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Earnings Per Share | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 6) Earnings Per Share Earnings per share amounts have been retroactively adjusted for the effect of annual stock dividends. In accordance with GAAP, the basic and diluted earnings per share amounts were calculated as follows: Schedule of Earnings Per Share, Basic and Diluted
|  | Three Months Ended March 31 |
|  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |
Net earnings |  | $ | 1,240,172 |  |  | $ | 3,228,718 |
Denominator: |  |  |  |  |  |  |  |
Basic weighted-average shares outstanding |  |  | 21,080,549 |  |  |  | 21,381,988 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Employee stock options |  |  | 531,486 |  |  |  | 884,485 |
Diluted weighted-average shares outstanding |  |  | 21,612,035 |  |  |  | 22,266,473 |
Basic net earnings per share |  | $ | 0.06 |  |  | $ | 0.15 |
Diluted net earnings per share |  | $ | 0.06 |  |  | $ | 0.15 |
For the three month periods ended March 31, 2023, and 2022, there were 730,270 and nil anti-dilutive employee stock option shares, respectively, that were not included in the computation of diluted net earnings per common share as their effect would be anti-dilutive. Basic and diluted earnings per share amounts are the same for each class of common stock. The following table summarizes the activity in shares of capital stock. Summary of Activities in Shares of Capital Stock
|  | Class A |  |  | Class C |
Outstanding shares at December 31, 2021 |  |  | 17,642,722 |  |  |  | 2,866,565 |
Exercise of stock options |  |  | 50,223 |  |  |  | - |
Conversion of Class C to Class A |  |  | 207 |  |  |  | (207 | )
Outstanding shares at March 31, 2022 |  |  | 17,693,152 |  |  |  | 2,866,358 |
Outstanding shares at December 31, 2022 |  |  | 18,758,031 |  |  |  | 2,889,859 |
Common stock, shares, outstanding, beginning |  |  | 18,758,031 |  |  |  | 2,889,859 |
Exercise of stock options |  |  | 48,046 |  |  |  | - |
Conversion of Class C to Class A |  |  | 936 |  |  |  | (936 | )
Outstanding shares at March 31, 2023 |  |  | 18,807,013 |  |  |  | 2,888,923 |
Common stock, shares, outstanding, ending |  |  | 18,807,013 |  |  |  | 2,888,923 |
SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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