Note 7 - Changes in Shareholders' Equity

3 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

Note 7:  Changes in Shareholders’ Equity:

Changes in shareholders’ equity for the three months ended June 30, 2022 is summarized below (in thousands):

	Additional
	Paid-In		Retained
	Capital		Earnings
Beginning balance at March 31, 2022:	$	11,660	$	130,496
Share based compensation		1,536		-
Dividends declared		-		(6,297	)
Net income		-		2,775
Ending balance at June 30, 2022:	$	13,196	$	126,974

Changes in shareholders’ equity for the three months ended June 30, 2021 is summarized below (in thousands):

	Additional
	Paid-In		Retained
	Capital		Earnings
Beginning balance at March 31, 2021:	$	7,111	$	134,141
Share based compensation		718		-
Dividends declared		-		(6,080	)
Net income		-		4,428
Ending balance at June 30, 2021:	$	7,829	$	132,489

There were no shares of common stock that were purchased or retired in the quarter ended June 30, 2022 or 2021. At June 30, 2022, the Company had approximately $28.7 million remaining under the Company’s share repurchase plan.