Note 11 - Share Repurchases

3 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

(11) Share Repurchases

On November 18, 2008, our Board of Directors approved a share repurchase authorization to buy back up to $25.0 million of our outstanding common stock (the “Authorization”). Under the Authorization, repurchases may be made from time to time in the open market or in privately negotiated transactions subject to market conditions, applicable legal requirements and other factors. We are not obligated to acquire any common stock, and the program may be commenced or suspended at any time at our discretion without prior notice. The Authorization continues in effect until terminated by the Board of Directors. During the three-month period ended December 31, 2022, the company repurchased $916,000 or 31,654 shares of its common stock. As of December 31, 2022, there was $22.6 million remaining available for future share repurchases under this Authorization. There were no share repurchases during the three-month period ended January 1, 2022.