10-Q Filing

ESPEY MFG & ELECTRONICS CORP CIK: 33533 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001174947-19-001199`
Period End Date	20190930
Filing Date	20191114
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	esp-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 36 Cash Flow Statement 66 Stockholders Equity 30

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00K	USD	Point-in-time
Trade accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.46M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.33	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.33	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.30M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Investment securities	`AvailableForSaleSecuritiesCurrent`	$5.57M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Investment securities	`AvailableForSaleSecuritiesCurrent`	$5.68M	USD	Point-in-time
Trade accounts receivable, net of allowance of $3,000	`AccountsReceivableNetCurrent`	$11.00M	USD	Point-in-time
Trade accounts receivable, net of allowance of $3,000	`AccountsReceivableNetCurrent`	$6.65M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.03M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.03M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$93.98K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Unearned ESOP, shares	`CommonStockSharesHeldInEmployeeTrustShares`	10,624.00	shares	Point-in-time
Unearned ESOP, shares	`CommonStockSharesHeldInEmployeeTrustShares`	14,166.00	shares	Point-in-time
Raw materials	`InventoryRawMaterials`	$1.75M	USD	Point-in-time
Raw materials	`InventoryRawMaterials`	$1.89M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	626,994.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	628,661.00	shares	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$408.13K	USD	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$643.66K	USD	Point-in-time
Costs related to contracts in process	`InventoryForLongTermContractsOrPrograms`	$12.30M	USD	Point-in-time
Costs related to contracts in process	`InventoryForLongTermContractsOrPrograms`	$11.07M	USD	Point-in-time
Total inventories	`InventoryNet`	$13.23M	USD	Point-in-time
Total inventories	`InventoryNet`	$14.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$263.92K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$494.18K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.86M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.78M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.83M	USD	Point-in-time
Total assets	`Assets`	$35.85M	USD	Point-in-time
Total assets	`Assets`	$35.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.08M	USD	Point-in-time
Salaries and wages	`AccruedSalariesCurrent`	$329.89K	USD	Point-in-time
Salaries and wages	`AccruedSalariesCurrent`	$432.52K	USD	Point-in-time
Vacation	`AccruedVacationCurrent`	$786.87K	USD	Point-in-time
Vacation	`AccruedVacationCurrent`	$675.85K	USD	Point-in-time
ESOP payable	`AccruedEmployeeBenefitsCurrent`	-	USD	Point-in-time
ESOP payable	`AccruedEmployeeBenefitsCurrent`	$84.29K	USD	Point-in-time
Other	`OtherEmployeeRelatedLiabilitiesCurrent`	$109.75K	USD	Point-in-time
Other	`OtherEmployeeRelatedLiabilitiesCurrent`	$84.51K	USD	Point-in-time
Payroll and other taxes withheld	`AccruedPayrollTaxesCurrent`	$60.80K	USD	Point-in-time
Payroll and other taxes withheld	`AccruedPayrollTaxesCurrent`	$61.45K	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$6.05K	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$666.83K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$30.48K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.48M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$277.07K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$268.44K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.35M	USD	Point-in-time
Commitments and contingencies (see Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $.33-1/3 per share Authorized 10,000,000 shares; Issued 3,029,874 shares as of September 30, 2019 and June 30, 2019. Outstanding 2,402,880 and 2,401,213 as of September 30, 2019 and June 30, 2019, respectively (includes 10,624 and 14,166 Unearned ESOP shares, respectively)	`CommonStockValue`	$1.01M	USD	Point-in-time
Common stock, par value $.33-1/3 per share Authorized 10,000,000 shares; Issued 3,029,874 shares as of September 30, 2019 and June 30, 2019. Outstanding 2,402,880 and 2,401,213 as of September 30, 2019 and June 30, 2019, respectively (includes 10,624 and 14,166 Unearned ESOP shares, respectively)	`CommonStockValue`	$1.01M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$18.73M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$18.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.30K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.10K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.51M	USD	Point-in-time
Total stockholders equity before ESOP	`TotalStockholdersEquityBeforyEsopAndTreasuryStock`	$39.33M	USD	Point-in-time
Total stockholders equity before ESOP	`TotalStockholdersEquityBeforyEsopAndTreasuryStock`	$39.76M	USD	Point-in-time
Less: Unearned ESOP shares	`UnearnedESOPSharesCost`	$204.71K	USD	Point-in-time
Less: Unearned ESOP shares	`UnearnedESOPSharesCost`	$204.71K	USD	Point-in-time
Cost of 626,994 and 628,661 shares of common stock in treasury as of September 30, 2019 and June 30, 2019, respectively	`TreasuryStockValue`	$7.63M	USD	Point-in-time
Cost of 626,994 and 628,661 shares of common stock in treasury as of September 30, 2019 and June 30, 2019, respectively	`TreasuryStockValue`	$7.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$30.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$31.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$31.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$33.48M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$35.69M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$35.85M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$8.34M	USD	1 Quarter
Net sales	`Revenues`	$5.92M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.79M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$7.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$992.93K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.14M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.01M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.08M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$52.14K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-16.61K	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$32.16K	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$52.40K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$23.67K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$15.33K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$76.07K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$47.49K	USD	1 Quarter
Income before provision (benefit) for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.46K	USD	1 Quarter
Income before provision (benefit) for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.62K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$17.85K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-2.21K	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.78K	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.67K	USD	1 Quarter
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.35K	USD	1 Quarter
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$197.00	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$81.97K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.02K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.39M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.36M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.38M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.40M	shares	1 Quarter
Dividends per share:	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Dividends per share:	`CommonStockDividendsPerShareDeclared`	$1.25	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$81.78K	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.67K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$37.37K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$47.18K	USD	1 Quarter
Depreciation	`Depreciation`	$142.80K	USD	1 Quarter
Depreciation	`Depreciation`	$122.87K	USD	1 Quarter
ESOP compensation expense	`EmployeeStockOwnershipPlanESOPCompensationExpense`	$101.36K	USD	1 Quarter
ESOP compensation expense	`EmployeeStockOwnershipPlanESOPCompensationExpense`	$87.83K	USD	1 Quarter
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$45.76K	USD	1 Quarter
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-8.69K	USD	1 Quarter
Decrease (increase) in trade receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.35M	USD	1 Quarter
Decrease (increase) in trade receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.42M	USD	1 Quarter
Increase in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$127.22K	USD	1 Quarter
Increase in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$93.98K	USD	1 Quarter
Increase in inventories, net	`IncreaseDecreaseInInventories`	$1.61M	USD	1 Quarter
Increase in inventories, net	`IncreaseDecreaseInInventories`	$2.35M	USD	1 Quarter
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.01M	USD	1 Quarter
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-230.26K	USD	1 Quarter
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-83.98K	USD	1 Quarter
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$758.78K	USD	1 Quarter
Increase in accrued salaries and wages	`IncreaseDecreaseInAccruedSalaries`	$58.42K	USD	1 Quarter
Increase in accrued salaries and wages	`IncreaseDecreaseInAccruedSalaries`	$102.63K	USD	1 Quarter
(Decrease) increase in vacation accrual	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.38K	USD	1 Quarter
(Decrease) increase in vacation accrual	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-111.02K	USD	1 Quarter
Decrease in ESOP payable	`IncreaseDecreaseInDueToEmployeesCurrent`	-	USD	1 Quarter
Decrease in ESOP payable	`IncreaseDecreaseInDueToEmployeesCurrent`	$-3.54K	USD	1 Quarter
(Decrease) increase in other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$54.05K	USD	1 Quarter
(Decrease) increase in other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-25.25K	USD	1 Quarter
(Decrease) increase in payroll and other taxes withheld	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-651.00	USD	1 Quarter
(Decrease) increase in payroll and other taxes withheld	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$15.13K	USD	1 Quarter
Increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	1 Quarter
Increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$660.78K	USD	1 Quarter
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-30.48K	USD	1 Quarter
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.63M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.73M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$612.00K	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$94.07K	USD	1 Quarter
Purchase of investment securities	`PaymentsToAcquireAvailableForSaleSecurities`	$2.47M	USD	1 Quarter
Purchase of investment securities	`PaymentsToAcquireAvailableForSaleSecurities`	$2.58M	USD	1 Quarter
Proceeds from sale/maturity of investment securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$2.58M	USD	1 Quarter
Proceeds from sale/maturity of investment securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$6.65M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.68K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.46M	USD	1 Quarter
Dividends on common stock	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Dividends on common stock	`PaymentsOfDividendsCommonStock`	$597.26K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$8.29K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$50.28K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$200.12K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-555.27K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$200.12K	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.04M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.19M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.46M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.34M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.66M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.46M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.66M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.30M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$151.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$80.00K	USD	1 Quarter
Accrual of dividends	`AccrualOfDividends`	$3.00M	USD	1 Quarter
Accrual of dividends	`AccrualOfDividends`	-	USD	1 Quarter

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income, tax portion	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$358.00	USD	1 Quarter
Other comprehensive income, tax portion	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$52.00	USD	1 Quarter
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$1.25	USD	1 Quarter
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$0.25	USD	1 Quarter
Balance, beginning	`StockholdersEquity`	$30.79M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$31.93M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$31.50M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$33.48M	USD	Point-in-time
Balance, beginning, shares	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Balance, beginning, shares	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Net income	`NetIncomeLoss`	$81.78K	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.67K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.35K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$197.00	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$81.97K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.02K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$50.28K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$200.12K	USD	1 Quarter
Stock options exercised, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2,000.00	shares	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$37.37K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$47.18K	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStockCash`	$597.26K	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStockCash`	$3.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$8.29K	USD	1 Quarter
Balance, ending	`StockholdersEquity`	$30.79M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$31.93M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$31.50M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$33.48M	USD	Point-in-time
Balance, ending, common shares	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Balance, ending, common shares	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.