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


										Capital in
				Class B						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, 2012	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
Issuance of 3% stock dividend	1,099		763	667		464	2		—		50,939
Conversion of Class B common shares to common shares	36		25	(36)		(25)	—		—		—
Purchase and retirement of common shares	(861)		(598)	—		—	—		—		(24,422)
Balance at December 31, 2014	37,285	$	25,892	22,887	$	15,894	78	$	(1,992)	$	599,186

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:


	Total Number of Shares
Year	Purchased (000’s)	Average Price Paid Per Share
2014	861	$	29.02
2013	752	$	30.73
2012	944	$	25.16