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2. Significant Accounting Policies: Earnings Per Share: Earnings Per Share (Tables)
 12 Months Ended
Aug. 31, 2013
Tables/Schedules  
Earnings Per Share

 

 

2013

 

2012

 

 

 

 

Net income

$   3,132,019

 

$   3,059,931

 

 

 

 

Basic weighted average number of  common shares outstanding

3,135,509

 

3,444,212

 

 

 

 

Effect of dilutive securities

 

 

 

Stock options

0

 

0

 

 

 

 

Diluted weighted average number of common shares outstanding

3,135,509

 

3,444,212

 

 

 

 

Basic and diluted earnings per common share

$             1.00

 

$            0.89