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Per Share Data
3 Months Ended
Jan. 31, 2012
Per Share Data [Abstract]  
Earnings Per Share [Text Block]
Per Share Data
 
Basic and diluted net income per common share has been computed using the weighted average number of shares of common stock outstanding during the period, less shares subject to repurchase. The following table presents the calculation of basic and diluted net income per share (in thousands, except per share amounts):
 
Three Months Ended
 
 
January 31, 2012
 
January 31, 2011
 
 
 
 
 
 
Net income
$
133

 
$
461

 
 
 
 
 
 
Calculation of basic net income per share:
 
 
 
 
Weighted average - common shares outstanding
2,935

 
3,203

 
Net income per share, basic
$
0.05

 
$
0.14

 
 
 
 
 
 
Calculation of diluted net income per share:
 

 
 

 
Weighted average - common shares outstanding
2,935

 
3,203

 
Dilutive effect of employee and director stock options
11

 
117

 
Weighted average - common shares outstanding and potentially dilutive common shares
2,946

 
3,320

 
Net income per share, diluted
$
0.05

 
$
0.14

 

For the three months ended January 31, 2012 and 2011, 616,000 and 401,000 potentially dilutive shares, respectively, were excluded from the computation of diluted net income per share by the application of the treasury stock method.