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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
Three Months Ended June 30,
 
2013
 
2012
 
Class A
 
Class B
 
Class A
 
Class B
 
(In thousands except per share amounts)
 
 
 
 
 
 
 
 
Numerator for Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income
$
26,991

 
 
 
23,246

 
 
Dividends - Class A shares

 
 
 

 
 
Dividends - Class B shares

 
 
 

 
 
 
 
 
 
 
 
 
 
Undistributed income
$
26,991

 
 
 
23,246

 
 
 
 
 
 
 
 
 
 
Allocation of net income:
 

 
 
 
 

 
 
Dividends
$

 

 

 

Allocation of undistributed income
26,227

 
764

 
22,589

 
658

 
 
 
 
 
 
 
 
Net income
$
26,227

 
764

 
22,589

 
658

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

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

 
200

 
3,435

 
200

Effect of dilutive stock options
7

 

 

 

 
 
 
 
 
 
 
 
Diluted earnings per share - adjusted weighted-average shares for assumed conversions
3,442

 
200

 
3,435

 
200

 
 
 
 
 
 
 
 
Basic Earnings Per Share
$
7.64

 
3.82

 
6.58

 
3.29

 
 
 
 
 
 
 
 
Diluted Earnings Per Share
$
7.62

 
3.82

 
6.58

 
3.29

 
Six Months Ended June 30,
 
2013
 
2012
 
Class A
 
Class B
 
Class A
 
Class B
 
(In thousands except per share amounts)
 
 
 
 
 
 
 
 
Numerator for Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income
$
43,623

 
 
 
42,987

 
 
Dividends - Class A shares

 
 
 

 
 
Dividends - Class B shares

 
 
 

 
 
 
 
 
 
 
 
 
 
Undistributed income
$
43,623

 
 
 
42,987

 
 
 
 
 
 
 
 
 
 
Allocation of net income:
 

 
 
 
 

 
 
Dividends
$

 

 

 

Allocation of undistributed income
42,389

 
1,234

 
41,771

 
1,216

 
 
 
 
 
 
 
 
Net income
$
42,389

 
1,234

 
41,771

 
1,216

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

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

 
200

 
3,435

 
200

Effect of dilutive stock options
6

 

 

 

 
 
 
 
 
 
 
 
Diluted earnings per share - adjusted weighted-average shares for assumed conversions
3,441

 
200

 
3,435

 
200

 
 
 
 
 
 
 
 
Basic Earnings Per Share
$
12.34

 
6.17

 
12.16

 
6.08

 
 
 
 
 
 
 
 
Diluted Earnings Per Share
$
12.32

 
6.17

 
12.16

 
6.08