Per Share Data

3 Months Ended

Mar. 31, 2024

There are no convertible securities which would affect the denominator in calculating basic and dilutive earnings per share. There were a total of 1,097,000 stock options, with an average exercise price of $25.13, outstanding on March 31, 2024. These options were excluded, on a weighted average basis, in the computation of diluted earnings per share for the period due to the average market price of common shares of $20.20 for the period being less than the strike price. A portion of these options were included, on a weighted average basis, in the computation of diluted earnings per share for the period due to the average market price of common shares of $25.96 for the quarter being greater than the strike price for the period ending March 31, 2023.


	Three Months Ended March 31,
	2024	2023
Weighted average common shares issued	8,022,745	7,568,622
Weighted average treasury stock shares	(510,225)	(510,225)
Weighted average common shares outstanding - basic	7,512,520	7,058,397
Dilutive effect of outstanding stock options	—	275,800
Weighted average common shares outstanding - diluted	7,512,520	7,334,197