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Earnings per share ("EPS") (Tables)
12 Months Ended
Dec. 31, 2023
Earnings per share ("EPS") [Abstract]  
Calculation of Basic and Diluted Earnings Per Share
The components of the calculation of basic EPS and diluted EPS are as follows:
 
(Dollars in thousands)
 
2023
   
2022
   
2021
 
Profit/(loss) for the period used for calculation of EPS - basic
 
$
161,353
   
$
61,520
   
$
(11,521
)
Profit/(loss) for the period used for calculation of EPS - dilutive
 
$
161,353
   
$
61,520
   
$
(11,521
)
                         
Basic earnings per share:
                       
Weighted average shares outstanding - basic
   
162,178,499
     
164,692,954
     
169,089,325
 
                         
Diluted earnings per share:
                       
Weighted average shares outstanding - basic
   
162,178,499
     
164,692,954
     
169,089,325
 
Dilutive equity awards 1
   
178,236
     
157,137
     
-
 
Weighted average shares outstanding - dilutive
   
162,356,735
     
164,850,091
     
169,089,325
 

1
In 2023, 2022 and 2021, equity awards of nil, nil and 77,546, respectively, were excluded from the calculation of the dilutive weighted average shares outstanding due to being antidilutive.