XML 60 R45.htm IDEA: XBRL DOCUMENT v3.21.1
Note 7 - Stock-based Awards - Summary of Shares Granted Under the 2006 Incentive Plan (Details) - $ / shares
12 Months Ended
Nov. 11, 2020
Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) 40,000 40,000
Fair value per share (in dollars per share)   $ 4.14
December 16, 2020 [Member] | Stock Unit Award [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   5,000
Fair value per share (in dollars per share) [1]   $ 4.71
November 11, 2020 [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   40,000
Fair value per share (in dollars per share) [1]   $ 1.13
November 11, 2020 [Member] | Stock Unit Award [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   190,000
Fair value per share (in dollars per share) [1]   $ 4.07
May 3, 2019 [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   192,000
Fair value per share (in dollars per share) [1]   $ 2.99
May 3, 2019 [Member] | Stock Unit Award [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   18,000
Fair value per share (in dollars per share) [1]   $ 10.60
July 24, 2018 [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   2,000
Fair value per share (in dollars per share) [1]   $ 5.49
May 3, 2018 [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   117
Fair value per share (in dollars per share)   $ 5.69
May 3, 2018 [Member] | Stock Unit Award [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   6,000
Fair value per share (in dollars per share) [1]   $ 21.04
[1] The fair value for the SUA's is the closing price of the Company's stock on that date. The fair value for options represents the fair value calculated using the Black-Scholes model. Options have contractual lives of 10 years. The options granted on May 3, 2018 have a fair value of $5.69 per share based on the $21.04 grant date and exercise prices and assuming 6.25 and 5.75 year estimated terms, 38% volatility, 3.4% interest rate and a 4.2% dividend yield rate. The options granted on July 24, 2018 have a fair value of $5.49 per share based on the $19.83 grant date and exercise prices and assuming a 6.25 year estimated term, 39% volatility, 3.4% interest rate and a 4.1% dividend yield rate. The options granted on May 3, 2019 have a fair value of $2.99 per share based on the $10.60 grant date and exercise prices and assuming 6.25 and 5.75 year estimated terms, 41% volatility, 2.4% interest rate and a 3.9% dividend yield rate. The options granted on November 11, 2020 have a fair value of $1.13 per share based on the $4.07 grant date and exercise prices and assuming 6.25 and 5.75 year estimated terms, 45% volatility, 0.9% interest rate and a 4.0% dividend yield rate. For options granted during fiscal years ended December 31, 2020, 2019, and 2018, the weighted average grant date fair values were $3.47, $3.40 and $2.49, respectively. For SUAs granted during fiscal years ended December 31, 2020, 2019, and 2018, the weighted average grant date fair values were $4.89, $12.01 and $14.42, respectively.