XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Computation of Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2017
Earnings Per Share [Abstract] |
Computation of Earnings Per Share | NOTE E – COMPUTATION OF EARNINGS PER SHARE Basic earnings per share were computed by dividing Net income by the weighted-average number of common shares outstanding for each respective period. Diluted earnings per share were calculated by dividing Net income by the weighted-average of all potentially dilutive common stock that was outstanding during the periods presented. The calculation of basic and diluted earnings per share for the three and nine months ended September 30, 2017 and 2016 was as follows:
|  | Three Months Ended September 30 |  |  | Nine Months Ended September 30 |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 6,278 |  |  | $ | 4,742 |  |  | $ | 11,952 |  |  | $ | 10,154 |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Determination of shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding |  |  | 5,104 |  |  |  | 5,146 |  |  |  | 5,113 |  |  |  | 5,180 |
Dilutive effect - share-based awards |  |  | 16 |  |  |  | 23 |  |  |  | 16 |  |  |  | 20 |
Diluted weighted-average common shares outstanding |  |  | 5,120 |  |  |  | 5,169 |  |  |  | 5,129 |  |  |  | 5,200 |
Earnings per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.23 |  |  | $ | 0.92 |  |  | $ | 2.34 |  |  | $ | 1.96 |
Diluted |  | $ | 1.23 |  |  | $ | 0.92 |  |  | $ | 2.33 |  |  | $ | 1.95 |
For the three and nine-month periods ended September 30, 2017, 27,000 and 35,584 stock options, respectively, were excluded from the calculation of diluted earnings per share as the effect would have been anti-dilutive. For the three and nine-month periods ended September 30, 2016, 47,850 and 55,350, respectively, stock options were excluded from the calculation of diluted earnings per share as the effect would have been anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration