Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.19.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share from continuing operations
The following table sets forth the computation of basic and diluted earnings per share:
 
2018
 
2017
 
2016
Numerator:
 
 
 
 
 
Net income (loss) from continuing operations
$
13,097,429

 
$
1,341,362

 
$
(6,993,967
)
Net loss from discontinued operations, net of income taxes
$
—

 
$
—

 
$
(99,334
)
Denominator:
 

 
 

 
 

Denominator for basic earnings per share - weighted average shares
8,806,079

 
8,704,730

 
8,649,745

Effect of dilutive securities:
 

 
 

 
 

Employee stock options and stock grants
71,530

 
22,757

 
—

Denominator for diluted earnings per share - weighted average shares
8,877,609

 
8,727,487

 
8,649,745

 
 
 
 
 
 
Net earnings (loss) per share from continuing operations:
 

 
 

 
 

Basic
$
1.49

 
$
0.15

 
$
(0.81
)
Diluted
$
1.48

 
$
0.15

 
$
(0.81
)
 
 
 
 
 
 
Net loss per share from discontinued operations:
 
 
 
 
 
Basic
$
—

 
$
—

 
$
(0.01
)
Diluted
$
—

 
$
—

 
$
(0.01
)