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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2017
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:
 
2017
  
2016
  
2015
 
Common:
         
Distributed earnings
 
$
10,473
  
$
27,674
  
$
7,358
 
Undistributed earnings
  
8,896
   
(1,869
)
  
17,995
 
Basic
  
19,369
   
25,805
   
25,353
 
Class A Common earnings
  
1,706
   
2,551
   
2,436
 
Diluted
 
$
21,075
  
$
28,356
  
$
27,789
 
Class A Common:
            
Distributed earnings
 
$
919
  
$
2,735
  
$
702
 
Undistributed earnings
  
787
   
(184
)
  
1,734
 
  
$
1,706
  
$
2,551
  
$
2,436
 


Denominator:
 
2017
  
2016
  
2015
 
Common:
         
Weighted average shares outstanding - basic
  
19,381
   
19,492
   
20,430
 
Assumed conversion of Class A Common Stock
  
1,801
   
2,014
   
2,067
 
Dilutive options, awards and common stock equivalents
  
417
   
341
   
301
 
Total weighted average diluted Common Stock
  
21,599
   
21,847
   
22,798
 
Class A Common:
            
Weighted average shares outstanding
  
1,801
   
2,014
   
2,067
 
             
Basic net earnings per share
            
Common Stock
 
$
1.00
  
$
1.32
  
$
1.24
 
Class A Common Stock
 
$
0.95
  
$
1.27
  
$
1.18
 
Diluted net earnings per share
            
Common Stock
 
$
0.98
  
$
1.30
  
$
1.22
 
Class A Common Stock
 
$
0.94
  
$
1.27
  
$
1.17