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6. TREASURY STOCK
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
TREASURY STOCK

On May 23, 2016, our Board of Directors authorized a repurchase program (the “Repurchase Program”) under which we were originally authorized to repurchase up to $1,000 of our outstanding stock. Subsequently, on March 29, 2017, our Board of Directors authorized a renewal and extension of the Repurchase Program for an additional $1,000 until March 31, 2018. The purchases may be made from time to time in the open market, through privately negotiated transactions and Rule 10b5-1 trading plans in accordance with applicable laws, rules and regulations. The Repurchase Program is being funded from cash on hand and cash provided by operating activities. As of June 30, 2017, a total of $1,125 of our stock (1,085 shares) has been purchased under the Repurchase Program. The average price per share of treasury stock through June 30, 2017 was $1.05. Treasury shares are accounted for using the cost method.