Re: optymystic, "Wouldn't taxes payable mean that they've already recognized the taxes owed, but not paid? So we'll see a hit against cash, but not earnings.?

That would seem logical but unless I'm missing something, I don't think so.

It appears that only the $2,379,704 tax provision number is included in the calculation that derives the $3,120,808 Net Income. It is this net income that is used to calculate EPS for this past Q.

Under "Current liabilities" a line item for "Income tax payable" = $3,749,353, is not part of the Net Income calculation, and not part of this past Qs EPS calculation. Therefore I'd say it will appear in next Qs Income and EPS calculation.