Earnings per Share and Stock-based Compensation (Tables)

6 Months Ended

Apr. 30, 2015

Earnings per Share and Stock Based Compensation [Abstract]

Reconciliation of Denominator of Each Net Loss per Share

The table below sets forth the reconciliation of the denominator of each net loss/income per share calculation for the three and six months ended April 30, 2015 and 2014:



	Three Months Ended April 30,		Six Months Ended April 30,
In thousands	2015	2014	2015	2014
Shares used in computing basic net loss/income per share	171,343	170,475	171,188	170,105
Dilutive effect of stock options and restricted stock⁽¹⁾	—	—	—	—
Dilutive effect of stock warrants⁽¹⁾	—	—	—	—
Shares used in computing diluted net loss/income per share	171,343	170,475	171,188	170,105

(1)

For the second quarter of fiscal 2015 and 2014, the shares used in computing diluted net loss per share do not include 232,000 and 3,229,000, respectively, of stock options and shares of restricted stock, nor 1,279,000 and 19,113,000, respectively, of warrant shares that would have normally been dilutive if the Company had net income for the periods, as the effect is anti-dilutive given the Company’s net loss from continuing operations. In addition, for the second quarter of fiscal 2015 and 2014, additional stock options outstanding of 5,712,000 and 685,000, respectively, are excluded from the calculation of diluted weighted-average shares outstanding as the exercise prices were greater than the average market price of the Company's common stock for those periods. These securities could potentially dilute earnings per share in the future.

For the first six months of fiscal 2015 and 2014, the shares used in computing diluted net loss per share do not include 233,000 and 3,603,000, respectively, of stock options and shares of restricted stock, nor 1,633,000 and 19,542,000, respectively, of warrant shares that would have been dilutive if the Company had net income for the periods, as the effect is anti-dilutive given the Company’s net loss from continuing operations. In addition, for the first six months of fiscal 2015 and 2014, additional stock options outstanding of 5,880,000 and 595,000, respectively, are excluded from the calculation of diluted weighted-average shares outstanding as the exercise prices were greater than the average market price of the Company's common stock for those periods. These securities could potentially dilute earnings per share in the future.

Schedule of Activity Related to Performance Based Equity Instruments

Activity related to these performance-based options and performance-based restricted stock units for the six months ended April 30, 2015 was as follows:



	Performance Options	Performance Restricted Stock Units
Outstanding, October 31, 2014	640,000	10,218,508
Granted	—	1,824,000
Exercised	—	—
Canceled	—	(2,263,502	)
Outstanding, April 30, 2015	640,000	9,779,006

Schedule of Changes in Shares under Option, Excluding Performance Based Options

Changes in shares underlying stock options, excluding performance-based stock options, for the six months ended April 30, 2015 were as follows:



Dollar amounts in thousands, except per share amounts	Shares		Weighted Average Price		Weighted Average Life	Aggregate Intrinsic Value
Outstanding, October 31, 2014	6,817,609		$	4.52
Granted	275,000		1.70
Exercised	—		—
Canceled	(765,667	)	5.87
Outstanding, April 30, 2015	6,326,942		$	4.24	4.6	$	14
Options exercisable, April 30, 2015	5,927,274		$	4.12	4.4	$	14

Schedule of Changes in Non-Vested Shares under Option, Excluding Performance Based Options

Changes in non-vested shares underlying stock options, excluding performance-based stock options, for the six months ended April 30, 2015 were as follows:



	Shares		Weighted Average Grant Date Fair Value
Non-vested, October 31, 2014	1,121,336		$	4.18
Granted	275,000		1.27
Vested	(813,334	)	2.89
Canceled	(183,334	)	5.20
Non-vested, April 30, 2015	399,668		$	4.32

Schedule of Restricted Stock Activity

Changes in restricted stock and restricted stock units for the six months ended April 30, 2015 were as follows:



	Restricted Stock		Restricted Stock Units
Outstanding, October 31, 2014	175,000		—
Granted	105,000		675,676
Vested	(70,000	)	(281,532	)
Forfeited	—		(394,144	)
Outstanding, April 30, 2015	210,000		—