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Note 12 - Equity
 9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Equity [Text Block]

Note 12.

Equity

 

On December 31, 2024, after market close, the Company effected a 2 for 1 forward split on its Class A common stock and Class B common stock outstanding in the form of a stock dividend, under which each stockholder of the Company’s Class A common stock on that date received one additional share of the Company’s $0.01 par value Class A common stock for every one share owned and each stockholder of the Company’s Class B common stock on that date received one additional share of the Company’s $0.01 par value Class B common stock for every one share owned. All share and per share amounts presented in this Quarterly Report on Form 10-Q, including with respect to dividends and in the financial statement and notes hereto have been adjusted for the stock split.

 

On  February 13, 2024, our Board declared a cash dividend of $0.055 per share which was paid on  March 29, 2024, to stockholders of record on  March 1, 2024. On  May 15, 2024, our Board declared a cash dividend of $0.055 per share which was paid on  June 28, 2024, to stockholders of record on  June 7, 2024. On  August 14, 2024, our Board declared a cash dividend of $0.055 per share which was paid on  September 27, 2024, to stockholders of record on  September 6, 2024. On  November 21, 2024, our Board declared a cash dividend of $0.055 per share which was paid on  December 27, 2024, to stockholders of record on  December 6, 2024.

 

On  February 10, 2025, our Board declared a cash dividend of $0.07 per share which was paid on  March 28, 2025, to stockholders of record on  March 7, 2025. On  May 14, 2025, our Board declared a cash dividend of $0.07 per share which was paid on  June 27, 2025, to stockholders of record on  June 6, 2025. On  August 12, 2025, our Board declared a cash dividend of $0.07 per share which was paid on  September 26, 2025, to stockholders of record on  September 5, 2025.

 

On  April 23, 2025, our Board approved a stock repurchase authorization of up to $50.0 million of our Class A common stock. Under such authorization, we repurchased approximately 1.6 million shares of our Class A common stock for $36.2 million during the nine months ended September 30, 2025.