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Consolidated Statements of Shareholders’ Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2017 14,290,749        
Balance at Dec. 31, 2017 $ 143,000 $ 5,415,000 $ (458,000) $ 26,223,000 $ 31,323,000
Common stock repurchased and retired (in shares) (999,900)       (999,900)
Common stock repurchased and retired $ (10,000) (3,570,000) $ (3,580,000)
Share-based compensation expense 432,000 $ 432,000
Options exercised (in shares) 211,835       211,835
Options exercised $ 2,000 392,000 $ 394,000
Net income 3,625,000 $ 3,625,000
Balance (in shares) at Dec. 31, 2018 13,502,684       13,502,684 [1]
Balance at Dec. 31, 2018 $ 135,000 2,669,000 29,390,000 $ 32,194,000 [2]
Cumulative-effect adjustment of change in accounting for unrealized loss on marketable securities 458,000 (458,000)
Common stock repurchased and retired (in shares) (683,910)       (683,910)
Common stock repurchased and retired $ (6,000) (2,542,000) $ (2,548,000)
Share-based compensation expense 451,000 $ 451,000
Options exercised (in shares) 66,499       66,499
Options exercised 130,000 $ 130,000
Net income 3,000,000 $ 3,000,000
Balance (in shares) at Dec. 31, 2019 12,885,273       12,885,273
Balance at Dec. 31, 2019 $ 129,000 $ 708,000 $ 32,390,000 $ 33,227,000
[1] The condensed consolidated balance sheet as of December 31, 2018 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, 2018 has been prepared using information from the audited consolidated balance sheet as of that date.