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Earnings per Share | 9 Months Ended
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Sep. 30, 2024
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 September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Earnings from continuing operations | $ | 312,896 |  |  | $ | 261,983 |  |  | $ | 1,161,585 |  |  | $ | 685,685 |
Earnings from discontinued operations, net | 34,204 |  |  | 27,770 |  |  | 99,558 |  |  | 74,881 |
Net earnings | $ | 347,100 |  |  | $ | 289,753 |  |  | $ | 1,261,143 |  |  | $ | 760,566 |
Basic earnings per common share: |  |  |  |  |  |  |
Earnings from continuing operations | $ | 2.28 |  |  | $ | 1.87 |  |  | $ | 8.42 |  |  | $ | 4.90 |
Earnings from discontinued operations, net | $ | 0.25 |  |  | $ | 0.20 |  |  | $ | 0.72 |  |  | $ | 0.54 |
Net earnings | $ | 2.53 |  |  | $ | 2.07 |  |  | $ | 9.14 |  |  | $ | 5.44 |
Weighted average shares outstanding | 137,251,000 |  |  | 139,878,000 |  |  | 137,913,000 |  |  | 139,833,000 |
Diluted earnings per common share: |  |  |  |  |  |  |
Earnings from continuing operations | $ | 2.26 |  |  | $ | 1.86 |  |  | $ | 8.37 |  |  | $ | 4.88 |
Earnings from discontinued operations, net | $ | 0.25 |  |  | $ | 0.20 |  |  | $ | 0.72 |  |  | $ | 0.53 |
Net earnings | $ | 2.51 |  |  | $ | 2.06 |  |  | $ | 9.08 |  |  | $ | 5.41 |
Weighted average shares outstanding | 138,223,000 |  |  | 140,615,000 |  |  | 138,830,000 |  |  | 140,603,000 |
The following table is a reconciliation of the share amounts used in computing earnings per share:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Weighted average shares outstanding - basic | 137,251,000 |  |  | 139,878,000 |  |  | 137,913,000 |  |  | 139,833,000 |
Dilutive effect of assumed exercise of SARs and vesting of performance shares and RSUs | 972,000 |  |  | 737,000 |  |  | 917,000 |  |  | 770,000 |
Weighted average shares outstanding - diluted | 138,223,000 |  |  | 140,615,000 |  |  | 138,830,000 |  |  | 140,603,000 |
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 44,000 and 39,000 for the three months ended September 30, 2024 and 2023, respectively, and 63,000 and 54,000 for the nine months ended September 30, 2024 and 2023, respectively.

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