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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of information used in computing basic and diluted earnings per share
The following table sets forth a reconciliation of the information used in computing basic and diluted earnings per share:
 
Three Months Ended March 31,
 
2015
 
2014
Earnings from continuing operations
$
117,190

 
$
170,041

Earnings (loss) from discontinued operations, net
92,320

 
(9,903
)
Net earnings
$
209,510

 
$
160,138

 
 
 
 
Basic earnings (loss) per common share:
 
 
 
Earnings from continuing operations
$
0.72

 
$
1.00

Earnings (loss) from discontinued operations, net
$
0.57

 
$
(0.06
)
Net earnings
$
1.30

 
$
0.94

 
 
 
 
Weighted average shares outstanding
161,650,000

 
169,750,000

 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
Earnings from continuing operations
$
0.72

 
$
0.99

Earnings (loss) from discontinued operations, net
$
0.57

 
$
(0.06
)
Net earnings
$
1.28

 
$
0.93

 
 
 
 
Weighted average shares outstanding
163,323,000

 
172,013,000

Reconciliation of share amounts used in computing earnings per share
The following table is a reconciliation of the share amounts used in computing earnings per share:
 
Three Months Ended March 31,
 
2015
 
2014
Weighted average shares outstanding - Basic
161,650,000

 
169,750,000

Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares
1,673,000

 
2,263,000

Weighted average shares outstanding - Diluted
163,323,000

 
172,013,000