Earnings per Share

9 Months Ended

May 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 4.   Earnings per Share

The following is a reconciliation of the numerators and denominators of the basic and diluted computations for net income per share attributable to common shareholders:

	For the Three Months Ended May 31,						For the Nine Months Ended May 31,
	2012			2011			2012			2011
(In thousands, except share and per share information)
EPS:
Net income	$	957		$	621		$	1,985		$	1,754
Less:  accrued preferred stock dividends		(19	)		(19	)		(57	)		(57	)
Net income available for common shareholders	$	938		$	602		$	1,928		$	1,697
Earnings per common share  – basic and diluted	$	0.19		$	0.12		$	0.40		$	0.35

For the three and nine months ended May 31, 2012 and 2011, 40,000 potential common shares have been excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.