Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.7.0.1
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings per share
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 

 
 

 
 
 
 
Net income available to common stockholders for basic and diluted net income per common share
$
202,109

 
$
174,965

 
$
409,182

 
$
347,405

Denominator:
 

 
 

 
 

 
 
Weighted average common shares outstanding for basic net income per common share
4,652,426

 
4,938,820

 
4,681,223

 
5,002,070

Weighted average impact of dilutive equity instruments
83,166

 
49,427

 
78,518

 
47,501

Weighted average shares for diluted net income per common share
4,735,592

 
4,988,247

 
4,759,741

 
5,049,571

Net income per common share:
 

 
 

 
 

 
 
Basic
$
0.04

 
$
0.04

 
$
0.09

 
$
0.07

Diluted
$
0.04

 
$
0.04

 
$
0.09

 
$
0.07