2012

2011

2010

Net Income

$

1,473,362

$

899,423

$

637,493

Denominator for earnings per share:

Weighted average shares; denominator for basic earnings per share

2,849,066

2,825,921

2,801,210

Effect of dilutive securities; employee and non-employee options

53,837

51,143

-

Dilutive common shares; denominator for diluted earnings per share

2,902,903

2,877,064

2,801,210

Basic earnings (loss) per share

$

.52

$

.32

$

.23

Dilutive earnings (loss) per share

$

.51

$

.31

$

.23