Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

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):

	June 30,
	2013		2012
Three Months Ended
Net income (loss) for basic and diluted earnings (loss) per share	$	5,086	$	(247,096	)
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	36,956		38,607
Effect of dilutive securities	1,044		—
Average common shares used in diluted computation	38,000		38,607
Earnings (loss) per share:
Basic	$	0.14	$	(6.40	)
Diluted	$	0.13	$	(6.40	)
Six Months Ended
Net income (loss) for basic and diluted earnings (loss) per share	$	13,708	$	(241,638	)
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	37,166		38,859
Effect of dilutive securities	1,205		—
Average common shares used in diluted computation	38,371		38,859
Earnings (loss) per share:
Basic	$	0.37	$	(6.22	)
Diluted	$	0.36	$	(6.22	)

Summary of anti-dilutive equity awards not included in the detailed earnings per share computations

The following is a summary of anti-dilutive equity awards not included in the detailed earnings per share computations (amounts in thousands):

	June 30,
	2013	2012
Three months ended	385	3,659
Six months ended	450	3,634