2016

2015

2014

Numerator:

Net earnings

$ 14,279,504

$ 13,478,857

$ 8,024,233

Denominator:

Denominator for basic earnings

per share-weighted-average shares

14,806,290

14,439,274

13,893,260

Effect of dilutive securities

Employee stock options

320,914

512,559

451,215

Dilutive potential common shares

320,914

512,559

451,215

Denominator for diluted earnings

per share-adjusted weighted-average

shares and assumed conversions

15,127,204

14,951,833

14,344,475

Basic earnings per share

$0.96

$0.93

$0.58

Diluted earnings per share

$0.94

$0.90

$0.56