Note 3 - Net Income Per Share of Common Stock (Tables)

6 Months Ended

May 31, 2013

Earnings Per Share [Text Block]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the three months ended
	May 31, 2013		May 31, 2012
Basic:
Numerator: net income	$	514,240	$	935,981
Denominator: average number of common shares outstanding		4,037,552		4,031,439
Basic earnings per common share	$	0.13	$	0.23
Diluted:
Numerator: net income	$	514,240	$	935,981
Average number of common shares outstanding		4,037,552		4,031,439
Effect of dilutive stock options		14,140		16,348
Denominator: dilutive average number of common shares outstanding		4,051,692		4,047,787
Diluted earnings per common share	$	0.13	$	0.23

	For the six months ended
	May 31, 2013		May 31, 2012
Basic:
Numerator: net income	$	1,333,500	$	1,129,479
Denominator: average number of common shares outstanding		4,036,302		4,029,825
Basic earnings per common share	$	0.33	$	0.28
Diluted:
Numerator: net income	$	1,333,500	$	1,129,479
Average number of common shares outstanding		4,036,302		4,029,825
Effect of dilutive stock options		13,178		17,521
Denominator: dilutive average number of common shares outstanding		4,049,480		4,047,346
Diluted earnings per common share	$	0.33	$	0.28