EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

EARNINGS PER SHARE

Schedule of computation of basic and diluted net earnings (loss) per share

	Three Months Ended June 30, 2015			Three Months Ended June 30, 2014		Six Months Ended June 30, 2015			Six Months Ended June 30, 2014
	(in thousands, except for per share data)					(in thousands, except for per share data)
Net earnings (loss) applicable to common shareholders	$	(85,278	)	$	10,752	$	(187,552	)	$	18,959
Weighted average shares outstanding — basic	81,202,007			73,651,858		81,036,508			73,379,507
Effect of dilutive securities — restricted stock	—			—		—			—
Effect of dilutive securities — stock options	—			252,246		—			178,843
Weighted average shares outstanding - diluted	81,202,007			73,904,104		81,036,508			73,558,350
Basic net earnings (loss) per share	$	(1.05	)	$	0.15	$	(2.31	)	$	0.26
Diluted net earnings (loss) per share	$	(1.05	)	$	0.15	$	(2.31	)	$	0.26