Note 3. Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings per share

Reconciliation of basic and diluted weighted average common shares

	First Quarter
	2015	2014
Basic earnings per share:
Weighted average common shares  .......................................................................................................	1,861,572	1,714,785
Diluted earnings per share:
Weighted average common shares  .......................................................................................................	1,861,572	1,714,785
Dilutive effect of stock awards  ...........................................................................................................	2,553	-
Weighted average common and incremental shares  .............................................................................	1,864,125	1,714,785
Number of share-based awards excluded from the calculation of earnings
per share as the awards’ exercise prices were greater than the
average market price of the Company’s common stock or due to the
Company's net loss in 2014 ..........................................................................................................	-	3,584

Summary of outstanding shares

	March 31, 2015	December 31, 2014
Common stock authorized ..............................................................................................................	2,500,000	2,500,000
Common stock issued .....................................................................................................................	2,142,202	2,142,202
Treasury stock held by the Company ............................................................................................	(76,596)	(76,616)
Outstanding shares ..........................................................................................................................	2,065,606	2,065,586
Proportional ownership of the Company's
common stock in The Lion Fund, L.P. .......................................................................................	(207,728)	(197,533)
Net outstanding shares for financial reporting purposes ................................................................	1,857,878	1,868,053