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Shareholders' Equity
9 Months Ended
Sep. 30, 2020
Stockholders Equity Note [Abstract]  
Shareholders' Equity

(9.)

SHAREHOLDERS’ EQUITY

Common Stock

The changes in shares of common stock were as follows for the three and nine months ended September 30, 2020 and 2019:

 

 

 

Outstanding

 

 

Treasury

 

 

Issued

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

Shares at December 31, 2019

 

 

16,002,899

 

 

 

96,657

 

 

 

16,099,556

 

Restricted stock units released

 

 

22,921

 

 

 

(22,921

)

 

 

 

Treasury stock purchases

 

 

(6,436

)

 

 

6,436

 

 

 

 

Shares at March 31, 2020

 

 

16,019,384

 

 

 

80,172

 

 

 

16,099,556

 

Restricted stock awards issued

 

 

12,798

 

 

 

(12,798

)

 

 

 

Stock awards

 

 

5,403

 

 

 

(5,403

)

 

 

 

Shares at June 30, 2020

 

 

16,037,585

 

 

 

61,971

 

 

 

16,099,556

 

No activity during the period

 

 

 

 

 

 

 

 

 

Shares at September 30, 2020

 

 

16,037,585

 

 

 

61,971

 

 

 

16,099,556

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

Shares at December 31, 2018

 

 

15,928,598

 

 

 

127,580

 

 

 

16,056,178

 

Restricted stock units released

 

 

18,580

 

 

 

(18,580

)

 

 

 

Treasury stock purchases

 

 

(6,368

)

 

 

6,368

 

 

 

 

Shares at March 31, 2019

 

 

15,940,810

 

 

 

115,368

 

 

 

16,056,178

 

Common stock issued for Courier Capital contingent earn-out

 

 

43,378

 

 

 

 

 

 

43,378

 

Restricted stock awards issued

 

 

8,226

 

 

 

(8,226

)

 

 

 

Stock awards

 

 

2,283

 

 

 

(2,283

)

 

 

 

Shares at June 30, 2019

 

 

15,994,697

 

 

 

104,859

 

 

 

16,099,556

 

Restricted stock units released

 

 

2,500

 

 

 

(2,500

)

 

 

 

Treasury stock purchases

 

 

(839

)

 

 

839

 

 

 

 

Shares at September 30, 2019

 

 

15,996,358

 

 

 

103,198

 

 

 

16,099,556