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Common Stock
9 Months Ended
Sep. 30, 2011
Common Stock [Abstract] 
Common Stock

Note 15 – Common Stock

 

Common Stock Issuance

 

During the nine months ended September 30, 2011 and 2010, we issued 174,825 and 148,616, respectively, of Class A Nonvoting shares to certain executive employees associated with their prior years' stock grants.

 

            For the stock options exercised during 2010, we issued for cash to employees of the corporation under our employee stock option plan 90,000 shares of Class A Nonvoting Common Stock at an exercise price of $2.76 per share.

 

Treasury Stock Purchases

 

During the nine months ended September 30, 2011 and 2010, we purchased 72,300 and 62,375, respectively, of Class A Nonvoting shares on the open market for $328,000 and $251,000, respectively.