Net (Loss) Income Per Common Share (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Reconciliation of Numerator and Denominator of Earning Per Common Share

The reconciliation of the numerator and the denominator of the earnings per common share is as follows:


	Years ended December 31,
(Dollar amounts in thousands, except per share data)	2013			2012		2011
Net (loss) income	$	(24,621	)	$	77,366	$	24,214

Weighted average common shares outstanding		78,914,310			72,687,622		72,543,500
Weighted average potential dilutive common shares⁽¹⁾⁽²⁾		—			3,948,795		710,298

Weighted average common shares outstanding—assuming dilution		78,914,310			76,636,417		73,253,798

Net (loss) income per common share—basic	$	(0.31	)	$	1.06	$	0.33

Net (loss) income per common share—diluted	$	(0.31	)	$	1.01	$	0.33

⁽¹⁾	Potential common shares consist of common stock issuable under the assumed exercise of stock options and restricted stock awards using the treasury stock method.

⁽²⁾

For the year ended December 31, 2013, 2,325,209 potential common shares consisting of common stock under the assumed exercise of stock options and restricted stock awards using the treasury stock method were not included in the computation of the diluted net (loss) income per share since their inclusion would have an antidilutive effect.