Net Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Net Earnings Per Share

Net Earnings Per Share

The following table sets forth the reconciliation of the numerator and denominator utilized in the computation of basic and diluted earnings per share (in thousands):

	Three Months Ended March 31,
	2015		2014
Numerator for earnings per share:
Net earnings for basic and diluted earnings per share	$	47,910	$	29,894
Denominator for earnings per share:
Weighted average number of common shares outstanding	139,768		140,932
Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,704		2,896
Weighted average diluted shares outstanding	141,472		143,828

For the three months ended March 31, 2015 and 2014, stock-based compensation awards which aggregated 248,000 and 100,000 shares, respectively, have been excluded for purposes of calculating diluted earnings per share since their inclusion would have had an anti-dilutive effect.