EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2015

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

14. EARNINGS PER SHARE

The following table sets forth the calculation of basic and diluted net earnings per common share under the two-class method for the three months ended March 31, 2015 and 2014:

	Three Months Ended
	March 31,
	2015		2014
Numerator:
Net earnings	$	5,568	$	2,503
Less dividends declared:
Class A		131		130
Class B		678		654
Undistributed earnings	$	4,759	$	1,719
Undistributed earnings allocation - basic and diluted:
Class A undistributed earnings	$	839	$	312
Class B undistributed earnings		3,920		1,407
Total undistributed earnings	$	4,759	$	1,719
Net earnings allocation - basic and diluted:
Class A net earnings	$	970	$	442
Class B net earnings		4,598		2,061
Net earnings	$	5,568	$	2,503
Denominator:
Weighted-average shares outstanding:
Class A - basic and diluted		2,175		2,175
Class B - basic and diluted		9,670		9,335
Net earnings per share:
Class A - basic and diluted	$	0.45	$	0.20
Class B - basic and diluted	$	0.48	$	0.22