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Common Stock and Treasury Stock
3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Common Stock and Treasury Stock
4. Common Stock and Treasury Stock
 
The following summarizes information relating to the number of shares of our common stock issued in connection with stock transactions through March 31, 2017:
 
 
 
Common Stock Issued
 
 
 
Class A
 
Class B
 
 
 
(Shares in thousands)
 
Balance, January 1, 2016
 
 
6,603
 
 
865
 
Conversion of shares
 
 
12
 
 
(12)
 
Issuance of restricted stock
 
 
23
 
 
25
 
Balance, December 31, 2016
 
 
6,638
 
 
878
 
Balance, March 31, 2017
 
 
6,638
 
 
878
 
 
We have a Stock Buy-Back Program to allow us to purchase up to $75.8 million of our Class A Common Stock. As of March 31, 2017 we have remaining authorization of $24.2 million for future repurchases of our Class A Common Stock.