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Basic and Diluted Earnings per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Share
Basic and Diluted Earnings per Share
Diluted earnings attributable to shareholders per share is computed using the weighted average number of common shares and dilutive potential common shares outstanding. Dilutive potential shares represent outstanding stock options, including purchase options under the Company's employee stock purchase plan and unvested restricted stock units. Basic earnings attributable to shareholders per share is calculated using the weighted average number of common shares outstanding without taking into consideration dilutive potential common shares outstanding.
The following table reconciles the numerator and the denominator of the basic and diluted per share computations for earnings attributable to shareholders:
 
Three months ended 
 
March 31,
(Amounts in thousands, except per share amounts)
Net earnings
attributable to
shareholders
 
Weighted average
shares
 
Earnings per share
2018
 
 
 
 
 
Basic earnings attributable to shareholders
$
135,692

 
175,900

 
$
0.77

Effect of dilutive potential common shares

 
3,516

 

Diluted earnings attributable to shareholders
$
135,692

 
179,416

 
$
0.76

2017
 
 
 
 
 
Basic earnings attributable to shareholders
$
93,264

 
180,062

 
$
0.52

Effect of dilutive potential common shares

 
2,032

 

Diluted earnings attributable to shareholders
$
93,264

 
182,094

 
$
0.51


 
 
 
 
 
 

The following potential common shares have been excluded from the computation of diluted earnings per share because the effect would have been antidilutive:
 
Three months ended
 
March 31,
 
2018
 
2017
Shares

 
3,751