EARNINGS PER SHARE |
NOTE
12 – EARNINGS PER SHARE
SCHEDULE
OF EARNINGS PER SHARE BASIC AND DILUTED
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Three Months |
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Three Months |
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Six Months |
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Six Months |
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Ended |
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Ended |
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Ended |
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Ended |
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Fiscal Period |
|
April 30, 2023 |
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|
April 30, 2022 |
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|
April 30, 2023 |
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April 30, 2022 |
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Numerator: |
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Net Income |
|
$ |
1,008,477 |
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|
$ |
611,303 |
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|
$ |
2,406,334 |
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|
$ |
1,828,551 |
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Denominator: |
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Basic weighted average common shares outstanding |
|
|
11,010,077 |
|
|
|
10,857,673 |
|
|
|
10,970,806 |
|
|
|
10,857,429 |
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Unused portion of options and restricted stock awards |
|
|
320,677 |
|
|
|
547,834 |
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|
|
320,677 |
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|
|
547,834 |
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Diluted outstanding shares |
|
|
11,330,754 |
|
|
|
11,405,507 |
|
|
|
11,291,483 |
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|
|
11,405,263 |
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Net income per share |
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Basic |
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$ |
0.09 |
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$ |
0.06 |
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$ |
0.22 |
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$ |
0.17 |
|
Diluted |
|
$ |
0.09 |
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|
$ |
0.05 |
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$ |
0.21 |
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$ |
0.16 |
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