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Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Class A Common Stock
Common Stock.
Class B Common Stock
Common Stock.
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Total
Balance at Dec. 31, 2022 $ 78 $ 0 $ 71,664 $ 143,896 $ (37,109) $ 178,529
Balance (in shares) at Dec. 31, 2022 7,867 0        
Net income $ 0 $ 0 0 9,500   9,500
Issuance of restricted stock $ 2 $ 0 (2)      
Issuance of restricted stock (in shares) 140 0        
Dividends declared per common share $ 0 $ 0 0 (18,625)   (18,625)
Compensation expense related to restricted stock awards 0 0 1,116     1,116
Purchase of shares held in treasury 0 0 0   (227) (227)
401(k) plan contribution 0 0 (185)   441 256
Balance at Dec. 31, 2023 $ 80 $ 0 72,593 134,771 (36,895) 170,549
Balance (in shares) at Dec. 31, 2023 8,007 0        
Net income $ 0 $ 0 0 3,460   3,460
Issuance of restricted stock $ 2 $ 0 (2)      
Issuance of restricted stock (in shares) 177 0        
Forfeiture of restricted stock $ 0 $ 0 0      
Forfeiture of restricted stock (in shares) (1) 0        
Dividends declared per common share $ 0 $ 0 0 (10,015)   (10,015)
Compensation expense related to restricted stock awards 0 0 1,950     1,950
Purchase of shares held in treasury 0 0 0   (290) (290)
401(k) plan contribution 0 0 (207)   475 268
Balance at Dec. 31, 2024 $ 82 $ 0 $ 74,334 $ 128,216 $ (36,710) $ 165,922
Balance (in shares) at Dec. 31, 2024 8,183 0