NET INCOME PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Basic and Diluted Net Income (Loss) Per Share

Basic and diluted net income per share was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
Dollars in thousands, except per share amounts	2023		2022		2023		2022
Basic net income per share:
Net income	$	4,184	$	44,788	$	28,410	$	77,689
Weighted average common shares outstanding	80,966		83,168		81,418		83,400
Basic net income per common share	$	0.05	$	0.54	$	0.35	$	0.93
Diluted net income per share:
Net income	$	4,184	$	44,788	$	28,410	$	77,689
Weighted average common shares outstanding — Basic	80,966		83,168		81,418		83,400
Effect of dilutive securities:
Stock options and restricted stock	185		454		321		579
Weighted average common shares for diluted earnings per share	81,151		83,622		81,739		83,979
Diluted net income per common share	$	0.05	$	0.54	$	0.35	$	0.93