XML 33 R18.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 9 - Stock Option Plan
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 9: Stock Option Plan


The Company’s 1999 Stock Option Plan was adopted in 1999 and was terminated on March 9, 2009. Incentive stock options were granted annually to key employees of NBI and its subsidiaries from 1999 to 2005 and none have been granted since 2005. All of the stock options are vested.


A summary of the status of the Company’s stock option plan is presented below:





Options

 




Shares

   


Weighted-
Average
Exercise
Price

   

Weighted-
Average
Remaining
Contractual
Term

   


Aggregate
Intrinsic
Value

 

Outstanding at January 1, 2015

    20,500     $ 23.00                  

Granted

    ---       ---                  

Exercised

    (7,500

)

    23.00                  

Forfeited or expired

    (13,000

)

    23.00                  

Outstanding at December 31, 2015

    ---     $ ---       ---     $ ---  

Exercisable at December 31, 2015

    ---     $ ---       ---     $ ---  

In 2015, there were 7,500 shares exercised with an intrinsic value of $54. In 2014, there were 2,500 shares exercised with an intrinsic value of $15. There were no shares exercised in 2013. Intrinsic value is the difference between the price at which the shares may be exercised and the stock price as of the report date. No tax benefit was recognized on shares exercised in any of these years.