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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2017
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,
 
2017
 
2016
Net earnings
$
172,247

 
$
99,356

Basic earnings per common share:
 
 
 
Net earnings
$
1.11

 
$
0.64

Weighted average shares outstanding
155,540,000

 
155,064,000

Diluted earnings per common share:
 
 
 
Net earnings
$
1.09

 
$
0.64

Weighted average shares outstanding
157,399,000

 
156,161,000

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,
 
2017
 
2016
Weighted average shares outstanding - Basic
155,540,000

 
155,064,000

Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares
1,859,000

 
1,097,000

Weighted average shares outstanding - Diluted
157,399,000

 
156,161,000