Basic and Diluted Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2014

Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share data) for the periods indicated:

	Years Ended December 31,
	2014		2013		2012
Numerator:
Income (loss) from:
Continuing operations, net of tax	$	5,035	$	26,550	$	22,473
Discontinued operations, net of tax		0		56,782		(1,927	)
Net income	$	5,035	$	83,332	$	20,546
Denominator:
Weighted average common shares of class A common stock		9,246		9,073		8,768
Weighted average common shares of class B common stock		2,055		2,227		2,227
Total weighted average common stock shares outstanding		11,301		11,300		10,995
Effect of dilutive securities:
Employee stock options		55		1		179
Adjusted weighted average shares		11,356		11,301		11,174
Earnings per share:
Basic earnings (loss) per share
From continuing operations	$	0.45	$	2.35	$	2.05
From discontinued operations		0		5.02		(0.18	)
Basic earnings per share	$	0.45	$	7.37	$	1.87
Diluted earnings (loss) per share:
From continuing operations	$	0.44	$	2.35	$	2.01
From discontinued operations		0		5.02		(0.17	)
Diluted earnings per share	$	0.44	$	7.37	$	1.84