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Earnings per share
6 Months Ended
Jun. 30, 2015
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, 2015      June 30, 2014      June 30, 2015      June 30, 2014  
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
 

Basic earnings per share

     4,802,032       $ 0.06         4,818,733       $ 0.05         4,805,922       $ 0.14         4,818,311       $ 0.15   

Effect of dilutive securities:

                       

Stock options

     17,290            18,050            13,565            14,105      
  

 

 

       

 

 

       

 

 

       

 

 

    

Diluted earnings per share

     4,819,322       $ 0.06         4,836,783       $ 0.05         4,819,487       $ 0.14         4,832,416       $ 0.15   
  

 

 

       

 

 

       

 

 

       

 

 

    

For the three months ended June 30, 2015 and 2014, options on 54,733 and 62,588 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive. For the six months ended June 30, 2015 and 2014, options of 68,473 and 68,828 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.