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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity attributable to Karat Packaging Inc.
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Noncontrolling Interest
Balance at the beginning of period (in shares) at Dec. 31, 2020     15,190,000 23,000      
Balance at the beginning of period at Dec. 31, 2020 $ 39,868 $ 32,404 $ 15 $ (248) $ 13,981 $ 18,656 $ 7,464
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 3,050 1,780       1,780 1,270
Balance at the end of period (in shares) at Mar. 31, 2021     15,190,000 23,000      
Balance at the end of period at Mar. 31, 2021 $ 42,918 34,184 $ 15 $ (248) 13,981 20,436 8,734
Balance at the beginning of period (in shares) at Dec. 31, 2021 19,804,417   19,827,417 23,000      
Balance at the beginning of period at Dec. 31, 2021 $ 132,025 122,900 $ 20 $ (248) 83,694 39,434 9,125
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation $ 611 611     611    
Exercise of common stock options (in shares) 5,000            
Exercise of common stock options $ 51 51     51    
Noncontrolling interest tax withholding (387)           (387)
Net income $ 7,943 6,667       6,667 1,276
Balance at the end of period (in shares) at Mar. 31, 2022 19,809,417   19,832,417 23,000      
Balance at the end of period at Mar. 31, 2022 $ 140,243 $ 130,229 $ 20 $ (248) $ 84,356 $ 46,101 $ 10,014