NET INCOME PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
Dollars in thousands, except per share amounts	2023		2022		2023		2022
Basic net income per share:
Net income	$	19,497	$	49,915	$	47,907	$	127,604
Weighted average common shares outstanding	79,690		83,042		80,842		82,955
Basic net income per common share	$	0.24	$	0.60	$	0.59	$	1.54
Diluted net income per share:
Net income	$	19,497	$	49,915	$	47,907	$	127,604
Weighted average common shares outstanding — Basic	79,690		83,042		80,842		82,955
Effect of dilutive securities:
Stock options and restricted stock	121		357		270		521
Weighted average common shares for diluted earnings per share	79,811		83,399		81,112		83,476
Diluted net income per common share	$	0.24	$	0.60	$	0.59	$	1.53