EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2015

EARNINGS PER SHARE

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

	Three Months Ended September 30, 2015			Three Months Ended September 30, 2014		Nine Months Ended September 30, 2015			Nine Months Ended September 30, 2014
	(in thousands, except for per share data)					(in thousands, except for per share data)
Net earnings (loss) applicable to common shareholders	$	(186,063	)	$	3,723	$	(373,616	)	$	22,682
Weighted average shares outstanding — basic	81,203,466			78,549,255		81,092,772			75,121,693
Effect of dilutive securities — restricted stock	—			12,524		—			—
Effect of dilutive securities — stock options	—			312,440		—			192,473
Weighted average shares outstanding - diluted	81,203,466			78,874,219		81,092,772			75,314,166
Basic net earnings (loss) per share	$	(2.29	)	$	0.05	$	(4.61	)	$	0.30
Diluted net earnings (loss) per share	$	(2.29	)	$	0.05	$	(4.61	)	$	0.30