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Stockholders' Equity
6 Months Ended
Jun. 30, 2025
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders’ Equity
The following outlines the changes in each caption of stockholders’ equity for the current and comparative period and the dividends per share for each class of shares.
For the three months ended June 30, 2025:
(in thousands)Common StockClass A
Common Stock
Additional
Paid-In Capital
Retained
Earnings
Accumulated Other
Comprehensive Loss
Treasury
Stock
Total
Balances at March 31, 2025$30,498 $1,767 $118,399 $417,565 $(869)$(261,999)$305,361 
Net income2,689 2,689 
Dividends declared:
Common Stock, $0.32 per share
(4,807)(4,807)
Class A Common Stock, $0.30 per share
(373)(373)
Class A conversion35 (35)— 
Restricted stock issuances100 (1,099)(999)
Amortization of restricted stock1,906 1,906 
Directors' Compensation Plan868 226 1,094 
Balances at June 30, 2025$30,633 $1,732 $120,074 $415,074 $(869)$(261,773)$304,871 
For the six months ended June 30, 2025:
(in thousands)Common StockClass A
Common Stock
Additional
Paid-In Capital
Retained
Earnings
Accumulated Other
Comprehensive Loss
Treasury
Stock
Total
Balances at December 31, 2024$30,419 $1,793 $117,257 $418,960 $(869)$(259,999)$307,561 
Net income6,467 6,467 
Dividends declared:
Common Stock, $0.64 per share
(9,606)(9,606)
Class A Common Stock, $0.60 per share
(747)(747)
Class A conversion61 (61)— 
Acquisition of treasury stock(2,000)(2,000)
Restricted stock issuances153 (2,037)(1,884)
Amortization of restricted stock3,986 3,986 
Directors' Compensation Plan868 226 1,094 
Balances at June 30, 2025$30,633 $1,732 $120,074 $415,074 $(869)$(261,773)$304,871 
For the three months ended June 30, 2024:
(in thousands)Common StockClass A
Common Stock
Additional
Paid-In Capital
Retained
Earnings
Accumulated Other
Comprehensive Loss
Treasury
Stock
Total
Balances at March 31, 2024
$30,316 $1,798 $113,993 $417,020 $(983)$(255,454)$306,690 
Net income4,438 4,438 
Dividends declared:
Common Stock, $0.32 per share
(4,842)(4,842)
Class A Common Stock, $0.30 per share
(383)(383)
Restricted stock issuances98 (1,527)(1,429)
Amortization of restricted stock1,487 1,487 
Directors' Compensation Plan691 446 1,137 
Balances at June 30, 2024
$30,414 $1,798 $114,644 $416,233 $(983)$(255,008)$307,098 
For the six months ended June 30, 2024:
(in thousands)Common StockClass A
Common Stock
Additional
Paid-In Capital
Retained
Earnings
Accumulated Other
Comprehensive Loss
Treasury
Stock
Total
Balances at December 31, 2023
$30,220 $1,804 $113,307 $419,472 $(983)$(255,454)$308,366 
Net income6,831 6,831 
Dividends declared:
Common Stock, $0.62 per share
(9,330)(9,330)
Class A Common Stock, $0.58 per share
(740)(740)
Class A conversion(6)— 
Restricted stock issuances188 (3,484)(3,296)
Amortization of restricted stock4,130 4,130 
Directors' Compensation Plan691 446 1,137 
Balances at June 30, 2024
$30,414 $1,798 $114,644 $416,233 $(983)$(255,008)$307,098