Basic and Diluted Average Shares

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Basic and Diluted Average Shares

(12)  Basic and Diluted Average Shares

A reconciliation of basic and diluted weighted average common shares for the three months and six months ended June 30, 2019 and 2018 is as follows:

	For the Three Months Ended
	June 30,
	2019		2018
Basic weighted average shares		26,924,381		26,924,381
Effect of potential dilutive securities		-		166,917
Diluted weighted average shares		26,924,381		27,091,298

	For the Six Months Ended
	June 30,
	2019		2018
Basic weighted average shares		26,924,381		26,924,381
Effect of potential dilutive securities		-		243,239
Diluted weighted average shares		26,924,381		27,167,620

 For the three and six months ended June 30, 2019, there were approximately 15,000 stock options excluded from the earnings per share calculation because their impact is antidilutive. For the three and six months ended June 30, 2018 there were 1,015,000 of common share option, warrants and Restricted Stock Units (RSU’s) unexercised respectively.