INCOME (LOSS) PER SHARE

12 Months Ended

Oct. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

14. INCOME (LOSS) PER SHARE

The table below provides a reconciliation of basic and diluted average shares outstanding used in computing income (loss) per share, after applying the treasury stock method.

	2012		2011		2010
Basic weighted average shares outstanding		39,973,248		38,527,589		37,019,750
Common stock options		222,355		385,487		-
Non-vested portion of restricted stock grants		467,074		900,681		-
Warrants		160,520		310,211		-
Diluted weighted average shares outstanding		40,823,197		40,123,968		37,019,750

Options, warrants and restricted stock grants representing a total of 4,145,802, 761,265 and 5,675,220 potential shares of common stock at October 31, 2012, 2011 and 2010, respectively, were not included in the calculation of diluted earnings per common share for the years ended, as the effect of their inclusion would be anti-dilutive.

The table below provides total potential shares outstanding, including those that are anti-dilutive, at each balance sheet date:

	October 31, 2012		October 31, 2011
Shares issuable under common stock warrants		1,176,501		1,196,501
Shares issuable under stock options		1,241,567		1,560,629
Non-vested portion of restricted stock grants		1,379,713		1,623,651