XML 66 R55.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Earnings Per Share Reconciliation [Abstract]        
Net income attributable to Karat Packaging Inc. $ 9,100 $ 10,502 $ 15,266 $ 19,507
Weighted average number of common shares in issue (in shares) 19,994,250 19,886,585 19,981,928 19,887,023
Basic earnings per share (in dollars per share) $ 0.46 $ 0.53 $ 0.76 $ 0.98
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Net income attributable to Karat Packaging Inc. $ 9,100 $ 10,502 $ 15,266 $ 19,507
Weighted average number of common shares in issue (in shares) 19,994,250 19,886,585 19,981,928 19,887,023
Dilutive shares        
Stock options and restricted stock units (in shares) 120,000 67,000 113,000 60,000
Adjusted weighted average number of common shares (in shares) 20,113,842 19,953,510 20,094,664 19,947,155
Diluted earnings per share (in dollars per share) $ 0.45 $ 0.53 $ 0.76 $ 0.98
Potentially dilutive shares excluded from diluted earnings per share calculation (in shares) 0 420,000 10,000 427,000