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Earnings per share (Tables)
3 Months Ended
Mar. 31, 2017
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  
     March 31, 2017      March 31, 2016  
     Average      Per share      Average      Per share  
     Shares      Amount      Shares      Amount  

Basic earnings per share

     4,776,800      $ (0.04      4,774,856      $ 0.11  

Effect of dilutive securities:

           

Stock options

     —             16,283     
  

 

 

       

 

 

    

Diluted earnings per share

     4,776,800      $ (0.04      4,791,139      $ 0.11