Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
9 Months Ended
Sep. 30, 2011
Stockholders' Equity [Abstract]  
STOCKHOLDERS' EQUITY

(9) STOCKHOLDERS’ EQUITY

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. During the three months and nine months ended September 30, 2010, 34,900 and 1,049,005 shares of Class B common stock were converted into shares of Class A common stock, respectively.

 

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

 

                 
    Nine-Months Ended September 30,  
    2011     2010  

Non-controlling interest, January 1

  $ 37,631     $ 3,448  

Net earnings attributable to non-controlling interest

    280       108  

Foreign currency translation adjustment

    244       241  

Capital contribution by non-controlling interest

    115       31,000  
   

 

 

   

 

 

 

Non-controlling interest, September 30

  $ 38,270     $ 34,797