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Stock Repurchases
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Stock Repurchases

Note 4 Stock Repurchases

The Company maintains a treasury stock buyback program pursuant to which the Board of Directors has authorized the repurchase of up to 500,000 shares of the Company’s common stock. As restored by the Board of Directors on January 29, 2019, the program provides that the Company may repurchase up to an aggregate of 500,000 shares of common stock and has no expiration date. The Company repurchased 107,815 shares during the three-month period ended March 31, 2019 and 11,456 shares during the three-month period ended March 31, 2018. As of March 31, 2019, 497,000 shares remained available for repurchase under the program. Repurchases may be made in the open market or through negotiated transactions from time to time depending on market conditions.