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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings per share (Tables) [Abstract]  
Calculation of basic and diluted Earnings Per Share
The components of the calculation of basic EPS and diluted EPS are as follows:

(Dollars in thousands):
 
2017
   
2016
   
2015
 
Profit/(loss) for the period used for calculation of EPS - basic
 
$
6,602
   
$
9,260
   
$
105,302
 
Interest and amortization on the convertible notes
 
$
-
           
$
11,340
 
Profit/(loss) for the period used for calculation of EPS - dilutive
 
$
6,602
   
$
9,260
   
$
116,641
 
 
                       
Basic earnings per share:
                       
Weighted average shares outstanding - basic
   
124,536,338
     
93,382,757
     
92,793,154
 
 
                       
Diluted earnings per share:
                       
Weighted average shares outstanding - basic
   
124,536,338
     
93,382,757
     
92,793,154
 
Dilutive equity awards
   
-
     
6,853
     
92,827
 
Dilutive shares related to convertible notes
   
-
     
-
     
19,212,240
 
Weighted average shares outstanding - dilutive
   
124,536,338
     
93,389,610
     
112,098,221