Stock and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Stock by Class

A summary of the change in the number of shares of Class A and Class B common stock and treasury stock issued is as follows:

	Three Months Ended March 31,
	2024			2023
(In thousands)	Common Stock		Treasury	Common Stock		Treasury
	Class A	Class B	Stock	Class A	Class B	Stock
Balance at beginning of year	53,883	1,002	5,330	53,758	1,002	4,937
Stock issued for compensation	17	—	—	34	—	—
Balance at end of period	53,900	1,002	5,330	53,792	1,002	4,937

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share.

Three Months Ended March 31,	2024		2023
(In thousands, except per share amounts)
Basic and diluted earnings per share:
Numerator:
Net income	$	4,542	4,872
Net income allocated to Class A common stock	$	4,542	4,872
Denominator:
Weighted average shares of Class A outstanding - basic	49,564		49,840
Weighted average shares of Class A outstanding - diluted	50,561		50,609
Basic and diluted earnings per share of Class A common stock	$	0.09	0.10