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Share Capital (Tables)
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Changes in Number of Shares of Class A Stock Outstanding

The following table reflects changes in the number of shares of Class A Stock outstanding for the periods indicated:

 

     2013     2012     2011  

Class A Stock outstanding, beginning of year

      13,508,318        13,572,265        13,268,522   

Issued pursuant to shared-based compensation plans*

      70,227        57,652        303,743   

Repurchased and cancelled pursuant to the stock buy-back

      (200,578 )      (121,599 )      —     
  

 

 

    

 

 

    

 

 

  

Class A Stock outstanding, end of year

      13,377,967        13,508,318        13,572,265   
  

 

 

    

 

 

    

 

 

  

 

* Share-based compensation plans are described in Note 16.
Summary of Dividends Paid Per Share

In 2013, the Company paid cash dividends of $0.44 per share to holders of Class A and Class B Stock as follows ($0.44 in 2012 and 2011):

 

Dividends Per Share

  

Record Date

  

Payment Date

$0.11

   February 8, 2013   February 22, 2013

$0.11

   May 10, 2013   May 24, 2013

$0.11

   August 9, 2013   August 23, 2013

$0.11

   November 8, 2013   November 22, 2013