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Earnings Per Share
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share.
 
 
 
 
 
Three Months Ended
 
September 30, 2014
 
September 30, 2013
 
(In thousands,
except per share amounts)
Basic and diluted earnings per share:
 
 
 
Numerator:
 
 
 
Net income
$
2,324

 
1,824

Net income allocated to Class A common stock
$
2,301

 
1,806

Net income allocated to Class B common stock
23

 
18

Net income
$
2,324

 
1,824

Denominator:
 

 
 

Weighted average shares of Class A outstanding - basic
49,080

 
49,080

Weighted average shares of Class A outstanding - diluted
49,080

 
49,080

Weighted average shares of Class B outstanding - basic and diluted
1,002

 
1,002

Basic earnings per share of Class A common stock
$
0.04

 
0.03

Basic earnings per share of Class B common stock
0.03

 
0.02

Diluted earnings per share of Class A common stock
0.04

 
0.03

Diluted earnings per share of Class B common stock
0.03

 
0.02

 
Nine Months Ended
 
September 30, 2014
 
September 30, 2013
 
(In thousands,
except per share amounts)
Basic and diluted earnings per share:
 
 
 
Numerator:
 
 
 
Net income
$
4,671

 
3,987

Net income allocated to Class A common stock
$
4,624

 
3,947

Net income allocated to Class B common stock
47

 
40

Net income
$
4,671

 
3,987

Denominator:
 
 
 
Weighted average shares of Class A outstanding - basic
49,080

 
49,080

Weighted average shares of Class A outstanding - diluted
49,080

 
49,080

Weighted average shares of Class B outstanding - basic and diluted
1,002

 
1,002

Basic earnings per share of Class A common stock
$
0.09

 
0.08

Basic earnings per share of Class B common stock
0.05

 
0.04

Diluted earnings per share of Class A common stock
0.09

 
0.08

Diluted earnings per share of Class B common stock
0.05

 
0.04