Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.21.1
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Components of Basic and Diluted Earnings Per Share

The following table sets forth the components of basic and diluted earnings per share for the year ended December 31, 2020:

 

 

 

2020

 

Net income available for Class A and Class B Common Stock

 

$

370,577

 

 

 

 

 

 

Weighted-average shares outstanding, Class A Common Stock

 

 

19,387

 

Weighted-average shares outstanding, Class B Common Stock

 

 

40,613

 

Weighted-average shares outstanding - basic

 

 

60,000

 

 

 

 

 

 

Add dilutive effects of non-vested shares of restricted stock - Class A

 

 

56

 

Weighted-average shares outstanding - diluted

 

 

60,056

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

Class A and Class B Common Stock

 

$

6.18

 

Diluted earnings per share:

 

 

 

 

Class A and Class B Common Stock

 

$

6.17