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SHAREHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2021
SHAREHOLDERS' EQUITY
7.
SHAREHOLDERS’ EQUITY
Common Stock Dividends
We paid cash dividends of $1.775 and $1.60
per share of both Common and Class B common stock during the quarters ended March 31, 2021 and 2020, respectively. 
Non-Vested
Restricted Stock
There were no shares of
non-vested
restricted stock that vested during the quarter ended March 31, 2021. During the quarter ended March 31, 2020,
4,828
 shares of Common and Class B common stock with an aggregate fair market value of 
$791
 were withheld as payment in lieu of cash to satisfy tax withholding obligations in connection with the vesting of restricted stock. These shares were retired upon delivery.
Exerci
s
e of Stock Options
Cash received from the exercis
e
 of stock options during the quarters ended March 31, 2021 and 2020 was $3,469 and $2,188, respectively.
Employee Stock Purchase Plan
During the quarters ended March 31, 2021 and 2020, we received net proceeds of $405 and $353, respectively, for shares of our Common stock purchased under our employee stock purchase plan.