Earnings per Share

3 Months Ended

Mar. 31, 2022

Earnings per common share:

Earnings per Share

(6) Earnings per Share.

The following details the computations of the Basic and diluted earnings per common share (in thousands, except per share amounts):

	Three Months ended
	March 31,
	2022		2021
Weighted average common shares outstanding during the period – shares used for basic  earnings per common share		9,366		9,341
Common shares issuable under share based  payment plans which are potentially dilutive		51		35
Common shares used for diluted  earnings per common share		9,417		9,376

Net income attributable to the Company	$	672	28,373
Earnings per common share:
-basic	$	.07	3.04
-diluted	$	.07	3.03

For the three months ended March 31, 2022, 51,083 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three months ended March 31, 2021, 19,950 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

During the first three months of 2021 the Company repurchased 6,004 shares at an average cost of $43.95.