| SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED |
Basic
earnings per share are calculated using our weighted-average outstanding common shares. Diluted earnings per share (reflecting the effect
of all potentially dilutive securities – which are principally stock options and restricted stock grants) are calculated using
our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.
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 |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net
Income |
|
$ |
1,282,985 |
|
|
$ |
1,274,658 |
|
|
$ |
3,104,722 |
|
|
$ |
3,319,784 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average common shares outstanding |
|
|
11,237,654 |
|
|
|
11,173,819 |
|
|
|
11,226,665 |
|
|
|
11,157,799 |
|
| Unexercised
portion of options and restricted stock awards |
|
|
66,895 |
|
|
|
137,417 |
|
|
|
66,895 |
|
|
|
137,417 |
|
| Diluted outstanding
shares |
|
|
11,304,549 |
|
|
|
11,311,236 |
|
|
|
11,293,560 |
|
|
|
11,295,216 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.11 |
|
|
$ |
0.11 |
|
|
$ |
0.28 |
|
|
$ |
0.30 |
|
| Diluted |
|
$ |
0.11 |
|
|
$ |
0.11 |
|
|
$ |
0.27 |
|
|
$ |
0.29 |
|
|