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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, 2021     19,827,417        
Balance at the beginning of period at Dec. 31, 2021 $ 132,025 $ 122,900 $ 20 $ (248) $ 83,694 $ 39,434 $ 9,125
Treasury stock, balance at the beginning of period (in shares) at Dec. 31, 2021       (23,000)      
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) 0         (387)
Net income 7,943 6,667       6,667 1,276
Balance at the end of period (in shares) at Mar. 31, 2022     19,832,417        
Balance at the end of period at Mar. 31, 2022 $ 140,243 130,229 $ 20 $ (248) 84,356 46,101 10,014
Treasury stock, balance at the end of period (in shares) at Mar. 31, 2022       (23,000)      
Balance at the beginning of period (in shares) at Dec. 31, 2022 19,885,005   19,908,005        
Balance at the beginning of period at Dec. 31, 2022 $ 151,933 141,682 $ 20 $ (248) 85,792 56,118 10,251
Treasury stock, balance at the beginning of period (in shares) at Dec. 31, 2022 (23,000)     (23,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation $ 277 277     277    
Issuance of common stock upon vesting of‎ restricted stock units, net shares withheld to‎ cover taxes (in shares)     2,452        
Issuance of common stock upon vesting of‎ restricted stock units, net shares withheld to‎ cover taxes (14) (14)     (14)    
Net income $ 9,186 9,005       9,005 181
Balance at the end of period (in shares) at Mar. 31, 2023 19,887,457   19,910,457        
Balance at the end of period at Mar. 31, 2023 $ 161,382 $ 150,950 $ 20 $ (248) $ 86,055 $ 65,123 $ 10,432
Treasury stock, balance at the end of period (in shares) at Mar. 31, 2023 (23,000)     (23,000)