Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Net earnings for the periods shown below are allocated between Class A shares and Class B shares based upon (1) the proportionate number of shares issued and outstanding as of the end of the period, and (2) the per share dividend rights of the two classes under the Company's Restated Certificate of Incorporation (the Class B dividend per share is equal to one-half the Class A dividend per share).



	Three Months Ended March 31,
	2022			2021
	Class A		Class B	Class A	Class B

	(In thousands except per share amounts)

Numerator for Basic and Diluted Earnings Per Share:
Net earnings	$	36,184		62,129
Dividends - Class A shares	—			—
Dividends - Class B shares	—			—

Undistributed earnings	$	36,184		62,129

Allocation of net earnings:
Dividends	$	—	—	—	—
Allocation of undistributed earnings	35,161		1,023	60,372	1,757

Net earnings	$	35,161	1,023	60,372	1,757

Denominator:
Basic earnings per share - weighted-average shares	3,436		200	3,436	200
Effect of dilutive stock options	—		—	—	—

Diluted earnings per share - adjusted weighted-average shares for assumed conversions	3,436		200	3,436	200

Basic earnings per share	$	10.23	5.12	17.57	8.79

Diluted earnings per share	$	10.23	5.12	17.57	8.79