PER SHARE RESULTS

6 Months Ended

Jun. 30, 2020

PER SHARE RESULTS

PER SHARE RESULTS

NOTE B - PER SHARE RESULTS

Basic net income per share is computed based upon the weighted average number of shares of common stock outstanding during the period. Diluted net income per share includes the dilutive effect of stock options outstanding during the period. At June 30, 2020 and 2019 there were 219,120 and 172,120 anti-dilutive stock options outstanding, respectively.

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2020	2019	2020	2019
Weighted average number of common shares used in computing basic net income per share	18,013,863	19,318,358	18,134,607	19,317,029
Effect of dilutive stock options	16,273	41,134	23,385	43,010
Weighted average number of common shares and dilutive potential common shares used in computing diluted net income per share	18,030,136	19,359,492	18,157,992	19,360,039