Three Months Ended

January 31,

2023

2022

Basic

Diluted

Basic

Diluted

Net income

$

1,330

$

1,330

$

3,535

$

3,535

Undistributed earnings allocated to participating shares

(18)

(39)

Net income applicable to common shareholders

$

1,312

$

1,312

$

3,496

$

3,496

Weighted average shares outstanding

6,583

6,616

Stock options and contingently issuable securities

—

39

—

26

6,583

6,622

6,616

6,642

Income per share

$

0.20

$

0.20

$

0.53

$

0.53