Dover Corporation Just Filed Its Quarterly Report: 19. Earnings per Sha...

19. 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,
 
2018
 
2017
Net earnings
$
131,435

 
$
172,247

Basic earnings per common share:
 
 
 
Net earnings
$
0.85

 
$
1.11

Weighted average shares outstanding
154,520,000

 
155,540,000

Diluted earnings per common share:
 
 
 
Net earnings
$
0.84

 
$
1.09

Weighted average shares outstanding
157,090,000

 
157,399,000



The following table is a reconciliation of the share amounts used in computing earnings per share:
 
Three Months Ended March 31,
 
2018
 
2017
Weighted average shares outstanding - Basic
154,520,000

 
155,540,000

Dilutive effect of assumed exercise of SARs and vesting of performance shares and RSUs
2,570,000

 
1,859,000

Weighted average shares outstanding - Diluted
157,090,000

 
157,399,000



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 13,000 for the three months ended March 31, 2018. There were no anti-dilutive shares for the three months ended March 31, 2017.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

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