Adjusted net earnings from operations per share - diluted is calculated as adjusted net earnings from operations divided by the number of weighted average diluted shares outstanding.
Consolidated earnings from operations were $16.1 million for the third quarter of 2016, a decrease of 68% from the $49.8 million for the same period in 2015.
Consolidated earnings from operations for the first nine months of 2016 were $92.8 million, a decrease of 44% from $165.1 million for the comparable period in 2015.