Note G - Treasury Stock	9 Months Ended
Sep. 30, 2021
Notes to Financial Statements
Treasury Stock [Text Block]	NOTE G: 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, 2021, the Company repurchased 18,732 shares of its common stock at an aggregate cost of approximately $647,000 under this program. On July 27, 2021, the Company commenced a tender offer to repurchase up to 200,000 shares of the Company’s outstanding common stock at a price of not greater than $37.00 nor less than $32.00 per share. Following the expiration of the tender offer on August 31, 2021, the Company accepted 272,405 shares, including 72,405 oversubscribed shares tendered, of its common stock for purchase at $37.00 per share, at an aggregate purchase price of approximately $10.1 million, excluding fees and expenses related to the offer. The Company funded the purchase of the accepted shares tendered with available cash and accounted for the repurchase of these shares as treasury stock on the Company’s condensed consolidated balance sheet as of September 30, 2021. The Company accounts for Treasury stock using the cost method. As of September 30, 2021, 12,226,785 shares were held in the treasury at an aggregate cost of approximately $169,946,000.

Note G - Treasury Stock

9 Months Ended

Sep. 30, 2021

NOTE G: 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, 2021, the Company repurchased 18,732 shares of its common stock at an aggregate cost of approximately $647,000 under this program.

On July 27, 2021, the Company commenced a tender offer to repurchase up to 200,000 shares of the Company’s outstanding common stock at a price of not greater than $37.00 nor less than $32.00 per share. Following the expiration of the tender offer on August 31, 2021, the Company accepted 272,405 shares, including 72,405 oversubscribed shares tendered, of its common stock for purchase at $37.00 per share, at an aggregate purchase price of approximately $10.1 million, excluding fees and expenses related to the offer. The Company funded the purchase of the accepted shares tendered with available cash and accounted for the repurchase of these shares as treasury stock on the Company’s condensed consolidated balance sheet as of September 30, 2021.

The Company accounts for Treasury stock using the cost method. As of September 30, 2021, 12,226,785 shares were held in the treasury at an aggregate cost of approximately $169,946,000.