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Note 13 - Share Repurchase Program
 3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Treasury Stock [Text Block]
NOTE
1
3
: SHARE REPURCHASE PROGRAM
 
During the
first
quarter of
2019,
the Company repurchased
91,303
shares of common stock at an average purchase price of
$27.77
per share for an aggregate purchase price of
$2,536.
During the
first
quarter of
2018,
the Company repurchased
41,322
shares of common stock at an average purchase price of
$35.31
per share for an aggregate purchase price of
$1,459.
As of
March 31, 2019,
263,877
shares of common stock remained available for repurchase pursuant to the Company’s share repurchase program.
 
The repurchases of common stock are accounted for as treasury stock, and result in a reduction of stockholders’ equity. When treasury shares are reissued, the Company accounts for the reissuance in accordance with FASB ASC
No.
505
-
30,
“Treasury Stock” and charges the excess of the repurchase cost over issuance price using the weighted average method to retained earnings. The purchase cost is calculated based on the specific identified method. In the case where the repurchase cost over issuance price using the weighted average method is lower than the issuance price, the Company credits the difference to additional paid-in capital.