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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2015
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:
 
2015
  
2014
  
2013
 
Common:
      
Distributed earnings
 
$
7,358
  
$
27,077
  
$
4,787
 
Undistributed earnings
  
17,995
   
(19,220
)
  
23,972
 
Basic
  
25,353
   
7,857
   
28,759
 
Class A Common earnings
  
2,436
   
732
   
3,506
 
Diluted
 
$
27,789
  
$
8,589
  
$
32,265
 
Class A Common:
            
Distributed earnings
 
$
702
  
$
2,703
  
$
566
 
Undistributed earnings
  
1,734
   
(1,971
)
  
2,940
 
  
$
2,436
  
$
732
  
$
3,506
 
 
Denominator:
 
2015
  
2014
  
2013
 
Common:
      
Weighted average shares outstanding - basic
  
20,430
   
20,426
   
19,865
 
Assumed conversion of Class A Common Stock
  
2,067
   
2,199
   
2,558
 
Dilutive options, awards and common stock equivalents
  
301
   
315
   
392
 
Total weighted average diluted Common Stock
  
22,798
   
22,940
   
22,815
 
Class A Common:
            
Weighted average shares outstanding
  
2,067
   
2,199
   
2,558
 
             
Basic net earnings per share
            
Common Stock
 
$
1.24
  
$
0.38
  
$
1.45
 
Class A Common Stock
 
$
1.18
  
$
0.33
  
$
1.37
 
Diluted net earnings per share
            
Common Stock
 
$
1.22
  
$
0.37
  
$
1.41
 
Class A Common Stock
 
$
1.17
  
$
0.33
  
$
1.35