2. Earnings Per Share (Tables)

6 Months Ended

Nov. 30, 2013

Computation of Basic and Diluted Shares

	2013			2012
Six-Month Periods ended November 30, 2013 and 2012:
Numerator -
Net income available to common shareholders	$	1,298,026		$	834,608
Denominator -
Weighted-average shares outstanding
Basic		26,111,201			26,111,201
Incremental shares from assumed conversion of options		1,447,399			1,130,769
Diluted Shares		27,558,600			27,241,970
Three-Month Periods ended November 30, 2013 and 2012:
Numerator -
Net income (loss) available to common shareholders	$	(150,626	)	$	2,603
Denominator -
Weighted-average shares outstanding
Basic		26,111,201			26,111,201
Incremental shares from assumed conversion of options		-			1,336,364
Diluted Shares		26,111,201			27,447,565