Note 5 - Stockholders' Equity

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Shareholders' Equity and Share-based Payments [Text Block]

5.

STOCKHOLDERS’ EQUITY

Stock Repurchase Program

On

May 29, 2018,

the Board of Directors terminated the

2016

stock repurchase program, and adopted a new program (the

“2018

Program”) to repurchase up to

$25.0

million of the Company’s common stock both on the open market and in privately negotiated transactions over the next

two

years. During the

three

months ended

March 31, 2020,

no

shares were repurchased under the

2018

program. During the

three

months ended

March 31, 2019,

the Company repurchased approximately

314,000

shares at an average price of

$12.46

per share, for

$3.9

million under the

2018

program. Under the

2018

program, as of

March 31, 2020,

$15.2

million of the Company's common stock remained available for future repurchases.