Three Months Ended

Nine Months Ended

July 31,

2021

2020

2021

2020

(in thousands, except per share amounts)

Basic

Diluted

Basic

Diluted

Basic

Diluted

Basic

Diluted

Net income (loss)

$

1,568

$

1,568

$

2,162

$

2,162

$

4,668

$

4,668

$

(2,658)

$

(2,658)

Undistributed earnings (loss) allocated to participating shares

(17)

(23)

(51)

28

Net income (loss) applicable to common shareholders

$

1,551

$

1,551

$

2,139

$

2,139

$

4,617

$

4,617

$

(2,630)

$

(2,630)

Weighted average shares outstanding

6,601

6,595

6,591

6,705

Stock options and contingently issuable securities

—

17

—

9

—

14

—

6,601

6,618

6,595

6,604

6,591

6,605

6,705

Income (loss) per share

$

0.23

$

0.23

$

0.32

$

0.32

$

0.70

$

0.70

$

(0.39)

$

(0.39)