SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE (Tables)

12 Months Ended

Dec. 31, 2016

SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE:

Schedule of changes in share capital and capital in excess of par value

										Capital in
				Class B						Excess
	Common Stock			Common Stock			Treasury Stock			of Par
	Shares	Amount		Shares	Amount		Shares	Amount		Value
	(000’s)			(000’s)			(000’s)
Balance at January 1, 2014	37,011	$	25,702	22,256	$	15,455	76	$	(1,992)	$	572,669
Issuance of 3% stock dividend	1,099		763	667		464	2		—		50,939
Conversion of Class B common shares to common shares	36		25	(36)		(25)	—		—		—
Purchase and retirement of common shares	(861)		(598)	—		—	—		—		(24,422)
Balance at December 31, 2014	37,285		25,892	22,887		15,894	78		(1,992)		599,186
Issuance of 3% stock dividend	1,112		773	687		476	2		—		55,982
Conversion of Class B common shares to common shares	32		22	(32)		(22)	—		—		—
Purchase and retirement of common shares	(1,047)		(727)	—		—	—		—		(32,286)
Balance at December 31, 2015	37,382		25,960	23,542		16,348	80		(1,992)		622,882
Issuance of 3% stock dividend	1,111		772	705		490	3		—		52,410
Conversion of Class B common shares to common shares	26		18	(26)		(18)	—		—		—
Purchase and retirement of common shares	(818)		(569)	—		—	—		—		(28,524)
Balance at December 31, 2016	37,701	$	26,181	24,221	$	16,820	83	$	(1,992)	$	646,768

Schedule of shares purchased and retired

	Total Number of Shares
Year	Purchased (000’s)	Average Price Paid Per Share
2016	818	$	35.51
2015	1,047	$	31.47
2014	861	$	29.02