WEIGHTED AVERAGE NUMBER OF SHARES DILUTED (in millions):
|
| | | | | | | | |
| 2015 | | 2016 | | 2017 |
Weighted average number of shares (basic) | 155.8 |
| | 141.8 |
| | 143.1 |
|
Dilutive effect of outstanding awards under stock-based compensation plans | 2.1 |
| | 2.1 |
| | 2.1 |
|
Weighted average number of shares (diluted) | 157.9 |
| | 143.9 |
| | 145.2 |
|
For the year ended December 31, 2017, we excluded 0.2 million of stock-based awards (year ended December 31, 2016 — 0.3 million; year ended December 31, 2015 — 0.1 million) from the diluted weighted average per share calculation as they were out-of-the-money.
References to shares in this note 23 are to our subordinate voting shares and our multiple voting shares taken collectively.
