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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2016
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,
 
2016
 
2015
Earnings from continuing operations
$
99,356

 
$
117,190

Earnings from discontinued operations, net

 
92,320

Net earnings
$
99,356

 
$
209,510

 
 
 
 
Basic earnings per common share:
 
 
 
Earnings from continuing operations
$
0.64

 
$
0.72

Earnings from discontinued operations, net
$

 
$
0.57

Net earnings
$
0.64

 
$
1.30

 
 
 
 
Weighted average shares outstanding
155,064,000

 
161,650,000

 
 
 
 
Diluted earnings per common share:
 
 
 
Earnings from continuing operations
$
0.64

 
$
0.72

Earnings from discontinued operations, net
$

 
$
0.57

Net earnings
$
0.64

 
$
1.28

 
 
 
 
Weighted average shares outstanding
156,161,000

 
163,323,000

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,
 
2016
 
2015
Weighted average shares outstanding - Basic
155,064,000

 
161,650,000

Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares
1,097,000

 
1,673,000

Weighted average shares outstanding - Diluted
156,161,000

 
163,323,000