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COMMON STOCK AND EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
COMMON STOCK AND EARNINGS PER SHARE  
Schedule of computation of earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

    

March 31,
2019

    

March 31,
2018

Income Available to Common Shareholders:

 

 

 

 

 

 

Net Income

 

$

6,468,099

 

$

10,912,299

Weighted Average Shares Outstanding

 

 

5,345,870

 

 

5,530,864

Common Shares Applicable to Stock

 

 

 

 

 

 

Options Using the Treasury Stock Method

 

 

 —

 

 

31,036

Total Shares Applicable to Diluted Earnings Per Share

 

 

5,345,870

 

 

5,561,900

 

 

 

 

 

 

 

Per Share Information:

 

 

 

 

 

 

Basic

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

1.24

 

$

1.99

Net Loss from Discontinued Operations (Net of Tax)

 

 

(0.03)

 

 

(0.02)

Net Income

 

$

 1.21

 

$

 1.97

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

1.24

 

$

1.98

Net Loss from Discontinued Operations (Net of Tax)

 

 

(0.03)

 

 

(0.02)

Net Income

 

$

 1.21

 

$

 1.96