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Note F - Treasury Stock
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Treasury Stock [Text Block]
NOTE
F
: TREASURY STOCK
The Company
’s stock repurchase program has been extended and expanded several times, most recently in
April 2017,
when the Board of Directors reauthorized
500,000
shares of common stock for repurchase under the initial
September 2011
authorization.
During the
nine
months ended
September 30, 2017,
the Company repurchased
110,316
shares of its common stock at an aggregate cost of approximately
$1,961,000
under this program.
 
The Company accounts for Treasury stock using the cost
method and as of
September 30, 2017,
5,224,376
shares were held in the treasury at an aggregate cost of approximately
$124,796,000.