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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Below is a summary of the earnings per share computations:
 
Years ended December 31,
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Earnings per share – basic
 
$
1.01
 
$
0.46
 
Earnings per share – diluted
 
$
0.90
 
$
0.41
 
Weighted average shares of common stock outstanding – basic
 
 
25,525,786
 
 
24,673,081
 
Weighted average shares of common stock outstanding – diluted
 
 
28,661,735
 
 
27,970,431
 
Schedule of Weighted Average Number of Shares
Below is a summary of the shares included in the diluted earnings per share computations:
 
Years ended December 31,
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding – basic
 
 
25,525,786
 
 
24,673,081
 
10% shares held back pursuant to indemnification clause
 
 
3,039,749
 
 
2,741,454
 
Stock options
 
 
44,716
 
 
555,896
 
Warrants
 
 
51,484
 
 
-
 
Weighted average shares of common stock outstanding – diluted
 
 
28,661,735
 
 
27,970,431