(7) Shareholders’ Equity (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of stock purchases

	Twelve Months Ended
	December 31, 2020				December 31, 2019
		Shares		Avg. Price		Shares		Avg. Price
Open market purchases		105,017	$	3.60		335,546	$	3.95
Shares redeemed upon net exercise of stock options		46,909		2.86		18,424		3.76
Other		200,000		3.51		24,500		4.20
Total stock purchases		351,926	$	3.45		378,470	$	3.97

Schedule of assumptions for stock options

	Year Ended December 31,
	2020		2019		2018
Expected life (years)		4.01		4.02		3.99
Risk-free interest rate		0.25%		1.53%		2.74%
Volatility		73%		37%		34%
Expected dividend yield		–		–		–

Schedule of option activity

	Number of Shares (in thousands)			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term
Options outstanding at the beginning of period		15,348		$	4.59	N/A
Granted		1,600			2.47	N/A
Exercised		(558	)		1.70	N/A
Forfeited/Expired		(413	)		5.13	N/A
Options outstanding at the end of period		15,977		$	4.46	2.85 years
Options exercisable at the end of period		12,597		$	4.81	2.15 years

Schedule of options outstanding and exercisable

	Number of shares as of December 31, 2020		Number of shares as of December 31, 2019
Range of exercise prices:	Outstanding	Exercisable		Outstanding	Exercisable
	(In thousands)			(In thousands)
$0.95 - $1.99	1,904	1,904		2,436	2,436
$2.00 - $2.99	1,570	180		–	–
$3.00 - $3.99	4,973	3,306		5,145	2,158
$4.00 - $4.99	1,540	1,217		1,547	903
$5.00 - $5.99	–	–		–	–
$6.00 - $6.99	4,770	4,770		4,955	4,955
$7.00 - $7.99	1,220	1,220		1,265	1,265
Total shares	15,977	12,597		15,348	11,717