Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
 6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Stockholders' Equity

(8) STOCKHOLDERS’ EQUITY

During the three months ended June 30, 2013 and June 30, 2012, no shares of Class B common stock were converted into shares of Class A common stock. During the six months ended June 30, 2013, 16,236 shares of Class B common stock were converted into shares of Class A common stock. During the six months ended June 30, 2012, 22,880 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):

 

     Six-Months Ended June 30,  
     2013     2012  

Non-controlling interest, January 1

    $ 43,120      $ 39,966   

Net earnings attributable to non-controlling interest

      2,660        694   

Foreign currency translation adjustment

      (9 )      83   

Capital contribution by non-controlling interest

      3,152        0   

Capital distribution to non-controlling interest

      (1,675 )      0   
  

 

 

    

 

 

  

Non-controlling interest, June 30

    $ 47,248      $ 40,743