Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Basic and Dilutive Earnings Per Share

The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of potentially dilutive securities. Potential dilutive common stock has no effect on income available to common stockholders.

F17: Basic and Dilutive Earnings Per Share
	For the Three Months Ended					For the Six Months Ended
	June 30, 2016		June 30, 2015			June 30, 2016		June 30, 2015
	(dollars in thousands, except for per share amounts)
Net income/(loss)	$	12,722	$	(126	)	$	25,223	$	1,894
Weighted average number of shares outstanding- basic	40,670,650		43,606,410			41,097,472		43,840,105
Effect of dilutive securities:
Restricted stock awards	7,449		—			7,236		5,138
Restricted stock units	25,095		—			15,789		3,393
Performance restricted stock units	—		—			—		3,700
Stock options	13,968		—			7,969		24,421
Total effect of dilutive securities	46,512		—			30,994		36,652
Weighted average number of shares outstanding - diluted	40,717,162		43,606,410			41,128,466		43,876,757
Basic earnings per share	$	0.31	$	—		$	0.61	$	0.04
Diluted earnings per share	$	0.31	$	—		$	0.61	$	0.04