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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
6 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Earnings Per Share, Policy [Policy Text Block]
Earnings Per Share

 

Basic income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding. The computation of diluted income per share is similar to the computation of basic earnings per share except that the weighted-average number of common shares is increased to include the number of additional common shares that would have been outstanding if potential dilutive common shares had been issued. The Company's only potentially dilutive common shares are stock options and restricted stock units (RSUs). For the six months ended December 31, 2012, the Company had stock options and RSUs totaling 46,376 that were considered potential dilutive common shares. For the three months ended December 31, 2011, the Company had stock options and RSUs totaling 74,791 that were considered potential dilutive common shares. For the three months ended December 31, 2012 and the six months ended December 31, 2011, the Company did not have potential dilutive common shares as the Company had a loss from continuing operations.