Earnings per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share, Basic, Other Disclosures [Abstract]

Earnings per Share

EARNINGS PER SHARE

The following table details the number of shares used in calculating basic and diluted earnings per share:

	Quarter Ended   June 30,				Six Months Ended   June 30,
(Dollars in thousands, except per-share amounts)	2015		2014		2015		2014
Net income	$	711	$	16,270	$	6,367	$	36,620
Basic weighted-average shares outstanding	40,842,672		40,740,979		40,822,326		40,726,397
Incremental shares due to:
Performance shares	100,915		82,013		92,130		77,139
Restricted stock units	19,901		24,642		18,396		26,727
Stock options	—		2,619		—		2,778
Diluted weighted-average shares outstanding	40,963,488		40,850,253		40,932,852		40,833,041
Basic net income per share	$	0.02	$	0.40	$	0.16	$	0.90
Diluted net income per share	$	0.02	$	0.40	$	0.16	$	0.90
Antidilutive shares excluded from the calculation:
Performance shares	—		13,322		60,547		38,776
Restricted stock units	1,000		369		20,179		—
Total antidilutive shares excluded from the calculation	1,000		13,691		80,726		38,776