Note 10 - Stock Repurchase Program

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Treasury Stock [Text Block]

Note 1

0

- Stock Repurchase Program

On May 7, 2015, the Board of Directors authorized two new stock repurchase programs, one that allowed for the repurchase of up to $25 million of its common stock and one that allowed for the repurchase of up to $25 million of its preferred stock. As of November 3, 2015, all of the Company’s preferred stock was redeemed. Therefore, no future repurchases of the preferred stock will be performed. The common stock repurchase plan expires on August 31, 2016. No repurchases of common stock have been executed under the current program.