Common Equity And Earnings Per Share Data

3 Months Ended

Mar. 31, 2024

Common Equity And Earnings Per Share Data [Abstract]

Common Equity And Earnings Per Share Data

4. COMMON EQUITY AND EARNINGS PER SHARE DATA

The common stock per share information is based upon the weighted average number of shares outstanding during each period. For the three month periods ended March 31, 2024 and 2023 the Company had an average of 11,484 and 31,438 dilutive shares outstanding, respectively.

Potential common shares that would have the effect of increasing diluted earnings per share are considered to be anti-dilutive and not included in calculating diluted earnings per share. For the three month periods ended March 31, 2024 and 2023, there was an average of 78,080 and 53,910 potentially anti-dilutive shares outstanding, respectively. Potentially anti-dilutive shares outstanding were not included in calculating diluted earnings per share because their effect was anti-dilutive.