Earnings per Share

12 Months Ended

Dec. 31, 2017

13. Earnings per Share

Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the financial statements:


	Year Ended December 31,
	2017						2016
	Net Income (In 000’s)		Weighted Average Number of Shares Outstanding		Per Share Amount		Net Income (In 000’s)		Weighted Average Number of Shares Outstanding		Per Share Amount
Basic	$	41,998		2,211,985	$	18.99	$	3,444		2,293,688	$	1.50

Effect of dilutive securities:
Options				750,803						751,563

Diluted (a)	$	41,998		2,962,788	$	14.18	$	3,444		3,045,251	$	1.13