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Income taxes (Tables)
9 Months Ended
Sep. 30, 2016
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
The Company's tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items arising in that quarter. In each quarter, the Company updates its estimate of the annual effective tax rate, and if the estimated annual tax rate changes, a cumulative adjustment is made in that quarter.
 
Three months ended
 
Nine months ended
(dollars in thousands)
September 30,
2016
 
September 30,
2015
 
September 30,
2016
 
September 30,
2015
Income tax expense (benefit)
$
(12,329
)
 
$
8,474

 
$
(43,562
)
 
$
22,975

Effective tax rate
10.6
%
 
31.1
%
 
12.6
%

24.6
%