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Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 9 months ended Sep. 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) (898,242)        
Common stock repurchased and retired $ (9,000) (2,892,000)     (2,901,000)
Stock-based compensation expense   244,000     $ 244,000
Options exercised (in shares) 70,001       70,001
Options exercised $ 1,000 124,000 $ 125,000
Net income       2,457,000 2,457,000
Other comprehensive loss     (243,000)   $ (243,000)
Balance (in shares) at Sep. 30, 2017 14,583,315       14,583,315
Balance at Sep. 30, 2017 $ 146,000 6,600,000 $ (447,000) 26,047,000 $ 32,346,000
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.