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Note 11 - Stockholders's Equity:
 3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note Disclosure [Text Block]
11. STOCKHOLDERS' EQUITY:

The following unaudited table summarizes stockholders' equity transactions for the three month period ended March 31, 2013:

   
 
Common stock
   
 
Additional
paid in
         
 
Accumulated
Other
Comprehensive
   
 
Total
stockholders'
 
   
Number
   
Amount
   
capital
   
Deficit
   
Income
   
equity
 
                                     
Balances, December 31, 2012
   
44,322,159
   
$
10,084,417
   
$
33,931,529
   
$
(17,509,843
)
 
$
44,104
   
$
26,550,207
 
                                                 
Exercise of stock options
   
56,857
     
65,009
     
(26,500
)
   
—
     
—
     
38,509
 
Repurchase and retirement of shares
   
(4,114,121
)
   
(822,887
)
   
(5,454,854
)
   
—
     
—
     
(6,277,741
)
Normal Course Issuer Bid
   
(143,073
)    
(28,615
)    
(231,260
)                    
(259,875
)
Cancellation of restricted stock
   
(25
)
   
—
     
—
     
—
     
—
     
—
 
Stock-based compensation
   
—
     
—
     
74,842
     
—
     
—
     
74,842
 
Net income for the period
   
—
     
—
     
—
     
76,579
     
—
     
76,579
 
Other comprehensive income
   
—
     
—
     
—
     
—
     
(185,785
)    
(185,785
)
                                                 
Balances, March 31, 2013
   
40,121,797
   
$
9,297,924
   
$
28,293,757
   
$
(17,433,264
)
 
$
(141,681
)  
$
20,016,736
 

On January 7, 2013, the Company announced that it successfully concluded a modified “Dutch auction tender offer” that was previously announced on November 21, 2012. Under the terms of the offer, the Company repurchased an aggregate of 4,114,121 shares of its common stock at a purchase price of $1.50 per share, for a total of $6,171,656, excluding transaction costs of approximately $106,000. The purchase price and all transaction costs were funded from available cash and an additional advance under its Amended Credit Facility from the Bank in the amount of $5.2 million. All shares purchased in the tender offer received the same price and all shares repurchased were immediately retired. As a result of the completion of the tender offer, as of January 31, 2013, the Company had 40,226,875 shares issued and outstanding.

On March 1, 2013, the Company announced a stock buyback program. Under this buyback program, the Company may repurchase up to $10 million of the Company's common stock over the 12-month period that commenced on March 1, 2013. The Company repurchased 143,073 shares under this program during the three month period ended March 31, 2013 for a total of $259,875.