Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE

v3.26.1
EARNINGS PER SHARE
3 Months Ended
Jan. 31, 2026
NET INCOME PER SHARE:  
EARNINGS PER SHARE

Note 13– EARNINGS PER SHARE

 

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.

 

    Three Months     Three Months  
    Ended     Ended  
    January 31,     January 31,  
Fiscal Period   2026     2025  
Numerator:                
Net Income   $ 930,723     $ 912,975  
                 
Denominator:                
Basic weighted average common shares outstanding     11,270,575       11,213,989  
Unexercised portion of options and restricted stock awards     20,227       85,748  
Diluted outstanding shares     11,290,802       11,299,737  
                 
Net income per share                
                 
Basic   $ 0.08     $ 0.08  
Diluted   $ 0.08     $ 0.08