Common Equity And Earnings Per Share Data

6 Months Ended

Jun. 30, 2020

Common Equity And Earnings Per Share Data [Abstract]

Common Equity And Earnings Per Share Data

6. COMMON EQUITY AND EARNINGS PER SHARE DATA

The common stock per share information is based upon the weighted average number of shares outstanding during each period. For the three and six month periods ended June 30, 2020, the Company had an average of 21,392 and 41,433 dilutive shares outstanding, respectively. The Company had an average of 61,231 and 69,321 dilutive shares outstanding for the three and six month periods ended June 30, 2019.

Potential common shares that would have the effect of increasing diluted earnings per share are considered to be anti-dilutive and not included in calculating diluted earnings per share. For the three and six month periods ended June 30, 2020, there was an average of 136,783 and 81,770 potentially anti-dilutive shares outstanding, respectively, that were not included in calculating diluted earnings per share because their effect was anti-dilutive. For the three and six month periods ended June 30, 2019, there was an average of 86,376 and 87,463 potentially anti-dilutive shares outstanding.