v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Summary of Reconciliation of Numerators and Denominators Used in Basic and Diluted Per Share Computations
The table below presents for the periods indicated a reconciliation of the numerators and denominators we used to compute basic and diluted net income per share for our Class A common stock and our Class B common stock:
 
 
 
Three Months Ended September 30,
 
 
 
2019
 
 
2018
 
 
 
Class A
 
 
Class B
 
 
Class A
 
 
Class B
 
 
 
(in thousands, except per share data)
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of net income
 
$
4,269
 
 
$
917
 
 
$
1,006
 
 
$
200
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding
 
 
23,015
 
 
 
5,577
 
 
 
22,717
 
 
 
5,577
 
Basic earnings per share
 
$
0.19
 
 
$
0.16
 
 
$
0.04
 
 
$
0.04
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of net income
 
$
4,269
 
 
$
917
 
 
$
1,006
 
 
$
200
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of shares used in basic computation
 
 
23,015
 
 
 
5,577
 
 
 
22,717
 
 
 
5,577
 
Weighted-average shares effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Director and employee stock options
 
 
277
 
 
 
 
 
 
 
 
178
 
 
 
—  
 
Number of shares used in diluted computation
 
 
23,292
 
 
 
5,577
 
 
 
22,895
 
 
 
5,577
 
Diluted earnings per share
 
$
0.18
 
 
$
0.16
 
 
$
0.04
 
 
$
0.04
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
2019
 
 
2018
 
 
 
Class A
 
 
Class B
 
 
Class A
 
 
Class B
 
 
 
(in thousands, except per share data)
 
Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of net income (loss)
 
$
27,065
 
 
$
5,933
 
 
$
(14,472
 
$
(3,290
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding
 
 
22,933
 
 
 
5,577
 
 
 
22,673
 
 
 
5,577
 
Basic earnings (loss) per share
 
$
1.18
 
 
$
1.06
 
 
$
(0.64
 
$
(0.59
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of net income (loss)
 
$
27,065
 
 
$
5,933
 
 
$
(14,472
 
$
(3,290
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of shares used in basic computation
 
 
22,933
 
 
 
5,577
 
 
 
22,673
 
 
 
5,577
 
Weighted-average shares effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Director and employee stock options
 
 
183
 
 
 
 
 
 
 
 
—  
 
 
 
—  
 
Number of shares used in diluted computation
 
 
23,116
 
 
 
5,577
 
 
 
22,673
 
 
 
5,577
 
Diluted earnings (loss) per share
 
$
1.17
 
 
$
1.06
 
 
$
(0.64
 
$
(0.59