XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.20.2

5) Stock Compensation Plans (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Table Text Block Supplement [Abstract] |
Schedule of stock inventive plan changes | A summary of the status of the Company’s stock compensation plans as of September 30, 2020, and the changes during the nine months endedSeptember 30, 2020, are presented below:
|  | Number of Class A Shares |  | Weighted Average Exercise Price |  | Number of Class C Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2020 |  | 1,086,053 |  | $ 4.41 |  | 594,132 |  | $ 5.36
Adjustment for effect of stock dividends |  | 27,968 |  |  |  | 19,354 |  |
Granted |  | 77,000 |  |  |  | 180,000 |  |
Exercised |  | (78,803) |  |  |  | - |  |
Cancelled |  | - |  |  |  | - |  |
Outstanding at September 30, 2020 |  | 1,112,218 |  | $ 4.28 |  | 793,486 |  | $ 4.88
As of September 30, 2020: |  |  |  |  |  |  |  |
Options exercisable |  | 1,053,033 |  | $ 4.39 |  | 652,805 |  | $ 5.14
As of September 30, 2020: |  |  |  |  |  |  |  |
Available options for future grant |  | 325,372 |  |  |  | 266,500 |  |
Weighted average contractual term of options |  |  |  |  |  |  |  |
outstanding at September 30, 2020 |  | 5.72 years |  |  |  | 5.94 years |  |
Weighted average contractual term of options |  |  |  |  |  |  |  |
exercisable at September 30, 2020 |  | 5.51 years |  |  |  | 5.49 years |  |
Aggregated intrinsic value of options |  |  |  |  |  |  |  |
outstanding at September 30, 2020 (1) |  | $2,242,693 |  |  |  | $1,115,985 |  |
Aggregated intrinsic value of options |  |  |  |  |  |  |  |
exercisable at September 30, 2020 (1) |  | $2,228,291 |  |  |  | $894,505 |  |
(1) The Company used a stock price of $6.40 as of September 30, 2020 to derive intrinsic value.
A summary of the status of the Company’s stock compensation plans as of September 30, 2019, and the changes during thenine months endedSeptember 30, 2019, are presented below:
|  | Number of Class A Shares |  | Weighted Average Exercise Price |  | Number of Class C Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2019 |  | 1,011,274 |  | $ 4.49 |  | 577,280 |  | $ 5.15
Granted |  | 2,000 |  |  |  | - |  |
Exercised |  | (19,796) |  |  |  | (63,814) |  |
Cancelled |  | - |  |  |  | - |  |
Outstanding at September 30, 2019 |  | 993,478 |  | $ 4.50 |  | 513,466 |  | $ 5.33
As of September 30, 2019: |  |  |  |  |  |  |  |
Options exercisable |  | 955,195 |  | $ 4.46 |  | 489,840 |  | $ 5.34
As of September 30, 2019: |  |  |  |  |  |  |  |
Available options for future grant |  | 299,351 |  |  |  | 146,425 |  |
Weighted average contractual term of options |  |  |  |  |  |  |  |
outstanding at September 30, 2019 |  | 5.40 years |  |  |  | 3.63 years |  |
Weighted average contractual term of options |  |  |  |  |  |  |  |
exercisable at September 30, 2019 |  | 5.34 years |  |  |  | 3.37 years |  |
Aggregated intrinsic value of options |  |  |  |  |  |  |  |
outstanding at September 30, 2019 (1) |  | $765,360 |  |  |  | $106,646 |  |
Aggregated intrinsic value of options |  |  |  |  |  |  |  |
exercisable at September 30, 2019 (1) |  | $765,360 |  |  |  | $106,646 |  |
(1) The Company used a stock price of $4.90 as of September 30, 2019 to derive intrinsic value.

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlockSupplementAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration