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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings (Loss) Per Share  
Reconciliation of the basic and diluted earnings per share computations

The following is a reconciliation of the basic and diluted earnings per share computations for the years ended December 31 (dollars in thousands, except per share amounts):

 
  2013   2012   20111  

Net income (loss) for basic and diluted earnings per share

  $ 31,085   $ (247,859 ) $ (179,789 )
               
               

Shares of common stock and common stock equivalents:

                   

Weighted average shares—basic

    36,788     38,418     40,691  

Effect of dilutive securities

    1,326          
               

Weighted average shares—diluted

    38,114     38,418     40,691  
               
               

Earnings (loss) per share:

                   

Basic

  $ 0.84   $ (6.45 ) $ (4.42 )
               
               

Diluted

  $ 0.82   $ (6.45 ) $ (4.42 )