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Note 20 - Subsequent events
 12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Subsequent Events [Text Block]

20. Subsequent Events:

 

On February 10, 2022, the Company announced that its Board of Directors (“Board”) has 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 11, 2022 and is expected to terminated on February 10, 2023. The previously announced $40 million buyback program for the period February 10, 2021 to February 9, 2022 was terminated.  According to the terms of our Second Amended 2019 Credit Facility, share repurchases require the Lenders’ consent if the Company’s Total Funded Debt to Adjusted EBITDA ratio exceeds 2.00:1.