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Basic and Diluted Average Shares

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Basic and Diluted Average Shares

(5) Basic and Diluted Average Shares

A reconciliation of basic and diluted weighted average common shares for the three months ended March 31, 2018 and 2017 is as follows:

		For the Three Months Ended March 31,
		2018				2017
Basic weighted average shares			26,924,381				26,905,631
Effect of potential dilutive securities			309,599				511,278
Diluted weighted average shares			27,233,980				27,416,909

For the three months ended March 31, 2018 and 2017 there were 1,015,500 and 1,148,250 common share options, warrants, and Restricted Stock Units (RSU’s) unexercised respectively.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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