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

	Class B															Capital in Excess
	Common Stock					Common Stock					Treasury Stock					of Par
	Shares		Amount			Shares		Amount			Shares		Amount			Value
	(000’s)					(000’s)					(000’s)
Balance at January 1, 2011	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		)
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
Issuance of 3% stock dividend	1,095		761			648		450			(3	)	—			47,714
Conversion of Class B common shares to common shares	19		13			(19	)	(13		)	—		—			—
Purchase and retirement of common shares	(752	)	(522		)	—		—			—		—			(22,621		)
Balance at December 31, 2013	37,011		$	25,702		22,256		$	15,455		(76	)	$	(1,992	)	$	572,669

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
2013	752	$	30.73
2012	944	$	25.16
2011	708	$	25.64