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Securities registered pursuant to Section 12(g) of the Act: Class B voting common stock

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes        ☒                              No           ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes        ☒                               No          ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.  See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.  (Check one):

Large accelerated filer			☒			Accelerated filer			☐
Non-accelerated filer			☐			Smaller reporting company			☐
						Emerging growth company			☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes         ☐                               No           ☒

As of July 30, 2021, the registrant had outstanding 1,030,780 shares of Class A voting common stock, 500,301 shares of Class B voting common stock, and 9,234,594 shares of Class C non-voting common stock.

Table of Contents

PART I						4
Item 1.			Financial Statements			4
			Consolidated Balance Sheets			4
			Consolidated Statements of Operations			5
			Consolidated Statements of Comprehensive Income			6
			Consolidated Statements of Equity			7
			Consolidated Statements of Cash Flows			9
			Notes to Consolidated Financial Statements			10
Item 2.			Management's Discussion and Analysis of Financial Condition and Results of Operations			57
			Updates to Critical Accounting Estimates			57
			Forward-Looking Statements			57
			Overview			59
			Use of Non-GAAP Measures			63
			Results of Operations			65
			Outlook			80
			Balance Sheet Review			85
			Risk Management			85
			Liquidity and Capital Resources			102
			Other Matters			103
			Supplemental Information			104
Item 3.			Quantitative and Qualitative Disclosures About Market Risk			108
Item 4.			Controls and Procedures			109
PART II						109
Item 1.			Legal Proceedings			110
Item 1A.			Risk Factors			110
Item 2.			Unregistered Sales of Equity Securities and Use of Proceeds			110
Item 3.			Defaults Upon Senior Securities			110
Item 4.			Mine Safety Disclosures			110
Item 5.			Other Information			110
Item 6.			Exhibits and Financial Statement Schedules			110
Signatures						112