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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Class A Common Stock
Class C Common Stock
Additional Paid-In Capital
Other Comprehensive Income / Loss
Retained Earnings
Treasury Stock
Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2018 $ 30,609,596 $ 4,387,286 $ 41,821,778 $ (2,823) $ 95,201,732 $ (206,396) $ 171,811,173
Net earnings 10,893,519 10,893,519
Other comprehensive income 13,729,337 13,729,337
Stock based compensation expense 256,996 256,996
Exercise of stock options 65,034 382,886 415,990 863,910
Sale of treasury stock 529,858 165,702 695,560
Purchase of treasury stock (1,539,888) 1,539,888
Stock dividends 1,534,356 238,174 3,066,490 (4,839,022) (2)
Conversion Class C to Class A 6,572 (6,572)
Stockholders' Equity Attributable to Parent, Ending Balance at Dec. 31, 2019 32,215,558 5,001,774 46,091,112 13,726,514 101,256,229 (1,580,582) 196,710,605
Net earnings 55,596,613 55,596,613
Other comprehensive income 9,516,619 9,516,619
Stock based compensation expense 358,878 358,878
Exercise of stock options 137,940 261,640 432,572 832,152
Sale of treasury stock 1,224,877 2,715,071 3,939,948
Purchase of treasury stock (2,967,761) 2,967,761
Stock dividends 810,420 123,440 2,179,814 (3,113,675) (1)
Conversion Class C to Class A 27,648 (27,648)
Stockholders' Equity Attributable to Parent, Ending Balance at Dec. 31, 2020 $ 33,191,566 $ 5,359,206 $ 50,287,253 $ 23,243,133 $ 153,739,167 $ (1,833,272) $ 263,987,053