(11) Shareholders' Equity:

Changes in common stock outstanding and additional paid-in-capital are as follows:

	Class A				Class B				Additional
		Shares		Amount		Shares		Amount	Paid-in Capital
Balance at December 31, 2017		2,623,109	$	112		12,423,518	$	530	$	55,078
Restricted stock grants		–		–		12,502		1		521
Repurchase of common shares		(300)		–		(112,175)		(5)		(484)
Balance at September 30, 2018		2,622,809	$	112		12,323,845	$	526	$	55,115

During the nine months ended September 30, 2018, the Company paid $2,620 to repurchase 300 shares of Class A and 112,175 shares of Class B common stock under a share repurchase program approved by its Board of Directors on August 31, 2017 and reaffirmed on August 7, 2018.

The change in equity for the nine months ended September 30, 2018 was as follows:

	Total Equity
Balance at December 31, 2017	$	418,811
Net loss		(9,508)
Other comprehensive loss		(6,507)
Cash dividends paid to shareholders		(12,652)
Restricted stock grants		521
Repurchase of common shares		(2,620)
Balance at September 30, 2018	$	388,045

The change in equity for the nine months ended September 30, 2017 was as follows:

	Total Equity
Balance at December 31, 2016	$	404,345
Net income		1,847
Other comprehensive income		11,947
Cash dividends paid to shareholders		(12,249)
Restricted stock grants		920
Repurchase of common shares		(1,880)
Balance at September 30, 2017	$	$ 404,930

The following table illustrates changes in accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2018:

	Foreign Currency		Unrealized Holding Gains on Available-for-sale Securities		Total
Beginning balance at December 31, 2017	$	(309)	$	46,700	$	46,391

Cumulative effect of adoption of ASU 2016-01, net of tax		–		(46,157)		(46,157)

Balance at January 1, 2018		(309)		543		234

Cumulative effect of adoption of ASU 2018-02		–		117		117
Other comprehensive loss before reclassifications		(209)		(4,815)		(5,024)
Amounts reclassified from accumulated other comprehensive income (loss)		–		(1,483)		(1,483)

Net current-period other comprehensive loss		(209)		(6,298)		(6,507)

Ending balance at September 30, 2018	$	(518)	$	(5,638)	$	(6,156)

The following table illustrates changes in accumulated other comprehensive income by component for the nine months ended September 30, 2017:

	Foreign Currency		Unrealized Holding Gains on Available-for-sale Securities		Total
Beginning balance	$	(831)	$	34,051	$	33,220

Other comprehensive income before reclassifications		510		15,999		16,509
Amounts reclassified from accumulated other comprehensive income		–		(4,562)		(4,562)

Net current-period other comprehensive income		510		11,437		11,947

Ending balance	$	(321)	$	45,488	$	45,167