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JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
May 31, 2019
May 31, 2018
May 31, 2019
May 31, 2018
Details        
SALES $ 16,692,241 $ 19,934,709 $ 33,615,516 $ 42,690,017
COST OF SALES 13,054,487 15,944,995 25,907,388 33,877,749
GROSS PROFIT 3,637,754 3,989,714 7,708,128 8,812,268
OPERATING EXPENSES        
Selling, general and administrative expenses 759,708 596,830 1,721,743 1,658,781
Depreciation and amortization 47,141 71,560 143,413 266,970
Wages and employee benefits 1,324,267 1,312,479 3,799,700 3,587,126
Operating Expenses (2,131,116) (1,980,869) (5,664,856) (5,512,877)
OTHER ITEMS        
Gain (loss) on sale of property, plant and equipment 0 0 105,366 (27,022)
Interest and other income 7,033 8,156 33,368 16,639
Nonoperating Income (Expense) 7,033 8,156 138,734 (10,383)
Income before income taxes 1,513,671 2,017,001 2,182,006 3,289,008
Income tax expense (415,461) (627,792) (614,472) (1,069,068)
Net income $ 1,098,210 $ 1,389,209 $ 1,567,534 $ 2,219,940
Basic earnings per common share $ 0.27 $ 0.31 $ 0.36 $ 0.50
Diluted earnings per common share $ 0.27 $ 0.31 $ 0.36 $ 0.50
Basic 4,022,587 4,468,988 4,318,128 4,468,988
Diluted 4,022,587 4,468,988 4,318,128 4,468,988