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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2014
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE
Note 13, Earnings Per Share:

The following is a reconciliation of the income (loss) and number of shares used in calculating the diluted earnings per share for Common Stock and Class A Common Stock (amounts in thousands except per share data):

Numerator:
 
2014
  
2013
  
2012
 
Common:
      
Distributed earnings
 
$
27,077
  
$
4,787
  
$
21,721
 
Undistributed earnings
  
(19,220
)
  
23,972
   
(8,522
)
Basic
  
7,857
   
28,759
   
13,199
 
Class A Common earnings
  
732
   
3,506
   
1,712
 
Diluted
 
$
8,589
  
$
32,265
  
$
14,911
 
Class A Common:
            
Distributed earnings
 
$
2,703
  
$
566
  
$
2,963
 
Undistributed earnings
  
(1,971
)
  
2,940
   
(1,251
)
  
$
732
  
$
3,506
  
$
1,712
 

Denominator:
 
2014
  
2013
  
2012
 
Common:
      
Weighted average shares outstanding - basic
  
20,426
   
19,865
   
19,096
 
Assumed conversion of Class A Common Stock
  
2,199
   
2,558
   
2,943
 
Dilutive options, awards and common stock equivalents
  
315
   
392
   
343
 
Total weighted average diluted Common Stock
  
22,940
   
22,815
   
22,382
 
Class A Common:
            
Weighted average shares outstanding
  
2,199
   
2,558
   
2,943
 
             
Basic net earnings per share
            
Common Stock
 
$
0.38
  
$
1.45
  
$
0.69
 
Class A Common Stock
 
$
0.33
  
$
1.37
  
$
0.58
 
Diluted net earnings per share
            
Common Stock
 
$
0.37
  
$
1.41
  
$
0.67
 
Class A Common Stock
 
$
0.33
  
$
1.35
  
$
0.59
 

At December 31, 2012, we did not include options to purchase approximately 50,000 shares of Havertys Common Stock in the computation of diluted earnings per common share because the exercise prices of those options were greater than the average market price and their inclusion would have been antidilutive.