Note 4 - Earnings (Loss) Per Share.

3 Months Ended

Sep. 30, 2011

Earnings Per Share [Text Block]

Note 4.  Earnings (Loss) Per Share.

The computations of basic and diluted earnings (loss) per share from continuing operations are as follows:

	Quarter Ended
	September 30,			September 30,
	2011			2010
Net income (loss) from continuing operations attributable to shareholders	$	(5,509	)	$	5,002
Amounts allocated to participating securities (nonvested shares)		(368	)		320
Net income (loss) from continuing operations attributable to common shareholders	$	(5,141	)	$	4,682
Basic weighted average common shares(i)		16,847,100			16,675,744
Potential dilutive shares from stock options	(ii)				20,502
Diluted weighted average common shares (iii)		16,847,100			16,696,246
Earnings per share from continuing operations attributable to common shareholders
Basic	$	(0.31	)	$	0.28
Diluted	$	(0.31	)	$	0.28

(i)	Under the two-class method, basic weighted average common shares exclude outstanding nonvested participating securities consisting of restricted share awards of 1,212,551 and 1,138,970 at September 30, 2011 and 2010, respectively.
(ii)	Stock options have not been included due to the loss experienced during the quarter.
(iii)	Anti-dilutive units totaled 61,100 and 18,000 for the quarters ended September 30, 2011and 2010, respectively.