XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 13 - Per Share Calculation | 6 Months Ended
--- | ---
Apr. 30, 2025
Per Share Calculation |
Per Share Calculation |
13. | Per Share Calculation
Basic and diluted earnings per share for the periods presented below were calculated as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | April 30, |  |  | April 30, |
(In thousands, except per share data) |  | 2025 |  |  |  | 2024 |  |  | 2025 |  |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 19,726 |  |  | $ | 50,836 |  |  | $ | 47,917 |  |  | $ | 74,740 |
Less: preferred stock dividends |  |  | (2,669 | ) |  |  | (2,669 | ) |  |  | (5,338 | ) |  |  | (5,338 | )
Less: undistributed earnings allocated to participating securities |  |  | (144 | ) |  |  | (2,193 | ) |  |  | (350 | ) |  |  | (3,214 | )
Numerator for basic earnings per share |  | $ | 16,913 |  |  | $ | 45,974 |  |  | $ | 42,229 |  |  | $ | 66,188 |
Plus: undistributed earnings allocated to participating securities |  |  | 144 |  |  |  | 2,193 |  |  |  | 350 |  |  |  | 3,215 |
Less: undistributed earnings reallocated to participating securities |  |  | (144 | ) |  |  | (2,194 | ) |  |  | (351 | ) |  |  | (3,215 | )
Numerator for diluted earnings per share |  | $ | 16,913 |  |  | $ | 45,973 |  |  | $ | 42,228 |  |  | $ | 66,188 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic earnings per share – weighted average shares outstanding |  |  | 6,411 |  |  |  | 6,457 |  |  |  | 6,464 |  |  |  | 6,477 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock-based payments |  |  | 540 |  |  |  | 445 |  |  |  | 547 |  |  |  | 443 |
Denominator for diluted earnings per share – weighted-average shares outstanding |  |  | 6,951 |  |  |  | 6,902 |  |  |  | 7,011 |  |  |  | 6,920 |
Basic earnings per share |  | $ | 2.64 |  |  | $ | 7.12 |  |  | $ | 6.53 |  |  | $ | 10.22 |
Diluted earnings per share |  | $ | 2.43 |  |  | $ | 6.66 |  |  | $ | 6.02 |  |  | $ | 9.57 |
There were no anti-dilutive shares for the three and six months ended April 30, 2025 and 2024.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration