Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Stock-Based Compensation

Summary of the Company's stock option and restricted stock activity (in thousands)

		Weighted-					Weighted-
		Average		Aggregate			Average
	Stock	Exercise		Intrinsic		Restricted	Grant-Date
	Options	Price		Value		Stock	Fair Value
Outstanding (stock options); non-vested (restricted stock) at December 31, 2021	46,500	$	91.04	$	1,788	18,146	$	121.26
Granted	9,900		133.18		75	19,601		141.11
Exercised (stock options); vested (restricted stock)	(2,400)		50.11		157	(18,589)		120.25
Forfeited	—		—		—	(289)		117.84
Outstanding (stock options); non-vested (restricted stock) at December 31, 2022	54,000	$	100.58	$	2,170	18,869	$	132.73
Exercisable at December 31, 2022	44,000	$	92.12	$	2,170	n/a		n/a

	2022		2021		2020
Weighted-average fair value of stock options granted during the year	$	49.76	$	42.10	$	31.30
Weighted-average remaining contractual life for stock options in years		6.87		6.85		6.74
Total fair value of stock options vested during the year	$	287	$	321	$	310
Total intrinsic value of stock options exercised during the year	$	157	$	647	$	1,128
Total fair value of restricted stock vested during the year	$	2,235	$	2,096	$	1,612