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Earnings Per Share
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE J – Earnings Per Share
 
We report our earnings per share using the two-class method. The income per share for each class of common stock is calculated assuming 100% of our earnings are distributed as dividends to each class of common stock based on their contractual rights.

The Common Stock of the Company has a preferential dividend rate of at least 105% of the dividend paid on the Class A Common Stock. The Class A Common Stock, which has ten votes per share as opposed to one vote per share for the Common Stock (on all matters other than the election of directors), may be converted at any time on a one-for-one basis into Common Stock at the option of the holder of the Class A Common Stock.
 
The following is a reconciliation of the earnings and number of shares used in calculating the diluted earnings per share for Common Stock and Class A Common Stock (in thousands):
 
   
Three Months Ended
March 31,
 
   
2013
  
2012
 
Numerator:
      
Common:
      
Distributed earnings
 $780  $- 
Undistributed earnings
  6,503   2,126 
Basic
  7,283   2,126 
Class A Common earnings
  977   331 
Diluted
 $8,260  $2,457 
          
Class A Common:
        
Distributed earnings
 $103  $- 
Undistributed earnings
  874   331 
   $977  $331 
Denominator:
        
Common:
        
Weighted average shares outstanding - basic
  19,717   18,865 
Assumed conversion of Class A Common Stock
  2,781   3,084 
Dilutive options, awards and common stock equivalents
  457   323 
          
Total weighted-average diluted Common Stock
  22,955   22,272 
          
Class A Common:
        
Weighted average shares outstanding
  2,781   3,084