Earnings per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

17. Earnings per Share

The following table sets forth a reconciliation of the information used in computing basic and diluted earnings per share:

	Three Months Ended March 31,
	2013		2012
Earnings from continuing operations	$	196,989	$	186,409
Earnings from discontinued operations, net	13,014		9,654
Net earnings	$	210,003	$	196,063
Basic earnings per common share:
Earnings from continuing operations	$	1.14	$	1.01
Earnings from discontinued operations, net	$	0.08	$	0.05
Net earnings	$	1.21	$	1.07
Weighted average shares outstanding	173,448,000		183,737,000
Diluted earnings per common share:
Earnings from continuing operations	$	1.12	$	1.00
Earnings from discontinued operations, net	$	0.07	$	0.05
Net earnings	$	1.20	$	1.05
Weighted average shares outstanding	175,567,000		186,706,000

The following table is a reconciliation of the share amounts used in computing earnings per share:

	Three Months Ended March 31,
	2013	2012
Weighted average shares outstanding - Basic	173,448,000	183,737,000
Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares	2,119,000	2,969,000
Weighted average shares outstanding - Diluted	175,567,000	186,706,000

Diluted per share amounts are computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period.  Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and SARs, and vesting of performance shares and restricted shares, as determined using the treasury stock method.  For the three months ended March 31, 2013 and 2012, the weighted average number of anti-dilutive potential common shares excluded from the calculation above totaled 2,501,000 and 2,437,000, respectively.