Earnings Per Common Share (EPS)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Common Share (EPS)

The computations of basic and diluted earnings per share were as follows for the periods presented below:

	THREE MONTHS ENDED
	MARCH 31,
	2020		2019
	(Unaudited)
Basic Earnings Per Share Computation:
Net income	$	483,888	$	384,101
Weighted average number of common shares		83,840,079		83,812,448
Basic Earnings Per Share	$	0.01	$	0.00
Diluted Earnings Per Share Computation:
Net income	$	483,888	$	384,101
Weighted average number of common shares		83,840,079		83,812,448
Incremental shares from assumed conversions
of stock options		587,986		2,222
Adjusted weighted average number of
common shares		84,428,065		83,814,670
Diluted Earnings Per Share	$	0.01	$	0.00