XML 75 R64.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings Per Share (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Earnings Per Share Reconciliation [Abstract]        
Net income attributable to Karat Packaging Inc. $ 9,583,000 $ 10,072,000 $ 11,363,000 $ 12,523,000
Weighted average number of common shares in issue (in shares) 18,908,648 15,180,879 17,048,160 15,185,440
Basic earnings per share (in dollars per share) $ 0.51 $ 0.66 $ 0.67 $ 0.82
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Net income attributable to Karat Packaging Inc. $ 9,583,000 $ 10,072,000 $ 11,363,000 $ 12,523,000
Weighted average common shares outstanding, basic (in shares) 18,908,648 15,180,879 17,048,160 15,185,440
Dilutive shares        
Stock options and restricted stock units (in shares) 117,223 271,000 117,223 271,000
Adjusted weighted average number of common shares (in shares) 19,025,871 15,451,879 17,165,383 15,456,440
Diluted earnings per share (in dollars per share) $ 0.50 $ 0.65 $ 0.66 $ 0.81
Potentially dilutive shares excluded from diluted earnings per share calculation (in shares)     143,777