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Note 14 - Stockholders' Equity
 3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
14. Stockholders' Equity:

 

The following table summarizes stockholders' equity transactions for the three-month period ended (Dollar amounts in thousands of U.S. dollars): 

 
                  

Accumulated

     
          

Additional

      

other

  

Total

 
  

Common stock

  

paid in

  

Retained

  

comprehensive

  

stockholders'

 
  

Number

  

Amount

  

capital

  

earnings

  

income (loss)

  

equity

 
                         
Balances, December 31, 2020  10,612,414  $20,798  $1,458  $80,106  $2,336  $104,698 
                         
Exercise of stock options  28,337   713   (484)  -   -   229 

Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration

  (16,336)  -   (218)  -   -   (218)

Stock-based compensation

  -   -   1,022   -   -   1,022 

Net income

  -   -   -   2,149   -   2,149 
Other comprehensive income (loss)  -   -   -   -   (466)  (466)

Balances, March 31, 2021

  10,624,415  $21,511  $1,778  $82,255  $1,870  $107,414 

 

2021 Stock Buyback Program

 

On  February 9, 2021, the Company announced that its Board 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 10, 2021 and will terminate on or before  February 9, 2022. For the three months ended March 31, 2021, the Company did not repurchase shares under this program.

 

2020 Stock Buyback Program

 

On February 12, 2020, the Company announced that its Board had approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. The $40 million buyback program commenced on February 13, 2020 and terminated on February 12, 2021. For the three months ended March 31, 2021, the Company did not repurchase shares under this program. For the three months ended March 31, 2020, the Company repurchased 66,738 shares under this program for total consideration of $3.1 million.

 

2019 Stock Buyback Program

 

On February 13, 2019, the Company announced that its Board had approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. The $40 million buyback program commenced on February 14, 2019 and terminated on February 13, 2020. During the three months ended March 31, 2020, the Company did not repurchase shares under this program.