Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share

Schedule of computation of basic and diluted earnings per share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(Dollars and shares in thousands, except for per share amounts)	2020		2019		2020		2019
Basic (loss) earnings per common share:
Net (loss) income	$	(84,935)	$	41,460	$	(60,825)	$	85,827
Weighted-average basic common shares		43,318		35,089		38,439		35,268
Basic (loss) earnings per common share	$	(1.96)	$	1.18	$	(1.58)	$	2.43
Diluted (loss) earnings per share:
Net (loss) income	$	(84,935)	$	41,460	$	(60,825)	$	85,827
Weighted-average basic common shares		43,318		35,089		38,439		35,268
Effect of dilutive securities (1)		—		211		—		193
Weighted-average dilutive shares		43,318		35,300		38,439		35,461
Diluted (loss) earnings per common share	$	(1.96)	$	1.17	$	(1.58)	$	2.42

Schedule of anti-dilutive securities excluded from computation of diluted earnings per common share

	Three Months Ended June 30,										Six Months Ended June 30,
(Dollars in thousands)	2020					2019					2020					2019
Number of shares					296,178					63,313					296,178					63,313
Range of exercise prices	$	16.66	to	$	91.35	$	69.48	to	$	91.35	$	16.66	to	$	91.35	$	69.48	to	$	91.35