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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Earnings per share for 2022, 2021, and 2020 were as follows (amounts in thousands, except per share data):
202220212020
Net income (loss) applicable to common shareholders$176,302 $49,586 $(60,388)
Determination of shares:
Weighted average shares outstanding (basic)63,040 62,100 60,818 
Effect of restricted stock and stock options651 585 — 
Weighted average shares outstanding (diluted)63,691 62,685 60,818 
Earnings per share:
   Basic$2.80 $0.80 $(0.99)
   Diluted$2.77 $0.79 $(0.99)
The effect of restricted stock and stock options has been excluded for 2020 as the effect would have been antidilutive. The weighted average share amount excluded for restricted stock and stock options was 0.4 million shares for 2020.