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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
Three Months Ended June 30,
 
2012
 
2011
 
Class A
 
Class B
 
Class A
 
Class B
 
(In thousands except per share amounts)
 
 
 
 
 
 
 
 
Numerator for Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income
$
23,246

 
 
 
13,790

 
 
Dividends - Class A shares

 
 
 

 
 
Dividends - Class B shares

 
 
 

 
 
 
 
 
 
 
 
 
 
Undistributed income
$
23,246

 
 
 
13,790

 
 
 
 
 
 
 
 
 
 
Allocation of net income:
 

 
 
 
 

 
 
Dividends
$

 

 

 

Allocation of undistributed income
22,589

 
658

 
13,400

 
390

 
 
 
 
 
 
 
 
Net income
$
22,589

 
658

 
13,400

 
390

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

Basic earnings per share - weighted-average shares
3,435

 
200

 
3,434

 
200

Effect of dilutive stock options

 

 
3

 

 
 
 
 
 
 
 
 
Diluted earnings per share - adjusted weighted-average shares for assumed conversions
3,435

 
200

 
3,437

 
200

 
 
 
 
 
 
 
 
Basic Earnings Per Share
$
6.58

 
3.29

 
3.90

 
1.95

 


 


 


 


Diluted Earnings Per Share
$
6.58

 
3.29

 
3.90

 
1.95


 
Six Months Ended June 30,
 
2012
 
2011
 
Class A
 
Class B
 
Class A
 
Class B
 
(In thousands except per share amounts)
 
 
 
 
 
 
 
 
Numerator for Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income
$
42,987

 
 
 
32,001

 
 
Dividends - Class A shares

 
 
 

 
 
Dividends - Class B shares

 
 
 

 
 
 
 
 
 
 
 
 
 
Undistributed income
$
42,987

 
 
 
32,001

 
 
 
 
 
 
 
 
 
 
Allocation of net income:
 

 
 
 
 

 
 
Dividends
$

 

 

 

Allocation of undistributed income
41,771

 
1,216

 
31,096

 
905

 
 
 
 
 
 
 
 
Net income
$
41,771

 
1,216

 
31,096

 
905

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

Basic earnings per share - weighted-average shares
3,435

 
200

 
3,432

 
200

Effect of dilutive stock options

 

 
6

 

 
 
 
 
 
 
 
 
Diluted earnings per share - adjusted weighted-average shares for assumed conversions
3,435

 
200

 
3,438

 
200

 
 
 
 
 
 
 
 
Basic Earnings Per Share
$
12.16

 
6.08

 
9.06

 
4.53

 


 


 


 


Diluted Earnings Per Share
$
12.16

 
6.08

 
9.04

 
4.53