Earnings Per Common Share

9 Months Ended

Sep. 30, 2021

In accordance with the treasury stock method, the Company has included the following common equivalent shares in the calculation of diluted weighted average number of common shares outstanding for the three and nine months ended September 30, relating to outstanding stock options and restricted stock units:


	2021	2020
Three months ended	336,655	302,932
Nine months ended	333,358	309,044

Outstanding options and restricted stock units to purchase or receive 3,692 shares of common stock for the three month period ended September 30, 2021 have been excluded from the calculation of diluted weighted average number of common and common equivalent shares as such options and restricted stock units would be anti-dilutive. For the three months ended September 30, 2020, there were no-anti-dilutive outstanding options or restricted stock units. Options and restricted stock units to purchase or receive 20,384 and 56,371 for the nine month period ended September 30, 2021 and 2020, respectively, have been excluded from the calculation of diluted weighted average of common and common equivalent shares as such options and restricted stock units would be anti-dilutive.