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Share Repurchase
6 Months Ended
Jun. 30, 2013
Share Repurchase [Abstract]  
Share Repurchase

 

 

 

16.  SHARE REPURCHASE:

In October of 2012, our Board of Directors authorized a $3.0 million share repurchase program.  The common stock is being acquired from time to time in open market transactions, block purchases and other transactions complying with the Securities and Exchange Commission’s Rule 10b-18.  We adopted a 10b5-1 trading plan to implement the repurchase program.  As of June 30, 2013, we have spent $720,000 to repurchase a total of 116,000 shares of our common stock under the October 2012 repurchase authorization.  In the three months ended June 30, 2013, we spent $514,000 to repurchase a total of 85,625 shares of our common stock.  In the six months ended June 30, 2013 we spent $700,000 to repurchase a total of 113,536 shares of our common stock.  We did not repurchase any stock in the six months ended June 30, 2012.