Note 1: Nature of Operations and Summary of Significant Accounting Policies: Earnings Per Share, Policy (Policies)

12 Months Ended

Dec. 31, 2017

Policies

Earnings Per Share, Policy

Earnings Per Common Share

Basic earnings per common share are computed based on the weighted average number of common shares outstanding during each year.  Diluted earnings per common share are computed using the weighted average common shares and all potential dilutive common shares outstanding during the period.

Earnings per common share (EPS) were computed as follows:

	2017	2016	2015
	(In Thousands, Except Per Share Data)
Net income	$             51,564	$             45,342	$             46,502
Net income available to common shareholders	$             51,564	$             45,342	$             45,948
Average common shares outstanding	14,032	13,912	13,818
Average common share stock options outstanding	148	229	182
Average diluted common shares	14,180	14,141	14,000
Earnings per common share – basic	$                 3.67	$                 3.26	$                 3.33
Earnings per common share – diluted	$                 3.64	$                 3.21	$                 3.28

Options outstanding at December 31, 2017, 2016 and 2015, to purchase 253,711, 108,450 and 117,600 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each of the years because the exercise prices of such options were greater than the average market prices of the common stock for the years ended December 31, 2017, 2016 and 2015, respectively.