XML 27 R17.htm IDEA: XBRL DOCUMENT v3.22.2.2
Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Earnings Per Share
The computation of basic net income per share is based on the weighted average number of common stock outstanding for the three and nine months ended September 30, 2022 and 2021. Diluted net income per share gives effect to restricted stock awards.

The following table summarizes the calculation of basic and diluted income per share:

Three Months EndedNine Months Ended
September 30, 2022September 30, 2021September 30, 2022September 30, 2021
Net income$18,788,414 $26,995,231 $63,988,812 $52,076,677 
Weighted Average Shares - Basic44,415,575 44,004,980 44,386,628 43,994,726 
Dilutive effect of restricted stock awards224,703 922,476 237,600 709,577 
Weighted Average Shares - Diluted44,640,278 44,927,456 44,624,228 44,704,303 
Basic net income per share$0.42 $0.61 $1.44 $1.18 
Diluted net income per share$0.42 $0.60 $1.43 $1.16