Note 10 - Income Per Common Share

6 Months Ended

Apr. 30, 2022

Statement Line Items [Line Items]

Disclosure of earnings per share [text block]

10. Income per common share:

(thousands of Canadian dollars)
	for the three months ended						for the six months ended
	April 30			April 30			April 30			April 30
	2022			2021			2022			2021
Net income	$	4,943		$	5,744		$	10,509		$	11,034
Less: dividends on preferred shares		(247	)		(542	)		(494	)		(1,084	)
		4,696			5,202			10,015			9,950
Weighted average number of
common shares outstanding		27,441,082			21,123,559			27,441,082			21,123,559
Income per common share:	$	0.17		$	0.25		$	0.36		$	0.47

Common shares associated with the Series 1 NVCC preferred shares are contingently issuable shares and would only have a dilutive impact upon issuance.