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Quarterly Information (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Information
(Expressed in thousands, except per share amounts)
 
 
 
 
 
 
 
 
Fiscal Quarters
 
 
For the Year Ended December 31, 2019
 
Fourth
 
Third
 
Second
 
First
 
Year
Revenue
 
$
295,881

 
$
234,793

 
$
250,935

 
$
251,770

 
$
1,033,379

Expenses
 
260,908

 
228,297

 
233,544

 
235,718

 
958,467

Income before income taxes
 
34,973

 
6,496

 
17,391

 
16,052

 
74,912

Income taxes
 
9,538

 
2,547

 
5,016

 
4,858

 
21,959

Net income
 
$
25,435

 
$
3,949

 
$
12,375

 
$
11,194

 
$
52,953

 
 
 
 
 
 
 
 
 
 
 
Basic net income per share
 
$
1.99

 
$
0.31

 
$
0.95

 
$
0.86

 
$
4.10

 
 
 
 
 
 
 
 
 
 
 
Diluted net income per share
 
$
1.83

 
$
0.29

 
$
0.89

 
$
0.81

 
$
3.82

 
 
 
 
 
 
 
 
 
 
 
Dividends paid per share
 
$
0.12

 
$
0.12

 
$
0.11

 
$
0.11

 
$
0.46

 
 
 
 
 
 
 
 
 
 
 
Market price of Class A Stock (1)
 
 
 
 
 
 
 
 
 
 
High
 
$
29.25

 
$
31.30

 
$
27.42

 
$
28.73

 
$
31.30

Low
 
$
27.09

 
$
26.42

 
$
24.34

 
$
25.25

 
$
24.34

 
(1) The price quotations above were obtained from the New York Stock Exchange website.

(Expressed in thousands, except per share amounts)
 
 
 
 
 
 
 
 
Fiscal Quarters
 
 
For the Year Ended December 31, 2018
 
Fourth
 
Third
 
Second
 
First
 
Year
Revenue
 
$
243,254

 
$
237,814

 
$
242,556

 
$
234,530

 
$
958,154

Expenses
 
227,677

 
230,660

 
230,039

 
224,909

 
913,285

Income before income
 
15,577

 
7,154

 
12,517

 
9,621

 
44,869

Income taxes
 
7,316

 
2,083

 
3,662

 
2,916

 
15,977

Net income
 
$
8,261

 
$
5,071

 
$
8,855

 
$
6,705

 
$
28,892

 
 
 
 
 
 
 
 
 
 
 
Basic net income per share
 
$
0.62

 
$
0.38

 
$
0.67

 
$
0.51

 
$
2.18

 
 
 
 
 
 
 
 
 
 
 
Diluted net income per share
 
$
0.59

 
$
0.36

 
$
0.63

 
$
0.48

 
$
2.05

 
 
 
 
 
 
 
 
 
 
 
Dividends paid per share
 
$
0.11

 
$
0.11

 
$
0.11

 
$
0.11

 
$
0.44

 
 
 
 
 
 
 
 
 
 
 
Market price of Class A Stock (1)
 
 
 
 
 
 
 
 
 

High
 
$
33.76

 
$
34.15

 
$
29.80

 
$
29.00

 
$
34.15

Low
 
$
23.52

 
$
27.40

 
$
24.60

 
$
25.25

 
$
23.52