Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY

v2.4.0.6
STOCKHOLDERS' EQUITY
 9 Months Ended
Sep. 30, 2012
STOCKHOLDERS' EQUITY

(9) STOCKHOLDERS’ EQUITY

During the three months ended September 30, 2012, no shares of Class B common stock were converted into shares of Class A common stock. During the nine months ended September 30, 2012, 22,880 shares of Class B common stock were converted into shares of Class A common stock. During the three months ended September 30, 2011, no shares of Class B common stock were converted into shares of Class A common stock. During the nine months ended September 30, 2011, 13,640 shares of Class B common stock were converted into shares of Class A common stock.

 

The following table reconciles equity attributable to non-controlling interest (in thousands):

 

     Nine-Months Ended September 30,  
         2012              2011      

Non-controlling interest, January 1

    $ 39,966       $ 37,631   

Net earnings attributable to non-controlling interest

      1,290         280   

Foreign currency translation adjustment

      278         244   

Capital contribution by non-controlling interest

      2,000         115   
  

 

 

     

 

 

  

Non-controlling interest, September 30

    $ 43,534       $ 38,270