Per Share Information

6 Months Ended

Mar. 31, 2013

Per Share Information [Abstract]

Per Share Information

5. PER SHARE INFORMATION

Basic earnings per share is calculated as income (loss) available to common stockholders, divided by the weighted average number of common shares outstanding during the period. If the effect is dilutive, participating securities are included in the computation of basic earnings per share. Our participating securities do not have a contractual obligation to share in the losses in any given period. As a result, these participating securities will not be allocated any losses in the periods of net losses, but will be allocated income in the periods of net income using the two-class method.

The following table reconciles the components of the basic and diluted income(loss)per share for the three and six months endedMarch 31,2013 and 2012:

	Three Months Ended March 31,
	2013		2012
Numerator:
Net loss from continuing operations attributable to common shareholders	$	(940)	$	(1,186)
Net loss from continuing operations attributable to restricted shareholders	$	-	$	-
Net loss from continuing operations	$	(940)	$	(1,186)
Net loss from discontinued operations attributable to common shareholders	$	(161)	$	(2,245)
Net loss from discontinued operations attributable to restricted shareholders	$	-	$	-
Net loss from discontinued operations	$	(161)	$	(2,245)
Net loss attributable to common shareholders	$	(1,101)	$	(3,431)
Net loss attributable to restricted shareholders	$	-	$	-
Net loss	$	(1,101)	$	(3,431)
Denominator:
Weighted average common shares outstanding — basic		14,909,896		14,638,678
Effect of dilutive stock options and non-vested restricted stock		-		-
Weighted average common and common equivalent shares outstanding — diluted		14,909,896		14,638,678
Basic loss per share:
Basic loss per share from continuing operations	$	(0.06)	$	(0.08)
Basic loss per share from discontinued operations	$	(0.01)	$	(0.15)
Basic loss per share	$	(0.07)	$	(0.23)
Diluted loss per share:
Diluted loss per share from continuing operations	$	(0.06)	$	(0.08)
Diluted loss per share from discontinued operations	$	(0.01)	$	(0.15)
Diluted loss per share	$	(0.07)	$	(0.23)

	Six Months Ended March 31,
	2013		2012
Numerator:
Net loss from continuing operations attributable to common shareholders	$	(306)	$	(995)
Net loss from continuing operations attributable to restricted shareholders	$	-	$	-
Net loss from continuing operations	$	(306)	$	(995)
Net loss from discontinued operations attributable to common shareholders	$	(284)	$	(6,158)
Net loss from discontinued operations attributable to restricted shareholders	$	-	$	-
Net loss from discontinued operations	$	(284)	$	(6,158)
Net loss attributable to common shareholders	$	(590)	$	(7,153)
Net loss attributable to restricted shareholders	$	-	$	-
Net loss	$	(590)	$	(7,153)
Denominator:
Weighted average common shares outstanding — basic		14,855,313		14,603,693
Effect of dilutive stock options and non-vested restricted stock		-		-
Weighted average common and common equivalent shares outstanding — diluted		14,855,313		14,603,693
Basic loss per share:
Basic loss per share from continuing operations	$	(0.02)	$	(0.07)
Basic loss per share from discontinued operations	$	(0.02)	$	(0.42)
Basic loss per share	$	(0.04)	$	(0.49)
Diluted loss per share:
Diluted loss per share from continuing operations	$	(0.02)	$	(0.07)
Diluted loss per share from discontinued operations	$	(0.02)	$	(0.42)
Diluted loss per share	$	(0.04)	$	(0.49)

For the three months endedMarch 31, 2013and 2012, 16,121 and20,000stock options, respectively, were excluded from the computation of fully diluted earnings per share because the exercise prices of the options were greater than the average price of our common stock.For the six months endedMarch 31, 2013and 2012, 17,236 and20,000stock options, respectively, were excluded from the computation of fully diluted earnings per share because the exercise prices of the options were greater than the average price of our common stock.

For the three months endedMarch 31, 2013and 2012, 168,412 and 388,860 shares, respectively, of restricted stock were excluded from the computation of fully diluted earnings per share because we reported a loss from continuing operations.For the six months endedMarch 31, 2013and 2012, 196,455 and 388,860 shares, respectively, of restricted stock were excluded from the computation of fully diluted earnings per share because we reported a loss from continuing operations.