Note 6 - Per Share Amounts

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 6.    Per Share Amounts

Per share information has been computed based on the weighted average number of common shares and dilutive common share equivalents outstanding. The computation for the three-month periods ended March 31, 2022 and 2021 excluded approximately 50,000 and 370,000 of the Company’s stock options because the exercise price of the options was higher than the average market price during the period.

The following table sets forth the computation of basic and diluted earnings per share for the three-month periods ended March 31, 2022 and 2021:

	Three Months Ended March 31,
	2022		2021
Net income attributable to American Shared Hospital Services	$	269,000	$	29,000
Weighted average common shares for basic earnings per share		6,201,000		6,254,000
Diluted effect of stock options and restricted stock awards		98,000		68,000
Weighted average common shares for diluted earnings per share		6,299,000		6,322,000
Basic earnings per share	$	0.04	$	0.00
Diluted earnings per share	$	0.04	$	0.00