XML 21 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
3 Months Ended
Mar. 31, 2017
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
 
March 31, 2017
 
March 31, 2016
 
(In thousands,
except per share amounts)
Basic and diluted earnings per share:
 
 
 
Numerator:
 
 
 
Net income (loss)
$
2,056

 
(2,391
)
Net income (loss) allocated to Class A common stock
$
2,035

 
(2,367
)
Net income (loss) allocated to Class B common stock
21

 
(24
)
Net income (loss)
$
2,056

 
(2,391
)
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 (losses) earnings per share of Class A common stock
$
0.04

 
(0.05
)
Basic (losses) earnings per share of Class B common stock
0.02

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

 
(0.05
)
Diluted (losses) earnings per share of Class B common stock
0.02

 
(0.02
)