Earnings per share ("EPS") (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Reconciliation of Basic EPS and Diluted EPS

The following table is a reconciliation of basic EPS and diluted EPS.

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands except share and per share data)	2019		2018		2019		2018
Basic EPS Computation:
Numerator:
Net income, Class A	$	7,986	$	7,535	$	22,849	$	20,674
Net income, Class B		2,098		2,046		6,118		5,614
Denominator:
Weighted average shares outstanding, Class A		3,650,449		3,608,329		3,627,076		3,608,129
Weighted average shares outstanding, Class B		1,917,460		1,959,580		1,940,833		1,959,780
Basic EPS, Class A	$	2.19	$	2.09	$	6.30	$	5.73
Basic EPS, Class B		1.09		1.04		3.15		2.86
Diluted EPS Computation:
Numerator:
Net income, Class A	$	7,986	$	7,535	$	22,849	$	20,674
Net income, Class B		2,098		2,046		6,118		5,614
Total net income, for diluted EPS, Class A computation		10,084		9,581		28,967		26,288
Denominator:
Weighted average shares outstanding, basic, Class A		3,650,449		3,608,329		3,627,076		3,608,129
Weighted average shares outstanding, Class B		1,917,460		1,959,580		1,940,833		1,959,780
Weighted average shares outstanding diluted, Class A		5,567,909		5,567,909		5,567,909		5,567,909
Weighted average shares outstanding, Class B		1,917,460		1,959,580		1,940,833		1,959,780
Diluted EPS, Class A	$	1.81	$	1.72	$	5.20	$	4.72
Diluted EPS, Class B		1.09		1.04		3.15		2.86