XML 33 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2017
EARNINGS (LOSS) PER SHARE [Abstract]  
Schedule of earnings and weighted average shares outstanding used in the computation of basic and diluted 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 six months ended June 30, 2017 and 2016:

  
 
Three Months Ended
  
Six Months Ended
 
 
 
June 30,
  
June 30,
 
 
 
2017
  
2016
  
2017
  
2016
 
 
            
Numerator:
            
Net earnings (loss)
 
$
3,120
  
$
22,776
  
$
3,866
  
$
(77,921
)
Less dividends declared:
                
     Class A
  
131
   
131
   
261
   
261
 
     Class B
  
689
   
678
   
1,388
   
1,360
 
Undistributed earnings (loss)
 
$
2,300
  
$
21,967
  
$
2,217
  
$
(79,542
)
 
                
Undistributed earnings (loss) allocation - basic and diluted:
             
     Class A undistributed earnings (loss)
 
$
399
  
$
3,856
  
$
385
  
$
(13,979
)
     Class B undistributed earnings (loss)
  
1,901
   
18,111
   
1,832
   
(65,563
)
     Total undistributed earnings (loss)
 
$
2,300
  
$
21,967
  
$
2,217
  
$
(79,542
)
 
                
Net earnings (loss) allocation - basic and diluted:
                
     Class A net earnings (loss)
 
$
530
  
$
3,987
  
$
646
  
$
(13,718
)
     Class B net earnings (loss)
  
2,590
   
18,789
   
3,220
   
(64,203
)
     Net earnings (loss)
 
$
3,120
  
$
22,776
  
$
3,866
  
$
(77,921
)
 
                
Denominator:
                
Weighted-average shares outstanding:
                
     Class A - basic and diluted
  
2,175
   
2,175
   
2,175
   
2,175
 
     Class B - basic and diluted
  
9,859
   
9,729
   
9,852
   
9,715
 
 
                
Net earnings (loss) per share:
                
     Class A - basic and diluted
 
$
0.24
  
$
1.83
  
$
0.30
  
$
(6.31
)
     Class B - basic and diluted
 
$
0.26
  
$
1.93
  
$
0.33
  
$
(6.61
)