EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2015

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

14. EARNINGS PER SHARE

The following table sets forth the calculation of basic and diluted net earnings per common share under the two-class method for the three and nine months ended September 30, 2015 and 2014:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
Numerator:
Net earnings	$	4,920	$	1,261	$	16,302	$	6,829
Less dividends declared:
Class A		130		131		391		391
Class B		681		679		2,041		1,986
Undistributed earnings	$	4,109	$	451	$	13,870	$	4,452
Undistributed earnings allocation - basic and diluted:
Class A undistributed earnings	$	722	$	80	$	2,442	$	802
Class B undistributed earnings		3,387		371		11,428		3,650
Total undistributed earnings	$	4,109	$	451	$	13,870	$	4,452
Net earnings allocation - basic and diluted:
Class A net earnings	$	852	$	211	$	2,833	$	1,193
Class B net earnings		4,068		1,050		13,469		5,636
Net earnings	$	4,920	$	1,261	$	16,302	$	6,829
Denominator:
Weighted-average shares outstanding:
Class A - basic and diluted		2,175		2,175		2,175		2,175
Class B - basic and diluted		9,719		9,591		9,694		9,420
Net earnings per share:
Class A - basic and diluted	$	0.39	$	0.10	$	1.30	$	0.55
Class B - basic and diluted	$	0.42	$	0.11	$	1.39	$	0.60