Earnings Per Share

12 Months Ended

Dec. 31, 2020

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):

	Years Ended December 31
	2020		2019		2018
Common shares:
Weighted average common shares
outstanding during the period -
shares used for basic earnings
per common share		9,580		9,883		10,040
Common shares issuable under share
based payment plans which are
potentially dilutive		29		43		65
Common shares used for diluted
earnings per common share		9,609		9,926		10,105
Income from continuing operations	$	11,722		8,822		959
Discontinued operations	$	—		6,856		122,129
Net income attributable to the Company	$	12,715		16,177		124,472
Basic earnings per common share:
Income from continuing operations	$	1.22		0.89		0.10
Discontinued operations	$	—		0.69		12.16
Net income attributable to the Company	$	1.33		1.64		12.40
Diluted earnings per common share
Income from continuing operations	$	1.22		0.89		0.09
Discontinued operations	$	—		0.69		12.09
Net income attributable to the Company	$	1.32		1.63		12.32

For 2020 and 2019, 53,545 and 19,950 shares, respectively, attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

During 2020 the Company repurchased 510,145 shares at an average cost of $41.78. During 2019 the Company repurchased 169,251 shares at an average cost of $48.51. During 2018 the Company repurchased 121,817 shares at an average cost of $47.06.