Net income per common share is calculated as basic net income per share and diluted net income per share. Basic net income per share excludes dilution and is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted net income per share is computed in the same manner as basic net income after assuming issuance of common stock for all potentially dilutive equivalent shares, which includes the potential dilution that could occur: (1) if the RSUs with service conditions were fully vested (using the treasury stock method); (2) if all of the Company’s outstanding stock options that are in-the-money were exercised (using the treasury stock method); (3) if the RSUs with service and market conditions were considered contingently issuable; (4) if the RSUs with service and performance conditions were considered contingently issuable; and (5) if the perpetual cumulative convertible preferred stock was converted (using the as if converted method).

The Company considered the allocation of undistributed net income for multiple classes of common stock and determined that it was appropriate to allocate undistributed net income between the Company’s Class A and Class B common stock on an equal basis. For purposes of making this determination, the Company’s charter provides that the holders of Class A and Class B common stock have equal rights and privileges except with respect to voting on most matters voted by Joseph Field or David Field.

			Year Ended December 31,
			2015		2014		2013
			(amounts in thousands, except share and per share data)
			(amounts in thousands, except share and per share data)

Basic Income (Loss) Per Share
	Numerator
		Net income (loss) available to the Company	$	29,184	$	26,823	$	26,024
		Preferred stock dividends		752		-		-
		Net income (loss) available to common shareholders	$	28,432	$	26,823	$	26,024
	Denominator
		Basic weighted average shares outstanding		38,083,647		37,763,353		37,417,807
		Basic net income (loss) per share available
		to common shareholders	$	0.75	$	0.71	$	0.70

Diluted Income (Loss) Per Share
	Numerator
		Net income (loss) available to the Company	$	29,184	$	26,823	$	26,024
		Preferred stock dividends		752		-		-
		Net income (loss) available to common shareholders	$	28,432	$	26,823	$	26,024
	Denominator
		Basic weighted average shares outstanding		38,083,647		37,763,353		37,417,807
		Effect of RSUs and options under the treasury stock method		953,976		900,713		883,688
		Diluted weighted average shares outstanding		39,037,623		38,664,066		38,301,495
		Diluted net income (loss) per share available
		to common shareholders	$	0.73	$	0.69	$	0.68

		Impact Of Equity Awards
		Years Ended December 31,
		2015		2014		2013
		(amounts in thousands, except per share data)
Dilutive or anti-dilutive for all potentially
dilutive equivalent shares		dilutive		dilutive		dilutive
Excluded shares as anti-dilutive under the treasury
stock method:
	Options excluded		14		30		37
	Price range of options excluded: from	$	11.24	$	10.11	$	10.52
	Price range of options excluded: to	$	11.78	$	33.90	$	48.21
	RSUs with service conditions		8		1		4
Excluded RSUs with service and market conditions
	as market conditions not met		165		193		-
Excluded RSUs with service and performance
	conditions until performance criteria is probable		29		11		-
Excluded preferred stock as anti-dilutive under the as if method			882		-		-