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Stockholders' Equity
3 Months Ended
Mar. 31, 2022
Stockholders' Equity [Abstract]  
Stockholders' Equity
NOTE C – Stockholders’ Equity

The following outlines the changes in each caption of stockholders’ equity for the current and comparative periods and the dividends per share for each class of shares.

For the three months ended March 31, 2022:

(in thousands)
 
Common Stock
   
Class A
Common Stock
   
Additional
Paid-In Capital
   
Retained
Earnings
   
Accumulated Other
Comprehensive Loss
   
Treasury
Stock
   
Total
 
Balances at December 31, 2021
 
$
29,907
   
$
1,809
   
$
102,572
   
$
342,983
   
$
(2,293
)
 
$
(219,008
)
 
$
255,970
 
Net income
                           
19,361
                     
19,361
 
Dividends declared:
                                                       
Common Stock, $0.25 per share
                           
(3,964
)
                   
(3,964
)
Class A Common Stock, $0.23 per share
                           
(296
)
                   
(296
)
Acquisition of treasury stock
                                            (12,501 )     (12,501 )
Restricted stock issuances
    17               (534 )                             (517 )
Amortization of restricted stock
                   
2,307
                             
2,307
 
Other comprehensive income
                                   
40
             
40
 
Balances at March 31, 2022
 
$
29,924
   
$
1,809
   
$
104,345
   
$
358,084
   
$
(2,253
)
 
$
(231,509
)
 
$
260,400
 

For the three months ended March 31, 2021:

(in thousands)
 
Common Stock
   
Class A
Common Stock
   
Additional
Paid-In Capital
   
Retained
Earnings
   
Accumulated Other
Comprehensive Loss
   
Treasury
Stock
   
Total
 
Balances at December 31, 2020
 
$
29,600
   
$
1,996
   
$
96,850
   
$
304,626
   
$
(2,560
)
 
$
(177,545
)
 
$
252,967
 
Net income
                           
19,406
                     
19,406
 
Dividends declared:
                                                       
Common Stock, $0.22 per share
                           
(3,717
)
                   
(3,717
)
Class A Common Stock, $0.20 per share
                           
(270
)
                   
(270
)
Class A conversion
    154       (154 )                                      
Restricted stock issuances
    35      
    (835 )                             (800 )
Amortization of restricted stock
                   
2,679
                             
2,679
 
Other comprehensive income
                                   
49
             
49
 
Balances at March 31, 2021
 
$
29,789
   
$
1,842
   
$
98,694
   
$
320,045
   
$
(2,511
)
 
$
(177,545
)
 
$
270,314