Schedule of Earnings (Loss) Per Share |
Diluted earnings (loss) per share is computed on the basis of the average number of common shares outstanding plus the effect of outstanding stock options using the “treasury stock method”.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
May 31,2016 |
|
May 31, 2015 |
|
May 31,2016 |
|
May 31 2015 |
Net income (loss) available for common shareholders |
$ |
423,677 |
|
|
$ |
(1,586,718 |
) |
|
$ |
627,052 |
|
|
$ |
(1,529,111 |
) |
Weighted average common shares outstanding-Basic |
7,006,684 |
|
|
7,006,684 |
|
|
7,006,684 |
|
|
7,006,684 |
|
Net effect of dilutive stock options |
119,649 |
|
|
— |
|
|
81,431 |
|
|
— |
|
Weighted average common shares and common shares equivalents—Diluted |
7,126,333 |
|
|
7,006,684 |
|
|
7,088,115 |
|
|
7,006,684 |
|
|
|
|
|
|
|
|
|
Earnings (loss) per Share: |
|
|
|
|
|
|
|
Basic |
|
|
|
|
|
|
|
Continuing Operations |
$ |
0.06 |
|
|
$ |
(0.25 |
) |
|
$ |
0.09 |
|
|
$ |
(0.25 |
) |
Discontinued Operations |
$ |
— |
|
|
$ |
0.03 |
|
|
$ |
— |
|
|
$ |
0.03 |
|
Income |
$ |
0.06 |
|
|
$ |
(0.22 |
) |
|
$ |
0.09 |
|
|
$ |
(0.22 |
) |
|
|
|
|
|
|
|
|
Diluted |
|
|
|
|
|
|
|
Continuing Operations |
$ |
0.06 |
|
|
$ |
(0.25 |
) |
|
$ |
0.09 |
|
|
$ |
(0.25 |
) |
Discontinued Operations |
$ |
— |
|
|
$ |
0.03 |
|
|
$ |
— |
|
|
$ |
0.03 |
|
Income |
$ |
0.06 |
|
|
$ |
(0.22 |
) |
|
$ |
0.09 |
|
|
$ |
(0.22 |
) |
|