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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

    

September 30,

2019

    

September 30,

2018

    

September 30,

2019

    

September 30,

2018

    

Income Available to Common Shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

1,486,022

 

$

296,172

 

$

18,550,919

 

$

25,371,379

 

Weighted Average Shares Outstanding

 

 

4,868,133

 

 

5,491,181

 

 

5,053,407

 

 

5,516,989

 

Common Shares Applicable to Stock

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Using the Treasury Stock Method

 

 

 —

 

 

2,186

 

 

811

 

 

31,436

 

Total Shares Applicable to Diluted Earnings Per Share

 

 

4,868,133

 

 

5,493,367

 

 

5,054,218

 

 

5,548,425

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per Share Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

0.36

 

$

0.27

 

$

3.79

 

$

4.88

 

Net Loss from Discontinued Operations (Net of Tax)

 

 

(0.05)

 

 

(0.22)

 

 

(0.12)

 

 

(0.28)

 

Net Income

 

$

 0.31

 

$

 0.05

 

$

 3.67

 

$

 4.60

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

0.36

 

$

0.27

 

$

3.79

 

$

4.85

 

Net Loss from Discontinued Operations (Net of Tax)

 

 

(0.05)

 

 

(0.22)

 

 

(0.12)

 

 

(0.28)

 

Net Income

 

$

 0.31

 

$

 0.05

 

$

 3.67

 

$

 4.57