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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share Tables  
Basic and diluted earnings per share calculation data

 

The following table represents the reconciliation of the Company's basic earnings (loss) per share and diluted earnings (loss) per share computations reported on the Consolidated Statements of Operations for the three and six months ended June 30, 2016 and 2015:

   Three Months Ended  Six Months Ended
   June 30  June 30
   2016  2015  2016  2015
 Basic Earnings (Loss) Per Share            
Net income (loss)  $151,030   $112,381   $(47,957)  $(284,404)
                     
Weighted average shares outstanding   5,307,133    5,339,392    5,308,255    5,340,270 
                     
     Basic earnings (loss) per share  $0.03   $0.02   $(0.01)  $(0.05)
                     
Diluted Earnings (Loss) Per Share                    
Net income (loss)  $151,030   $112,381   $(47,957)  $(284,404)
                     
Weighted average shares outstanding   5,307,133    5,339,392    5,308,255    5,340,270 
Effect of dilutive securities   1,368    3,552    —      —   
Diluted shares outstanding   5,308,501    5,342,944    5,308,255    5,340,270 
                     
     Diluted earnings (loss) per share  $0.03   $0.02   $(0.01)  $(0.05