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COMMON STOCK AND EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2019
COMMON STOCK AND EARNINGS PER SHARE  
Schedule of computation of earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

    

June 30,
2019

    

June 30,
2018

    

June 30,
2019

    

June 30,
2018

    

Income Available to Common Shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

10,596,798

 

$

14,162,908

 

$

17,064,897

 

$

25,075,207

 

Weighted Average Shares Outstanding

 

 

4,951,469

 

 

5,529,360

 

 

5,147,580

 

 

5,530,108

 

Common Shares Applicable to Stock

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Using the Treasury Stock Method

 

 

 —

 

 

 —

 

 

 —

 

 

31,683

 

Total Shares Applicable to Diluted Earnings Per Share

 

 

4,951,469

 

 

5,529,360

 

 

5,147,580

 

 

5,561,791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per Share Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

2.17

 

$

2.61

 

$

3.38

 

$

4.59

 

Net Loss from Discontinued Operations (Net of Tax)

 

 

(0.03)

 

 

(0.05)

 

 

(0.06)

 

 

(0.06)

 

Net Income

 

$

 2.14

 

$

 2.56

 

$

 3.32

 

$

 4.53

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

2.17

 

$

2.61

 

$

3.38

 

$

4.57

 

Net Loss from Discontinued Operations (Net of Tax)

 

 

(0.03)

 

 

(0.05)

 

 

(0.06)

 

 

(0.06)

 

Net Income

 

$

 2.14

 

$

 2.56

 

$

 3.32

 

$

 4.51