10. Share-Based Employee Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Employee Benefit and Share-based Payment Arrangement, Noncash Expense [Abstract]

Schedule of risk free interest rates

	FY 2019			FY 2018
Expected Volatility		49.0	%		51.9	%
Expected Dividends		2.0	%		2.0	%
Expected Term (in years)		6.5			6.5
Risk-Free Rate		2.36	%		2.76	%
Estimated Forfeitures		0.0	%		0.0	%

Schedule of stock option activity

As of January 1, 2019	Stock Options		Wgt. Avg. Exercise Price ($)  Per Share		Wgt. Avg. Remaining Contractual Life (Years)		Wgt. Avg. Grant Date Fair Value ($) Per Share		Aggregate Intrinsic Value ($)
Outstanding		460,500		4.22		—		1.76		—
Vested		156,900		4.03		—		2.05		—
Nonvested		303,600		4.32		—		1.61		—
Period activity
Issued		150,000		4.01		—		1.64		—
Exercised		1,000		1.89		—		0.71		—
Forfeited		40,000		4.35		—		1.49		—
Expired		—		—		—		—		—
As of December 31, 2019
Outstanding		569,500		4.16		6.82		1.75		24,000
Vested		214,800		4.12		4.20		1.95		24,000
Nonvested		354,700		4.18		8.40		1.63		—

Schedule of outstanding options by exercise price range

Range of Exercise Prices ($) Per Share		Stock Options Outstanding		Wgt. Avg. Exercise Price ($) Per Share		Wgt. Avg. Remaining Contractual Life (Years)
2.23	3.83		175,000		3.50		7.68
4.07	5.10		394,500		4.45		6.44
			569,500		4.16		6.82

Schedule of exercisable options by exercise price range

Range of Exercise Prices ($) Per Share		Stock Options Exercisable		Wgt. Avg. Exercise Price ($) Per Share
2.23	3.83		53,000		3.03
4.07	5.10		161,800		4.48
			214,800		4.12