Quarterly report pursuant to Section 13 or 15(d)

BASIC AND DILUTED EARNINGS PER SHARE (Tables)

v3.19.2
BASIC AND DILUTED EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table is a reconciliation of the numerator and denominators used in the earnings per share calculation:

For the Three Months Ended June 30, 
2019 2018
Income (Numerator)  Weighted Average Shares (Denominator)  Per-Share
Amount 
Income (Numerator)  Weighted Average Shares (Denominator)  Per-Share
Amount 
Basic EPS
Net income available to common stockholders $ 985,504  47,348,137  $ 0.02  $ 1,714,267  48,266,199  $ 0.04 
Effect of Dilutive Securities
Stock options & RSUs —  776,071  —  829,376 
Diluted EPS
Net income available to common stockholders + assumed conversions $ 985,504  48,124,208  $ 0.02  $ 1,714,267  49,095,575  $ 0.03