Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

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, 2022	54,000	$	100.58	$	2,170	18,869	$	132.73
Granted	9,900		214.75		154	18,870		204.17
Exercised (stock options); vested (restricted stock)	(17,400)		94.55		1,589	(19,374)		137.43
Forfeited	—		—		—	(118)		136.86
Outstanding (stock options); non-vested (restricted stock) at December 31, 2023	46,500	$	127.15	$	4,799	18,247	$	201.59
Exercisable at December 31, 2023	36,500	$	105.01	$	4,575	n/a		n/a

	2023		2022		2021
Weighted-average fair value of stock options granted during the year	$	84.30	$	49.76	$	42.10
Weighted-average remaining contractual life for stock options in years		6.85		6.87		6.85
Total fair value of stock options vested during the year	$	434	$	287	$	321
Total intrinsic value of stock options exercised during the year	$	1,589	$	157	$	647
Total fair value of restricted stock vested during the year	$	2,663	$	2,235	$	2,096