Earnings per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Earnings per Share

(6) Earnings per Share. The following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):

	Three Months ended
	March 31,
	2019		2018
Weighted average common shares outstanding
during the period – shares used for basic
earnings per common share		9,952		10,015
Common shares issuable under share based
payment plans which are potentially dilutive		44		70
Common shares used for diluted
earnings per common share		9,996		10,085
Income (loss) from continuing operations	$	1,641		(693	)
Discontinued operations	$	86		1,722
Net income attributable to the Company	$	1,898		1,560
Basic earnings per common share:
Income (loss) from continuing operations	$	0.16		(0.07	)
Discontinued operations	$	0.01		0.17
Net income attributable to the Company	$	0.19		0.16
Diluted earnings per common share:
Income (loss) from continuing operations	$	0.16		(0.07	)
Discontinued operations	$	0.01		0.17
Net income attributable to the Company	$	0.19		0.15

For the three months ended March 31, 2019, 22,470 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three months ended March 31, 2018, 17,275 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

During the quarter the Company repurchased 35,932 shares at an average cost of $47.71.