Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

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,
	2015			2014
Three Months Ended
Net (loss) income for basic and diluted (loss) earnings per share	$	(10,210	)	$	12,926
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	34,076			35,720
Effect of dilutive securities	—			921
Average common shares used in diluted computation	34,076			36,641
(Loss) earnings per share:
Basic	$	(0.30	)	$	0.36
Diluted	$	(0.30	)	$	0.35
Six Months Ended
Net income for basic and diluted earnings per share	$	6,523		$	26,546
Shares of common stock and common stock equivalents:
Average common shares used in basic computation	34,172			35,900
Effect of dilutive securities	1,157			1,033
Average common shares used in diluted computation	35,329			36,933
Earnings per share:
Basic	$	0.19		$	0.74
Diluted	$	0.18		$	0.72

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 (share units in thousands).

	June 30,
	2015	2014
Three months ended	3,294	83
Six months ended	7	220