INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2018

Summary of Benefit from Income Taxes and Discrete Tax Items

The Company computes its benefit from income taxes by applying the estimated annual effective income tax rate to year to date (loss)/income before benefit from income taxes and adjusts for discrete tax items recorded in the period.

	Six Months Ended              June 30,
(Dollars in thousands)	2018		2017
(Benefit) from income taxes	$	(15,103)	$	(508)
Effective income tax rate		113%		(1)%