Earnings per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

18. 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,
	2014			2013
Earnings from continuing operations	$	176,324		$	167,213
Earnings from discontinued operations, net	(16,186		)	42,790
Net earnings	$	160,138		$	210,003
Basic earnings per common share:
Earnings from continuing operations	$	1.04		$	0.96
Earnings from discontinued operations, net	$	(0.10	)	$	0.25
Net earnings	$	0.94		$	1.21
Weighted average shares outstanding	169,750,000			173,448,000
Diluted earnings per common share:
Earnings from continuing operations	$	1.02		$	0.95
Earnings from discontinued operations, net	$	(0.09	)	$	0.24
Net earnings	$	0.93		$	1.20
Weighted average shares outstanding	172,013,000			175,567,000

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

	Three Months Ended March 31,
	2014	2013
Weighted average shares outstanding - Basic	169,750,000	173,448,000
Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares	2,263,000	2,119,000
Weighted average shares outstanding - Diluted	172,013,000	175,567,000

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, 2014 and 2013, the weighted average number of anti-dilutive potential common shares excluded from the calculation above totaled 303,000 and 2,501,000, respectively.