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Earnings per share (Tables)
9 Months Ended
Jul. 31, 2012
Computation of Basic and Diluted Weighted Average Shares Outstanding

The following table summarizes the computation of basic and diluted weighted average shares outstanding:

 

    Three Months Ended July 31     Nine Months Ended July 31  
    2012     2011     2012     2011  
                         
Weighted average shares outstanding for basic net earnings per share     6,867,073       6,486,577       6,914,450       6,131,944  
                                 
Add effects of potentially dilutive securities -assumed exercise of stock options     758,012       976,592       743,096       954,052  
                                 
Weighted average shares for diluted net earnings per share     7,625,085       7,463,169       7,657,546       7,085,996