Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v2.4.0.8
Stockholders' Equity
 9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Stockholders' Equity

(8) STOCKHOLDERS’ EQUITY

During the three months ended September 30, 2013, 88,160 shares of Class B common stock were converted into shares of Class A common stock. 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, 2013, 104,396 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.

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

 

     Nine-Months Ended September 30,  
     2013     2012  

Non-controlling interest, January 1

    $ 43,120      $

 

 

 39,966

1,290

278

   

  

  

Net earnings attributable to non-controlling interest

      4,144     

Foreign currency translation adjustment

      (15 )   

Capital contribution by non-controlling interest

      3,635        2,000   

Capital distribution to non-controlling interest

      (2,575 )      0   
  

 

 

    

 

 

  

Non-controlling interest, September 30

    $ 48,309      $ 43,534