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Earnings per share
 6 Months Ended
Jun. 30, 2014
Earnings per share
Note 7: Earnings per share

The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock.

 

     For the Three Months Ended      For the Six Months Ended  
     June 30, 2014      June 30, 2013      June 30, 2014      June 30, 2013  
     Average
Shares		      Per share
Amount		      Average
Shares		      Per share
Amount		      Average
Shares		      Per share
Amount		      Average
Shares		      Per share
Amount		  

Basic earnings per share

      4,818,733       $ 0.05         4,817,856       $ 0.05         4,818,311       $ 0.15         4,815,845       $ 0.08   

Effect of dilutive securities:

                        

Stock options

      18,050            2,158            14,105            2,413      
  

 

 

        

 

 

        

 

 

        

 

 

     

Diluted earnings per share

      4,836,783       $ 0.05         4,820,014       $ 0.05         4,832,416       $ 0.15         4,818,258       $ 0.08   
  

 

 

        

 

 

        

 

 

        

 

 

     

 

For the three months ended June 30, 2014 and 2013, options on 62,588 and 177,871 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive. For the six months ended June 30, 2014 and 2013, options on 68,828 and 177,871 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.