Note 11 - Income Per Common Share

6 Months Ended

Apr. 30, 2024

Statement Line Items [Line Items]

Disclosure of earnings per share [text block]

11. Income per common share:

(thousands of Canadian dollars, except shares outstanding and per share amounts)
	for the three months ended						for the six months ended
	April 30			April 30			April 30			April 30
	2024			2023			2024			2023
Net income	$	11,828		$	10,263		$	24,527		$	19,680
Less: dividends on preferred shares		(247	)		(247	)		(494	)		(494	)
		11,581			10,016			24,033			19,186
Weighted average number of common shares outstanding		25,964,424			26,170,621			25,964,424			26,605,052
Income per common share:	$	0.45		$	0.38		$	0.93		$	0.72

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