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EARNINGS PER SHARE | 3 Months Ended
--- | ---
Jan. 31, 2025
NET INCOME PER SHARE: |
EARNINGS PER SHARE | NOTE 13 – EARNINGS PER SHARE Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share (reflecting the effect of all potentially dilutive securities – which are principally stock options and restricted stock grants) are calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method. SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED
|  | Three Months |  |  | Three Months |
|  | Ended |  |  | Ended |
|  | January 31, |  |  | January 31, |
Fiscal Period |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |
Net Income |  | $ | 912,975 |  |  | $ | 629,888 |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  |  | 11,213,989 |  |  |  | 11,125,061 |
Unexercised portion of options and restricted stock awards |  |  | 85,748 |  |  |  | 139,417 |
Diluted outstanding shares |  |  | 11,299,737 |  |  |  | 11,264,478 |
Net income per share |  |  |  |  |  |  |  |
Basic |  | $ | 0.08 |  |  | $ | 0.06 |
Diluted |  | $ | 0.08 |  |  | $ | 0.06 |

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