Earnings per share ("EPS") (Tables)

9 Months Ended

Sep. 30, 2021

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)	2021		2020		2021		2020
Basic EPS Computation:
Numerator:
Net income, Class A	$	9,326	$	8,630	$	26,452	$	24,254
Net income, Class B		2,406		2,257		6,873		6,355
Denominator:
Weighted average shares outstanding, Class A		3,672,969		3,655,469		3,663,669		3,653,429
Weighted average shares outstanding, Class B		1,894,940		1,912,440		1,904,240		1,914,480
Basic EPS, Class A	$	2.54	$	2.36	$	7.22	$	6.64
Basic EPS, Class B		1.27		1.18		3.61		3.32
Diluted EPS Computation:
Numerator:
Net income, Class A	$	9,326	$	8,630	$	26,452	$	24,254
Net income, Class B		2,406		2,257		6,873		6,355
Total net income, for diluted EPS, Class A computation		11,732		10,887		33,325		30,609
Denominator:
Weighted average shares outstanding, basic, Class A		3,672,969		3,655,469		3,663,669		3,653,429
Weighted average shares outstanding, Class B		1,894,940		1,912,440		1,904,240		1,914,480
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		1,894,940		1,912,440		1,904,240		1,914,480
Diluted EPS, Class A	$	2.11	$	1.96	$	5.99	$	5.50
Diluted EPS, Class B		1.27		1.18		3.61		3.32