Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Reconciliation of Earnings (Loss) and Number of Shares Used in Calculating Diluted Earnings (Loss) Per Share

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 June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Numerator:
Common:
Distributed earnings	$	797	$	762	$	1,577	$	762
Undistributed earnings		3,497		1,293		10,013		3,421
Basic		4,294		2,055		11,590		4,183
Class A Common earnings		536		306		1,500		635
Diluted	$	4,830	$	2,361	$	13,090	$	4,818

Class A Common:
Distributed earnings	$	96	$	113	$	199	$	113
Undistributed earnings		440		193		1,301		522
	$	536	$	306	$	1,500	$	635
Denominator:
Common:
Weighted average shares outstanding - basic		19,807		19,023		19,654		18,944
Assumed conversion of Class A Common Stock		2,614		2,989		2,682		3,037
Dilutive options, awards and common stock equivalents		370		301		418		311

Total weighted-average diluted Common Stock		22,791		22,313		22,754		22,292

Class A Common:
Weighted average shares outstanding		2,614		2,989		2,682		3,037
Antidilutive shares excluded from the denominator due to the options’ exercise prices being greater than the average market price		—		292		—		292