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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Earnings from continuing operations
$
118,290

 
$
155,634

 
$
217,646

 
$
272,824

Earnings from discontinued operations, net

 
176,762

 

 
269,082

Net earnings
$
118,290

 
$
332,396

 
$
217,646

 
$
541,906

 
 
 
 
 
 
 
 
Basic earnings per common share:
 

 
 

 
 
 
 
Earnings from continuing operations
$
0.76

 
$
0.98

 
$
1.40

 
$
1.70

Earnings from discontinued operations, net
$

 
$
1.11

 
$

 
$
1.68

Net earnings
$
0.76

 
$
2.10

 
$
1.40

 
$
3.38

 
 
 
 
 
 
 
 
Weighted average shares outstanding
155,180,000

 
158,640,000

 
155,122,000

 
160,137,000

 
 
 
 
 
 
 
 
Diluted earnings per common share:
 

 
 

 
 
 
 
Earnings from continuing operations
$
0.76

 
$
0.97

 
$
1.39

 
$
1.69

Earnings from discontinued operations, net
$

 
$
1.10

 
$

 
$
1.66

Net earnings
$
0.76

 
$
2.07

 
$
1.39

 
$
3.35

 
 
 
 
 
 
 
 
Weighted average shares outstanding
156,595,000

 
160,398,000

 
156,414,000

 
161,876,000

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 June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Weighted average shares outstanding - Basic
155,180,000

 
158,640,000

 
155,122,000

 
160,137,000

Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares
1,415,000

 
1,758,000

 
1,292,000

 
1,739,000

Weighted average shares outstanding - Diluted
156,595,000

 
160,398,000

 
156,414,000

 
161,876,000