Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

The following is a reconciliation of the income (loss) and number of shares used in calculating the diluted earnings per share for Common Stock and Class A Common Stock (amounts in thousands except per share data):

Numerator:	2022		2021		2020
Common:
Distributed earnings	$	31,432	$	48,837	$	46,564
Undistributed earnings	51,290		35,653		7,954
Basic	82,722		84,490		54,518
Class A Common earnings	6,636		6,313		4,630
Diluted	$	89,358	$	90,803	$	59,148
Class A Common:
Distributed earnings	$	2,516	$	3,609	$	3,957
Undistributed earnings	4,120		2,704		673
	$	6,636	$	6,313	$	4,630

Denominator:	2022		2021		2020
Common:
Weighted average shares outstanding - basic	15,225		16,710		17,128
Assumed conversion of Class A Common Stock	1,284		1,330		1,522
Dilutive awards and common stock equivalents	529		503		282
Total weighted average diluted Common Stock	17,038		18,543		18,932
Class A Common:
Weighted average shares outstanding	1,284		1,330		1,522
Basic net earnings per share
Common Stock	$	5.43	$	5.06	$	3.18
Class A Common Stock	$	5.17	$	4.75	$	3.04
Diluted net earnings per share
Common Stock	$	5.24	$	4.90	$	3.12
Class A Common Stock	$	5.07	$	4.69	$	3.04