Net Earnings Per Share

9 Months Ended

Sep. 30, 2015

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 September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Numerator for earnings per share:
Net earnings for basic and diluted earnings per share	$	73,072	$	52,857	$	171,482	$	127,509

Denominator for earnings per share:
Weighted average number of common shares outstanding	139,596		141,433		139,808		141,315
Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	929		1,980		1,454		2,441
Weighted average diluted shares outstanding	140,525		143,413		141,262		143,756

The effect of outstanding stock-based compensation awards for the three and nine months ended September 30, 2015, which in the aggregate consisted of 457,000 and 316,000 shares, respectively, and for the three and nine months ended September 30, 2014, which in the aggregate consisted of 142,000 and 85,000 shares, respectively, have been excluded for purposes of calculating diluted earnings per share since their inclusion would have had an anti-dilutive effect.