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EARNINGS PER SHARE | 9 Months Ended
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Jul. 31, 2025
NET INCOME PER SHARE: |
EARNINGS PER SHARE | NOTE 13 – EARNINGS PER SHARE Basic earnings per share are 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 |  |  | Nine Months |  |  | Nine Months |
|  | Ended |  |  | Ended |  |  | Ended |  |  | Ended |
|  | July 31, |  |  | July 31, |  |  | July 31, |  |  | July 31, |
Fiscal Period |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Income |  | $ | 1,282,985 |  |  | $ | 1,274,658 |  |  | $ | 3,104,722 |  |  | $ | 3,319,784 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  |  | 11,237,654 |  |  |  | 11,173,819 |  |  |  | 11,226,665 |  |  |  | 11,157,799 |
Unexercised portion of options and restricted stock awards |  |  | 66,895 |  |  |  | 137,417 |  |  |  | 66,895 |  |  |  | 137,417 |
Diluted outstanding shares |  |  | 11,304,549 |  |  |  | 11,311,236 |  |  |  | 11,293,560 |  |  |  | 11,295,216 |
Net income per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.11 |  |  | $ | 0.11 |  |  | $ | 0.28 |  |  | $ | 0.30 |
Diluted |  | $ | 0.11 |  |  | $ | 0.11 |  |  | $ | 0.27 |  |  | $ | 0.29 |

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