Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2019

The following table sets forth a reconciliation of the information used in computing basic and diluted earnings per share:


	Years Ended December 31,
	2019		2018		2017
Earnings from continuing operations	$	677,918	$	591,145	$	746,663
(Loss) earnings from discontinued operations, net	—		(20,878)		65,002
Net earnings	$	677,918	$	570,267	$	811,665
Basic earnings per common share:
Earnings from continuing operations	$	4.67	$	3.94	$	4.80
(Loss) earnings from discontinued operations, net	$	—	$	(0.14)	$	0.42
Net earnings	$	4.67	$	3.80	$	5.21

Weighted average basic shares outstanding	145,198,000		149,874,000		155,685,000
Diluted earnings per common share:
Earnings from continuing operations	$	4.61	$	3.89	$	4.73
(Loss) earnings from discontinued operations, net	$	—	$	(0.14)	$	0.41
Net earnings	$	4.61	$	3.75	$	5.15

Weighted average diluted shares outstanding	146,992,000		152,133,000		157,744,000

The following table is a reconciliation of the share amounts used in computing earnings per share:


	Years Ended December 31,
	2019	2018	2017
Weighted average shares outstanding - Basic	145,198,000	149,874,000	155,685,000
Dilutive effect of assumed exercise of SARs and vesting of performance shares and RSUs	1,794,000	2,259,000	2,059,000
Weighted average shares outstanding - Diluted	146,992,000	152,133,000	157,744,000