Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance – December 31, 2020 at Dec. 31, 2019 $ 240,000 $ 65,824,000 $ (12,636,000) $ 79,000 $ 53,507,000
Balance at beginning, Shares at Dec. 31, 2019 24,036,071        
Dividends and dividend equivalents declared (2,435,000) (2,435,000)
Stock-based compensation 302,000 302,000
Vesting of restricted stock units $ 3,000 (3,000)
Vesting of restricted stock units, Shares 247,500        
Value of shares delivered to pay withholding taxes $ (1,000) 1,000 (161,000) (161,000)
Value of shares delivered to pay withholding taxes, Shares (66,510)        
Cashless exercise of options $ 1,000 1,000
Cashless exercise of options, Shares 105,000        
Value of shares delivered to pay withholding taxes $ (1,000) (1,000)
Value of shares delivered to pay withholding taxes, Shares (100,293)        
Treasury shares purchased and retired $ (1,000) (252,000) (253,000)
Treasury shares purchased and retired, Shares (115,889)        
Net unrealized loss on corporate bonds and notes (89,000) (89,000)
Net income (1,709,000) (1,709,000)
Balance – December 31, 2021 at Dec. 31, 2020 $ 241,000 66,124,000 (17,193,000) (10,000) 49,162,000
Balance at ending, Shares at Dec. 31, 2020 24,105,879        
Dividends and dividend equivalents declared (2,429,000) (2,429,000)
Stock-based compensation 238,000 238,000
Vesting of restricted stock units $ 1,000 (1,000)
Vesting of restricted stock units, Shares 70,000        
Value of shares delivered to pay withholding taxes (14,000) (14,000)
Value of shares delivered to pay withholding taxes, Shares (5,192)        
Treasury shares purchased and retired $ (4,000) (1,073,000) (1,077,000)
Treasury shares purchased and retired, Shares (378,475)        
Net unrealized loss on corporate bonds and notes (2,000) (2,000)
Net income 14,281,000 14,281,000
Balance – December 31, 2021 at Dec. 31, 2021 $ 238,000 $ 66,361,000 $ (6,428,000) $ (12,000) $ 60,159,000
Balance at ending, Shares at Dec. 31, 2021 23,792,212