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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
A summary of restricted stock unit activity is as follows:
 
 
 
 
 
 
Weighted
 
 
 
Number of
 
Average Grant
 
 
 
Shares
 
Date Fair Value
 
 
 
 
 
 
 
 
 
Non-vested stock units as of December 27, 2014
 
 
50,000
 
 
10.49
 
Vested but unsettled
 
 
(4,500)
 
 
 
 
Outstanding non-vested restricted stock units as of December 27, 2014
 
 
45,500
 
 
10.49
 
Granted
 
 
52,450
 
 
13.91
 
Vested
 
 
(21,175)
 
 
11.65
 
Forfeited
 
 
(875)
 
 
11.63
 
Non-vested stock units as of December 26, 2015
 
 
75,900
 
$
12.52
 
Granted
 
 
47,250
 
 
11.13
 
Vested
 
 
(16,003)
 
 
12.28
 
Forfeited
 
 
(24,800)
 
 
12.05
 
Non-vested stock units as of December 31, 2016
 
 
82,347
 
$
11.91
 
Schedule of Share-based Compensation, Activity [Table Text Block]
The following table summarizes option activity for each of the three years ended 2016:
 
 
 
Incentive Stock Options
 
Director Stock Options
 
 
 
Granted
 
Outstanding
 
Granted
 
Outstanding
 
 
 
 
 
 
 
 
 
 
 
2016
 
 
20,000
 
 
57,375
 
 
 
 
15,000
 
2015
 
 
 
 
172,625
 
 
 
 
15,000
 
2014
 
 
 
 
284,375
 
 
25,000
 
 
60,000
 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
The fair value of each option grant award is estimated on the grant date using the Black-Scholes-Merton option valuation model using the following assumptions:
 
 
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Risk-free interest rates
 
 
1.06
%
 
 
 
0.68
%
Dividend yields
 
 
2.73
%
 
 
 
4.23
%
Volatility factors of expected market price of common stock
 
 
35.60
%
 
 
 
35.86
%
Weighted average expected life of the options
 
 
1-5 years
 
 
 
 
1-4 years
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes stock option transactions for the three years ended 2016:
 
 
 
2016
 
2015
 
2014
 
 
 
 
 
Option
 
 
 
Option
 
 
 
Option
 
 
 
Shares
 
Price
 
Shares
 
Price
 
Shares
 
Price
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at beginning of year
 
 
187,625
 
 
$5.28 to $11.86
 
 
344,375
 
 
$2.56 to $11.86
 
 
639,950
 
 
$0.64 to $6.07
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Issued during year
 
 
20,000
 
 
$14.39
 
 
 
 
 
 
25,000
 
 
$11.86
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Canceled or expired
 
 
(39,250)
 
 
 
 
 
(500)
 
 
 
 
 
(19,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercised during year
 
 
(96,000)
 
 
$5.28 to $6.07
 
 
(156,250)
 
 
$2.56 to $11.86
 
 
(301,575)
 
 
$0.64 to $6.07
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at end of year
 
 
72,375
 
 
$5.28 to $14.39
 
 
187,625
 
 
$5.28 to $11.86
 
 
344,375
 
 
$2.56 to $11.86
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at end of year
 
 
41,125
 
 
 
 
 
133,250
 
 
 
 
 
158,875
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average fair value of options granted during the year
 
$
2.52
 
 
 
 
 
 
 
 
 
$
3.06
 
 
 
 
Schedule Of Share Based Compensation Stock Options Outstanding [Table Text Block]
The following table summarizes information about stock options outstanding at December 31, 2016:
 
 
 
 
Options Outstanding
 
Options Exercisable
 
 
 
 
 
 
Weighted-Average 
 
 
 
 
 
 
 
Range of
 
Number of
 
Remaining
 
Weighted-Average 
 
Number of
 
Weighted-Average 
 
Exercise Prices
 
Shares
 
Contractual Life
 
Exercise Price
 
Shares
 
Exercise Price
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
5.28 - $5.66
 
 
12,750
 
0.3 years
 
$
5.40
 
 
12,750
 
$
5.40
 
$
5.85 - $6.06
 
 
24,625
 
1.2 years
 
$
5.85
 
 
13,375
 
$
5.85
 
$
11.86
 
 
15,000
 
2.2 years
 
$
11.86
 
 
15,000
 
$
11.86
 
$
14.39
 
 
20,000
 
5.2 years
 
$
14.39
 
 
 
$
14.39
 
 
 
 
 
72,375
 
 
 
 
 
 
 
41,125
 
 
 
 
Schedule of Nonvested Share Activity [Table Text Block]
During the year ended December 31, 2016, the following activity occurred under the Company’s stock option plan:
 
 
 
 
 
Weighted Average
 
 
 
Number of
 
Grant Date Fair
 
 
 
Options
 
Value
 
 
 
 
 
 
 
Nonvested balance, beginning of year
 
 
54,375
 
$
2.60
 
Granted
 
 
20,000
 
$
2.52
 
Vested
 
 
(38,875)
 
$
2.76
 
Forfeited
 
 
(4,250)
 
$
2.21
 
Nonvested balance, end of year
 
 
31,250
 
$
2.41