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Earnings Per Share (Tables)
12 Months Ended
Oct. 31, 2012
Calculation of Earnings or Loss Per Share

The following table presents earnings (loss) per share calculated in accordance with requirements of ASC 260.

 

     For the year ended  
     October 31,
2012
    October 31,
2011
 

Net income (loss)

   $ 53,944      $ (127,077

Distributed and undistributed (earnings) to unvested restricted stock

     (1,612     0   
  

 

 

   

 

 

 

Distributed and undistributed earnings to common shareholders — Basic

   $ 52,332      $ (127,077

Weighted average shares outstanding — Basic

     22,280        22,130   

Weighted average shares outstanding — Diluted

     22,282        22,130   

Earnings per common share — Basic

   $ 2.35      $ (5.74

Earnings per common share — Diluted

   $ 2.35      $ (5.74