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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
Three Months Ended September 30,
 
2012
 
2011
 
Class A
 
Class B
 
Class A
 
Class B
 
(In thousands except per share amounts)
 
 
 
 
 
 
 
 
Numerator for Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income
$
24,322

 
 
 
19,265

 
 
Dividends - Class A shares
(1,237
)
 
 
 
(1,235
)
 
 
Dividends - Class B shares
(36
)
 
 
 
(36
)
 
 
 
 
 
 
 
 
 
 
Undistributed income
$
23,049

 
 
 
17,994

 
 
 
 
 
 
 
 
 
 
Allocation of net income:
 

 
 
 
 

 
 
Dividends
$
1,237

 
36

 
1,235

 
36

Allocation of undistributed income
22,397

 
652

 
17,485

 
509

 
 
 
 
 
 
 
 
Net income
$
23,634

 
688

 
18,720

 
545

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

Basic earnings per share - weighted-average shares
3,435

 
200

 
3,435

 
200

Effect of dilutive stock options

 

 
1

 

 
 
 
 
 
 
 
 
Diluted earnings per share - adjusted weighted-average shares for assumed conversions
3,435

 
200

 
3,436

 
200

 
 
 
 
 
 
 
 
Basic Earnings Per Share
$
6.88

 
3.44

 
5.45

 
2.73

 
 
 
 
 
 
 
 
Diluted Earnings Per Share
$
6.88

 
3.44

 
5.45

 
2.73


 
Nine Months Ended September 30,
 
2012
 
2011
 
Class A
 
Class B
 
Class A
 
Class B
 
(In thousands except per share amounts)
 
 
 
 
 
 
 
 
Numerator for Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income
$
67,309

 
 
 
51,265

 
 
Dividends - Class A shares
(1,237
)
 
 
 
(1,235
)
 
 
Dividends - Class B shares
(36
)
 
 
 
(36
)
 
 
 
 
 
 
 
 
 
 
Undistributed income
$
66,036

 
 
 
49,994

 
 
 
 
 
 
 
 
 
 
Allocation of net income:
 

 
 
 
 

 
 
Dividends
$
1,237

 
36

 
1,235

 
36

Allocation of undistributed income
64,168

 
1,868

 
48,580

 
1,414

 
 
 
 
 
 
 
 
Net income
$
65,405

 
1,904

 
49,815

 
1,450

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

Basic earnings per share - weighted-average shares
3,435

 
200

 
3,433

 
200

Effect of dilutive stock options

 

 
4

 

 
 
 
 
 
 
 
 
Diluted earnings per share - adjusted weighted-average shares for assumed conversions
3,435

 
200

 
3,437

 
200

 
 
 
 
 
 
 
 
Basic Earnings Per Share
$
19.04

 
9.52

 
14.51

 
7.25

 
 
 
 
 
 
 
 
Diluted Earnings Per Share
$
19.04

 
9.52

 
14.49

 
7.25