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Note 11 - Stock Repurchase Program
 12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Treasury Stock [Text Block]
11.
Stock Repurchase Program
 
I
n
August 2015,
the Company’s Board of Directors approved a
$200,000
stock repurchase program, which the Company completed in the
third
quarter of
2016.
In
October 2016,
the Company’s Board of Directors approved an additional
$250,000
stock repurchase program. Under the
second
program, the Company
may
repurchase up to
$250,000
of its common stock over the
24
months following the date of approval. The Company
may
repurchase its common stock from time to time, in amounts and at prices the Company deems appropriate, subject to market conditions and other considerations. The repurchase
may
be executed using open market purchases, privately negotiated agreements or other transactions. The actual timing, number and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of the Company’s common stock and general market and economic conditions, applicable legal requirements, and compliance with the terms of the Company’s outstanding indebtedness. The repurchases
may
be funded with cash on hand, available borrowings or proceeds from potential debt or other capital markets sources. The stock repurchase program
may
be suspended or discontinued at any time without prior notice. During the years ended
December 31, 2017,
2016
and
2015,
the Company repurchased
844,500,
3,968,706
and
3,303,500
shares of its common stock, respectively, for
$30,012,
$149,937
and
$99,942,
respectively, all funded with cash on hand.