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Note 11 - Related Party
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
(
1
1
RELATED PARTY
 
Until
January 2020,
one
of our directors served as an officer and director of Ameritas Life Insurance Corp. (“Ameritas”) and continues to serve on the board of directors. In connection with our regular assessment of our insurance-based associate benefits, which is conducted by an independent insurance broker, and the costs associated therewith, we purchase dental and vision insurance for certain of our associates from Ameritas. The total value of these purchases was
$72,000
and
$59,000
in the
three
-month periods ended
March 31, 2020
and
2019,
respectively.
 
One of our directors serves as a board member of IMA Financial Group. In connection with our regular assessment of our liability coverage, during
2020
we began purchasing directors and officers and employment practices liability insurance through IMA Financial Group. These purchases totaled
$478,000
in the
three
-month period ended
March 31, 2020.
 
During
2017,
we acquired a cost method investment in convertible preferred stock of Practicing Excellence.com, Inc., a privately-held Delaware Corporation (“PX”), which is included in other non-current assets and is carried at cost, adjusted for changes resulting from observable price changes in orderly transactions of the same investment in PX, if any.  We also have an agreement with PX which commenced in
2016
under which we act as a reseller of PX services and receives a portion of the revenues. The total revenue earned from the PX reseller agreement in the
three
-month periods ended
March 31, 2020
and
2019,
were
$83,000
and
$153,000,
respectively. We will
no
longer earn revenue under this agreement after
December 31, 2020.