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Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2016 15,411,556       15,411,556 [1]
Balance at Dec. 31, 2016 $ 154,000 $ 9,990,000 $ (204,000) $ 22,724,000 $ 32,664,000 [2]
Common stock repurchased and retired (in shares) (525,300)        
Common stock repurchased and retired $ (5,000) (1,619,000)     (1,624,000)
Stock-based compensation expense   163,000     $ 163,000
Options exercised (in shares) 40,000       40,000
Options exercised 61,000 $ 61,000
Net income       1,354,000 1,354,000
Balance at Jun. 30, 2017 $ 149,000 7,729,000 (239,000) 24,944,000 32,583,000
Other comprehensive loss     $ (35,000)   $ (35,000)
Balance (in shares) at Jun. 30, 2017 14,926,256       14,926,256
Cumulative-effect adjustment of change in accounting for stock-based compensation   $ (866,000)   $ 866,000  
[1] The condensed consolidated balance sheet as of December 31, 2016 has been prepared using information from the audited consolidated balance sheet as of that date.
[2] The condensed consolidated balance sheet as of December 31, 2016 has been prepared using information from the audited consolidated balance sheet as of that date.