Income Per Share

12 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Income Per Share

12.       Income Per Share

We present both basic and diluted income per share on the face of our consolidated statements of income. Basic and diluted income per share are calculated as follows:

	2017		2016
Net income (loss)	$	1,754,741	$	1,793,334
Weighted average common shares outstanding:
Basic		11,485,580		11,464,270
Diluted		11,725,482		11,635,136
Net income (loss) per common share:
Basic	$	0.15	$	0.16
Diluted	$	0.15	$	0.15

Certain stock options whose terms and conditions are described in Note 13, “Stock Options” could potentially dilute basic EPS in the future, but were not included in the computation of diluted EPS because to do so would have been anti-dilutive. Those anti-dilutive options are as follows.

	2017	2016
Anti-dilutive options	nil	72,000

There were no preferred shares issued and outstanding during the years ended December 31, 2017 or 2016.