Quarterly report [Sections 13 or 15(d)]

Income per Common Share (Tables)

v3.26.1
Income per Common Share (Tables)
6 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income per Common Share

The following table sets forth the calculation of basic and diluted net income per common share:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

May 31, 2026

 

 

May 31, 2025

 

 

May 31, 2026

 

 

May 31, 2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

554,586

 

 

$

355,785

 

 

$

601,694

 

 

$

638,640

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding-basic

 

 

8,055,476

 

 

 

8,080,161

 

 

 

8,055,315

 

 

 

8,081,149

 

Dilutive common shares issuable upon exercise of
   stock options

 

 

-

 

 

 

45,559

 

 

 

17

 

 

 

77,595

 

Weighted-average shares-diluted

 

 

8,055,476

 

 

 

8,125,720

 

 

 

8,055,332

 

 

 

8,158,744

 

Income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.07

 

 

$

0.04

 

 

$

0.07

 

 

$

0.08

 

Diluted

 

$

0.07

 

 

$

0.04

 

 

$

0.07

 

 

$

0.08