Earnings from operations were $103.4 million, an increase of 8.1 percent over the third quarter of 2015. Net earnings decreased 2.2 percent to $65.1 million, while diluted net earnings per share for the third quarter were $0.42, compared with $0.43 in the prior year. The Companys diluted earnings per share for the third quarter of 2016 were negatively impacted by foreign currency translation and exchange losses of approximately $8.1 million, or $0.04 per diluted share. Read More The Companys effective tax rate increased to 24.2 percent in the quarter, and 19.9 percent for the first nine months.

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