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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2018 13,502,684        
Balance at Dec. 31, 2018 $ 135,000 $ 2,669,000 $ 29,390,000 $ 32,194,000  
Net income 1,218,000 1,218,000  
Common stock repurchased and retired (in shares) (255,000)        
Common stock repurchased and retired $ (2,000) (1,006,000) (1,008,000)  
Stock-based compensation expense 122,000 122,000  
Options exercised (in shares) 33,334        
Options exercised 60,000 60,000  
Common stock repurchased and retired (in shares) 255,000        
Common stock repurchased and retired $ 2,000 1,006,000 1,008,000  
Balance (in shares) at Mar. 31, 2019 13,281,018        
Balance at Mar. 31, 2019 $ 133,000 1,845,000 30,608,000 32,586,000  
Balance (in shares) at Dec. 31, 2018 13,502,684        
Balance at Dec. 31, 2018 $ 135,000 2,669,000 29,390,000 32,194,000  
Net income         $ 2,228,000
Balance (in shares) at Jun. 30, 2019 13,109,018        
Balance at Jun. 30, 2019 $ 131,000 1,357,000 31,618,000 33,106,000  
Balance (in shares) at Mar. 31, 2019 13,281,018        
Balance at Mar. 31, 2019 $ 133,000 1,845,000 30,608,000 32,586,000  
Net income 1,010,000 1,010,000 $ 1,010,000
Common stock repurchased and retired (in shares) (172,000)        
Common stock repurchased and retired $ (2,000) (626,000) (628,000)  
Stock-based compensation expense 138,000 138,000  
Options exercised (in shares)        
Options exercised  
Common stock repurchased and retired (in shares) 172,000        
Common stock repurchased and retired $ 2,000 626,000 628,000  
Balance (in shares) at Jun. 30, 2019 13,109,018        
Balance at Jun. 30, 2019 $ 131,000 1,357,000 31,618,000 33,106,000  
Balance (in shares) at Dec. 31, 2019 12,885,273       12,885,273 [1]
Balance at Dec. 31, 2019 $ 129,000 708,000 32,390,000 33,227,000 $ 33,227,000 [2]
Net income 5,341,000 5,341,000  
Common stock repurchased and retired (in shares) (35,100)        
Common stock repurchased and retired (125,000) (125,000)  
Stock-based compensation expense 91,000 91,000  
Options exercised (in shares) 712,839        
Options exercised $ 7,000 1,834,000 1,841,000  
Common stock repurchased and retired (in shares) 35,100        
Common stock repurchased and retired 125,000 125,000  
Balance (in shares) at Mar. 31, 2020 13,563,012        
Balance at Mar. 31, 2020 $ 136,000 2,508,000 37,731,000 40,375,000  
Balance (in shares) at Dec. 31, 2019 12,885,273       12,885,273 [1]
Balance at Dec. 31, 2019 $ 129,000 708,000 32,390,000 33,227,000 $ 33,227,000 [2]
Net income         $ 11,561,000
Options exercised (in shares)         737,674
Balance (in shares) at Jun. 30, 2020 13,587,847       13,563,012
Balance at Jun. 30, 2020 $ 136,000 2,694,000 43,951,000 46,781,000 $ 46,781,000
Balance (in shares) at Mar. 31, 2020 13,563,012        
Balance at Mar. 31, 2020 $ 136,000 2,508,000 37,731,000 40,375,000  
Net income 6,220,000 6,220,000 $ 6,220,000
Common stock repurchased and retired (in shares)        
Common stock repurchased and retired  
Stock-based compensation expense 92,000 92,000  
Options exercised (in shares) 24,835        
Options exercised 94,000 94,000  
Common stock repurchased and retired (in shares)        
Common stock repurchased and retired  
Balance (in shares) at Jun. 30, 2020 13,587,847       13,563,012
Balance at Jun. 30, 2020 $ 136,000 $ 2,694,000 $ 43,951,000 $ 46,781,000 $ 46,781,000
[1] The condensed consolidated balance sheet as of December 31, 2019 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, 2019 has been prepared using information from the audited consolidated balance sheet as of that date.