EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Earnings Per Share, Basic and Diluted



	Three Months Ended March 31,
	2016		2015
	(In thousands)
Income (loss) for basic earning per share calculation:
Net income (loss) allocated to common shareholders	$	30,584	$	(11,732	)
Weighted average shares outstanding:
Basic weighted average shares outstanding	18,262		17,621
Effect of restricted stock units	7		—
Diluted weighted average shares outstanding	18,269		17,621

Antidilutive Securities Excluded from Computation of Earnings Per Share

The table below shows the number of shares that were excluded from the calculation of diluted income (loss) per share because their inclusion would be anti-dilutive to the calculation:



	Three Months Ended March 31,
	2016	2015
	(In thousands)
Restricted stock units, stock options and SARs	470	524