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Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share EARNINGS (LOSS) PER SHARE
The following table presents the computations of basic and diluted net earnings (loss) per share for the periods indicated:
 
Three Months Ended
 
March 31,
 
December 31,
 
March 31,
 
2020
 
2019
 
2019
 
(Dollars in thousands, except per share data)
Basic Earnings (Loss) Per Share:
 
 
 
 
 
Net earnings (loss)
$
(1,433,111
)
 
$
117,881

 
$
112,604

Less: Earnings allocated to unvested restricted stock(1)
(939
)
 
(1,458
)
 
(1,163
)
Net earnings (loss) allocated to common shares
$
(1,434,050
)
 
$
116,423

 
$
111,441

 
 
 
 
 
 
Weighted-average basic shares and unvested restricted
 
 
 
 
 
stock outstanding
118,775

 
119,804

 
122,227

Less: Weighted-average unvested restricted stock
 
 
 
 
 
outstanding
(1,495
)
 
(1,566
)
 
(1,352
)
Weighted-average basic shares outstanding
117,280

 
118,238

 
120,875

 
 
 
 
 
 
Basic earnings (loss) per share
$
(12.23
)
 
$
0.98

 
$
0.92

 
 
 
 
 
 
Diluted Earnings (Loss) Per Share:
 
 
 
 
 
Net earnings (loss) allocated to common shares
$
(1,434,050
)
 
$
116,423

 
$
111,441

 
 
 
 
 
 
Weighted-average diluted shares outstanding
117,280

 
118,238

 
120,875

 
 
 
 
 
 
Diluted earnings (loss) per share
$
(12.23
)
 
$
0.98

 
$
0.92


________________________
(1)
Represents cash dividends paid to holders of unvested restricted stock, net of forfeitures, plus undistributed earnings amounts available to holders of unvested restricted stock, if any.