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 29, 2024 and February 28, 2023, the Company excluded 468,631 options and 593,975 options because their impact was anti-dilutive. For the six months ended February 29, 2024 and February 28, 2023, the Company excluded 466,249 options and 603,088 options because their impact was anti-dilutive.
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