Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Numerator:
Common:
Distributed earnings	$	4,225	$	4,261	$	8,189	$	7,978
Undistributed earnings	15,884		17,042		29,893		31,295
Basic	20,109		21,303		38,082		39,273
Class A Common earnings	1,599		1,555		2,988		2,991
Diluted	$	21,708	$	22,858	$	41,070	$	42,264

Class A Common:
Distributed earnings	$	333	$	301	$	630	$	571
Undistributed earnings	1,266		1,254		2,358		2,420
	$	1,599	$	1,555	$	2,988	$	2,991
Denominator:
Common:
Weighted average shares outstanding - basic	15,327		16,997		15,516		16,895
Assumed conversion of Class A Common Stock	1,283		1,313		1,285		1,372
Dilutive options, awards and common stock equivalents	482		532		501		520
Total weighted-average diluted Common Stock	17,092		18,842		17,302		18,787

Class A Common:
Weighted average shares outstanding	1,283		1,313		1,285		1,372

Basic earnings per share:
Common Stock	$	1.31	$	1.25	$	2.45	$	2.32
Class A Common Stock	$	1.25	$	1.18	$	2.33	$	2.18

Diluted earnings per share:
Common Stock	$	1.27	$	1.21	$	2.37	$	2.25
Class A Common Stock	$	1.22	$	1.16	$	2.27	$	2.13