Income per Common Share
|6 Months Ended|
May 31, 2017
|Earnings Per Share [Abstract]|
|Income per Common Share||
Note 7 – Income per Common Share
The following table sets forth the calculation of basic and diluted net income per common share:
For the three and six months ended May 31, 2017, the Company included the effect of all outstanding options in the computation of diluted earnings per share, as all of the outstanding stock options were in the money.
For the three and six months ended May 31, 2016, the Company excluded the effect of 40,000 and 40,000, respectively, outstanding options from the computation of diluted earnings per share, as the effect of potentially dilutive shares from the outstanding stock options would be anti-dilutive.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef