XML 20 R7.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per common share:
 
Three months ended March 31,
 
2016
 
2015
Numerator:
 
 
 
Net income
$
1,368

 
$
1,272

Denominator:
 
 
 
Basic weighted average shares outstanding
9,196,522

 
9,100,107

Dilutive common stock equivalents using treasury stock method
316,918

 
408,372

Diluted weighted average shares outstanding
9,513,440

 
9,508,479

 
 
 
 
Basic earnings per common share
$
0.15

 
$
0.14

Diluted earnings per common share
$
0.14

 
$
0.13

 
 
 
 
Weighted average options outstanding
1,000,571

 
1,037,137

Anti-dilutive options not included in the computations
289,623

 
268,709