Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Details of Computation of Earnings per Common Share, Basic and Diluted

The following table details the computation of earnings per common share, basic and diluted:

	For the Three Months Ended         June 30,				For the Six Months Ended         June 30,
	2016		2015		2016		2015
Numerator for basic per share calculation:
Income from continuing operations for basic calculation	$	940,836	$	2,928,125	$	2,544,961	$	4,221,495
Income from discontinued operations, net of income tax expense		—		1,138,434		—		1,067,080
Net income for basic calculation	$	940,836	$	4,066,559	$	2,544,961	$	5,288,575
Numerator for diluted per share calculation:
Income from continuing operations	$	940,836	$	2,928,125	$	2,544,961	$	4,221,495
Adjustments to income from continuing operations for the impact of dilutive securities		—		—		—		—
Income from continuing operations for dilution calculation		940,836		2,928,125		2,544,961		4,221,495
Income from discontinued operations, net of income tax expense		—		1,138,434		—		1,067,080
Net income for dilution calculation	$	940,836	$	4,066,559	$	2,544,961	$	5,288,575
Denominator:
Weighted average common shares – basic		11,321,711		11,228,905		11,302,731		11,209,900
Effect of dilutive securities:
RSUs		142,094		125,413		146,490		134,028
Stock options		317,066		335,565		312,989		340,929
Weighted average common shares – diluted		11,780,871		11,689,883		11,762,210		11,684,857
Per common share amounts – basic:
Income from continuing operations	$	0.08	$	0.26	$	0.23	$	0.38
Income from discontinued operations		—		0.10		—		0.09
Net income	$	0.08	$	0.36	$	0.23	$	0.47
Per common share amounts – diluted:
Income from continuing operations	$	0.08	$	0.25	$	0.22	$	0.36
Income from discontinued operations		—		0.10		—		0.09
Net income	$	0.08	$	0.35	$	0.22	$	0.45