11. Earnings Per Common Share |
12 Months Ended | ||||||||||||||||
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May 31, 2025 | |||||||||||||||||
Notes | |||||||||||||||||
11. Earnings Per Common Share: | 11. Earnings Per Common Share:
Basic earnings per common share is computed by dividing income available to common stockholders by the weighted-average common shares outstanding for the period. Diluted earnings per common share reflects the weighted-average common shares outstanding and dilutive potential common shares, such as stock options.
A reconciliation of weighted-average common shares outstanding to weighted-average common shares outstanding assuming dilution is as follows:
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