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Earnings Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Note K - Earnings Per Share

The following is a reconciliation of the denominators used in the calculation of basic and diluted earnings per share for the years ended December 31:

  
2016
  
2015
  
2014
 
          
Average shares outstanding for basic earnings per share
  
15,071,900
   
15,010,454
   
14,963,959
 
             
Dilutive effect of share equivalents
  
12,108
   
11,308
   
11,935
 
             
Average shares outstanding for diluted earnings per share
  
15,084,008
   
15,021,762
   
14,975,894