Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.22.2.2
EARNINGS PER SHARE
9 Months Ended
Jul. 31, 2022
NET INCOME PER SHARE:  
EARNINGS PER SHARE

NOTE 12 – EARNINGS PER SHARE

 

    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