XML 46 R20.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Tables)
3 Months Ended
Aug. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Anti-Dilutive Instruments of Earnings Per Share

Instruments which have an anti-dilutive effect at August 31 are as follows:

 

   2019   2018 
         
Preferred stock convertible into common stock   3,333,333    3,333,333 
Schedule of Basic and Diluted Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share for the three months ended August 31, 2019 and 2018:

 

   2019   2018 
Numerator -          
Net income attributable to common stockholders  $442,250   $601,388 
Denominator -          
Weighted-average shares outstanding - basic   28,361,201    28,361,201 
Incremental shares from assumed conversion of options and warrants   649,345    642,495 
Diluted shares   29,010,546    29,003,696 
Income per share -          
Basic and Diluted  $0.02   $0.02