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Earnings per Share
6 Months Ended
Jun. 30, 2025
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 June 30,Six Months Ended June 30,
 2025202420252024
Earnings from continuing operations$280,130 $246,587 $519,371 $848,689 
(Loss) earnings from discontinued operations, net(1,066)35,235 (9,486)65,354 
Net earnings$279,064 $281,822 $509,885 $914,043 
Basic earnings per common share:  
Earnings from continuing operations$2.04 $1.79 $3.78 $6.14 
(Loss) earnings from discontinued operations, net$(0.01)$0.26 $(0.07)$0.47 
Net earnings$2.03 $2.05 $3.71 $6.61 
Weighted average shares outstanding137,226,000 137,443,000 137,261,000 138,247,000 
Diluted earnings per common share:  
Earnings from continuing operations$2.03 $1.78 $3.76 $6.10 
(Loss) earnings from discontinued operations, net$(0.01)$0.25 $(0.07)$0.47 
Net earnings$2.02 $2.04 $3.69 $6.57 
Weighted average shares outstanding137,974,000 138,404,000 138,132,000 139,136,000 

The following table is a reconciliation of the share amounts used in computing earnings per share:
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Weighted average shares outstanding - basic137,226,000 137,443,000 137,261,000 138,247,000 
Dilutive effect of assumed exercise of SARs and vesting of performance shares and RSUs748,000 961,000 871,000 889,000 
Weighted average shares outstanding - diluted137,974,000 138,404,000 138,132,000 139,136,000 

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 61,000 and 37,000 for the three months ended June 30, 2025 and 2024, respectively and 51,000 and 72,000 for the six months ended June 30, 2025 and 2024, respectively.