Earnings per Share

3 Months Ended

Mar. 31, 2019

20. 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,
	2019		2018
Earnings from continuing operations	$	105,705	$	109,410
Earnings from discontinued operations, net	—		22,025
Net earnings	$	105,705	$	131,435
Basic earnings per common share:
Earnings from continuing operations	$	0.73	$	0.71
Earnings from discontinued operations, net	$	—	$	0.14
Net earnings	$	0.73	$	0.85

Weighted average shares outstanding	145,087,000		154,520,000
Diluted earnings per common share:
Earnings from continuing operations	$	0.72	$	0.70
Earnings from discontinued operations, net	$	—	$	0.14
Net earnings	$	0.72	$	0.84

Weighted average shares outstanding	146,911,000		157,090,000

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


	Three Months Ended March 31,
	2019	2018
Weighted average shares outstanding - Basic	145,087,000	154,520,000
Dilutive effect of assumed exercise of SARs and vesting of performance shares and RSUs	1,824,000	2,570,000
Weighted average shares outstanding - Diluted	146,911,000	157,090,000

Diluted earnings per share amounts are computed using the weighted average number of common shares outstanding and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of SARs and vesting of performance shares and RSUs, as determined using the treasury stock method.

The weighted average number of anti-dilutive potential common shares excluded from the calculation above were approximately 42,000 and 13,000 for the three months ended March 31, 2019 and 2018, respectively.