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Earnings per share ("EPS")
 12 Months Ended
Dec. 31, 2021
Earnings per share ("EPS") [Abstract]  
Earnings per share ("EPS")
Note 5 - Earnings per share (“EPS”)
 
The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period. The computation of diluted earnings per share assumes the exercise of all dilutive stock options and restricted shares using the treasury stock method.
 
The components of the calculation of basic EPS and diluted EPS are as follows:
 
(Dollars in thousands)
  
2021
    
2020
    
2019
  
Profit/(loss) for the period used for calculation of EPS - basic
  
$
(11,521
)
  
$
266,266
    
$
73,679
  
Interest and amortization on the convertible notes
  
$
-
    
$
6,766
    
$
12,177
  
Profit/(loss) for the period used for calculation of EPS - dilutive
  
$
(11,521
)
  
$
273,032
    
$
85,856
  
                         
Basic earnings per share:
                        
Weighted average shares outstanding - basic
    
169,089,325
      
155,712,886
      
143,437,164
  
                         
Diluted earnings per share:
                        
Weighted average shares outstanding - basic
    
169,089,325
      
155,712,886
      
143,437,164
  
Dilutive equity awards *
    
-
      
65,873
      
133,342
  
Dilutive shares related to convertible notes
    
-
      
14,275,217
      
24,589,370
  
Weighted average shares outstanding - dilutive
    
169,089,325
      
170,053,975
      
168,159,876
  


*In 2021, 77,546 equity awards were not included in the calculation of the dilutive weighted average shares outstanding due to being anti-dilutive