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Note 13 - Stockholders' Equity
9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
13.
Stockholders’ Equity:
 
The following table summarizes stockholders' equity transactions for the
three
-month period ended
September 30, 2018 (
Dollar amounts in thousands of U.S. dollars): 
 
                                   
Accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional
   
Retained
   
other
   
Total
 
 
 
 
 
 
Common stock
   
paid in
   
earnings
   
comprehensive
   
stockholders'
 
 
 
Number
   
Amount
   
capital
   
(deficit)
   
income (loss)
   
equity
 
                                                 
Balances, June 30, 2018
   
10,603,366
    $
15,548
    $
2,931
    $
51,027
    $
(243
)   $
69,263
 
Exercise of stock options
   
15,782
     
87
     
(64
)    
-
     
-
     
23
 
                                                 
Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration
   
(3,582
)    
 
     
(116
)    
-
     
-
     
(116
)
                                                 
Stock-based compensation (note 14)
   
-
     
-
     
711
     
-
     
-
     
711
 
Net income
   
-
     
-
     
-
     
5,346
     
-
     
5,346
 
Other comprehensive income
   
-
     
-
     
-
     
-
     
207
     
207
 
Balances, September 30, 2018
   
10,615,566
    $
15,635
    $
3,462
    $
56,373
    $
(36
)   $
75,434
 
 
The following table summarizes stockholders' equity transactions for the
nine
-month period ended
September 30, 2018 (
Dollar amounts in thousands of U.S. dollars): 
 
       
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional
   
Retained
   
other
   
Total
 
 
 
 
 
 
Common stock
   
paid in
   
earnings
   
comprehensive
   
stockholders'
 
 
 
Number
   
Amount
   
capital
   
(deficit)
   
loss
   
equity
 
                                                 
Balances, December 31, 2017
   
10,583,879
    $
15,368
    $
2,167
    $
42,676
    $
-
    $
60,211
 
Impact of Adoption of ASU 2014-09
   
-
     
-
     
-
     
1,063
     
-
     
1,063
 
Balance on January 1, 2018
   
10,583,879
     
15,368
     
2,167
     
43,739
     
-
     
61,274
 
                                                 
Exercise of stock options
   
44,498
     
267
     
(205
)    
-
     
-
     
62
 
                                                 
Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration
   
(12,811
)    
-
     
(404
)    
-
     
-
     
(404
)
                                                 
Stock-based compensation (note 14)
   
-
     
-
     
1,904
     
-
     
-
     
1,904
 
Net income
   
-
     
-
     
-
     
12,698
     
-
     
12,698
 
                                                 
Accretion of redeemable non-controlling interest in Ting Virginia, LLC.
   
-
     
-
     
-
     
(64
)    
-
     
(64
)
Other comprehensive loss
   
-
     
-
     
-
     
-
     
(36
)    
(36
)
Balances, September 30, 2018
   
10,615,566
    $
15,635
    $
3,462
    $
56,373
    $
(36
)   $
75,434
 
 
On
February 14, 
2018,
the Company announced that its Board of Directors has approved a stock buyback program to repurchase up to
$40
million of its common stock in the open market. Purchases will be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on
February 14, 
2018
and will terminate on or before
February 13, 2019.
During the
three
and
nine
months ended
September 30, 2018,
the Company did
not
repurchase any shares under this program.
 
On
March 1, 
2017,
the Company announced that its Board of Directors had approved a stock buyback program to repurchase up to
$40
million of its common stock in the open market. Purchases were to be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on
March 1, 
2017
and terminated on
February 14, 2018.
During the
nine
months ended
September 30, 2018,
the Company did
not
repurchase any shares under this program.
 
On
February 
9,
 
2016,
the Company announced that its Board of Directors had approved a stock buyback program to repurchase up to
$40
million of its common stock in the open market. Purchases were to be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on
February 
10,
 
2016
and terminated on
February 9, 2017.
During the
nine
months ended
September 30, 2017,
the Company did
not
repurchase any shares under this program.