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Earnings Per Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share  
Earnings Per Share
Note 13.
Earnings Per Share

The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data):

  
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
  
2016
  
2015
  
2016
  
2015
 
Basic Net Earnings Per Common Shares:
            
Earnings from continuing operations
 
$
21,055
  
$
19,194
  
$
53,573
  
$
42,341
 
Loss from discontinued operations
  
(425
)
  
(728
)
  
(1,495
)
  
(1,549
)
Net earnings available to common stockholders
 
$
20,630
  
$
18,466
  
$
52,078
  
$
40,792
 
                 
Weighted average common shares outstanding
  
22,716
   
22,771
   
22,688
   
22,866
 
                 
Earnings from continuing operations per common share
 
$
0.93
  
$
0.84
  
$
2.36
  
$
1.85
 
Loss from discontinued operations per common share
  
(0.02
)
  
(0.03
)
  
(0.06
)
  
(0.07
)
Basic net earnings per common share
 
$
0.91
  
$
0.81
  
$
2.30
  
$
1.78
 
                 
Diluted Net Earnings Per Common Share:
                
Earnings from continuing operations
 
$
21,055
  
$
19,194
  
$
53,573
  
$
42,341
 
Loss from discontinued operations
  
(425
)
  
(728
)
  
(1,495
)
  
(1,549
)
Net earnings available to common stockholders
 
$
20,630
  
$
18,466
  
$
52,078
  
$
40,792
 
                 
Weighted average common shares outstanding
  
22,716
   
22,771
   
22,688
   
22,866
 
Plus incremental shares from assumed conversions:
                
Dilutive effect of restricted stock and performance-based stock
  
382
   
363
   
357
   
354
 
Dilutive effect of stock options
  
-
   
-
   
-
   
-
 
Weighted average common shares outstanding –Diluted
  
23,098
   
23,134
   
23,045
   
23,220
 
                 
Earnings from continuing operations per common share
 
$
0.91
  
$
0.83
  
$
2.32
  
$
1.82
 
Loss from discontinued operations per common share
  
(0.02
)
  
(0.03
)
  
(0.06
)
  
(0.06
)
Diluted net earnings per common share
 
$
0.89
  
$
0.80
  
$
2.26
  
$
1.76
 

The shares listed below were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):

  
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
  
2016
  
2015
  
2016
  
2015
 
Restricted and performance-based shares
  
297
   
315
   
326
   
338