DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of earnings and weighted average shares outstanding used in the computation of basic and diluted earnings (loss) per share

The earnings and weighted average shares outstanding used in the computation of basic and diluted earnings per share are as follows:

	2016			2015		2014
Numerator:
Net (loss) earnings	$	(64,834	)	$	19,197	$	8,603
Less dividends declared:
Class A		522			522		522
Class B		2,728			2,713		2,665
Undistributed (loss) earnings	$	(68,084	)	$	15,962	$	5,416
Undistributed (loss) earnings allocation - basic and diluted:
Class A undistributed (loss) earnings	$	(11,930	)	$	2,809	$	970
Class B undistributed (loss) earnings		(56,154	)		13,153		4,446
Total undistributed (loss) earnings	$	(68,084	)	$	15,962	$	5,416
Net (loss) earnings allocation - basic and diluted:
Class A net (loss) earnings	$	(11,408	)	$	3,331	$	1,492
Class B net (loss) earnings		(53,426	)		15,866		7,111
Net (loss) earnings	$	(64,834	)	$	19,197	$	8,603
Denominator:
Weighted average shares outstanding:
Class A - basic and diluted		2,175			2,175		2,175
Class B - basic and diluted		9,749			9,698		9,491
Net (loss) earnings per share:
Class A - basic and diluted	$	(5.25	)	$	1.53	$	0.69
Class B - basic and diluted	$	(5.48	)	$	1.64	$	0.75

Summary of adjustments made to conform prior period classifications to new guidance

The following table summarizes the adjustments made to conform prior period classifications to the new guidance:

	December 31, 2015
	As Reported			Reclass			Revised
Other current assets	$	15,636		$	(4,983	)	$	10,653
Long-term deferred income tax assets		3,321			117			3,438
Other current liabilities		(9,133	)		174			(8,959	)
Long-term deferred income tax liabilities		(13,002	)		4,692			(8,310	)