Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share

Schedule of earnings per share

	Three-months ended March 31,
	2021		2020
Net income attributable to Karat Packaging Inc.	$	1,780,000	$	2,451,000
Weighted average number of common shares in issue		15,167,000		15,190,000
Basic earnings per share	$	0.12	$	0.16

	Three-months ended March 31,
	2021		2020
Net income attributable to Karat Packaging Inc.	$	1,780,000	$	2,451,000
Weighted average number of common shares in issue		15,167,000		15,190,000
Dilutive shares				—
Stock options and restricted stock units		236,000		271,000
Adjusted weighted average number of common shares		15,403,000		15,461,000
Diluted earnings per share	$	0.12	$	0.16