Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Reconciliation of Earnings (Loss) 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 June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Numerator:
Common:
Distributed earnings	$	3,494	$	2,330	$	6,984	$	4,646
Undistributed earnings		2,226		3,355		4,547		6,536
Basic		5,720		5,685		11,531		11,182
Class A Common earnings		494		500		996		989
Diluted	$	6,214	$	6,185	$	12,527	$	12,171

Class A Common:
Distributed earnings	$	300	$	203	$	601	$	407
Undistributed earnings		194		297		395		582
	$	494	$	500	$	996	$	989
Denominator:
Common:
Weighted average shares outstanding - basic		19,312		19,377		19,364		19,337
Assumed conversion of Class A Common Stock		1,766		1,801		1,767		1,807
Dilutive options, awards and common stock equivalents		313		418		367		424

Total weighted-average diluted Common Stock		21,391		21,596		21,498		21,568

Class A Common:
Weighted average shares outstanding		1,766		1,801		1,767		1,807

Basic earnings per share:
Common Stock	$	0.30	$	0.29	$	0.60	$	0.58
Class A Common Stock	$	0.28	$	0.28	$	0.56	$	0.55

Diluted earnings per share:
Common Stock	$	0.29	$	0.29	$	0.58	$	0.56
Class A Common Stock	$	0.28	$	0.27	$	0.56	$	0.54