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Earnings Per Common Share And Share Awards (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31:
 
Three Months Ended March 31,
 
2015
 
2014
Net income attributable to the Company
$
1,726,124

 
$
986,438

Weighted average common shares outstanding – Basic
2,012,738

 
2,037,164

Incremental shares outstanding assuming the exercise of dilutive stock options and SARs (share-settled)
5,766

 
6,595

Weighted average common shares outstanding – Diluted
2,018,504

 
2,043,759

Basic earnings per common share
$
0.86

 
$
0.48

Diluted earnings per common share
$
0.86

 
$
0.48

Summary Of Share-Based Award Transactions
A summary of share-based award transactions for all share-based award plans follows:
 
Number
Of Shares
 
Weighted
Average
Exercise
Price
 
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Outstanding as of January 1, 2014
19,000

 
$
45.74

 
3.43
 
$
669,610

SARs granted
4,500

 
68.70

 
 
 
 

SARs exercised
(1,500
)
 
49.04

 
 
 
 

Options exercised
(1,000
)
 
27.21

 
 
 
 

Options/SARs canceled/forfeited/expired

 

 
 
 
 

Outstanding as of December 31, 2014
21,000

 
$
51.30

 
3.64
 
$
453,510

SARs granted

 

 
 
 
 

SARs exercised
(2,000
)
 
47.88

 
 
 
 

Options exercised
(1,500
)
 
36.79

 
 
 
 

Options/SARs canceled/forfeited/expired

 

 
 
 
 

Outstanding as of March 31, 2015
17,500

 
$
52.94

 
4.05
 
$
369,255

 
 
 
 
 
 
 
 
Exercisable as of March 31, 2015
17,500

 
$
52.94

 
4.05
 
$
369,255