EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

Income Per Share

EARNINGS PER SHARE

NOTE 3 EARNINGS PER SHARE:  

Basic earnings per share computations are based on the weighted average number of shares outstanding during each period. Dilutive earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued related to outstanding common stock warrants are determined by the Treasury method. There were no anti-dilutive potential common shares for the three months ended March 31, 2019 and 2018. Basic and diluted net income per common share calculations follows:  

(Amounts in Thousands, Except  Share and Per Share Data)		For the three months ended  March 31,
		2019		2018
Net income	$	406	$	80
Weighted average shares outstanding		23,922,086		23,922,086
Dilutive shares		-		-
Weighted average dilutive shares outstanding		23,922,086		23,922,086
Basic and diluted income per share	$	0.02	$	0.00