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2. Significant Accounting Policies: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
12 Months Ended
Aug. 31, 2014
Tables/Schedules  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

2014

 

2013

 

 

 

 

 

 

Net income

$   1,858,453

 

$   3,132,019

 

 

 

 

 

 

Basic weighted average number of

       common shares outstanding

 

2,968,220

 

 

3,135,509

 

 

 

 

 

 

Effect of dilutive securities

 

 

 

 

Stock options

                0

 

0

 

 

 

 

 

 

Diluted weighted average number

      of common shares outstanding

 

2,968,220

 

 

3,135,509

 

 

 

 

 

 

Basic and diluted earnings per common share

$             0.63

 

$            1.00