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Computation of Earnings Per Ordinary Share and Ordinary Share Equivalent (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Calculation of earnings per share
The following table sets forth the computation of basic and diluted earnings per ordinary share for the three months ended March 31, 2015 and 2014:
 
Three Months Ended March 31,
(U.S. dollars in thousands, except per share amounts)
2015
 
2014
 
 
 
 
Basic earnings per ordinary share & ordinary share equivalents outstanding:
Net income (loss) attributable to ordinary shareholders
$
36,281

 
$
255,717

Weighted average ordinary shares outstanding, in thousands - basic
255,724

 
276,337

Basic earnings per ordinary share & ordinary share equivalents outstanding
$
0.14

 
$
0.93

 
 
 
 
Diluted earnings per ordinary share & ordinary share equivalents outstanding:
Weighted average ordinary shares outstanding, in thousands - basic
255,724

 
276,337

Impact of share-based compensation and certain conversion features, in thousands
4,980

 
4,121

Weighted average ordinary shares outstanding, in thousands - diluted
260,704

 
280,458

Diluted earnings per ordinary share & ordinary share equivalents outstanding
$
0.14

 
$
0.91

Dividends per ordinary share
$
0.16

 
$
0.16