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Note 14 - Share Repurchase Program
 9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Treasury Stock [Text Block]
NOTE
1
4
: SHARE REPURCHASE PROGRAM
 
The Company did
not
repurchase shares of common stock during the
third
quarter of
2019.
During the
third
quarter of
2018,
the Company repurchased
216,156
shares of common stock at an average purchase price of
$29.18
per share for an aggregate purchase price of
$6,308.
During the
first
nine
months ended
September 30, 2019,
the Company repurchased
194,316
shares of common stock at an average purchase price of
$25.01
per share for an aggregate purchase price of
$4,861.
During the
first
nine
months ended
September 30, 2018,
the Company repurchased
527,212
shares of common stock at an average purchase price of
$31.76
per share for an aggregate purchase price of
$16,742.
As of
September 30, 2019,
160,864
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.