6) Earnings Per Share

3 Months Ended

Mar. 31, 2014

Notes

6) Earnings Per Share

6)         Earnings Per Share

The basic and diluted earnings per share amounts were calculated as follows:

		Three Months Ended March 31
		2014	2013
Numerator:
	Net earnings	$ 138,848	$ 2,033,266
Denominator:
	Basic weighted-average shares outstanding	11,786,353	11,613,952
Effect of dilutive securities:
	Employee stock options	440,896	1,044,943
	Diluted weighted-average shares outstanding	12,227,249	12,658,895
Basic net earnings per share		$0.01	$0.18
Diluted net earnings per share		$0.01	$0.16

Net earnings per share amounts have been adjusted for the effect of annual stock dividends. For the three months ended March 31, 2014 and 2013, there were 615,472 and -0- of anti-dilutive employee stock option shares, respectively, that were not included in the computation of diluted net loss per common share as their effect would be anti-dilutive.