NOTE 7: COMMON STOCK REPURCHASE PROGRAM
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3 Months Ended |
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Mar. 31, 2015
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Stock Repurchase Disclosure [Abstract] | |
Stock Repurchase Disclosure [Text Block] |
NOTE 7: COMMON STOCK REPURCHASE PROGRAM
In February 2009, the Company’s Board of Directors authorized the repurchase in the open market or in privately negotiated transactions of up to $1.0 million of the Company’s common stock. The repurchase program was extended in August 2014 for an additional year and the authorization expanded repurchase up to $2.0 million of the Company’s common stock. Through March 31, 2015, the Company repurchased 738,611 shares for a total of $1,084,060, net of commissions. There were no shares repurchased during the three months ended March 31, 2015. The repurchase program, which expires on August 11, 2015, is subject to management’s discretion.
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