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Earnings (Loss) Per Share (Table)
12 Months Ended
Dec. 31, 2014
Earnings 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 (dollars in thousands, except per share amounts):

                                                                                                                                                                                    

 

 

2014

 

2013

 

2012

 

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

 

$

50,892

 

$

31,085

 

$

(247,859

)

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Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

 

 

 

Weighted average shares—basic

 

 

35,349

 

 

36,788

 

 

38,418

 

Effect of dilutive securities

 

 

1,016

 

 

1,326

 

 

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Weighted average shares—diluted

 

 

36,365

 

 

38,114

 

 

38,418

 

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Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.44

 

$

0.84

 

$

(6.45

)

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Diluted

 

$

1.40

 

$

0.82

 

$

(6.45

)

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