XML 175 R82.htm IDEA: XBRL DOCUMENT

Note 12: Stock Compensation Plans: Schedule of Activity of the 2003 Plan (Tables)

12 Months Ended

Dec. 31, 2014

Activity of the stock option plans is summarized as follows:
	Number of Class A Shares	Weighted Average Exercise Price	Number of Class C Shares	Weighted Average Exercise Price
Outstanding at December 31, 2011	1,996,543	$ 2.40	361,028	$ 2.38
Adjustment for the effect of stock dividends	43,928		24,515
Granted	347,000		-
Exercised	(1,041,276)		(52,500)
Cancelled	(123,134)		-
Reclass from A to C	(250,808)		250,808

Outstanding at December 31, 2012	972,253	$ 2.07	583,851	$ 2.18
Adjustment for the effect of stock dividends	17,962		24,222
Granted	81,960		50,000
Exercised	(485,366)		(190,602)
Cancelled	(76,676)		(63,814)
Reclass from A to C	(105,000)		105,000

Outstanding at December 31, 2013	405,133	$ 2.41	508,657	$ 2.00
Adjustment for the effect of stock dividends	24,446		32,934
Granted	173,500		150,000
Exercised	(59,713)		-
Cancelled	(30,571)		-

Outstanding at December 31, 2014	512,795	$ 3.20	691,591	$ 2.54

Exercisable at end of year	343,987	$ 2.50	547,216	$ 2.00

Available options for future grant	265,198		-

Weighted average contractual term of options
outstanding at December 31, 2014	7.70 years		3.42 years

Weighted average contractual term of options
exercisable at December 31, 2014	6.65 years		1.79 years

Aggregated intrinsic value of options outstanding
at December 31, 2014 (1)	$1,042,682		$1,856,886

Aggregated intrinsic value of options exercisable
at December 31, 2014 (1)	$940,079		$1,780,498

(1) The Company used a stock price of $5.22 as of December 31, 2014 to derive intrinsic value.