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Income Per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Income Per Share

15. 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:

 

    2020     2019  
             
Net income attributable to controlling interest   $ 2,977,050     $ 1,912,392  
Weighted average common shares outstanding:                
Basic     12,240,641       11,945,636  
Diluted     12,302,552       12,085,798  
Net income per common share attributable to controlling interest:                
Basic and diluted   $ 0.24     $ 0.16  

 

Certain stock options whose terms and conditions are described in Note 15, “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.

 

    2020     2019  
                 
Anti-dilutive options     507,000       172,000  

 

There were no preferred shares issued and outstanding during the years ended December 31, 2020 or 2019.