SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE:

12 Months Ended

Dec. 31, 2012

SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE:

SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE:

NOTE 5—SHARE CAPITAL AND CAPITAL IN EXCESS OF PAR VALUE:

	Common Stock					Class B Common Stock					Treasury Stock					Capital in Excess of Par
	Shares		Amount			Shares		Amount			Shares		Amount			Value
	(000’s)					(000’s)					(000’s)
Balance at January 1, 2010	35,802		$	24,862		19,919		$	13,833		(67	)	$	(1,992	)	$	482,250
Issuance of 3% stock dividend	1,070		743			597		414			(2	)	—			45,526
Conversion of Class B common shares to common shares	50		35			(50	)	(35		)	—		—			—
Purchase and retirement of common shares	(865	)	(600		)	—		—			—		—			(22,281		)
Balance at December 31, 2010	36,057		25,040			20,466		14,212			(69	)	(1,992		)	505,495
Issuance of 3% stock dividend	1,077		748			612		426			(2	)	—			45,880
Conversion of Class B common shares to common shares	53		37			(53	)	(37		)	—		—			—
Purchase and retirement of common shares	(708	)	(492		)	—		—			—		—			(17,698		)

	Common Stock					Class B Common Stock					Treasury Stock					Capital in Excess of Par
	Shares		Amount			Shares		Amount			Shares		Amount			Value
	(000’s)					(000’s)					(000’s)
Balance at December 31, 2011	36,479		$	25,333		21,025		$	14,601		(71	)	$	(1,992	)	$	533,677
Issuance of 3% stock dividend	1,085		753			631		437			(2	)	—			37,046
Conversion of Class B common shares to common shares	29		20			(29	)	(20		)	—		—			—
Purchase and retirement of common shares	(944	)	(656		)	—		—			—		—			(23,147		)
Balance at December 31, 2012	36,649		$	25,450		21,627		$	15,018		(73	)	$	(1,992	)	$	547,576

Average shares outstanding and all per share amounts included in the financial statements and notes thereto have been adjusted retroactively to reflect annual three percent stock dividends.

While the Company does not have a formal or publicly announced Company Common Stock purchase program, the Company’s board of directors periodically authorizes a dollar amount for such share purchases.

Based upon this policy, shares were purchased and retired as follows:

Year	Total Number of Shares Purchased (000’s)	Average Price Paid Per Share
2012	944	$	25.16
2011	708	$	25.64
2010	865	$	26.41