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Earnings Per Share

9 Months Ended

Sep. 30, 2019

18.	Earnings Per Share

Basic earnings per common share is computed using the weighted average number of shares outstanding during the period and income available to shareholders.

Diluted earnings per share (“EPS”) is computed similar to basic EPS, except the weighted average number of shares outstanding is increased to include the dilutive effects of outstanding stock options and other stock-based awards. There were no dilutive securities outstanding for the three and nine months ended September 28, 2018 and September 30, 2019.

The weighted average number of shares used to compute basic and diluted EPS were:

	Three Months Ended				Nine Months Ended
	September 28, 2018		September 30, 2019		September 28, 2018		September 30, 2019
Basic weighted average number of shares outstanding		79,185,527		99,434,877		80,702,032		89,977,493
Dilutive common share equivalents		-		-		-		-
Diluted weighted average number of shares outstanding		79,185,527		99,434,877		80,702,032		89,977,493