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NET INCOME PER SHARE
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
Basic and diluted net income per share was as follows:
 Years Ended December 31,
 Dollars in thousands, except per share amounts202420232022
Basic net (loss) income per share:
Net (loss) income$(6,944)$67,741 $180,550 
Weighted average common shares outstanding77,010 80,089 82,997 
Basic net (loss) income per common share$(0.09)$0.85 $2.18 
Diluted net (loss) income per share:
Net (loss) income$(6,944)$67,741 $180,550 
Weighted average common shares outstanding — Basic77,010 80,089 82,997 
Effect of dilutive securities:
Stock options and restricted stock— 248 519 
Weighted average common shares for diluted earnings per share77,010 80,337 83,516 
Diluted net (loss) income per common share$(0.09)$0.84 $2.16 
Common stock of approximately 1.3 million and 0.6 million shares at December 31, 2024, and 2023 that are issuable through exercise of dilutive securities, respectively, were not included in the computation of diluted net income per share because their effect would have been anti-dilutive.