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Earnings Per Common Share And Share Awards (Tables)
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31:
 
Three Months Ended March 31,
 
2016
 
2015
Net income attributable to the Company
$
1,814,040

 
$
1,726,124

Weighted average common shares outstanding – Basic
1,934,318

 
2,012,738

Incremental shares outstanding assuming the exercise of dilutive stock options and SARs (share-settled)
6,645

 
5,766

Weighted average common shares outstanding – Diluted
1,940,963

 
2,018,504

Basic earnings per common share
$
0.94

 
$
0.86

Diluted earnings per common share
$
0.93

 
$
0.86
Summary Of Share-Based Award Transactions
A summary of share-based award transactions for all share-based award plans follows:
 
Number
Of Shares
 
Weighted
Average
Exercise Price
 
Average Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Outstanding as of January 1, 2015
21,000

 
$
51.30

 
3.64
 
$
453,510

SARs granted
4,500

 
73.00

 
 
 
 

SARs exercised
(2,000
)
 
47.88

 
 
 
 

Options exercised
(1,500
)
 
36.79

 
 
 
 

Outstanding as of December 31, 2015
22,000

 
$
57.04

 
3.93
 
$
945,055

SARs granted
—

 
—

 
 
 
 

SARs exercised
(2,000
)
 
32.00

 
 
 
 

Outstanding as of March 31, 2016
20,000

 
$
59.55

 
4.03
 
$
630,455

 
 
 
 
 
 
 
 
Exercisable as of March 31, 2016
20,000

 
$
59.55

 
4.03
 
$
630,455