v3.26.1
EARNINGS PER SHARE
 6 Months Ended
Apr. 30, 2026
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE D – EARNINGS PER SHARE

 

The following data shows the amounts used in the calculations of basic and diluted earnings per share.

 

 

 

Three months ended April 30,

 

 

Six months ended April 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net income available to common equity holders - used to compute basic and diluted earnings per share

 

$232,986

 

 

$95,353

 

 

$265,846

 

 

$103,889

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - used to compute basic earnings per share

 

 

22,901,719

 

 

 

22,934,385

 

 

 

22,903,891

 

 

 

22,946,461

 

Effect of options to purchase common stock

 

 

10,103

 

 

 

10,023

 

 

 

7,920

 

 

 

6,426

 

Weighted average number of shares - used to compute diluted earnings per share

 

 

22,911,822

 

 

 

22,944,408

 

 

 

22,911,811

 

 

 

22,952,887

 

 

For the three-month and six-month periods ended April 30, 2026 and April 30, 2025, options for the purchase of 293,350 and 373,350 shares of common stock, respectively, were not considered in computing diluted earnings per share because their effects were antidilutive.