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Earnings per share (Tables)
9 Months Ended
Jul. 31, 2019
Earnings Per Share [Abstract]  
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, 

 

    

2019

    

2018

    

2019

    

2018

Weighted average shares outstanding for basic earnings per share

 

9,363,528

 

9,202,095

 

9,343,067

 

9,045,340

 

 

  

 

  

 

  

 

  

Add effects of potentially dilutive securities-assumed exercise of stock options

 

509,371

 

527,513

 

506,822

 

397,272

 

 

  

 

  

 

  

 

  

Weighted average shares outstanding for diluted earnings per share

 

9,872,899

 

9,729,608

 

9,849,889

 

9,442,612