XML 51 R27.htm IDEA: XBRL DOCUMENT v3.23.2
Stock and Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Stock by Class
A summary of the change in number of shares of Class A and Class B common stock and treasury stock issued is as follows:
Six Months Ended June 30,
20232022
(In thousands)Common StockTreasuryCommon StockTreasury
Class AClass BStockClass AClass BStock
Balance at beginning of year53,758 1,002 4,937 53,170 1,002 4,138 
Stock issued under stock investment plan   475 — — 
Stock issued for compensation106   81 — — 
Acquisition of Class A shares  325 — — 392 
Other share issuance   16 — — 
Balance at end of period53,864 1,002 5,262 53,742 1,002 4,530 
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings (loss) per share.
Three Months Ended June 30,20232022
(In thousands, except per share amounts)
Basic and diluted earnings (loss) per share:  
Numerator:  
Net income (loss)$6,126 2,492 
Net income (loss) allocated to Class A common stock$6,126 2,492 
Denominator:  
Weighted average shares of Class A outstanding - basic49,758 50,373 
Weighted average shares of Class A outstanding - diluted50,552 51,065 
Basic and diluted earnings (loss) per share of Class A common stock$0.12 0.05 
Six Months Ended June 30,20232022
(In thousands, except per share amounts)
Basic and diluted earnings (loss) per share:
Numerator:
Net income (loss)$10,998 8,941 
Net income (loss) allocated to Class A common stock$10,998 8,941 
Denominator:
Weighted average shares of Class A outstanding - basic49,791 50,278 
Weighted average shares of Class A outstanding - diluted50,584 50,970 
Basic and diluted earnings (loss) per share of Class A common stock$0.22 0.18