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(LOSS) EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share computations
The following are computations of basic and diluted earnings per share (in thousands except for per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Numerator for basic and diluted (loss) earnings per share:
 

 
 

 
 
 
 
Net (loss) income
$
(93,337
)
 
$
35,361

 
$
(55,705
)
 
$
68,765

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 
 
 
Basic shares outstanding
60,369

 
60,610

 
60,585

 
60,542

Dilutive effect of equity-based compensation awards

 
150

 

 
150

Dilutive shares outstanding
60,369

 
60,760

 
60,585

 
60,692

 
 
 
 
 
 
 
 
Basic (loss) earnings per share:
$
(1.55
)
 
$
0.58

 
$
(0.92
)
 
$
1.14

 
 

 
 

 
 

 
 

Diluted (loss) earnings per share:
$
(1.55
)
 
$
0.58

 
$
(0.92
)
 
$
1.13