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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  
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         $ 2,665,000
Balance (in shares) at Sep. 30, 2019 13,004,507        
Balance at Sep. 30, 2019 $ 130,000 1,058,000 32,055,000 33,243,000  
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  
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  
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  
Net income 437,000 437,000 $ 437,000
Common stock repurchased and retired (in shares) (121,010)        
Common stock repurchased and retired $ (1,000) (427,000) (428,000)  
Stock-based compensation expense 93,000 93,000  
Options exercised (in shares) 16,499        
Options exercised 35,000 35,000  
Balance (in shares) at Sep. 30, 2019 13,004,507        
Balance at Sep. 30, 2019 $ 130,000 1,058,000 32,055,000 33,243,000  
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  
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         $ 19,668,000
Options exercised (in shares)         747,674
Balance (in shares) at Sep. 30, 2020 13,577,847       13,577,847
Balance at Sep. 30, 2020 $ 136,000 2,539,000 52,058,000 54,733,000 $ 54,733,000
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  
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  
Balance (in shares) at Jun. 30, 2020 13,587,847        
Balance at Jun. 30, 2020 $ 136,000 2,694,000 43,951,000 46,781,000  
Net income 8,107,000 8,107,000 $ 8,107,000
Common stock repurchased and retired (in shares) (20,000)        
Common stock repurchased and retired (281,000) (281,000)  
Stock-based compensation expense 91,000 91,000  
Options exercised (in shares) 10,000        
Options exercised 35,000 35,000  
Balance (in shares) at Sep. 30, 2020 13,577,847       13,577,847
Balance at Sep. 30, 2020 $ 136,000 $ 2,539,000 $ 52,058,000 $ 54,733,000 $ 54,733,000
[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.