| Three Months Ended | Six Months Ended | |||||||||||||||
| May 31, | May 31, | May 31, | May 31, | |||||||||||||
| 2009 | 2008 | 2009 | 2008 | |||||||||||||
Item 6. |
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Weighted average shares outstanding — |
||||||||||||||||
Basic |
7,054,442 | 7,054,442 | 7,054,442 | 7,054,442 | ||||||||||||
Net effect of dilutive stock |
||||||||||||||||
Options—based on the
treasury stock method
using average market |
— | 13,663 | — | 16,432 | ||||||||||||
Weighted average shares outstanding — |
||||||||||||||||
Diluted |
7,054,442 | 7,068,085 | 7,054,442 | 7,070,874 | ||||||||||||
Net Income |
$ | 694,136 | $ | 790,692 | $ | 818,502 | $ | 1,134,375 | ||||||||
Per share amount |
||||||||||||||||
Basic |
$ | 0.10 | $ | 0.11 | $ | 0.12 | $ | 0.16 | ||||||||
Diluted |
$ | 0.10 | $ | 0.11 | $ | 0.12 | $ | 0.16 | ||||||||