Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Basic and Diluted Shares of Consolidated Condensed Statements of Income

The following summarizes the Common Stock included in the basic and diluted shares, as disclosed on the face of the consolidated condensed statements of income:

	Three Months Ended March 31,
	2019		2018
Weighted average number of shares for calculation of basic EPS		33,573,411		36,766,411
Stock options, restricted stock awards and restricted stock units under equity incentive plans		159,924		106,996
Weighted average number of shares for calculation of diluted EPS		33,733,335		36,873,407

Common Stock Issuable upon Exercise of Certain Stock Options

The following table represents Common Stock issuable upon the exercise of certain stock options that have been excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive.

	Three Months Ended March 31,
	2019		2018
Stock options under equity incentive plans		396,500		1,914,150