Note 12: Stock Compensation Plans: Schedule of Activity of the 2003 Plan (Tables)

12 Months Ended

Dec. 31, 2016

Tables/Schedules

Schedule of Activity of the 2003 Plan

Activity of the stock option plans is summarized as follows:
	Number of Class A Shares	Weighted Average Exercise Price	Number of Class C Shares	Weighted Average Exercise Price
Outstanding at December 31, 2013	405,133	$    2.41	508,657	$    2.00
Adjustment for the effect of stock dividends	24,446		32,934
Granted	173,500		150,000
Exercised	(59,713)		-
Cancelled	(30,571)		-
Outstanding at December 31, 2014	512,795	$    3.20	691,591	$    2.54
Adjustment for the effect of stock dividends	29,335		27,497
Granted	133,500		100,000
Exercised	(26,850)		(241,652)
Cancelled	(30,519)		-
Outstanding at December 31, 2015	618,261	$    3.89	577,436	$    3.54
Adjustment for the effect of stock dividends	35,346		26,491
Granted	133,500		80,000
Exercised	(42,634)		(127,629)
Cancelled	(2,500)		-
Outstanding at December 31, 2016	741,973	$    4.33	556,298	$    4.52
Exercisable at end of year	601,731	$    3.78	472,298	$    4.02
Available options for future grant	253,432		-
Weighted average contractual term of options
outstanding at December 31, 2016	7.37 years		2.67 years
Weighted average contractual term of options
exercisable at December 31, 2016	6.77 years		2.27 years
Aggregated intrinsic value of options outstanding
at December 31, 2016 (1)	$1,452,902		$1,079,136
Aggregated intrinsic value of options exercisable
at December 31, 2016 (1)	$1,452,574		$1,079,136
(1) The Company used a stock price of $6.19 as of December 31, 2016 to derive intrinsic value.