XML 155 R138.htm IDEA: XBRL DOCUMENT v3.24.0.1
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
EARNINGS PER SHARE      
Net Income (Loss) $ 90,374 $ 91,106 $ 87,611
Dividends declared on Common Stock:      
Undistributed net income for basic earnings per share 61,439 64,305 62,725
Weighted average potential dividends on Class A shares upon exercise of dilutive options (92) (87) (100)
Undistributed net income for diluted earnings per share $ 61,347 $ 64,218 $ 62,625
Weighted average shares outstanding:      
Effect of dilutive securities on Class A Shares outstanding 61,000 64,000 82,000
Weighted average shares outstanding including dilutive securities 19,853,000 20,101,000 20,757,000
Employee Stock Option [Member]      
Diluted earnings per share:      
Antidilutive stock options (in shares) 149,169 178,000 144,000
Employee Stock Option [Member] | Weighted Average      
Diluted earnings per share:      
Antidilutive stock options (in shares) 145,809 128,000 142,625
Class A Common Stock      
EARNINGS PER SHARE      
Cash dividend premium per share (as a percent) 10.00%    
Dividends declared on Common Stock:      
Dividends declared on Common Stock $ (26,002) $ (24,122) $ (22,451)
Weighted average shares outstanding:      
Weighted average shares outstanding 17,634,000 17,876,000 18,497,000
Basic earnings per share:      
Per share dividends distributed $ 1.50 $ 1.36 $ 1.23
Undistributed earnings per share 3.14 3.24 3.06
Total basic earnings per share 4.64 4.60 4.29
Diluted earnings per share:      
Per share dividends distributed 1.50 1.36 1.23
Undistributed earnings per share 3.12 3.23 3.05
Total diluted earnings per share $ 4.62 $ 4.59 $ 4.28
Class B Common Stock      
Dividends declared on Common Stock:      
Dividends declared on Common Stock $ (2,933) $ (2,679) $ (2,435)
Weighted average shares outstanding:      
Weighted average shares outstanding 2,158,000 2,161,000 2,178,000
Basic earnings per share:      
Per share dividends distributed $ 1.36 $ 1.240 $ 1.12
Undistributed earnings per share 2.85 2.95 2.78
Total basic earnings per share 4.21 4.19 3.90
Diluted earnings per share:      
Per share dividends distributed 1.36 1.240 1.12
Undistributed earnings per share 2.84 2.93 2.77
Total diluted earnings per share $ 4.20 $ 4.17 $ 3.89