| Earnings Per Common Share |
NOTE 12 – EARNINGS PER COMMON SHARE
| |
|
Three Months |
|
|
Three Months |
|
|
Nine Months |
|
|
Nine Months |
|
| |
|
Ended |
|
|
Ended |
|
|
Ended |
|
|
Ended |
|
| Fiscal Period |
|
July 31 2018 |
|
|
July 31 2017 |
|
|
July 31 2018 |
|
|
July 31 2017 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (Loss) Income |
|
$ |
1,997,610 |
|
|
$ |
1,124,802 |
|
|
$ |
1,752,346 |
|
|
$ |
3,971,728 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average common shares outstanding |
|
|
10,415,416 |
|
|
|
9,110,674 |
|
|
|
9,976,917 |
|
|
|
9,104,890 |
|
| Conversion of Series C Preferred Stock |
|
|
200,000 |
|
|
|
200,000 |
|
|
|
200,000 |
|
|
|
200,000 |
|
| Diluted outstanding shares |
|
|
10,615,416 |
|
|
|
9,310,674 |
|
|
|
10,176,917 |
|
|
|
9,304,890 |
|
| Earnings from continuing operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.19 |
|
|
$ |
0.12 |
|
|
$ |
0.18 |
|
|
$ |
0.44 |
|
| Diluted |
|
$ |
0.19 |
|
|
$ |
0.12 |
|
|
$ |
0.17 |
|
|
$ |
0.43 |
|
|