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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings 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. Holders of the Class A Common Stock have greater voting rights which include voting as a separate class for the election of up to 75% of the total number of directors whereas holders of the Common Stock vote as a separate class for the election of at least 25% of the total number of directors. On all other matters subject to shareholder vote, holders of the Class A Common Stock have ten votes per share as opposed to holders of the Common Stock receiving one vote per share. Class A Common Stock 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,
2024202320242023
Numerator:
Common:
Distributed earnings$4,842 $4,527 $9,330 $8,721 
Undistributed earnings(728)6,387 (2,996)13,637 
Basic4,114 10,914 6,334 22,358 
Class A Common earnings324 878 497 1,806 
Diluted$4,438 $11,792 $6,831 $24,164 
Class A Common:
Distributed earnings$383 $359 $740 $693 
Undistributed earnings(59)519 (243)1,113 
$324 $878 $497 $1,806 
Denominator:
Common:
Weighted average shares outstanding - basic15,065 15,046 14,982 14,977 
Assumed conversion of Class A Common Stock1,275 1,283 1,277 1,283 
Dilutive options, awards and common stock equivalents363 417 453 506 
Total weighted-average diluted Common Stock16,703 16,746 16,712 16,766 
Class A Common:
Weighted average shares outstanding1,275 1,283 1,277 1,283 
Basic earnings per share:
Common Stock$0.27 $0.73 $0.42 $1.49 
Class A Common Stock$0.25 $0.68 $0.39 $1.41 
Diluted earnings per share:
Common Stock$0.27 $0.70 $0.41 $1.44 
Class A Common Stock$0.25 $0.67 $0.39 $1.38