Net Earnings Per Share Net Earnings Per Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

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,
	2017		2016
Numerator for earnings per share:
Net earnings for basic and diluted earnings per share	$	42,571	$	1,125
Denominator for earnings per share:
Weighted average number of common shares outstanding	136,359		137,496
Assumed exercise of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,880		1,283
Diluted shares outstanding	138,239		138,779

The effect of stock-based compensation awards for the three months ended March 31, 2017 and 2016 that aggregated 18,000 and 271,000 shares, respectively, have been excluded for purposes of diluted earnings per share since the effect of their inclusion would have been anti-dilutive.