Earnings per Share

3 Months Ended

Jun. 30, 2022

Earnings per common share:

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				Six Months ended
	June 30,				June 30,
	2022		2021		2022		2021
Weighted average common shares outstanding   during the period – shares used for basic   earnings per common share		9,384		9,353		9,375		9,347
Common shares issuable under share based payment plans which are potentially dilutive		40		37		41		38
Common shares used for diluted earnings per common share		9,424		9,390		9,416		9,385
Net income attributable to the Company	$	657		82		1,329		28,455
Earnings per common share:
-basic	$	0.07		0.01		0.14		3.04
-diluted	$	0.07		0.01		0.14		3.03

For the three and six months ended June 30, 2022, the Company did not have any outstanding anti-dilutive stock options. For the three and six months ended June 30, 2021, 6,680 and 19,950 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 first six months of 2021 the Company repurchased 6,004 shares at an average cost of $43.95.