(11) Shareholders' Equity:

Changes in common stock outstanding and additional paid-in-capital are as follows:

											Additional
			Class A					Class B			Paid-in
	Shares			Amount		Shares			Amount		Capital
Balance at December 31, 2017		2,623,109		$	112		12,423,518		$	530	$	55,078
Restricted stock grants		-			-		5,064			-		478
Repurchase of common shares		-			-		(10,500	)		-		(45	)
Balance at March 31, 2018		2,623,109		$	112		12,418,082		$	530	$	55,511

During the first quarter of 2018, the Company paid $235 to repurchase 10,500 shares of Class B common stock under a share repurchase program approved by its Board of Directors on August 31, 2017.

The change in equity for the three months ended March 31, 2018 was as follows:

	Total equity
Balance at December 31, 2017	$	418,811
Net income		330
Other comprehensive loss		(3,344	)
Cash dividends paid to shareholders		(4,229	)
Restricted stock grants		478
Repurchase of common shares		(235	)
Balance at March 31, 2018	$	411,811

The change in equity for the three months ended March 31, 2017 was as follows:

	Total equity
Balance at December 31, 2016	$	404,345
Net income		6,756
Other comprehensive income		5,400
Cash dividends paid to shareholders		(4,080	)
Restricted stock grants		481
Balance at March 31, 2017	$	412,902

The following table illustrates changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2018:

				Unrealized
				holding gains on
	Foreign			available-for-sale
	Currency			securities			Total

Beginning balance at December 31, 2017	$	(309	)	$	46,700		$	46,391

Cumulative effect of adoption of
ASU 2016-01, net of tax		-			(46,157	)		(46,157	)

Balance at January 1, 2018		(309	)		543			234

Cumulative effect of adoption of
ASU 2018-02		-			117			117
Other comprehensive loss
before reclassifications		(223	)		(2,998	)		(3,221	)
Amounts reclassified from
accumulated other
comprehensive income (loss)		-			(123	)		(123	)

Net current-period other
comprehensive loss		(223	)		(3,121	)		(3,344	)

Ending balance at March 31, 2018	$	(532	)	$	(2,461	)	$	(2,993	)

The following table illustrates changes in accumulated other comprehensive income by component for the three months ended March 31, 2017:

				Unrealized
				holding gains on
	Foreign			available-for-sale
	Currency			securities			Total

Beginning balance at December 31, 2016	$	(831	)	$	34,051		$	33,220

Other comprehensive income
before reclassifications		65			5,990			6,055

Amounts reclassified from
accumulated other
comprehensive income		-			(655	)		(655	)

Net current-period other
comprehensive income		65			5,335			5,400

Ending balance at March 31, 2017	$	(766	)	$	39,386		$	38,620