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Earnings per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Earnings per Share
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,
 
 
  
2021
 
  
2020
 
 
  
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
   $  2,098        1,992,077      $ 1.05      $ (2,316     1,994,425      $ (1.16
                      
 
 
    
 
 
            
 
 
 
Effect of dilutive securities:
                                                    
Options (a)
     —          752,085                         —             
    
 
 
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
 
Diluted
   $ 2,098        2,744,162      $ 0.76      $ (2,316     1,994,425      $ (1.16
    
 
 
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
 
(a)
The effect of the 767,000 outstanding stock options is antidilutive for the year ended December 31, 202
0
, due to net loss for this period.