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NET EARNINGS (LOSS) PER SHARE
 9 Months Ended
Sep. 30, 2016
NET EARNINGS (LOSS) PER SHARE [Abstract]  
NET EARNINGS (LOSS) PER SHARE
2.
NET EARNINGS (LOSS) PER SHARE

The following table sets forth the calculation of basic and diluted net earnings (loss) per common share under the two-class method for the three and nine months ended September 30, 2016 and 2015:


  
 
Three Months Ended
  
Nine Months Ended
 
  
 
September 30,
  
September 30,
 
 
 
2016
  
2015
  
2016
  
2015
 
 
            
Numerator:
            
Net earnings (loss)
 
$
9,710
  
$
4,920
  
$
(68,211
)
 
$
16,302
 
Less dividends declared:
                
     Class A common shares
  
131
   
130
   
392
   
391
 
     Class B common shares
  
683
   
681
   
2,044
   
2,041
 
Undistributed earnings (loss)
 
$
8,896
  
$
4,109
  
$
(70,647
)
 
$
13,870
 
 
                
Undistributed earnings (loss) allocation - basic and diluted:
             
     Class A undistributed earnings (loss)
 
$
1,557
  
$
722
  
$
(12,400
)
 
$
2,442
 
     Class B undistributed earnings (loss)
  
7,339
   
3,387
   
(58,247
)
  
11,428
 
     Total undistributed earnings (loss)
 
$
8,896
  
$
4,109
  
$
(70,647
)
 
$
13,870
 
 
                
Net earnings (loss) allocation - basic and diluted:
                
     Class A net earnings (loss)
 
$
1,688
  
$
852
  
$
(12,008
)
 
$
2,833
 
     Class B net earnings (loss)
  
8,022
   
4,068
   
(56,203
)
  
13,469
 
     Net earnings (loss)
 
$
9,710
  
$
4,920
  
$
(68,211
)
 
$
16,302
 
 
                
Denominator:
                
Weighted-average shares outstanding:
                
     Class A - basic and diluted
  
2,175
   
2,175
   
2,175
   
2,175
 
     Class B - basic and diluted
  
9,760
   
9,719
   
9,730
   
9,694
 
 
                
Net earnings (loss) per share:
                
     Class A - basic and diluted
 
$
0.78
  
$
0.39
  
$
(5.52
)
 
$
1.30
 
     Class B - basic and diluted
 
$
0.82
  
$
0.42
  
$
(5.78
)
 
$
1.39