Share Capital and Capital In Excess of Par Value

6 Months Ended

Jun. 30, 2019

Share Capital and Capital In Excess of Par Value

Share Capital and Capital In Excess of Par Value

NOTE 4—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 March 31, 2019	39,418	$	27,374	26,342	$	18,293	90	$	(1,992)	$	719,212
Issuance of 3% stock dividend	—		—	—		—	—		—		—
Conversion of Class B common shares to common shares	40		29	(40)		(29)	—		—		—
Purchase and retirement of common shares	(225)		(158)	—		—	—		—		(8,509)
Balance at June 30, 2019	39,233	$	27,245	26,302	$	18,264	90	$	(1,992)	$	710,703
Balance at March 31, 2018	38,724	$	26,891	25,637	$	17,804	88	$	(1,992)	$	703,194
Issuance of 3% stock dividend	—		—	—		—	—		—		—
Conversion of Class B common shares to common shares	32		23	(32)		(23)	—		—		—
Purchase and retirement of common shares	(111)		(77)	-		—	—		—		(3,229)
Balance at June 30, 2018	38,645	$	26,837	25,605	$	17,781	88	$	(1,992)	$	699,965
Balance at December 31, 2018	38,544	$	26,767	25,584	$	17,767	88	$	(1,992)	$	696,535
Issuance of 3% stock dividend	1,150		798	767		532	2		—		32,999
Conversion of Class B common shares to common shares	49		35	(49)		(35)	—		—		—
Purchase and retirement of common shares	(510)		(355)	—		—	—		—		(18,831)
Balance at June 30, 2019	39,233	$	27,245	26,302	$	18,264	90	$	(1,992)	$	710,703
Balance at December 31, 2017	37,960	$	26,361	24,891	$	17,285	85	$	(1,992)	$	656,752
Issuance of 3% stock dividend	1,125		781	746		518	3		—		58,689
Conversion of Class B common shares to common shares	32		22	(32)		(22)	—		—		—
Purchase and retirement of common shares	(472)		(327)	—		—	—		—		(15,476)
Balance at June 30, 2018	38,645	$	26,837	25,605	$	17,781	88	$	(1,992)	$	699,965