v3.26.1
Note 11 - Earnings Per Share
3 Months Ended
Feb. 28, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

11. Earnings Per Share

 

Basic earnings per common share is computed by dividing net income allocable to common shares by the weighted average number of common shares outstanding, adjusted for participating securities, if any. The following reconciles basic and diluted earnings per share:

 

   

Net Income

   

Weighted Average

Shares

   

Earnings Per

Share

 

For the quarter ended February 28, 2026:

                       
                         

Basic earnings per share

  $ 1,116       8,615,587     $ 0.13  

Add effect of dilutive securities:

                       

Restricted shares

    -       36,291       -  

Diluted earnings per share

  $ 1,116       8,651,878     $ 0.13  
                         
                         

For the quarter ended March 1, 2025:

                       
                         

Basic earnings per share

  $ 1,854       8,678,770     $ 0.21  

Add effect of dilutive securities:

                       

Restricted shares

    -       27,665       -  

Diluted earnings per share

  $ 1,854       8,706,435     $ 0.21  

 

For the three months ended February 28, 2026 and March 1, 2025, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:

 

   

Quarter Ended

 
   

February 28, 2026

   

March 1, 2025

 
                 

Unvested shares

    -       61,413