Net Earnings Per Share

6 Months Ended

Jun. 30, 2016

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 June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Numerator for earnings per share:
Net earnings for basic and diluted earnings per share	$	45,368	$	50,500	$	46,493	$	98,410

Denominator for earnings per share:
Weighted average number of common shares outstanding	137,861		140,063		137,686		139,916
Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,132		1,428		1,146		1,568
Weighted average diluted shares outstanding	138,993		141,491		138,832		141,484

The effect of outstanding stock-based compensation awards for the three and six months ended June 30, 2016, which in the aggregate consisted of 295,000 and 440,000 shares, respectively; and for the three and six months ended June 30, 2015, which in the aggregate consisted of 285,000 and 389,000 shares, respectively, have been excluded for purposes of calculating diluted earnings per share since their inclusion would have had an anti-dilutive effect.