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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Summary of Reconciliation of Numerators and Denominators Used in Basic and Diluted Per Share Computations

We present below a reconciliation of the numerators and denominators we used in the basic and diluted per share computations for our Class A common stock:

 

     Year Ended December 31,  
(in thousands, except per share amounts)    2017      2016      2015  

Basic earnings per share:

        

Numerator:

        

Allocation of net income

   $ 5,879      $ 24,885      $ 17,155  
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Weighted-average shares outstanding

     21,799        20,917        22,046  
  

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.27      $ 1.19      $ 0.78  
  

 

 

    

 

 

    

 

 

 

Diluted earnings per share:

        

Numerator:

        

Allocation of net income

   $ 5,879      $ 24,885      $ 17,155  
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Number of shares used in basic computation

     21,799        20,917        22,046  

Weighted-average effect of dilutive securities

        

Add: Director and employee stock options

     843        613        348  
  

 

 

    

 

 

    

 

 

 

Number of shares used in per share computations

     22,642        21,530        22,394  
  

 

 

    

 

 

    

 

 

 

Diluted earnings per share

   $ 0.26      $ 1.16      $ 0.77  
  

 

 

    

 

 

    

 

 

 

We used the following information in the basic and diluted per share computations for our Class B common stock:

 

     Year Ended December 31,  
(in thousands, except per share amounts)    2017      2016      2015  

Basic and diluted earnings per share:

        

Numerator:

        

Allocation of net income

   $ 1,237      $ 5,916      $ 3,835  
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Weighted-average shares outstanding

     5,577        5,577        5,577  
  

 

 

    

 

 

    

 

 

 

Basic and diluted earnings per share

   $ 0.22      $ 1.06      $ 0.69