Earnings Per Common Share And Share Awards (Tables)

3 Months Ended

Mar. 31, 2018

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



	Three Months Ended March 31,
(in thousands, except per share amounts)	2018		2017
Net income attributable to the Company	$	4,176	$	4,476
Weighted average common shares outstanding – Basic	1,886		1,886
Incremental shares outstanding assuming the exercise of dilutive SARs (share-settled)	11		9
Weighted average common shares outstanding – Diluted	1,897		1,895
Basic earnings per common share	$	2.21	$	2.37
Diluted earnings per common share	$	2.20	$	2.36

A summary of share-based award transactions for all share-based award plans follows:



(in thousands, except weighted average exercise price and average remaining contractual term)	Number Of Shares		Weighted Average Exercise Price		Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding as of January 1, 2017	25		$	3.85	3.85	$	837
SARs granted	4		93.87
SARs exercised	(4	)	32.00
Outstanding as of December 31, 2017	25		$	65.85	3.85	$	837
SARs granted	—		—
SARs exercised	(1	)	41.50
Outstanding as of March 31, 2018	24		$	95.56	3.88	$	2,504

Exercisable as of March 31, 2018	24		$	95.56	3.88	$	2,504

Unvested as of March 31, 2018	—		$	—	0.00	$	—