Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

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

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.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Numerator:
Common:
Distributed earnings	$	2,290	$	2,051	$	6,273	$	5,348
Undistributed earnings		4,405		4,935		9,581		11,633
Basic		6,695		6,986		15,854		16,981
Class A Common earnings		671		669		1,555		1,626
Diluted	$	7,366	$	7,655	$	17,409	$	18,607

Class A Common:
Distributed earnings	$	227	$	195	$	612	$	507
Undistributed earnings		444		474		943		1,119
	$	671	$	669	$	1,555	$	1,626
Denominator:
Common:
Weighted average shares outstanding - basic		19,083		20,448		19,615		20,538
Assumed conversion of Class A Common Stock		2,021		2,061		2,026		2,074
Dilutive options, awards and common stock equivalents		332		282		331		295

Total weighted-average diluted Common Stock		21,436		22,791		21,972		22,907

Class A Common:
Weighted average shares outstanding		2,021		2,061		2,026		2,074