Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share (Tables)

v3.7.0.1
Earnings Per Common Share (Tables)
9 Months Ended
Jul. 31, 2017
NET INCOME PER SHARE:  
Schedule of Earnings Per Share Basic and Diluted

Three Months     Three Months     Nine Months     Nine Months    
    Ended     Ended     Ended     Ended  
Fiscal Period   July 31,2017     July 31 2016     July 31, 2017     July 31, 2016  
Numerator:                                
Net Income   $ 1,124,802     $ 1,100,860     $ 3,971,728     $ 2,972,914  
                                 
Denominator:                                
Basic weighted average common
 shares outstanding
    9,110,674       6,741,330       9,104,890       6,741,330  
Conversion of Series C Preferred
Stock
    200,000       2,200,000       200,000       2,200,000  
Diluted outstanding shares     9,310,674       8,941,330       9,304,890       8,941,330  
Earnings from continuing operations                                
                                 
Basic   $ 0.12     $ 0.16     $ 0.44     $ 0.44  
Diluted   $ 0.12     $ 0.12     $ 0.43     $ 0.33