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Income per Common Share (Tables)

3 Months Ended

Feb. 29, 2020

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share:

		For the three months ended February 29, 2020				For the three months ended February 28, 2019
Numerator:
Net Income		$	686,966			$	275,877
Denominator:
Weighted-average shares outstanding-basic			7,541,113				7,801,333
Dilutive common shares issuable upon exercise of stock options			587,144				623,572
Weighted-average shares-diluted			8,128,257				8,424,905
Earnings (Loss) per share:
Basic		$	0.09			$	0.04
Diluted		$	0.08			$	0.03

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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