EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2017

EARNINGS PER SHARE

Earnings Per Share and Diluted Earnings Per Share

	Three Months Ended
	March 31,
(in thousands, except per share data)	2017		2016
Net income	$	20,017	$	17,735
Weighted average shares outstanding		20,915		20,904
Effect of dilutive securities		81		105
Average shares outstanding including dilutive securities		20,996		21,009
Basic earnings per share:
Class A Common Stock	$	0.97	$	0.86
Class B Common Stock		0.88		0.78
Diluted earnings per share:
Class A Common Stock	$	0.96	$	0.85
Class B Common Stock		0.88		0.77

Stock Option

	Three Months Ended
	March 31,
	2017	2016
Antidilutive stock options	—	10,500
Average antidilutive stock options	—	10,500