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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2016
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:
 
2016
  
2015
  
2014
 
Common:
         
Distributed earnings
$
27,674
 
$
7,358
 
$
27,077
 
Undistributed earnings
 
(1,869
)
 
17,995
  
(19,220
)
Basic
 
25,805
  
25,353
  
7,857
 
Class A Common earnings
 
2,551
  
2,436
  
732
 
Diluted
$
28,356
 
$
27,789
 
$
8,589
 
Class A Common:
         
Distributed earnings
$
2,735
 
$
702
 
$
2,703
 
Undistributed earnings
 
(184
)
 
1,734
  
(1,971
)
 
$
2,551
 
$
2,436
 
$
732
 
 
Denominator:
 
2016
  
2015
  
2014
 
Common:
         
Weighted average shares outstanding - basic
 
19,492
  
20,430
  
20,426
 
Assumed conversion of Class A Common Stock
 
2,014
  
2,067
  
2,199
 
Dilutive options, awards and common stock equivalents
 
341
  
301
  
315
 
Total weighted average diluted Common Stock
 
21,847
  
22,798
  
22,940
 
Class A Common:
         
Weighted average shares outstanding
 
2,014
  
2,067
  
2,199
 
          
Basic net earnings per share
         
Common Stock
$
1.32
 
$
1.24
 
$
0.38
 
Class A Common Stock
$
1.27
 
$
1.18
 
$
0.33
 
Diluted net earnings per share
         
Common Stock
$
1.30
 
$
1.22
 
$
0.37
 
Class A Common Stock
$
1.27
 
$
1.17
 
$
0.33