Net Income Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Schedule Of Weighted Average Shares Outstanding Basic And Diluted

Diluted net income per share has been computed by dividing net income by the diluted number of weighted average shares outstanding using the treasury stock method. The share effect is as follows:


	For the Years Ended December 31,
	2021	2020	2019
Weighted average shares outstanding:
Common shares	15,727,140	17,544,837	18,614,719
Vested restricted stock units	358,683	314,098	285,537
Basic number of weighted average shares outstanding	16,085,823	17,858,935	18,900,256
Dilutive effect of restricted stock, restricted stock units and stock options	14,729	76,844	76,304
Dilutive number of weighted average shares outstanding	16,100,552	17,935,779	18,976,560

For the year ended December 31, 2021, there were 349,222 stock options outstanding that were excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive. For the year ended December 31, 2021, there were no shares of restricted stock or restricted stock units outstanding that were excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive. For the years ended December 31, 2020 and 2019, there were no stock options, shares of restricted stock, or restricted stock units outstanding that were excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive.