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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share  
Earnings Per Share
Note 12. 
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,
 
  
2015
  
2014
  
2015
  
2014
 
Basic Net Earnings Per Common Shares:
        
Earnings from continuing operations
 
$
19,194
  
$
17,806
  
$
42,341
  
$
41,382
 
Loss from discontinued operations
  
(728
)
  
(8,240
)
  
(1,549
)
  
(9,451
)
Net earnings available to common stockholders
 
$
18,466
  
$
9,566
  
$
40,792
  
$
31,931
 
                 
Weighted average common shares outstanding
  
22,771
   
22,885
   
22,866
   
22,902
 
                 
Earnings from continuing operations per common share
 
$
0.84
  
$
0.78
  
$
1.85
  
$
1.81
 
Loss from discontinued operations per common share
  
(0.03
)
  
(0.36
)
  
(0.07
)
  
(0.42
)
Basic net earnings per common share
 
$
0.81
  
$
0.42
  
$
1.78
  
$
1.39
 
                 
Diluted Net Earnings Per Common Share:
                
Earnings from continuing operations
 
$
19,194
  
$
17,806
  
$
42,341
  
$
41,382
 
Loss from discontinued operations
  
(728
)
  
(8,240
)
  
(1,549
)
  
(9,451
)
Net earnings available to common stockholders
 
$
18,466
  
$
9,566
  
$
40,792
  
$
31,931
 
                 
Weighted average common shares outstanding
  
22,771
   
22,885
   
22,866
   
22,902
 
Plus incremental shares from assumed conversions:
                
Dilutive effect of restricted stock and performance-based stock
  
363
   
280
   
354
   
273
 
Dilutive effect of stock options
  
-
   
4
   
-
   
6
 
Weighted average common shares outstanding – Diluted
  
23,134
   
23,169
   
23,220
   
23,181
 
                 
Earnings from continuing operations per common share
 
$
0.83
  
$
0.77
  
$
1.82
  
$
1.79
 
Loss from discontinued operations per common share
  
(0.03
)
  
(0.36
)
  
(0.06
)
  
(0.41
)
Diluted net earnings per common share
 
$
0.80
  
$
0.41
  
$
1.76
  
$
1.38
 

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,
 
  
2015
  
2014
  
2015
  
2014
 
Stock options
  
-
   
6
   
-
   
4
 
Restricted and performance-based shares
  
315
   
286
   
338
   
298