units

 

 —

 

 —

 

11

 

 —

 

Add: Dilutive effect of outstanding stock options

 

 —

 

 —

 

 —

 

 —

 

Add: Dilutive effect of performance stock units

 

 —

 

 —

 

 

 

 

 

Diluted weighted average number of shares outstanding

 

277,003

 

281,786

 

271,192

 

279,418

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

Non-vested restricted stock and restricted stock units

 

2,377

 

6,982

 

2,141

 

6,862

 

Outstanding stock options

 

644

 

706

 

364

 

713

 

Performance stock units

 

 —

 

724

 

 —

 

471

 


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

Summary of adjustments from early adoption of new accounting pronouncement

 

 

 

 

 

 

 

 

 

 

 

 

 

As Previously Reported

 

 

 

As Adjusted

 

 

 

Six Months Ended June 30, 2015

 

Adjustment
Effect

 

Six Months Ended June 30, 2015

 

Changes in accrued liabilities

 

$

10,904

 

 

4,513

 

 

15,417

 

Employee tax withholding for settlement of equity compensation awards

 

 

 —

 

 

(4,513)

 

 

(4,513)