Earnings per Share

12 Months Ended

Dec. 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):

	Years Ended December 31
	2022		2021		2020
Common shares:
Weighted average common shares outstanding during the period – shares used for basic earnings per common share		9,386		9,355		9,580
Common shares issuable under share based payments plans which are potentially dilutive		49		42		29
Common shares used for diluted earnings per common share		9,435		9,397		9,609
Net income attributable to the Company	$	4,565		28,215		12,715
Earnings per common share:
-basic	$	0.49		3.02		1.33

  -diluted $ 0.48 3.00 1.32

For 2022 the Company did not have any outstanding anti-dilutive stock options. For 2021, 6,680 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 2021 the Company repurchased 6,004 shares at an average cost of $43.95. During 2020 the Company repurchased 510,145 shares at an average cost of $41.78.