v3.26.1
Note G - Treasury Stock
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Equity [Text Block]

NOTE G: TREASURY STOCK

The Company’s stock repurchase program has been extended and expanded several times, most recently in July 2023, when the Board of Directors reauthorized 500,000 shares of common stock for repurchase under the initial September 2011 authorization. During the three months ended March 31, 2026, the Company repurchased 1,171 shares of its common stock at an aggregate cost of approximately $11,300 under this program. As of March 31, 2026, there remain 472,845 shares of common stock authorized for repurchase under this plan.

 

The Company accounts for treasury stock using the cost method. As of March 31, 2026, 1,452,757 shares were held in the treasury at an aggregate cost of approximately $28,935,000.