| Earnings per share |
Weighted average basic shares, taking
into consideration shares issued, weighted average options used in calculating EPS and treasury shares repurchased, for Fiscal
2012, 2011 and 2010 are as follows:
| |
|
|
|
| |
10/31/12 |
10/31/11 |
10/31/10 |
| Weighted average combined shares of common stock outstanding used to compute basic earnings per combined share |
2,450,424 |
2,450,424 |
2,450,424 |
Basic (loss) earnings per weighted average combined share
is computed as follows:
| |
|
|
|
| |
10/31/12 |
10/31/11 |
10/31/10 |
| Net loss before discontinued operations |
($1,214,912) |
($2,587,540) |
($3,815,759) |
| Weighted average combined shares of common stock outstanding |
2,450,424 |
2,450,424 |
2,450,424 |
| Basic loss per weighted average combined share |
($0.49) |
($1.06) |
($1.56) |
| |
|
|
|
| Net income (loss) from discontinued operations |
($43,722) |
$112,775 |
$406,679 |
| Weighted average combined shares of common stock outstanding |
2,450,424 |
2,450,424 |
2,450,424 |
| Basic earnings (loss) per weighted average combined share |
($0.02) |
$0.05 |
$0.17 |
| |
|
|
|
| Net loss |
($1,258,634) |
($2,474,765) |
($3,409,080) |
| Weighted average combined shares of common stock outstanding |
2,450,424 |
2,450,424 |
2,450,424 |
| Basic loss per weighted average combined share |
($0.51) |
($1.01) |
($1.39) | |