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EARNINGS (LOSS) PER SHARE
3 Months Ended
Jan. 31, 2025
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

5.    EARNINGS (LOSS) PER SHARE

Per share results have been computed based on the average number of common shares outstanding over the period in question.  The computation of basic and diluted net income (loss) per share is determined using net income (loss) applicable to common shareholders as the numerator and the number of shares outstanding as the denominator as follows (in thousands, except per share amounts):

Three Months Ended

January 31, 

2025

2024

    

Basic

    

Diluted

    

Basic

    

Diluted

Net (loss) income

$

(4,320)

$

(4,320)

$

(1,648)

$

(1,648)

Undistributed earnings allocated to participating shares

 

 

 

 

Net (loss) income applicable to common shareholders

$

(4,320)

$

(4,320)

$

(1,648)

$

(1,648)

Weighted average shares outstanding

 

6,459

 

6,459

 

6,483

 

6,483

Stock options and contingently issuable securities

 

 

 

 

 

6,459

 

6,459

 

6,483

 

6,483

(Loss) income per share

$

(0.67)

$

(0.67)

$

(0.25)

$

(0.25)