EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE

Schedule of reconciliation of the numerators and denominators of the basic and diluted net income per share from continuing operations

	Three Months Ended September 30						Nine Months Ended September 30
	2012			2011			2012			2011
	(dollars in thousands, except per share amounts)
Net income (loss) from continuing operations	$	5,336		$	(41,517	)	$	45		$	(44,388	)
Loss from discontinued operations		(23	)		—			(278	)		—
Net income (loss) available to common stockholders	$	5,313		$	(41,517	)	$	(233	)	$	(44,388	)
Shares outstanding:
Weighted average shares outstanding		28,047,046			27,880,204			27,997,360			27,800,075
Effect of diluted securities		368,962			—			325,533			—
Diluted shares outstanding		28,416,008			27,880,204			28,322,893			27,800,075
Basic net income (loss) per common share:
Continuing operations	$	0.19		$	(1.49	)	$	—		$	(1.60	)
Discontinued operations		—			—			(0.01	)		—
Basic net income (loss) per common share	$	0.19		$	(1.49	)	$	(0.01	)	$	(1.60	)
Diluted net income (loss) per common share:
Continuing operations	$	0.19		$	(1.49	)	$	—		$	(1.60	)
Discontinued operations		—			—			(0.01	)		—
Diluted net income (loss) per common share	$	0.19		$	(1.49	)	$	(0.01	)	$	(1.60	)

Schedule of anti-dilutive securities

	Three Months Ended September 30				Nine Months Ended September 30
	2012		2011		2012		2011
Weighted-average stock options outstanding		330,200		815,800		491,283		752,333
Weighted-average restricted stock units outstanding		—		246,100		—		285,484
		330,200		1,061,900		491,283		1,037,817