Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Schedule Computing Earnings Per Share

The amounts used in computing earnings per share and the weighted average number of shares of potentially dilutive securities are as follows:
 

	Three months ended September 30,				Nine months ended September 30,
(in thousands, except market price and earnings per share data)	2014		2013		2014		2013
Net income attributable to the Company	$	11,812	$	4,698	$	33,652	$	8,830
Weighted average number of shares:
Weighted average number of shares used in
calculating basic net income per share		31,848		31,719		31,822		31,615
Effect of dilutive stock-based compensation plans:
Stock options		98		122		102		129
Weighted average number of shares used in
calculating diluted net income per share		31,946		31,841		31,924		31,744
Average market price of common stock used
for calculation of dilutive shares	$	37.20	$	34.43	$	36.38	$	30.53
Net income per share:
Basic	$	0.37	$	0.15	$	1.06	$	0.28
Diluted	$	0.37	$	0.15	$	1.05	$	0.28

Schedule of Shares Issued and Outstanding

The following table presents the number of shares issued and outstanding:
 

	Class A		Class B		Treasury			Net shares
	Shares		Shares		Shares			Outstanding
September 30, 2014		37,076,689		3,235,048		(8,459,498	)		31,852,239
June 30, 2014		37,064,939		3,235,048		(8,459,498	)		31,840,489
September 30, 2013		36,954,027		3,236,098		(8,463,635	)		31,726,490