v3.25.1
Note 13 - Share Incentive Plans - Summary of Stock Option Plans (Details) - Share-Based Payment Arrangement, Option [Member] - $ / shares
3 Months Ended
Mar. 11, 2024
May 12, 2023
Apr. 29, 2022
Mar. 14, 2022
May 17, 2021
Feb. 18, 2021
Mar. 18, 2020
Mar. 20, 2019
Mar. 07, 2018
May 17, 2017
Feb. 10, 2017
Mar. 31, 2025
Turning Point Brands Inc 2015 Equity Incentive Plan [Member] | Awards Granted 20170210 [Member]                        
Number of options granted (in shares)                     40,000  
Options outstanding (in shares)                       20,000
Number exercisable (in shares)                       20,000
Exercise price (in dollars per share)                       $ 13
Remaining lives (Year)                       1 year 10 months 13 days
Risk free interest rate                       1.89%
Expected volatility                       27.44%
Expected life (Year)                       6 years
Dividend yield                       0.00%
Fair value at grant date (in dollars per share)                       $ 3.98
Number of options granted (in shares)                     40,000  
Options outstanding (in shares)                       20,000
Number exercisable (in shares)                       20,000
Exercise price (in dollars per share)                       $ 13
Risk free interest rate                       1.89%
Expected volatility                       27.44%
Expected life (Year)                       6 years
Dividend yield                       0.00%
Fair value at grant date (in dollars per share)                       $ 3.98
Turning Point Brands Inc 2015 Equity Incentive Plan [Member] | Awards Granted 20170517 [Member]                        
Number of options granted (in shares)                   93,819    
Options outstanding (in shares)                       30,969
Number exercisable (in shares)                       30,969
Exercise price (in dollars per share)                       $ 15.41
Remaining lives (Year)                       2 years 1 month 17 days
Risk free interest rate                       1.76%
Expected volatility                       26.92%
Expected life (Year)                       6 years
Dividend yield                       0.00%
Fair value at grant date (in dollars per share)                       $ 4.6
Number of options granted (in shares)                   93,819    
Options outstanding (in shares)                       30,969
Number exercisable (in shares)                       30,969
Exercise price (in dollars per share)                       $ 15.41
Risk free interest rate                       1.76%
Expected volatility                       26.92%
Expected life (Year)                       6 years
Dividend yield                       0.00%
Fair value at grant date (in dollars per share)                       $ 4.6
Turning Point Brands Inc 2015 Equity Incentive Plan [Member] | Awards Granted 20180307 [Member]                        
Number of options granted (in shares)                 98,100      
Options outstanding (in shares)                       47,767
Number exercisable (in shares)                       47,767
Exercise price (in dollars per share)                       $ 21.21
Remaining lives (Year)                       2 years 11 months 8 days
Risk free interest rate                       2.65%
Expected volatility                       28.76%
Expected life (Year)                       6 years
Dividend yield                       0.83%
Fair value at grant date (in dollars per share)                       $ 6.37
Number of options granted (in shares)                 98,100      
Options outstanding (in shares)                       47,767
Number exercisable (in shares)                       47,767
Exercise price (in dollars per share)                       $ 21.21
Risk free interest rate                       2.65%
Expected volatility                       28.76%
Expected life (Year)                       6 years
Dividend yield                       0.83%
Fair value at grant date (in dollars per share)                       $ 6.37
Turning Point Brands Inc 2015 Equity Incentive Plan [Member] | Awards Granted 20190320 [Member]                        
Number of options granted (in shares)               155,780        
Options outstanding (in shares)                       87,607
Number exercisable (in shares)                       87,607
Exercise price (in dollars per share)                       $ 47.58
Remaining lives (Year)                       3 years 11 months 19 days
Risk free interest rate                       2.34%
Expected volatility                       30.95%
Expected life (Year)                       6 years
Dividend yield                       0.42%
Fair value at grant date (in dollars per share)                       $ 15.63
Number of options granted (in shares)               155,780        
Options outstanding (in shares)                       87,607
Number exercisable (in shares)                       87,607
Exercise price (in dollars per share)                       $ 47.58
Risk free interest rate                       2.34%
Expected volatility                       30.95%
Expected life (Year)                       6 years
Dividend yield                       0.42%
Fair value at grant date (in dollars per share)                       $ 15.63
Turning Point Brands Inc 2015 Equity Incentive Plan [Member] | Awards Granted 20200318 [Member]                        
Number of options granted (in shares)             155,000          
Options outstanding (in shares)                       58,214
Number exercisable (in shares)                       58,214
Exercise price (in dollars per share)                       $ 14.85
Remaining lives (Year)                       4 years 11 months 19 days
Risk free interest rate                       0.79%
Expected volatility                       35.72%
Expected life (Year)                       6 years
Dividend yield                       1.49%
Fair value at grant date (in dollars per share)                       $ 4.41
Number of options granted (in shares)             155,000          
Options outstanding (in shares)                       58,214
Number exercisable (in shares)                       58,214
Exercise price (in dollars per share)                       $ 14.85
Risk free interest rate                       0.79%
Expected volatility                       35.72%
Expected life (Year)                       6 years
Dividend yield                       1.49%
Fair value at grant date (in dollars per share)                       $ 4.41
Turning Point Brands Inc 2015 Equity Incentive Plan [Member] | Awards Granted 20210218 [Member]                        
Number of options granted (in shares)           100,000            
Options outstanding (in shares)                       64,900
Number exercisable (in shares)                       64,900
Exercise price (in dollars per share)                       $ 51.75
Remaining lives (Year)                       5 years 10 months 20 days
Risk free interest rate                       0.56%
Expected volatility                       28.69%
Expected life (Year)                       6 years
Dividend yield                       0.55%
Fair value at grant date (in dollars per share)                       $ 13.77
Number of options granted (in shares)           100,000            
Options outstanding (in shares)                       64,900
Number exercisable (in shares)                       64,900
Exercise price (in dollars per share)                       $ 51.75
Risk free interest rate                       0.56%
Expected volatility                       28.69%
Expected life (Year)                       6 years
Dividend yield                       0.55%
Fair value at grant date (in dollars per share)                       $ 13.77
Turning Point Brands Inc 2021 Equity Incentive Plan [Member] | Awards Granted 20210517 [Member]                        
Number of options granted (in shares)         7,500              
Options outstanding (in shares)                       7,500
Number exercisable (in shares)                       7,500
Exercise price (in dollars per share)                       $ 45.05
Remaining lives (Year)                       6 years 1 month 17 days
Risk free interest rate                       0.84%
Expected volatility                       31.50%
Expected life (Year)                       6 years
Dividend yield                       0.63%
Fair value at grant date (in dollars per share)                       $ 13.23
Number of options granted (in shares)         7,500              
Options outstanding (in shares)                       7,500
Number exercisable (in shares)                       7,500
Exercise price (in dollars per share)                       $ 45.05
Risk free interest rate                       0.84%
Expected volatility                       31.50%
Expected life (Year)                       6 years
Dividend yield                       0.63%
Fair value at grant date (in dollars per share)                       $ 13.23
Turning Point Brands Inc 2021 Equity Incentive Plan [Member] | Awards Granted 20220314 [Member]                        
Number of options granted (in shares)       100,000                
Options outstanding (in shares)                       53,005
Number exercisable (in shares)                       53,005
Exercise price (in dollars per share)                       $ 30.46
Remaining lives (Year)                       6 years 11 months 15 days
Risk free interest rate                       2.10%
Expected volatility                       35.33%
Expected life (Year)                       6 years
Dividend yield                       1.01%
Fair value at grant date (in dollars per share)                       $ 10.23
Number of options granted (in shares)       100,000                
Options outstanding (in shares)                       53,005
Number exercisable (in shares)                       53,005
Exercise price (in dollars per share)                       $ 30.46
Risk free interest rate                       2.10%
Expected volatility                       35.33%
Expected life (Year)                       6 years
Dividend yield                       1.01%
Fair value at grant date (in dollars per share)                       $ 10.23
Turning Point Brands Inc 2021 Equity Incentive Plan [Member] | Awards Granted 20220429 [Member]                        
Number of options granted (in shares)     14,827                  
Options outstanding (in shares)                       6,273
Number exercisable (in shares)                       6,273
Exercise price (in dollars per share)                       $ 31.39
Remaining lives (Year)                       7 years 29 days
Risk free interest rate                       2.92%
Expected volatility                       35.33%
Expected life (Year)                       6 years
Dividend yield                       0.98%
Fair value at grant date (in dollars per share)                       $ 11.07
Number of options granted (in shares)     14,827                  
Options outstanding (in shares)                       6,273
Number exercisable (in shares)                       6,273
Exercise price (in dollars per share)                       $ 31.39
Risk free interest rate                       2.92%
Expected volatility                       35.33%
Expected life (Year)                       6 years
Dividend yield                       0.98%
Fair value at grant date (in dollars per share)                       $ 11.07
Turning Point Brands Inc 2021 Equity Incentive Plan [Member] | Awards Granted 20230512 [Member]                        
Number of options granted (in shares)   77,519                    
Options outstanding (in shares)                       77,519
Number exercisable (in shares)                       77,519
Exercise price (in dollars per share)                       $ 20.71
Remaining lives (Year)                       8 years 1 month 13 days
Risk free interest rate                       3.41%
Expected volatility                       34.51%
Expected life (Year)                       5 years 2 months 7 days
Dividend yield                       1.61%
Fair value at grant date (in dollars per share)                       $ 6.45
Number of options granted (in shares)   77,519                    
Options outstanding (in shares)                       77,519
Number exercisable (in shares)                       77,519
Exercise price (in dollars per share)                       $ 20.71
Risk free interest rate                       3.41%
Expected volatility                       34.51%
Expected life (Year)                       5 years 2 months 7 days
Dividend yield                       1.61%
Fair value at grant date (in dollars per share)                       $ 6.45
Turning Point Brands Inc 2021 Equity Incentive Plan [Member] | Awards Granted 20240311 [Member]                        
Number of options granted (in shares) 54,289                      
Options outstanding (in shares)                       54,289
Number exercisable (in shares)                       54,289
Exercise price (in dollars per share)                       $ 27.19
Remaining lives (Year)                       8 years 11 months 12 days
Risk free interest rate                       4.06%
Expected volatility                       35.09%
Expected life (Year)                       5 years 2 months 7 days
Dividend yield                       1.26%
Fair value at grant date (in dollars per share)                       $ 9.21
Number of options granted (in shares) 54,289                      
Options outstanding (in shares)                       54,289
Number exercisable (in shares)                       54,289
Exercise price (in dollars per share)                       $ 27.19
Risk free interest rate                       4.06%
Expected volatility                       35.09%
Expected life (Year)                       5 years 2 months 7 days
Dividend yield                       1.26%
Fair value at grant date (in dollars per share)                       $ 9.21