Weighted-average common shares outstanding

9,958,115

9,941,596

Average treasury stock shares

(1,879,310

)

(1,850,393

)

Weighted-average common shares and common stock equivalents used to calculate basic earnings per share

8,078,805

8,091,203

Additional common stock equivalents (stock options and restricted stock) used to calculate diluted earnings per share

18,740

5,114

Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share

8,097,545

8,096,317