Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Employee and Director Benefits (Tables)

v3.7.0.1
Note 6 - Employee and Director Benefits (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    2017   2016
Expected volatility    
29.00
%    
29.00
%
Expected dividends    
0.43
%    
0.60
%
Expected term (in years)    
6
     
6
 
Risk-free rate    
2.08
%    
1.92
%
Share-based Compensation, Stock Options, Activity [Table Text Block]
            Weighted    
        Weighted   Average    
        Average   Remaining    
        Exercise   Contractual   Aggregate
    Shares   Price   Term (years)   Intrinsic Value
                (In Thousands)
Three Months Ended March 31, 2017:                                
Outstanding at January 1, 2017    
2,026,334
    $
9.00
     
6.2
    $
57,636
 
Granted    
51,500
     
38.10
     
9.8
     
(89
)
Exercised    
(175,500
)    
5.28
     
5.0
     
5,459
 
Forfeited    
(27,000
)    
21.55
     
8.8
     
401
 
Outstanding at March 31, 2017    
1,875,334
     
9.96
     
6.2
    $
49,540
 
                                 
Exercisable at March 31, 2017    
928,236
    $
5.12
     
4.6
    $
29,013
 
                                 
Three Months Ended March 31, 2016:                                
Outstanding at January 1, 2016    
2,498,834
    $
6.66
     
6.3
    $
42,743
 
Granted    
198,000
     
19.11
     
9.8
     
-
 
Exercised    
(411,000
)    
4.27
     
4.6
     
7,372
 
Forfeited    
(9,000
)    
19.52
     
9.3
     
24
 
Outstanding at March 31, 2016    
2,276,834
     
8.12
     
6.7
    $
32,058
 
                                 
Exercisable at March 31, 2016    
782,836
    $
4.74
     
5.2
    $
13,672