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Earnings Per Share
9 Months Ended
Sep. 30, 2016
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, 2016
 
September 30, 2015
 
(In thousands,
except per share amounts)
Basic and diluted earnings per share:
 
 
 
Numerator:
 
 
 
 Net income
$
2,544

 
103

 Net income allocated to Class A common stock
$
2,519

 
102

 Net income allocated to Class B common stock
25

 
1

 Net income
$
2,544

 
103

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
$
0.05

 

Basic earnings per share of Class B common stock
0.03

 

Diluted earnings per share of Class A common stock
0.05

 

Diluted earnings per share of Class B common stock
0.03

 

 
Nine Months Ended
 
September 30, 2016
 
September 30, 2015
 
(In thousands,
except per share amounts)
Basic and diluted earnings per share:
 
 
 
Numerator:
 
 
 
Net income (loss)
$
1,914

 
(1,386
)
Net income (loss) allocated to Class A common stock
$
1,895

 
(1,372
)
Net income (loss) allocated to Class B common stock
19

 
(14
)
Net loss
$
1,914

 
(1,386
)
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 (losses) per share of Class A common stock
$
0.04

 
(0.03
)
Basic earnings (losses) per share of Class B common stock
0.02

 
(0.02
)
Diluted earnings (losses) per share of Class A common stock
0.04

 
(0.03
)
Diluted earnings (losses) per share of Class B common stock
0.02

 
(0.02
)