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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
Class A Common Stock
Class C Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Retained Earnings
Treasury Stock
Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2018 $ 30,609,596 $ 4,387,286 $ 41,821,778 $ (2,823) $ 95,201,732 $ (206,396) $ 171,811,173
Net earnings 1,930,318 1,930,318
Other comprehensive loss 820 820
Stock-based compensation expense 64,704 64,704
Exercise of stock options 8,936 8,444 17,380
Sale of treasury stock 295,153 42,343 337,496
Purchase of treasury stock (112,404) (112,404)
Stock dividends 282 (4) 489 (769) (2)
Conversion Class C to Class A 6,560 (6,560)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2019 30,625,374 4,380,722 42,190,568 (2,003) 97,131,281 (276,457) 174,049,485
Net earnings 3,480,054 3,480,054
Other comprehensive loss 716   716
Stock-based compensation expense 65,037 65,037
Exercise of stock options 20,274 9,519 29,793
Sale of treasury stock 92,605 25,190 117,795
Purchase of treasury stock (174,704) (174,704)
Conversion Class C to Class A 12 (14) 2
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2019 30,645,660 4,380,708 42,357,731 (1,287) 100,611,335 (425,971) 177,568,176
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2019 32,215,558 5,001,774 46,091,112 13,726,514 101,256,229 (1,580,582) 196,710,605
Net earnings 1,424,449 1,424,449
Other comprehensive loss (8,852,313) (8,852,313)
Stock-based compensation expense 65,877 65,877
Exercise of stock options 44,822 (33,930) 10,892
Sale of treasury stock 218,280 264,081 482,361
Purchase of treasury stock (129,608) (129,608)
Stock dividends 2,322 (1,020) 2,292 (3,594)
Conversion Class C to Class A 22,324 (22,324)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2020 32,285,026 4,978,430 46,343,631 4,874,201 102,677,084 (1,446,109) 189,712,263
Net earnings 20,557,047 20,557,047
Other comprehensive loss 12,019,888 12,019,888
Stock-based compensation expense 101,520 101,520
Exercise of stock options 22,726 (22,726)
Sale of treasury stock 319,676 664,546 984,222
Purchase of treasury stock (760,713) (760,713)
Stock dividends 807,356 124,460 2,175,790 (3,107,607) (1)
Conversion Class C to Class A
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2020 $ 33,115,108 $ 5,102,890 $ 48,917,891 $ 16,894,089 $ 120,126,524 $ (1,542,276) $ 222,614,226