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Treasury Stock
6 Months Ended
Jun. 30, 2020
Treasury Stock [Abstract]  
Treasury Stock

Note 10 – Treasury Stock

 

During the three months ended June 30, 2020, the Company repurchased 40,600 shares of common stock at an average cost of $12.61 per share. During the six months ended June 30, 2020, the Company repurchased 67,500 shares of common stock at an average cost of $13.16 per share. These shares were repurchased pursuant to the Company’s publicly announced common stock repurchase program. As of June 30, 2020, there were 29,539 shares remaining to be repurchased under the existing stock repurchase program. During the six months ended June 30, 2020, the Company transferred 20,830 shares of common stock out of treasury stock reserved for the 2012 Equity Incentive Plan, at an average cost of $9.39 per share to fund awards that had been granted under the plan. During the six months ended June 30, 2020, there were 332 shares transferred back into treasury stock reserved for the 2012 Equity Incentive Plan at an average cost of $9.39 per share due to forfeitures.



During the three months ended June 30, 2019, the Company repurchased 43,900 shares of common stock at an average cost of $15.32 per share. During the six months ended June 30, 2019, the Company repurchased 51,200 shares of common stock at an average cost of $15.30 per share. These shares were repurchased pursuant to the Company’s publicly announced common stock repurchase program. As of June 30, 2019, there were 16,990 shares remaining to be repurchased under the existing stock repurchase program. During the six months ended June 30, 2019, the Company transferred 5,186 shares of common stock out of treasury stock reserved for the 2012 Equity Incentive Plan, at an average cost of $9.39 per share to fund awards that had been granted under the plan. During the six months ended June 30, 2019, there were 760 shares transferred back into treasury stock reserved for the 2012 Equity Incentive Plan at an average cost of $9.88 per share due to forfeitures.