Note 14 - Stockholders' Equity

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

14. Stockholders' Equity:

The following table summarizes stockholders' equity transactions for the three-month period ended (Dollar amounts in thousands of U.S. dollars): 

											Accumulated
						Additional					other			Total
	Common stock					paid in			Retained		comprehensive			stockholders'
	Number			Amount		capital			earnings		income (loss)			equity
Balances, March 31, 2021		10,624,415		$	21,511	$	1,778		$	82,255	$	1,870		$	107,414
Exercise of stock options		45,688			1,946		(699	)		-		-			1,247
Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration		(4,589	)		-		(80	)		-		-			(80	)
Stock-based compensation		-			-		1,209			-		-			1,209
Net income		-			-		-			1,807		-			1,807
Other comprehensive income (loss)		-			-		-			-		(773	)		(773	)
Balances, June 30, 2021		10,665,514		$	23,457	$	2,208		$	84,062	$	1,097		$	110,824

											Accumulated
						Additional					other			Total
	Common stock					paid in			Retained		comprehensive			stockholders'
	Number			Amount		capital			earnings		income (loss)			equity
Balances, December 31, 2020		10,612,414		$	20,798	$	1,458		$	80,106	$	2,336		$	104,698
Exercise of stock options		73,875			2,659		(1,183	)		-		-			1,476
Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration		(20,775	)		-		(298	)		-		-			(298	)
Stock-based compensation		-			-		2,231			-		-			2,231
Net income		-			-		-			3,956		-			3,956
Other comprehensive income (loss)		-			-		-			-		(1,239	)		(1,239	)
Balances, June 30, 2021		10,665,514		$	23,457	$	2,208		$	84,062	$	1,097		$	110,824

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2021 Stock Buyback Program

On  February 9, 2021, the Company announced that its Board approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. Purchases will be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on  February 10, 2021 and will terminate on or before  February 9, 2022. For the three and six months ended June 30, 2021, the Company did not repurchase shares under this program.

2020 Stock Buyback Program

On February 12, 2020, the Company announced that its Board had approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. The $40 million buyback program commenced on February 13, 2020 and terminated on February 12, 2021. For the six months ended June 30, 2021, the Company did not repurchase shares under this program. For the three months ended  June 30, 2020, the Company repurchased 3,500 shares under this program for total consideration of $0.2 million. For the six months ended  June 30, 2020, the Company repurchased 70,238 shares under this program for total consideration of $3.3 million.

2019 Stock Buyback Program

On February 13, 2019, the Company announced that its Board had approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. The $40 million buyback program commenced on February 14, 2019 and terminated on February 13, 2020. During the six months ended June 30, 2020, the Company did not repurchase shares under this program.