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Income Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Income Per Share

16. Income Per Share

 

The Company presents both basic and diluted income per share on the face of its consolidated statements of income. Basic and diluted income per share are calculated as follows:

 

    2019     2018  
             
Net income (loss) attributable to controlling interest   $ 1,912,392     $ 2,490,268  
Weighted average common shares outstanding:                
Basic     11,945,636       11,485,580  
Diluted     12,085,798       11,816,054  
Net income (loss) per common share attributable to controlling interest:                
Basic and diluted   $ 0.16     $ 0.21  

 

Certain stock options whose terms and conditions are described in Note 17, “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.

 

    2019     2018  
                 
Anti-dilutive options     172,000       261,000