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Note 11 - Net Income Per Common Share - Reconciliation of the Earnings Per Share Computations (Details) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Net income $ 1,000,167 $ 2,053,916 $ 5,676,773 $ 4,628,890
Basic – weighted shares outstanding (in shares) 9,227,912 9,109,861 9,216,216 9,107,243
Weighted shares assumed upon exercise of stock options (in shares) 350,886 862,139 466,430 721,809
Diluted – weighted shares outstanding (in shares) 9,578,797 9,972,000 9,682,646 9,829,052
Basic net income per share: (in dollars per share) $ 0.11 $ 0.23 $ 0.62 $ 0.51
Diluted net income per share: (in dollars per share) $ 0.11 $ 0.21 $ 0.59 $ 0.47