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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
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:
 
2020
   
2019
   
2018
 
Common:
                 
Distributed earnings
 
$
46,564
   
$
13,913
   
$
32,595
 
Undistributed earnings
   
7,954
     
6,284
     
(4,741
)
Basic
   
54,518
     
20,197
     
27,854
 
Class A Common earnings
   
4,630
     
1,668
     
2,453
 
Diluted
 
$
59,148
   
$
21,865
   
$
30,307
 
Class A Common:
                       
Distributed earnings
 
$
3,957
   
$
1,143
   
$
2,869
 
Undistributed earnings
   
673
     
525
     
(416
)
   
$
4,630
   
$
1,668
   
$
2,453
 

Denominator:
 
2020
   
2019
   
2018
 
Common:
                 
Weighted average shares outstanding - basic
   
17,128
     
18,360
     
19,182
 
Assumed conversion of Class A Common Stock
   
1,522
     
1,611
     
1,765
 
Dilutive options, awards and common stock equivalents
   
282
     
290
     
348
 
Total weighted average diluted Common Stock
   
18,932
     
20,261
     
21,295
 
Class A Common:
                       
Weighted average shares outstanding
   
1,522
     
1,611
     
1,765
 
                         
Basic net earnings per share
                       
Common Stock
 
$
3.18
   
$
1.10
   
$
1.45
 
Class A Common Stock
 
$
3.04
   
$
1.04
   
$
1.39
 
Diluted net earnings per share
                       
Common Stock
 
$
3.12
   
$
1.08
   
$
1.42
 
Class A Common Stock
 
$
3.04
   
$
1.03
   
$
1.39