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Note 12 - Treasury Stock Transactions | 12 Months Ended
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Dec. 31, 2016
Notes to Financial Statements |
Treasury Stock [Text Block] |
12. | TREASURY STOCK TRANSACTIONS
On October 28, 2013, the Board of Directors authorized a repurchase program to purchase up to $5.0 million of outstanding shares of common stock at prevailing market prices, from time to time over the subsequent 12 -month period. On September 30, 2014, the Board extended this repurchase program through October 31, 2015. On September 11, 2015, the Board extended this repurchase program through December 31, 2016. On August 9, 2016, the Board authorized an additional $5.0 million to the repurchase program and extended this repurchase program through December 31, 2017. For the fiscal year ended December 31, 2016, the Company repurchased 701,114 shares for an average price of $6.07 per share. As of December 31, 2016, $2.9 million approved funds remain available for future common stock repurchases.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References No definition available. + Details
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