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

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

    

December 31,
2019

    

December 31,
2018

    

December 31,
2017

Income Available to Common Shareholders:

 

 

 

 

 

 

 

 

 

Net Income

 

$

114,972,858

 

$

37,167,790

 

$

41,719,424

Weighted Average Shares Outstanding

 

 

4,991,656

 

 

5,495,792

 

 

5,538,859

Common Shares Applicable to Stock

 

 

 

 

 

 

 

 

 

Options Using the Treasury Stock Method

 

 

6,387

 

 

33,529

 

 

40,933

Total Shares Applicable to Diluted Earnings Per Share

 

 

4,998,043

 

 

5,529,321

 

 

5,579,792

 

 

 

 

 

 

 

 

 

 

Per Share Information:

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

3.32

 

$

2.72

 

$

3.92

Net Loss from Discontinued Operations (Net of Tax)

 

 

19.71

 

 

4.04

 

 

3.61

Net Income

 

$

23.03

 

$

 6.76

 

$

7.53

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

Net Income from Continuing Operations

 

$

3.32

 

$

2.71

 

$

3.90

Net Loss from Discontinued Operations (Net of Tax)

 

 

19.68

 

 

4.01

 

 

3.58

Net Income

 

$

23.00

 

$

6.72

 

$

7.48