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Note 10 - Income (Loss) Per Share and Weighted Average Shares
3 Months Ended
Jan. 31, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
10.
INCOME (LOSS) PER SHARE AND WEIGHTED AVERAGE SHARES
 
The Company considers outstanding in-the-money stock options, if any, as potential common stock in its calculation of diluted earnings per share, unless the effect would be anti-dilutive, and uses the treasury stock method to calculate the applicable number of shares.
 
The following calculation provides the reconciliation of the denominators used in the calculation of basic and fully diluted earnings per share:
 
    Three Months Ended
January 31,
    2018   2017
Net Income (Loss)    
565,524
    $
(74,614
)
Denominator:                
Basic Weighted Average Shares Outstanding    
21,358,411
     
21,358,411
 
Dilutive effect of Stock Options    
-
     
-
 
Diluted Weighted Average Shares Outstanding    
21,358,411
     
21,358,411
 
Basic Income (Loss) Per Share   $
.03
    $
(.00
)
Diluted Income (Loss) Per Share   $
.03
    $
(.00
)
 
As of
January 31, 2018
and
2017
there were
no
options outstanding.