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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
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:
 
2021
   
2020
   
2019
 
Common:
                 
Distributed earnings
 
$
48,837
   
$
46,564
   
$
13,913
 
Undistributed earnings
   
35,653
     
7,954
     
6,284

Basic
   
84,490
     
54,518
     
20,197
 
Class A Common earnings
   
6,313
     
4,630
     
1,668
 
Diluted
 
$
90,803
   
$
59,148
   
$
21,865
 
Class A Common:
                       
Distributed earnings
 
$
3,609
   
$
3,957
   
$
1,143
 
Undistributed earnings
   
2,704
     
673
     
525

   
$
6,313
   
$
4,630
   
$
1,668
 

Denominator:
 
2021
   
2020
   
2019
 
Common:
                 
Weighted average shares outstanding - basic
   
16,710
     
17,128
     
18,360
 
Assumed conversion of Class A Common Stock
   
1,330
     
1,522
     
1,611
 
Dilutive awards and common stock equivalents
   
503
     
282
     
290
 
Total weighted average diluted Common Stock
   
18,543
     
18,932
     
20,261
 
Class A Common:
                       
Weighted average shares outstanding
   
1,330
     
1,522
     
1,611
 
                         
Basic net earnings per share
                       
Common Stock
 
$
5.06
   
$
3.18
   
$
1.10
 
Class A Common Stock
 
$
4.75
   
$
3.04
   
$
1.04
 
Diluted net earnings per share
                       
Common Stock
 
$
4.90
   
$
3.12
   
$
1.08
 
Class A Common Stock
 
$
4.69
   
$
3.04
   
$
1.03