Earnings Per Common Share |
NOTE 13 – EARNINGS PER COMMON SHARE
|
|
Three Months |
|
|
Three Months |
|
|
Nine Months |
|
|
Nine Months |
|
|
|
Ended |
|
|
Ended |
|
|
Ended |
|
|
Ended |
|
|
|
July 31, |
|
|
July 31, |
|
|
July 31, |
|
|
July 31, |
|
Fiscal Period |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
Numerator: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income |
|
$ |
1,022,753 |
|
|
$ |
1,775,687 |
|
|
$ |
2,104,446 |
|
|
$ |
4,988,194 |
|
|
|
|
|
|
|
|
|
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|
|
|
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|
|
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|
Denominator: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic weighted average common shares outstanding |
|
|
10,739,354 |
|
|
|
10,679,876 |
|
|
|
10,727,705 |
|
|
|
10,670,642 |
|
Options issued |
|
|
552,000 |
|
|
|
- |
|
|
|
552,000 |
|
|
|
- |
|
Diluted outstanding shares |
|
|
11,291,354 |
|
|
|
10,679,876 |
|
|
|
11,279,705 |
|
|
|
10,670,642 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings from continuing operations |
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
0.10 |
|
|
$ |
0.17 |
|
|
$ |
0.20 |
|
|
$ |
0.47 |
|
Diluted |
|
$ |
0.09 |
|
|
$ |
0.17 |
|
|
$ |
0.19 |
|
|
$ |
0.47 |
|
|