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Net Income (Loss) per Share
 9 Months Ended
May 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Net Income (Loss) per Share
 
The following table presents the computation of basic and diluted income (loss) per common share attributable to the Company:
 
 
 
Three months ended May 31,
 
Nine months ended May 31,
 
 
 
2014
 
2013
 
2014
 
2013
 
Basic and diluted loss per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(299,469)
 
$
(1,430,050)
 
$
(1,525,895)
 
$
(2,242,617)
 
Less: Net (income) loss attributable to noncontrolling interest
 
 
29
 
 
31
 
 
(4)
 
 
2,804
 
Loss from continuing operations attributable to Dynacq Healthcare, Inc.
 
 
(299,440)
 
 
(1,430,019)
 
 
(1,525,899)
 
 
(2,239,813)
 
Discontinued operations, net of income taxes
 
 
—
 
 
8,262
 
 
—
 
 
378,348
 
Net loss attributable to Dynacq Healthcare, Inc.
 
$
(299,440)
 
$
(1,421,757)
 
$
(1,525,899)
 
$
(1,861,465)
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted average common shares outstanding
 
 
14,418,626
 
 
14,543,626
 
 
14,431,126
 
 
14,543,626
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations attributable to Dynacq Healthcare, Inc.
 
$
(0.02)
 
$
(0.10)
 
$
(0.11)
 
$
(0.16)
 
Discontinued operations, net of income taxes
 
 
—
 
 
—
 
 
—
 
 
0.03
 
Net loss attributable to Dynacq Healthcare, Inc.
 
$
(0.02)
 
$
(0.10)
 
$
(0.11)
 
$
(0.13)
 
 
Basic net income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding for the reporting period. Diluted net income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For the calculation of diluted net income (loss) per share, the basic weighted average number of shares is increased by the dilutive effect of stock options determined using the treasury stock method. However, if it is anti-dilutive, the dilutive effect of the stock options is not included in the calculation of diluted net income (loss) per share. Stock options with exercise prices exceeding current market prices that were excluded from the computation of net income (loss) per share amounted to approximately 1,013,000 shares and 1,480,000 shares for the nine months ended May 31, 2014 and 2013, respectively.