XML 54 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of Income (Loss) and Number of Shares used in Calculating Diluted 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:
 
2018
  
2017
  
2016
 
Common:
         
Distributed earnings
 
$
32,595
  
$
10,473
  
$
27,674
 
Undistributed earnings
  
(4,741
)
  
8,896
   
(1,869
)
Basic
  
27,854
   
19,369
   
25,805
 
Class A Common earnings
  
2,453
   
1,706
   
2,551
 
Diluted
 
$
30,307
  
$
21,075
  
$
28,356
 
Class A Common:
            
Distributed earnings
 
$
2,869
  
$
919
  
$
2,735
 
Undistributed earnings
  
(416
)
  
787
   
(184
)
  
$
2,453
  
$
1,706
  
$
2,551
 


Denominator:
 
2018
  
2017
  
2016
 
Common:
         
Weighted average shares outstanding - basic
  
19,182
   
19,381
   
19,492
 
Assumed conversion of Class A Common Stock
  
1,765
   
1,801
   
2,014
 
Dilutive options, awards and common stock equivalents
  
348
   
417
   
341
 
Total weighted average diluted Common Stock
  
21,295
   
21,599
   
21,847
 
Class A Common:
            
Weighted average shares outstanding
  
1,765
   
1,801
   
2,014
 
             
Basic net earnings per share
            
Common Stock
 
$
1.45
  
$
1.00
  
$
1.32
 
Class A Common Stock
 
$
1.39
  
$
0.95
  
$
1.27
 
Diluted net earnings per share
            
Common Stock
 
$
1.42
  
$
0.98
  
$
1.30
 
Class A Common Stock
 
$
1.39
  
$
0.94
  
$
1.27