NOTE 6: EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share:
Schedule of computation of basic and diluted earnings per share
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| | |
Three Months Ended May 31, | |
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2026 | | |
2025 | |
| | |
| | |
| |
| Numerator for basic and diluted earnings per share | |
$ | 741,168 | | |
$ | 484,985 | |
| | |
| | | |
| | |
| Denominator for basic earnings per share - weighted average | |
| 15,713,185 | | |
| 15,733,955 | |
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| | | |
| | |
| Effects of dilutive securities: | |
| | | |
| | |
| Stock options for employees and directors | |
| 24,091 | | |
| 14,601 | |
| Denominator for diluted earnings per share | |
| 15,737,276 | | |
| 15,748,556 | |
| | |
| | | |
| | |
| Basic Earnings Per Share | |
$ | 0.05 | | |
$ | 0.03 | |
| | |
| | | |
| | |
| Diluted Earnings Per Share | |
$ | 0.05 | | |
$ | 0.03 | |
In the first quarter of fiscal year 2027, 149,425 stock options were excluded from the
computation of diluted income per share because the effect of inclusion would have been anti-dilutive.
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