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Note 13 - Per Share Calculation - Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Net income $ 18,716 $ 24,808
Less: preferred stock dividends (2,669) (2,669)
Less: undistributed earnings allocated to participating securities (1,403) (2,189)
Numerator for basic earnings per share 14,644 19,950
Plus: undistributed earnings allocated to participating securities 1,403 2,189
Less: undistributed earnings reallocated to participating securities (1,403) (2,189)
Numerator for diluted earnings per share $ 14,644 $ 19,950
Denominator for basic earnings per share – weighted average shares outstanding (in shares) 6,186 6,389
Stock-based payments (in shares) 282 112
Denominator for diluted earnings per share – weighted-average shares outstanding (in shares) 6,468 6,501
Net income per common share (in dollars per share) $ 2.37 $ 3.12
Diluted earnings per share (in dollars per share) $ 2.26 $ 3.07