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Earnings per share
3 Months Ended
Mar. 31, 2016
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  
     March 31, 2016      March 31, 2015  
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
 

Basic earnings per share

     4,774,856       $ 0.11         4,809,856       $ 0.08   

Effect of dilutive securities:

           

Stock options

     16,283            11,283      
  

 

 

       

 

 

    

Diluted earnings per share

     4,791,139       $ 0.11         4,821,139       $ 0.08   
  

 

 

       

 

 

    

For the three months ended March 31, 2016 and 2015, options on 68,473 and 76,207 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.