Three Months Ended
June 30,

Nine Months Ended
June 30,

2012

2011

2012

2011

NUMERATOR:

Net income (loss) and numerator for basic and diluted income (loss) per common share-income available to common shareholders

$

1,141,000

$

334,000

$

9,961,000

$

(6,190,000

)

DENOMINATOR:

Denominator for basic income (loss) per common share-weighted average common shares

7,846,417

7,812,519

7,839,983

7,801,396

Effect of dilutive securities-employee stock options and restricted stock grants

77,592

112,662

94,384

—

Denominator for diluted income (loss) per common share-adjusted weighted average common shares and assumed conversions

7,924,009

7,925,181

7,934,367

7,801,396

Basic income (loss) per common share

$

0.15

$

0.04

$

1.27

$

(0.79

)

Diluted income (loss) per common share

$

0.14

$

0.04

$

1.26

$

(0.79

)