EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2017

EARNINGS PER SHARE

Earnings Per Share and Diluted Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands, except per share data)	2017		2016		2017		2016
Net income	$	10,706	$	9,828	$	40,794	$	35,903
Weighted average shares outstanding		21,153		20,925		20,921		20,946
Effect of dilutive securities		83		13		79		11
Average shares outstanding including dilutive securities		21,236		20,938		21,000		20,957
Basic earnings per share:
Class A Common Stock	$	0.51	$	0.47	$	1.97	$	1.73
Class B Common Stock		0.47		0.43		1.79		1.58
Diluted earnings per share:
Class A Common Stock	$	0.51	$	0.47	$	1.96	$	1.73
Class B Common Stock		0.47		0.43		1.78		1.57

Stock Option

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2017	2016	2017	2016
Antidilutive stock options	4,500	5,000	4,500	7,500
Average antidilutive stock options	3,833	2,500	1,667	5,000