Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.8.0.1
Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings per share
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 

 
 

 
 
 
 
Net income available to common stockholders for basic and diluted net income per common share
$
275,722

 
$
193,901

 
$
684,904

 
$
541,306

Denominator:
 

 
 

 
 

 
 
Weighted average common shares outstanding for basic net income per common share
4,618,368

 
4,870,281

 
4,660,041

 
4,957,820

Weighted average impact of dilutive equity instruments
86,203

 
49,548

 
74,800

 
47,313

Weighted average shares for diluted net income per common share
4,704,571

 
4,919,829

 
4,734,841

 
5,005,133

Net income per common share:
 

 
 

 
 

 
 
Basic
$
0.06

 
$
0.04

 
$
0.15

 
$
0.11

Diluted
$
0.06

 
$
0.04

 
$
0.14

 
$
0.11