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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2015
Weighted Average Number of Shares Used in Computing 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 nine months ended  
     September 30, 2015      September 30, 2014      September 30, 2015      September 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

     4,780,649       $ 0.06         4,818,733       $ 0.11         4,797,405       $ 0.20         4,818,454       $ 0.26   

Effect of dilutive securities:

                       

Stock options

     15,359            9,552            13,724            12,601      
  

 

 

       

 

 

       

 

 

       

 

 

    

Diluted earnings per share

     4,796,008       $ 0.06         4,828,285       $ 0.11         4,811,129       $ 0.20         4,831,055       $ 0.26