3. Earnings per Share

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

3. Earnings per Share

Note 3 - The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2014:

	Three Months Ended March 31, 2014
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	438,755		19,771,765	$	.02
Effect of dilutive securities
Options				1,481,742
Diluted earnings per share
Net income per share with assumed conversions	$	438,755		21,253,507	$	.02

The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2015:

	Three Months Ended March 31, 2015
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	380,094		20,098,087	$	.02
Effect of dilutive securities
Options				1,779,041
Diluted earnings per share
Net income per share with assumed conversions	$	380,094		21,877,128	$	.02