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Note 13 - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net income $ 27,044 $ 22,108
Basic (in shares) [1] 5,796,252 5,843,313
Basic (in dollars per share) [1] $ 4.67 $ 3.78
Effect of dilutive shares (in shares) [2] 14,387
Diluted (in shares) [1] 5,810,639 5,843,313
Diluted (in dollars per share) [1] $ 4.65 $ 3.78
[1] On July 1, 2015, Graham Holdings Company distributed 5,843,313 shares of Cable One, Inc. common stock to existing holders of Graham Holdings Company common stock. Basic and diluted net income per common share for the three months ended March 31, 2015 are calculated using the number of shares distributed on July 1, 2015.
[2] Anti-dilutive shares included 1,038 and 0 SARs as of March 31, 2016 and 2015, respectively.