EARNINGS PER SHARE |
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EARNINGS PER SHARE |
NOTE 12 – EARNINGS PER SHARE
Earnings per share (“EPS”) is calculated by dividing net income attributable to common shareholders by the weighted-average shares of common stock outstanding during the period. Certain outstanding options are excluded from the diluted EPS calculation because they are anti-dilutive (i.e., their assumed conversion into common stock would increase rather than decrease EPS). For the three months ended February 28, 2025 and February 29, 2024, the Company excluded 377,040 options and 468,631 options because their impact was anti-dilutive. For the six months ended February 28, 2025 and February 29, 2024, the Company excluded 389,603 options and 466,249 options because their impact was anti-dilutive.
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