| EARNINGS PER SHARE |
NOTE
12 – EARNINGS PER SHARE
SCHEDULE
OF EARNINGS PER SHARE BASIC AND DILUTED
| |
|
Three Months |
|
|
Three Months |
|
|
Nine Months |
|
|
Nine Months |
|
| |
|
Ended |
|
|
Ended |
|
|
Ended |
|
|
Ended |
|
| |
|
July 31 |
|
|
July 31 |
|
|
July 31 |
|
|
July 31 |
|
| Fiscal Period |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
|
$ |
1,768,657 |
|
|
$ |
1,521,086 |
|
|
$ |
3,597,208 |
|
|
$ |
4,857,863 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average common shares outstanding |
|
|
10,858,302 |
|
|
|
10,830,183 |
|
|
|
10,857,724 |
|
|
|
10,786,107 |
|
| Unused portion of options and restricted stock awards |
|
|
516,839 |
|
|
|
512,501 |
|
|
|
516,839 |
|
|
|
512,501 |
|
| Diluted outstanding shares |
|
|
11,375,141 |
|
|
|
11,342,684 |
|
|
|
11,374,563 |
|
|
|
11,298,608 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.16 |
|
|
$ |
0.14 |
|
|
$ |
0.33 |
|
|
$ |
0.45 |
|
| Diluted |
|
$ |
0.16 |
|
|
$ |
0.13 |
|
|
$ |
0.32 |
|
|
$ |
0.43 |
|
|