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Note 3 - Earnings (Loss) Per Share
6 Months Ended
May 31, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
3.
Earnings/(Loss) per Share
 
The following table sets forth the computation of basic and diluted earnings per share:
 
   
For the three months ended May 31,
   
For the six months ended May 31,
 
   
2017
   
2016
   
2017
   
2016
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
  $
136,012
    $
131,652
    $
188,728
    $
220,777
 
                                 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average outstanding shares
                               
Basic and diluted
   
7,263,508
     
7,263,508
     
7,263,508
     
7,263,508
 
Earnings per Share - Basic and Diluted
  $
0.02
    $
0.02
    $
0.03
    $
0.03
 
 
There were
no
outstanding options for the
three
or
six
months ended
May 31, 2017.
For the
three
months ended
February
29,
2016
and
six
months ended
May 31, 2016,
the Company excluded
175,000
potential shares attributable to outstanding stock options from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.