Net Earnings Per Share Net Earnings Per Share

9 Months Ended

Sep. 30, 2017

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 September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Numerator for earnings per share:
Net earnings for basic and diluted earnings per share	$	63,529	$	58,633	$	157,513	$	105,126
Denominator for earnings per share:
Weighted average number of common shares outstanding	137,849		136,963		137,030		137,438
Assumed exercise of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,570		975		1,823		1,156
Diluted shares outstanding	139,419		137,938		138,853		138,594

The effect of stock-based compensation awards for the three and nine months ended September 30, 2017, which in aggregate consisted of 147,000 and 83,000 shares, respectively; and for the three and nine months ended September 30, 2016, which in the aggregate consisted of 322,000 and 317,000 shares, respectively, have been excluded for purposes of diluted earnings per share since the effect of their inclusion would have been anti-dilutive.