Common Stock Repurchases |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Common Stock Repurchases | |
| Common Stock Repurchases | Note 9 – Common Stock Repurchases
During the three and six months ended June 30, 2026, we repurchased 71,553 and 203,786 shares of our common stock, respectively, with an aggregate value of approximately $861,000 and $2,219,000 respectively, associated with the vesting of restricted stock held by employees or upon the exercise of stock options held by employees. In the comparable three and six months ended June 30, 2025, we repurchased 99,103 and 222,792 shares of our common stock, respectively, with an aggregate value of approximately $2,266,000 and $3,920,000. Per terms of the restricted stock agreements, for certain employees we paid the employees’ related taxes associated with the vesting of the employees’ restricted stock and withheld from the shares issued to the employee the market value of shares which corresponded to the taxes, resulting in a share issuance net of taxes to the employee. The value of the shares netted for employee taxes represents common stock repurchased. Per terms of the stock option agreements, for certain employees we paid the exercise price of the stock option and related taxes, and decreased the shares issued to the employee by a corresponding value, resulting in a share issuance net of the exercise price and taxes to the employee. |