XML 50 R32.htm IDEA: XBRL DOCUMENT

SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2023
SUBSEQUENT EVENTS	22. SUBSEQUENT EVENTS On January 25, 2024, our Board of Directors approved an increase to the annual cash dividend per share of Common and Class B common stock to $10.80 per share from $9.80 per share, effective with the dividend that will be paid in April 2024. On February 1, 2024, one of our wholly owned subsidiaries acquired Commercial Specialists, Inc., a distributor of HVAC products with annual sales of approximately $13,000, operating from two locations in Cincinnati, Ohio . Consideration for the purchase consisted of $ 6,042 in cash, 1,904 shares of Common stock having a fair value of $ 750 , and $ 562 for repayment of indebtedness, net of cash acquired of $ 1,292 .

SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2023

22. SUBSEQUENT EVENTS

On January 25, 2024, our Board of Directors approved an increase to the annual cash dividend per share of Common and Class B common stock to $10.80 per share from $9.80 per share, effective with the dividend that will be paid in April 2024.

On February 1, 2024, one of our wholly owned subsidiaries acquired Commercial Specialists, Inc., a distributor of HVAC products with annual sales of approximately $13,000, operating from two

locations in Cincinnati, Ohio

. Consideration for the purchase consisted of $

6,042

in cash,

1,904

shares of Common stock having a fair value of $

750

, and $

562

for repayment of indebtedness, net of cash acquired of $

1,292