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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Summary of Earnings Per Share
Earnings per share have been calculated as follows:
(Expressed in thousands, except number of shares and per share amounts)
 
 
 
 
 
 
For the Years Ended December 31,
 
2019
 
2018
 
2017
Basic weighted average number of shares outstanding
12,904,397

 
13,248,876

 
13,246,423

Net dilutive effect of share-based awards, treasury method (1)
947,435

 
812,493

 
426,938

Diluted weighted average number of shares outstanding
13,851,832

 
14,061,369

 
13,673,361

 
 
 
 
 
 
Net income from continuing operations
$
52,953

 
$
28,892

 
$
21,686

Net income from discontinued operations

 

 
1,130

Net income
$
52,953

 
$
28,892

 
$
22,816

 
 
 
 
 
 
Basic net income per share
 
 
 
 
 
Continuing operations
$
4.10

 
$
2.18

 
$
1.65

Discontinued operations (2)

 

 
0.07

Net income per share
$
4.10

 
$
2.18

 
$
1.72

 
 
 
 
 
 
Diluted net income per share
 
 
 
 
 
Continuing operations
$
3.82

 
$
2.05

 
$
1.60

Discontinued operations (2)

 

 
0.07

Net income per share
$
3.82

 
$
2.05

 
$
1.67

 
(1)
For the year ended December 31, 2019, the diluted net income per share computation does not          include the anti-dilutive effect of 7,628 shares of Class A Stock granted under share-based
compensation arrangements (4,050 and 10,592 shares for the years ended December 31, 2018 and 2017, respective