Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Reconciliation of basic and diluted weighted average shares outstanding

The table below presents for the periods indicated a reconciliation of the numerators and denominators we used to compute basic and diluted net income per share for each class of our common stock:

	Three Months Ended June 30,
	2012				2011
	Class A		Class B		Class A			Class B
	(in thousands, except per share data)
Basic and diluted net income (loss) per share:
Numerator:
Allocation of net income (loss)	$	1,621	$	402	$	(1,344	)	$	(350	)
Denominator:
Weighted-average shares outstanding		20,041,887		5,576,775		20,026,238			5,576,775
Basic net income (loss) per share	$	0.08	$	0.07	$	(0.07	)	$	(0.06	)
Diluted net income (loss) per share:
Numerator:
Allocation of net income (loss)	$	1,621	$	402	$	(1,344	)	$	(350	)
Denominator:
Number of shares used in basic computation		20,041,887		5,576,775		20,026,238			5,576,775
Weighted-average shares effect of dilutive securities
Add: Director and employee stock options		297,501		—		—			—
Number of shares used in per share computations		20,339,388		5,576,775		20,026,238			5,576,775
Diluted net (loss) income per share	$	0.08	$	0.07	$	(0.07	)	$	(0.06	)

	Six Months Ended June 30,
	2012				2011
	Class A		Class B		Class A		Class B
	(in thousands, except per share data)
Basic and diluted net income per share:
Numerator:
Allocation of net income	$	8,013	$	2,020	$	417	$	95
Denominator:
Weighted-average shares outstanding		20,019,086		5,576,775		20,019,481		5,576,775
Basic net income per share	$	0.40	$	0.36	$	0.02	$	0.02
Diluted net income per share:
Numerator:
Allocation of net income	$	8,013	$	2,020	$	417	$	95
Denominator:
Number of shares used in basic computation		20,019,086		5,576,775		20,019,481		5,576,775
Weighted-average shares effect of dilutive securities
Add: Director and employee stock options		331,169		—		—		—
Number of shares used in per share computations		20,350,255		5,576,775		20,019,481		5,576,775
Diluted net income per share	$	0.39	$	0.36	$	0.02	$	0.02

Reconciliation of diluted shares outstanding

We did not include outstanding options to purchase the following number of shares of Class A common stock in our computation of diluted earnings per share because the exercise price of the options was greater than the average market price of our Class A common stock during the period:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Number of shares excluded		1,229,500		4,021,667		1,226,500		4,021,667