National Research (NRC) 10-Q 4 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 28, 2017
Document Information [Line Items]
Entity Registrant Name	National Research Corporation
Entity Central Index Key	70,487
Trading Symbol	nrci
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		20,942,785
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		3,540,244

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 31,628	$ 33,021
Trade accounts receivable, less allowance for doubtful accounts of $182 and $169 in 2017 and 2016, respectively	13,138	10,864
Unbilled revenue	1,644	1,546
Prepaid expenses	3,378	1,585
Income tax receivable	1,172	14
Other current assets	23	35
Total current assets	50,983	47,065
Property and equipment, net	12,138	11,806
Intangible assets, net	2,830	3,124
Goodwill	57,942	57,861
Other	683	768
Total assets	124,576	120,624
Current liabilities:
Current portion of notes payable	2,107	2,683
Accounts payable	883	765
Accrued wages, bonus and profit sharing	4,076	4,543
Accrued expenses	2,730	3,069
Current portion of capital lease obligations	102	82
Income taxes payable		662
Dividends payable	4,218	4,213
Deferred revenue	16,735	15,497
Total current liabilities	30,851	31,514
Notes payable, net of current portion		857
Deferred income taxes	5,057	4,670
Other long term liabilities	838	777
Total liabilities	36,746	37,818
Shareholders’ equity:
Preferred stock, $0.01 par value; authorized 2,000,000 shares, none issued	0	0
Additional paid-in capital	49,620	46,725
Retained earnings	75,343	71,507
Accumulated other comprehensive loss	(2,127)	(2,626)
Treasury stock, at cost; 4,855,667 Class A shares, 777,412 Class B shares in 2017 and 4,765,691 Class A shares, 768,944 Class B shares in 2016	(35,036)	(32,830)
Total shareholders’ equity	87,830	82,806
Total liabilities and shareholders’ equity	124,576	120,624
Common Class A [Member]
Shareholders’ equity:
Common stock, value	26	26
Common Class B [Member]
Shareholders’ equity:
Common stock, value	$ 4	$ 4

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Allowance for doubtful accounts	$ 182	$ 169
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	25,796,457	25,656,760
Common stock, shares outstanding (in shares)	20,940,790	20,891,069
Treasury stock, shares (in shares)	4,855,667	4,765,691
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	80,000,000	80,000,000
Common stock, shares issued (in shares)	4,317,656	4,308,875
Common stock, shares outstanding (in shares)	3,540,244	3,539,931
Treasury stock, shares (in shares)	777,412	768,944

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue	$ 28,435	$ 26,114	$ 58,710	$ 53,984
Operating expenses:
Direct	11,939	10,734	24,439	22,273
Selling, general and administrative	6,905	7,270	13,591	14,627
Depreciation and amortization	1,139	1,092	2,244	2,060
Total operating expenses	19,983	19,096	40,274	38,960
Operating income	8,452	7,018	18,436	15,024
Other income (expense):
Interest income	15	11	29	22
Interest expense	(23)	(36)	(50)	(121)
Other, net	27	43	35	118
Total other income (expense)	19	18	14	19
Income before income taxes	8,471	7,036	18,450	15,043
Provision for income taxes	2,719	2,478	6,178	4,978
Net income	5,752	4,558	12,272	10,065
Common Class A [Member]
Other income (expense):
Net income	$ 2,855	$ 2,260	$ 6,088	$ 4,994
Basic Earnings Per Share:
Basic earnings per share (in dollars per share)	$ 0.14	$ 0.11	$ 0.29	$ 0.24
Diluted Earnings Per Share:
Diluted earnings per share (in dollars per share)	0.13	0.11	0.28	0.24
Dividends Per Share of Common Stock:
Dividends per share (in dollars per share)	$ 0.10	$ 0.08	$ 0.20	$ 0.16
Weighted average shares and share equivalents outstanding:
Weighted average shares and share equivalents outstanding, basic (in shares)	20,752	20,711	20,745	20,711
Weighted average shares and share equivalents outstanding, diluted (in shares)	21,525	20,992	21,404	21,002
Common Class B [Member]
Other income (expense):
Net income	$ 2,897	$ 2,298	$ 6,184	$ 5,071
Basic Earnings Per Share:
Basic earnings per share (in dollars per share)	$ 0.82	$ 0.65	$ 1.75	$ 1.44
Diluted Earnings Per Share:
Diluted earnings per share (in dollars per share)	0.80	0.64	1.71	1.41
Dividends Per Share of Common Stock:
Dividends per share (in dollars per share)	$ 0.60	$ 0.48	$ 1.20	$ 0.96
Weighted average shares and share equivalents outstanding:
Weighted average shares and share equivalents outstanding, basic (in shares)	3,514	3,508	3,514	3,498
Weighted average shares and share equivalents outstanding, diluted (in shares)	3,591	3,565	3,584	3,557

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income	$ 5,752	$ 4,558	$ 12,272	$ 10,065
Other comprehensive income:
Foreign currency translation adjustment	381	5	499	878
Other comprehensive income	381	5	499	878
Comprehensive Income	$ 6,133	$ 4,563	$ 12,771	$ 10,943

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 12,272	$ 10,065
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,244	2,060
Deferred income taxes	386	926
Reserve for uncertain tax positions	73	(84)
Non-cash share-based compensation expense	792	1,081
Net changes in assets and liabilities:
Trade accounts receivable	(2,217)	(1,225)
Unbilled revenue	(82)	(356)
Prepaid expenses	(1,696)	(637)
Accounts payable	222	74
Accrued expenses, wages, bonuses and profit sharing	(750)	(627)
Income taxes receivable and payable	(1,818)	(1,271)
Deferred revenue	1,194	1,219
Net cash provided by operating activities	10,620	11,225
Cash flows from investing activities:
Purchases of property and equipment	(2,390)	(2,217)
Net cash used in investing activities	(2,390)	(2,217)
Cash flows from financing activities:
Payments on notes payable	(1,433)	(1,192)
Payments on capital lease obligations	(53)	(46)
Cash paid for non-controlling interest		(2,000)
Proceeds from exercise of stock options		547
Payment of employee payroll tax withholdings on share-based awards exercised	(105)	(147)
Payment of dividends on common stock	(8,431)	(21,809)
Net cash used in financing activities	(10,022)	(24,647)
Effect of exchange rate changes on cash	399	686
Change in cash and cash equivalents	(1,393)	(14,953)
Cash and cash equivalents at beginning of period	33,021	42,145
Cash and cash equivalents at end of period	31,628	27,192
Supplemental disclosure of cash paid for:
Interest, net of capitalized amounts	44	118
Income taxes	7,539	5,484
Supplemental disclosure of non-cash investing and financing activities:
Capital lease obligations originated for property and equipment	64	109
Stock tendered to the Company for cashless exercise of stock options in connection with equity incentive plans	$ 2,101	$ 162

Note 1 - Basis of Consolidation

Note 1 - Basis of Consolidation and Presentation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	1. BASIS OF CONSOLIDATION AND PRESENTATION National Research Corporation, doing business as NRC Health (“NRC Health,” the “Company,” “we,” “our,” “us” or similar terms), is a leading provider of analytics and insights that facilitate measurement and improvement of the patient and employee experience while also increasing patient engagement and customer loyalty for healthcare providers, payers and other healthcare organizations in the United States and Canada. The Company ’s solutions enable its clients to understand the voice of the customer with greater clarity, immediacy and depth. The Company ’s six one six The condensed consolidated balance sheet of the Company at December 31, 2016, ’s audited consolidated balance sheet as of that date. All other financial statements contained herein are unaudited and, in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) the Company considers necessary for a fair presentation of financial position, results of operations and cash flows in accordance with accounting principles generally accepted in the United States. Information and footnote disclosures included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto that are included in the Company ’s Form 10 December 31, 2016, March 3, 2017. The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, National Research Corporation Canada, doing business as NRC Health Canada. The condensed consolidated statement of income for the three and six June 30, 2016 March 2016 June 30, 2016, The functional currency of the Company ’s foreign subsidiary, National Research Corporation Canada, doing business as NRC Health Canada, is the subsidiary’s local currency. The Company translates the assets and liabilities of its foreign subsidiary at the period-end rate of exchange and its foreign subsidiary’s income statement balances at the average rate prevailing during the period. The Company records the resulting translation adjustment in accumulated other comprehensive loss, a component of shareholders’ equity. Since the undistributed earnings of the Company’s foreign subsidiary are considered to be indefinitely reinvested, no Reclassifications Reclassifications have been made from noncurrent deferred income taxes to other noncurrent liabilities in the 2016 2017 no Fair Value Measurements The Company ’s valuation techniques are based on maximizing observable inputs and minimizing the use of unobservable inputs when measuring fair value. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect the Company’s market assumptions. The inputs are then classified into the following hierarchy: ( 1 1 2 2 1 not 3 3 Commercial paper and Eurodollar deposits are included in cash equivalents and are valued at amortized cost, which approximates fair value due to their short-term nature. Eurodollar deposits are United States dollars deposited in a foreign bank branch of a United States bank and have daily liquidity. Both of these are included as a Level 2 The following details the Company ’s financial assets and liabilities within the fair value hierarchy at June 30, 2017 December 31, 2016: Fair Values Measured on a Recurring Basis Level 1 Level 2 Level 3 Total (In thousands) As of June 30, 2017 Money Market Funds $ 12,078 $ -- $ -- $ 12,078 Commercial Paper -- 9,096 -- 9,096 Eurodollar Deposit s -- 10,000 -- 10,000 Total $ 12,078 $ 19,096 $ -- $ 31,174 As of December 31, 2016 Money Market Funds $ 11,200 $ -- $ -- $ 11,200 Commercial Paper -- 21,450 -- 21,450 Total $ 11,200 $ 21,450 $ -- $ 32,650 The Company ’s long-term debt is recorded at historical cost. The following are the carrying amounts and estimated fair values, using a Level 2 June 30 , 2017 December 31, 2016 (In thousands) Total carrying amounts of long-term debt $ 2,107 $ 3,540 Estimated fair value of long-term debt $ 2,102 $ 3,533 The Company believes that the carrying amounts of trade accounts receivable, accounts payable and accrued expenses approximate their fair value due to the short maturity of those instruments. All non-financial assets that are not June 30, 2017, December 31, 2016, no

Note 2 - Income Taxes

Note 2 - Income Taxes	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	2. INCOME TAXES The effective tax rate for the three June 30, 2017 32.1% 35.2% 2016. six June 30, 2017 33.5% 33.1% 2016. three June 30, 2017 $323,000 six June 30, 2017 2017 $38,000, 2016, $48,000.

Note 3 - Notes Payable

Note 3 - Notes Payable	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	3 . NOTES PAYABLE The Company ’s term note is payable in monthly installments of $212,468. 3.12%. June 30, 2017 $2.1 T he Company also has a revolving credit note which was amended and extended effective June 30, 2017 June 30, 2018. $12.0 three 1 2.1% one 2 2.1% one two three 3 one twelve June 30, 2017 not $12.0 The term note and revolving credit note are secured by certain of the Company ’s assets, including the Company’s land, building, trade accounts receivable and intangible assets. The term note and revolving credit note contain various restrictions and covenants applicable to the Company, including requirements that the Company maintain certain financial ratios at prescribed levels and restrictions on the ability of the Company to consolidate or merge, create liens, incur additional indebtedness or dispose of assets. As of June 30, 2017,

Note 4 - Share-based Compensati

Note 4 - Share-based Compensation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	4. SHARE-BASED COMPENSATION The Company measures and recognizes compensation expense for all share-based payments based on the grant-date fair value of those awards. All of the Company ’s existing stock option awards and unvested stock awards have been determined to be equity-classified awards. The Company ’s 2001 1,800,000 300,000 one five five ten The Company ’s 2004 “2004 3,000,000 500,000 2004 not 36,000 6,000 one ten three The Company ’s 2006 1,800,000 300,000 may five ten The Company granted options to purchase 299,917 49,986 six June 30, 2017. 2017 2016 Class A Class B Class A Class B Expected dividend yield at date of grant 2.46 to 2.87% 7.99 to 8.10% 2.96 to 3.02% 6.67 to 8.12% Expected stock price volatility 32.20 to 32.62% 26.47 to 27.18% 31.33 to 34.61% 27.64 to 31.77% Risk-free interest rate 2.08 to 2.33% 2.08 to 2.33% 1.36 to 2.12% 1.36 to 2.12% Expected life of options (in years) 6 to 8 6 to 8 6 to 8 6 to 8 The risk-free interest rate assumptions were based on the U.S. Treasury yield curve in effect at the time of the grant. The expected volatility was based on historical monthly price changes of the Company ’s common stock based on the expected life of the options at the date of grant. The expected life of options is the average number of years the Company estimates that options will be outstanding. The Company considers groups of associates that have similar historical exercise behavior separately for valuation purposes. The following table summarizes stock option activity under the Company ’s 2001 2006 2004 three June 30, 2017: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value (In thousands) Class A Outstanding at December 31, 2016 1,705,483 $ 12.31 Granted 299,917 $ 22.13 Exercised (159,011 ) $ 11.07 $ 1,754 Forfeited (24,982 ) $ 17.03 Outstanding at June 30, 2017 1,821,407 $ 13.97 6.24 $ 23,544 Exercisable at June 30, 2017 1,313,134 $ 12.03 5.23 $ 19,523 Class B Outstanding at December 31, 2016 250,493 $ 29.70 Granted 49,986 $ 42.90 Exercised (12,000 ) $ 28.41 $ 142 Forfeited (4,163 ) $ 37.30 Outstanding at June 30, 2017 284,316 $ 31.96 6.48 $ 4,486 Exercisable at June 30, 2017 200,550 $ 29.06 5.49 $ 3,747 As of June 30, 2017, $2.0 $239,000 2.33 2.48 The following table summarizes information for the six June 30, 2017 2001 2006 : Class A Shares Outstanding Class A Weighted Average Grant Date Fair Value Per Share Class B Shares Outstanding Class B Weighted Average Grant Date Fair Value Per Share Outstanding at December 31, 2016 174,487 $ 13.93 29,081 $ 37.21 Granted -- -- -- -- Vested -- -- -- -- Forfeited (19,314 ) $ 14.27 (3,219 ) $ 34.69 Outstanding at June 30, 2017 155,173 $ 13.89 25,862 $ 37.53 As of June 30, 2017, $1.2 2.59

Note 5 - Goodwill and Other Int

Note 5 - Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	5. GOODWILL AND OTHER INTANGIBLE ASSETS The following represents a summary of changes in the Company ’s carrying amount of goodwill for the six June 30, 2017: (In thousands) Balance as of December 31, 2016 $ 57,861 Foreign currency translation 81 Balance as of June 30, 2017 $ 57,942 Intangible assets consisted of the following: June 30 , 2017 December 31, 2016 (In thousands) Non-amortizing other intangible assets: Trade name $ 1,191 $ 1,191 Amortizing other intangible assets: Customer related 9,339 9,331 Technology 1,110 1,110 Trade name 1,572 1,572 Total other intangible assets 13,212 13,204 Accumulated amortization (10,382 ) (10,080 ) Other intangible assets, net $ 2,830 $ 3,124

Note 6 - Property and Equipment

Note 6 - Property and Equipment	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. PROPERTY AND EQUIPMENT June 30, 2017 December 31, 2016 (In thousands) Property and equipment $ 40,209 $ 37,890 Accumulated depreciation (28,071 ) (26,084 ) Property and equipment, net $ 12,138 $ 11,806

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	7. EARNINGS PER SHARE Net income per share of class A common stock and class B common stock is computed using the two Diluted net income per share is computed using the weighted-average number of common shares and, if dilutive, the potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and vesting of restricted stock. The dilutive effect of outstanding stock options is reflected in diluted earnings per share by application of the treasury stock method. The liquidation rights and the rights upon the consummation of an extraordinary transaction are the same for the holders of class A common stock and class B common stock. Other than share distributions and liquidation rights, the amount of any dividend or other distribution payable on each share of class A common stock will be equal to one sixth 1/6 th ) of the amount of any such dividend or other distribution payable on each share of class B common stock. As a result, the undistributed earnings for each period are allocated based on the contractual participation rights of the class A and class B common stock as if the earnings for the period had been distributed. For the three June 30, 2017 , the Company excluded 17,473 three June 30, 2016, 798,421 46,813 three June 30, 2017, 104,835 three June 30, 2016, 66,428 34,830 For the Three Months Ended June 30, 2017 For the Three Months Ended June 30, 2016 Class A Common Stock Class B Common Stock Class A Common Stock Class B Common Stock (In thousands, except per share data) Numerator for net income per share - basic: Net income $ 2,855 $ 2,897 $ 2,260 $ 2,298 Allocation of distributed and undistributed income to unvested restricted stock shareholders (22 ) (22 ) (19 ) (20 ) Net income attributable to common shareholders $ 2,833 $ 2,875 $ 2,241 $ 2,278 Denominator for net income per share - basic: Weighted average common shares outstanding - basic 20,752 3,514 20,711 3,508 Net income per share – basic $ 0.14 $ 0.82 $ 0.11 $ 0.65 Numerator for net income per share - diluted: Net income attributable to common shareholders for basic computation $ 2,833 $ 2,875 $ 2,241 $ 2,278 Denominator for net income per share - diluted: Weighted average common shares outstanding – basic 20,752 3,514 20,711 3,508 Weighted average effect of dilutive securities – stock options 773 77 281 57 Denominator for diluted earnings per share – adjusted weighted average shares 21,525 3,591 20,992 3,565 Net income per share – diluted $ 0.13 $ 0.80 $ 0.11 $ 0.64 For the six June 30, 2017 2016, 52,707 550,561 38,784 38,407 six June 30, 2017 2016, 115,908 260,868 19,318 34,333 For the Six Months Ended June 30, 2017 For the Six Months Ended June 30, 2016 Class A Common Stock Class B Common Stock Class A Common Stock Class B Common Stock (In thousands, except per share data) Numerator for net income per share - basic: Net income $ 6,088 $ 6,184 $ 4,994 $ 5,071 Allocation of distributed and undistributed income to unvested restricted stock shareholders (48 ) (49 ) (43 ) (44 ) Net income attributable to common shareholders $ 6,040 $ 6,135 $ 4,951 $ 5,027 Denominator for net income per share - basic: Weighted average common shares outstanding - basic 20,745 3,514 20,711 3,498 Net income per share – basic $ 0.29 $ 1.75 $ 0.24 $ 1.44 Numerator for net income per share - diluted: Net income attributable to common shareholders for basic computation $ 6,040 $ 6,135 $ 4,951 $ 5,027 Denominator for net income per share - diluted: Weighted average common shares outstanding – basic 20,745 3,514 20,711 3,498 Weighted average effect of dilutive securities – stock options 659 70 291 59 Denominator for diluted earnings per share – adjusted weighted average shares 21,404 3,584 21,002 3,557 Net income per share – diluted $ 0.28 $ 1.71 $ 0.24 $ 1.41

Note 8 - Related Party

Note 8 - Related Party	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	8. RELATED PARTY A director of the Company serves as an officer of Ameritas Life Insurance Corp. (“Ameritas”). In connection with the Company’s regular assessment of its insurance-based associate benefits, which is conducted by an independent insurance broker, and the costs associated therewith, the Company purchases dental and vision insurance for certain of its associates from Ameritas. The total value of these purchases was $62,000 $57,000 three June 30, 2017 2016, $120,000 $115,000 six June 30, 2017 2016, Mr. Hays, the Chief Executive Officer, majority shareholder and director of the Company, is an owner of 14% The Company, directly or indirectly through its former subsidiary Customer-Connect LLC, purchased certain services from Nebraska Global, primarily consisting of software development services. The total value of these purchases were $204,000 $420,000 three six June 30, 2016, no 2017.

Note 9 - Recent Accounting Pron

Note 9 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	9. RECENT ACCOUNTING PRONOUNCEMENTS In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09” 2014 09 2014 09 December 15, 2017, December 15, 2016. may 2014 09 first second 2017, January 1, 2018 In February 2016, 2016 02, Leases (Topic 842 twelve December 15, 2018, not In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326 December 15, 2019 not In August 2016, 2016 15, Statement of Cash Flows (Topic 230 eight January 1, 2018 January 1, 2018 not In October 2016, 2016 16, Intra-Entity Transfers of Asset Other Than Inventory 2016 16” 2016 16 December 15, 2017. 2016 16 2016 16 not In November 2016, 2016 18, Statement of Cash Flows (Topic 230 2016 18” 2016 18 not 2016 18 December 15, 2017. not 2016 18 In January 2017, 2017 04, Intangibles—Goodwill and Other (Topic 350 2017 04” 2 may 1 may not 1 2017 04 December 15, 2019. The Company does not

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Reclassification, Policy [Policy Text Block]	Reclassifications Reclassifications have been made from noncurrent deferred income taxes to other noncurrent liabilities in the 2016 2017 no
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements The Company ’s valuation techniques are based on maximizing observable inputs and minimizing the use of unobservable inputs when measuring fair value. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect the Company’s market assumptions. The inputs are then classified into the following hierarchy: ( 1 1 2 2 1 not 3 3 Commercial paper and Eurodollar deposits are included in cash equivalents and are valued at amortized cost, which approximates fair value due to their short-term nature. Eurodollar deposits are United States dollars deposited in a foreign bank branch of a United States bank and have daily liquidity. Both of these are included as a Level 2 The following details the Company ’s financial assets and liabilities within the fair value hierarchy at June 30, 2017 December 31, 2016: Fair Values Measured on a Recurring Basis Level 1 Level 2 Level 3 Total (In thousands) As of June 30, 2017 Money Market Funds $ 12,078 $ -- $ -- $ 12,078 Commercial Paper -- 9,096 -- 9,096 Eurodollar Deposit s -- 10,000 -- 10,000 Total $ 12,078 $ 19,096 $ -- $ 31,174 As of December 31, 2016 Money Market Funds $ 11,200 $ -- $ -- $ 11,200 Commercial Paper -- 21,450 -- 21,450 Total $ 11,200 $ 21,450 $ -- $ 32,650 The Company ’s long-term debt is recorded at historical cost. The following are the carrying amounts and estimated fair values, using a Level 2 June 30 , 2017 December 31, 2016 (In thousands) Total carrying amounts of long-term debt $ 2,107 $ 3,540 Estimated fair value of long-term debt $ 2,102 $ 3,533 The Company believes that the carrying amounts of trade accounts receivable, accounts payable and accrued expenses approximate their fair value due to the short maturity of those instruments. All non-financial assets that are not June 30, 2017, December 31, 2016, no
New Accounting Pronouncements, Policy [Policy Text Block]	In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09” 2014 09 2014 09 December 15, 2017, December 15, 2016. may 2014 09 first second 2017, January 1, 2018 In February 2016, 2016 02, Leases (Topic 842 twelve December 15, 2018, not In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326 December 15, 2019 not In August 2016, 2016 15, Statement of Cash Flows (Topic 230 eight January 1, 2018 January 1, 2018 not In October 2016, 2016 16, Intra-Entity Transfers of Asset Other Than Inventory 2016 16” 2016 16 December 15, 2017. 2016 16 2016 16 not In November 2016, 2016 18, Statement of Cash Flows (Topic 230 2016 18” 2016 18 not 2016 18 December 15, 2017. not 2016 18 In January 2017, 2017 04, Intangibles—Goodwill and Other (Topic 350 2017 04” 2 may 1 may not 1 2017 04 December 15, 2019. The Company does not

Note 1 - Basis of Consolidati17

Note 1 - Basis of Consolidation and Presentation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30 , 2017 December 31, 2016 (In thousands) Total carrying amounts of long-term debt $ 2,107 $ 3,540 Estimated fair value of long-term debt $ 2,102 $ 3,533
Fair Value, Measurements, Recurring [Member]
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Level 1 Level 2 Level 3 Total (In thousands) As of June 30, 2017 Money Market Funds $ 12,078 $ -- $ -- $ 12,078 Commercial Paper -- 9,096 -- 9,096 Eurodollar Deposit s -- 10,000 -- 10,000 Total $ 12,078 $ 19,096 $ -- $ 31,174 As of December 31, 2016 Money Market Funds $ 11,200 $ -- $ -- $ 11,200 Commercial Paper -- 21,450 -- 21,450 Total $ 11,200 $ 21,450 $ -- $ 32,650

Note 4 - Share-based Compensa18

Note 4 - Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2017 2016 Class A Class B Class A Class B Expected dividend yield at date of grant 2.46 to 2.87% 7.99 to 8.10% 2.96 to 3.02% 6.67 to 8.12% Expected stock price volatility 32.20 to 32.62% 26.47 to 27.18% 31.33 to 34.61% 27.64 to 31.77% Risk-free interest rate 2.08 to 2.33% 2.08 to 2.33% 1.36 to 2.12% 1.36 to 2.12% Expected life of options (in years) 6 to 8 6 to 8 6 to 8 6 to 8
Share-based Compensation, Activity [Table Text Block]	Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value (In thousands) Class A Outstanding at December 31, 2016 1,705,483 $ 12.31 Granted 299,917 $ 22.13 Exercised (159,011 ) $ 11.07 $ 1,754 Forfeited (24,982 ) $ 17.03 Outstanding at June 30, 2017 1,821,407 $ 13.97 6.24 $ 23,544 Exercisable at June 30, 2017 1,313,134 $ 12.03 5.23 $ 19,523 Class B Outstanding at December 31, 2016 250,493 $ 29.70 Granted 49,986 $ 42.90 Exercised (12,000 ) $ 28.41 $ 142 Forfeited (4,163 ) $ 37.30 Outstanding at June 30, 2017 284,316 $ 31.96 6.48 $ 4,486 Exercisable at June 30, 2017 200,550 $ 29.06 5.49 $ 3,747
Schedule of Nonvested Share Activity [Table Text Block]	Class A Shares Outstanding Class A Weighted Average Grant Date Fair Value Per Share Class B Shares Outstanding Class B Weighted Average Grant Date Fair Value Per Share Outstanding at December 31, 2016 174,487 $ 13.93 29,081 $ 37.21 Granted -- -- -- -- Vested -- -- -- -- Forfeited (19,314 ) $ 14.27 (3,219 ) $ 34.69 Outstanding at June 30, 2017 155,173 $ 13.89 25,862 $ 37.53

Note 5 - Goodwill and Other I19

Note 5 - Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Goodwill [Table Text Block]	(In thousands) Balance as of December 31, 2016 $ 57,861 Foreign currency translation 81 Balance as of June 30, 2017 $ 57,942
Schedule of Intangible Assets [Table Text Block]	June 30 , 2017 December 31, 2016 (In thousands) Non-amortizing other intangible assets: Trade name $ 1,191 $ 1,191 Amortizing other intangible assets: Customer related 9,339 9,331 Technology 1,110 1,110 Trade name 1,572 1,572 Total other intangible assets 13,212 13,204 Accumulated amortization (10,382 ) (10,080 ) Other intangible assets, net $ 2,830 $ 3,124

Note 6 - Property and Equipme20

Note 6 - Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, 2017 December 31, 2016 (In thousands) Property and equipment $ 40,209 $ 37,890 Accumulated depreciation (28,071 ) (26,084 ) Property and equipment, net $ 12,138 $ 11,806

Note 7 - Earnings Per Share (Ta

Note 7 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended June 30, 2017 For the Three Months Ended June 30, 2016 Class A Common Stock Class B Common Stock Class A Common Stock Class B Common Stock (In thousands, except per share data) Numerator for net income per share - basic: Net income $ 2,855 $ 2,897 $ 2,260 $ 2,298 Allocation of distributed and undistributed income to unvested restricted stock shareholders (22 ) (22 ) (19 ) (20 ) Net income attributable to common shareholders $ 2,833 $ 2,875 $ 2,241 $ 2,278 Denominator for net income per share - basic: Weighted average common shares outstanding - basic 20,752 3,514 20,711 3,508 Net income per share – basic $ 0.14 $ 0.82 $ 0.11 $ 0.65 Numerator for net income per share - diluted: Net income attributable to common shareholders for basic computation $ 2,833 $ 2,875 $ 2,241 $ 2,278 Denominator for net income per share - diluted: Weighted average common shares outstanding – basic 20,752 3,514 20,711 3,508 Weighted average effect of dilutive securities – stock options 773 77 281 57 Denominator for diluted earnings per share – adjusted weighted average shares 21,525 3,591 20,992 3,565 Net income per share – diluted $ 0.13 $ 0.80 $ 0.11 $ 0.64 For the Six Months Ended June 30, 2017 For the Six Months Ended June 30, 2016 Class A Common Stock Class B Common Stock Class A Common Stock Class B Common Stock (In thousands, except per share data) Numerator for net income per share - basic: Net income $ 6,088 $ 6,184 $ 4,994 $ 5,071 Allocation of distributed and undistributed income to unvested restricted stock shareholders (48 ) (49 ) (43 ) (44 ) Net income attributable to common shareholders $ 6,040 $ 6,135 $ 4,951 $ 5,027 Denominator for net income per share - basic: Weighted average common shares outstanding - basic 20,745 3,514 20,711 3,498 Net income per share – basic $ 0.29 $ 1.75 $ 0.24 $ 1.44 Numerator for net income per share - diluted: Net income attributable to common shareholders for basic computation $ 6,040 $ 6,135 $ 4,951 $ 5,027 Denominator for net income per share - diluted: Weighted average common shares outstanding – basic 20,745 3,514 20,711 3,498 Weighted average effect of dilutive securities – stock options 659 70 291 59 Denominator for diluted earnings per share – adjusted weighted average shares 21,404 3,584 21,002 3,557 Net income per share – diluted $ 0.28 $ 1.71 $ 0.24 $ 1.41

Note 1 - Basis of Consolidati22

Note 1 - Basis of Consolidation and Presentation (Details Textual) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Number of Operating Segments	6
Number of Reportable Segments	1
Goodwill and Intangible Asset Impairment	$ 0	$ 0

Note 1 - Basis of Consolidati23

Note 1 - Basis of Consolidation and Presentation - Fair Value of Financial Assets and Liabilities (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets, fair value	$ 31,174	$ 32,650
Money Market Funds [Member]
Assets, fair value	12,078	11,200
Commercial Paper [Member]
Assets, fair value	9,096	21,450
Eurodollar Deposits [Member]
Assets, fair value	10,000
Fair Value, Inputs, Level 1 [Member]
Assets, fair value	12,078	11,200
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Assets, fair value	12,078	11,200
Fair Value, Inputs, Level 1 [Member] | Commercial Paper [Member]
Assets, fair value
Fair Value, Inputs, Level 1 [Member] | Eurodollar Deposits [Member]
Assets, fair value
Fair Value, Inputs, Level 2 [Member]
Assets, fair value	19,096	21,450
Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member]
Assets, fair value
Fair Value, Inputs, Level 2 [Member] | Commercial Paper [Member]
Assets, fair value	9,096	21,450
Fair Value, Inputs, Level 2 [Member] | Eurodollar Deposits [Member]
Assets, fair value	10,000
Fair Value, Inputs, Level 3 [Member]
Assets, fair value
Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]
Assets, fair value
Fair Value, Inputs, Level 3 [Member] | Commercial Paper [Member]
Assets, fair value
Fair Value, Inputs, Level 3 [Member] | Eurodollar Deposits [Member]
Assets, fair value

Note 1 - Basis of Consolidati24

Note 1 - Basis of Consolidation and Presentation - Fair Values of Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Total carrying amounts of long-term debt	$ 2,107	$ 3,540
Estimated fair value of long-term debt	$ 2,102	$ 3,533

Note 2 - Income Taxes (Details

Note 2 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Effective Income Tax Rate Reconciliation, Percent	32.10%	35.20%	33.50%	33.10%
Increase (Decrease) in Income Tax Expense from Exercise of Options and Dividends Paid to Non-vested Shareholders	$ (323,000)
Increase (Decrease) in Income Tax Expense from Change in State Tax Incentives			$ 38,000
Increase (Decrease) in Income Tax Expense from Adjustments Related to Federal Tax Examinations				$ (48,000)

Note 3 - Notes Payable (Details

Note 3 - Notes Payable (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Long-term Debt	$ 2,107,000	$ 3,540,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	12,000,000
Long-term Line of Credit	0
Line of Credit Facility, Remaining Borrowing Capacity	$ 12,000,000
Revolving Credit Facility [Member] | One Month LIBOR [Member]
Debt Instrument, Basis Spread on Variable Rate	2.10%
Revolving Credit Facility [Member] | One, Two, or Three Month LIBOR [Member]
Debt Instrument, Basis Spread on Variable Rate	2.10%
Term Note [Member]
Debt Instrument, Periodic Payment	$ 212,468
Debt Instrument, Interest Rate, Stated Percentage	3.12%

Note 4 - Share-based Compensa27

Note 4 - Share-based Compensation (Details Textual)	6 Months Ended
	Jun. 30, 2017USD ($)shares
Common Class A Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	299,917
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 2,000,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 120 days
Common Class B Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	49,986
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 239,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 175 days
The 2001 Equity Incentive Plan [Member] | Employee Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	5 years
The 2001 Equity Incentive Plan [Member] | Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year
Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Minimum [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	3 years
Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Maximum [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
The 2006 Equity Incentive Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	5 years
The 2006 Equity Incentive Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	299,917
Common Class A [Member] | The 2001 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,800,000
Common Class A [Member] | Director Plan 2004 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	3,000,000
Common Class A [Member] | Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options Granted at Annual Meeting	36,000
Common Class A [Member] | The 2006 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,800,000
Common Class B [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	49,986
Common Class B [Member] | The 2001 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	300,000
Common Class B [Member] | Director Plan 2004 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	500,000
Common Class B [Member] | Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options Granted at Annual Meeting	6,000
Common Class B [Member] | The 2006 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	300,000
Nonvested Stock [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 1,200,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 215 days

Note 4 - Share-based Compensa28

Note 4 - Share-based Compensation - Stock Options Valuation Assumptions (Details)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Common Class A [Member] | Minimum [Member]
Expected dividend yield at date of grant	2.46%	2.96%
Expected stock price volatility	32.20%	31.33%
Risk-free interest rate	2.08%	1.36%
Expected life of options (in years) (Year)	6 years	6 years
Common Class A [Member] | Maximum [Member]
Expected dividend yield at date of grant	2.87%	3.02%
Expected stock price volatility	32.62%	34.61%
Risk-free interest rate	2.33%	2.12%
Expected life of options (in years) (Year)	8 years	8 years
Common Class B [Member] | Minimum [Member]
Expected dividend yield at date of grant	7.99%	6.67%
Expected stock price volatility	26.47%	27.64%
Risk-free interest rate	2.08%	1.36%
Expected life of options (in years) (Year)	6 years	6 years
Common Class B [Member] | Maximum [Member]
Expected dividend yield at date of grant	8.10%	8.12%
Expected stock price volatility	27.18%	31.77%
Risk-free interest rate	2.33%	2.12%
Expected life of options (in years) (Year)	8 years	8 years

Note 4 - Share-based Compensa29

Note 4 - Share-based Compensation - Stock Option Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Common Class A [Member]
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 13.97
Outstanding, weighted average remaining contractual term (Year)	6 years 87 days
Outstanding, aggregate intrinsic value | $	$ 23,544
Exercisable, number of options (in shares) | shares	1,313,134
Weighted average exercise price (in dollars per share) | $ / shares	$ 12.03
Exercisable, weighted average remaining contractual term (Year)	5 years 83 days
Exercisable, aggregate intrinsic value | $	$ 19,523
Outstanding, number of options (in shares) | shares	1,705,483
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 12.31
Granted, number of options (in shares) | shares	299,917
Granted, weighted average exercise price (in dollars per share) | $ / shares	$ 22.13
Exercised, number of options (in shares) | shares	(159,011)
Exercised, weighted average exercise price (in dollars per share) | $ / shares	$ 11.07
Exercised, aggregate intrinsic value | $	$ 1,754
Forfeited, number of options (in shares) | shares	(24,982)
Forfeited, weighted average exercise price (in dollars per share) | $ / shares	$ 17.03
Outstanding, number of options (in shares) | shares	1,821,407
Common Class B [Member]
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 31.96
Outstanding, weighted average remaining contractual term (Year)	6 years 175 days
Outstanding, aggregate intrinsic value | $	$ 4,486
Exercisable, number of options (in shares) | shares	200,550
Weighted average exercise price (in dollars per share) | $ / shares	$ 29.06
Exercisable, weighted average remaining contractual term (Year)	5 years 178 days
Exercisable, aggregate intrinsic value | $	$ 3,747
Outstanding, number of options (in shares) | shares	250,493
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 29.70
Granted, number of options (in shares) | shares	49,986
Granted, weighted average exercise price (in dollars per share) | $ / shares	$ 42.90
Exercised, number of options (in shares) | shares	(12,000)
Exercised, weighted average exercise price (in dollars per share) | $ / shares	$ 28.41
Exercised, aggregate intrinsic value | $	$ 142
Forfeited, number of options (in shares) | shares	(4,163)
Forfeited, weighted average exercise price (in dollars per share) | $ / shares	$ 37.30
Outstanding, number of options (in shares) | shares	284,316

Note 4 - Share-based Compensa30

Note 4 - Share-based Compensation - Non-vested Stock (Details)	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Common Class A [Member]
Outstanding (in dollars per share) | $ / shares	$ 13.93
Outstanding (in shares) | shares	174,487
Granted (in shares) | shares
Granted (in dollars per share) | $ / shares
Vested (in shares) | shares
Vested (in dollars per share) | $ / shares
Outstanding (in dollars per share) | $ / shares	$ 13.89
Forfeited (in shares) | shares	(19,314)
Forfeited (in dollars per share) | $ / shares	$ 14.27
Outstanding (in shares) | shares	155,173
Common Class B [Member]
Outstanding (in dollars per share) | $ / shares	$ 37.21
Outstanding (in shares) | shares	29,081
Granted (in shares) | shares
Granted (in dollars per share) | $ / shares
Vested (in shares) | shares
Vested (in dollars per share) | $ / shares
Outstanding (in dollars per share) | $ / shares	$ 37.53
Forfeited (in shares) | shares	(3,219)
Forfeited (in dollars per share) | $ / shares	$ 34.69
Outstanding (in shares) | shares	25,862

Note 5 - Goodwill and Other I31

Note 5 - Goodwill and Other Intangible Assets - Summary of Changes in the Carrying Amount of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Balance, beginning of period	$ 57,861
Foreign currency translation	81
Balance, end of period	$ 57,942

Note 5 - Goodwill and Other I32

Note 5 - Goodwill and Other Intangible Assets - Summary of Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Total other intangible assets	$ 13,212	$ 13,204
Accumulated amortization	(10,382)	(10,080)
Other intangible assets, net	2,830	3,124
Customer Relationships [Member]
Intangible assets	9,339	9,331
Technology-Based Intangible Assets [Member]
Intangible assets	1,110	1,110
Trade Names [Member]
Intangible assets	1,572	1,572
Trade Names 1 [Member]
Trade name	$ 1,191	$ 1,191

Note 6 - Property and Equipme33

Note 6 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Property and equipment	$ 40,209	$ 37,890
Accumulated depreciation	(28,071)	(26,084)
Property and equipment, net	$ 12,138	$ 11,806

Note 7 - Earnings Per Share (De

Note 7 - Earnings Per Share (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2017shares	Jun. 30, 2016shares	Jun. 30, 2017shares	Jun. 30, 2016shares
Common Class A [Member]
Common Stock to Dividend or Distribution Payable			0.167
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	104,835	66,428	115,908	260,868
Common Class A [Member] | Exercise Price Exceeds Market Price [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		798,421	52,707	550,561
Common Class B [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		34,830	19,318	34,333
Common Class B [Member] | Exercise Price Exceeds Market Price [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	17,473	46,813	38,784	38,407

Note 7 - Earnings Per Share - N

Note 7 - Earnings Per Share - Net Income Per Share Computation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income	$ 5,752	$ 4,558	$ 12,272	$ 10,065
Common Class A [Member]
Net income per share – basic (in dollars per share)	$ 0.14	$ 0.11	$ 0.29	$ 0.24
Denominator for diluted earnings per share – adjusted weighted average shares (in shares)	21,525	20,992	21,404	21,002
Net income per share – diluted (in dollars per share)	$ 0.13	$ 0.11	$ 0.28	$ 0.24
Net income	$ 2,855	$ 2,260	$ 6,088	$ 4,994
Allocation of distributed and undistributed income to unvested restricted stock shareholders	(22)	(19)	(48)	(43)
Net income attributable to common shareholders	$ 2,833	$ 2,241	$ 6,040	$ 4,951
Weighted average common shares outstanding - basic (in shares)	20,752	20,711	20,745	20,711
Weighted average effect of dilutive securities – stock options (in shares)	773	281	659	291
Common Class B [Member]
Net income per share – basic (in dollars per share)	$ 0.82	$ 0.65	$ 1.75	$ 1.44
Denominator for diluted earnings per share – adjusted weighted average shares (in shares)	3,591	3,565	3,584	3,557
Net income per share – diluted (in dollars per share)	$ 0.80	$ 0.64	$ 1.71	$ 1.41
Net income	$ 2,897	$ 2,298	$ 6,184	$ 5,071
Allocation of distributed and undistributed income to unvested restricted stock shareholders	(22)	(20)	(49)	(44)
Net income attributable to common shareholders	$ 2,875	$ 2,278	$ 6,135	$ 5,027
Weighted average common shares outstanding - basic (in shares)	3,514	3,508	3,514	3,498
Weighted average effect of dilutive securities – stock options (in shares)	77	57	70	59

Note 8 - Related Party (Details

Note 8 - Related Party (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Ameritas Life Insurance Corp [Member]
Related Party Transaction, Amounts of Transaction	$ 62,000	$ 57,000	$ 120,000	$ 115,000
Nebraska Global Investment Company LLC [Member]
Related Party Transaction, Amounts of Transaction		$ 204,000	$ 0	$ 420,000
Nebraska Global Investment Company LLC [Member] | Chief Executive Officer [Member]
Officer Ownership Percentage in Vendor	14.00%		14.00%