| Schedule of Earnings Per Share |
The Common Stock of the Company has a preferential dividend rate of at least 105% of the dividend paid on the Class A Common Stock. Holders of the Class A Common Stock have greater voting rights which include voting as a separate class for the election of up to 75% of the total number of directors whereas holders of the Common Stock vote as a separate class for the election of at least 25% of the total number of directors. On all other matters subject to shareholder vote, holders of the Class A Common Stock have ten votes per share as opposed to holders of the Common Stock receiving one vote per share. Class A Common Stock may be converted at any time on a one-for-one basis into Common Stock at the option of the holder of the Class A Common Stock. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Numerator: | | | | | | | | | Common: | | | | | | | | | Distributed earnings | $ | 4,945 | | | $ | 4,807 | | | $ | 9,878 | | | $ | 9,606 | | | Excess distributions | (12) | | | (2,309) | | | (985) | | | (3,600) | | | Basic | 4,933 | | | 2,498 | | | 8,893 | | | 6,006 | | | Class A Common earnings | 373 | | | 191 | | | 674 | | | 461 | | | Diluted | $ | 5,306 | | | $ | 2,689 | | | $ | 9,567 | | | $ | 6,467 | | | | | | | | | | | Class A Common: | | | | | | | | | Distributed earnings | $ | 375 | | | $ | 373 | | | $ | 751 | | | $ | 747 | | | Excess distributions | (2) | | | (182) | | | (77) | | | (286) | | | $ | 373 | | | $ | 191 | | | $ | 674 | | | $ | 461 | | | Denominator: | | | | | | | | | Common: | | | | | | | | | Weighted average shares outstanding - basic | 14,856 | | | 14,983 | | | 14,892 | | | 14,957 | | | Assumed conversion of Class A Common Stock | 1,210 | | | 1,237 | | | 1,210 | | | 1,250 | | | Dilutive options, awards and common stock equivalents | 424 | | | 306 | | | 462 | | | 337 | | | Total weighted-average diluted Common Stock | 16,490 | | | 16,526 | | | 16,564 | | | 16,544 | | | | | | | | | | | Class A Common: | | | | | | | | | Weighted average shares outstanding | 1,210 | | | 1,237 | | | 1,210 | | | 1,250 | | | | | | | | | | | Basic earnings per share: | | | | | | | | | Common Stock | $ | 0.33 | | | $ | 0.17 | | | $ | 0.60 | | | $ | 0.40 | | | Class A Common Stock | $ | 0.31 | | | $ | 0.15 | | | $ | 0.56 | | | $ | 0.37 | | | | | | | | | | | Diluted earnings per share: | | | | | | | | | Common Stock | $ | 0.32 | | | $ | 0.16 | | | $ | 0.58 | | | $ | 0.39 | | | Class A Common Stock | $ | 0.31 | | | $ | 0.15 | | | $ | 0.56 | | | $ | 0.37 | |
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